Compare two stocks
On none of the 19 forces measured do JCI and ETN differ by more than the noise in the readings: their 90% ranges overlap every time.
| Economic force | JCIJohnson Controls | ETNEaton Corporation |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | +1.3%+0.03% to +2.5%Tentative | +1.2%+0.17% to +2.3%Tentative |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | −1.1%−3.8% to +1.7%Not distinguishable from zero | −1.4%−4.3% to +1.6%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.42%−1.9% to +1.1%Not distinguishable from zero | −1.1%−2.6% to +0.30%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +0.10%−0.81% to +1.0%Not distinguishable from zero | −0.01%−0.68% to +0.66%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +2.2%−0.34% to +4.8%Not distinguishable from zero | +1.0%−1.3% to +3.4%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +1.5%−1.0% to +3.9%Not distinguishable from zero | +2.1%+0.16% to +4.0%Tentative |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −1.2%−2.1% to −0.30%Tentative | −0.10%−1.2% to +1.0%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −0.64%−2.0% to +0.67%Not distinguishable from zero | −0.26%−1.4% to +0.89%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −1.0%−1.7% to −0.25%Tentative | −0.54%−1.3% to +0.22%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.27%−0.45% to +1.0%Not distinguishable from zero | −0.57%−1.1% to −0.03%Tentative |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.02%−0.04% to 0.00%Tentative | −0.04%−0.07% to −0.02%Tentative |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.21%−1.3% to +0.92%Not distinguishable from zero | +0.13%−0.61% to +0.87%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.34%+0.07% to +0.61%Tentative | +0.15%−0.11% to +0.40%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.52%+0.19% to +0.84%Tentative | +0.05%−0.22% to +0.33%Not distinguishable from zero |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | +0.29%−0.09% to +0.67%Not distinguishable from zero | +0.77%+0.44% to +1.1%Clear |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −4.6%−6.7% to −2.6%Clear | −2.7%−5.1% to −0.39%Tentative |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.41%−0.63% to +1.5%Not distinguishable from zero | −0.56%−1.5% to +0.36%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | +0.05%−0.32% to +0.42%Not distinguishable from zero | +0.08%−0.22% to +0.38%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.08%−0.11% to +0.26%Not distinguishable from zero | −0.22%−0.40% to −0.04%Tentative |
Each figure is the stock's typical move in a week when the force moved by the stated amount, after accounting for the stock market, with its 90% range beneath. Grey figures could not be told apart from zero. A row is marked a clear difference only when the two 90% ranges do not overlap.
This describes the past, and it is not a forecast. Relationships change, and nothing here is a recommendation to buy, sell or hold any security.