Compare two stocks
KMI and CHRW clearly differ on 1 of 19 forces. The widest gap is natural gas: in weeks when the U.S. natural gas price (Henry Hub) rose 10%, KMI typically moved +0.06% and CHRW −0.01%.
| Economic force | KMIKinder Morgan | CHRWC.H. Robinson |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −0.15%−1.4% to +1.0%Not distinguishable from zero | −0.47%−2.1% to +1.2%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | −0.04%−2.9% to +2.8%Not distinguishable from zero | −0.41%−4.6% to +3.8%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | +1.0%−0.68% to +2.6%Not distinguishable from zero | +1.0%−1.2% to +3.2%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +1.2%+0.30% to +2.1%Tentative | +0.48%−0.71% to +1.7%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +0.35%−1.6% to +2.3%Not distinguishable from zero | −0.27%−4.3% to +3.8%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +0.05%−1.7% to +1.8%Not distinguishable from zero | −3.3%−6.4% to −0.12%Tentative |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −1.1%−2.3% to +0.10%Not distinguishable from zero | +0.26%−1.2% to +1.7%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +1.1%+0.06% to +2.1%Tentative | −1.2%−2.7% to +0.23%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.13%−0.71% to +1.0%Not distinguishable from zero | −1.7%−2.8% to −0.70%Tentative |
| CopperIn weeks when the price of copper rose 5% | +0.04%−0.69% to +0.77%Not distinguishable from zero | −1.0%−1.9% to −0.05%Tentative |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%Clear difference | +0.06%+0.03% to +0.08%Clear | −0.01%−0.04% to +0.02%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.27%−1.1% to +0.55%Not distinguishable from zero | −0.47%−1.2% to +0.32%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.43%+0.19% to +0.68%Tentative | +0.19%−0.19% to +0.56%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.71%+0.53% to +0.89%Clear | +0.19%−0.16% to +0.54%Not distinguishable from zero |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | +0.06%−0.26% to +0.38%Not distinguishable from zero | −0.67%−1.3% to −0.08%Tentative |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −1.8%−3.4% to −0.22%Tentative | +1.3%−1.3% to +3.9%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.03%−0.94% to +0.87%Not distinguishable from zero | +0.38%−1.3% to +2.1%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.08%−0.36% to +0.21%Not distinguishable from zero | +0.03%−0.34% to +0.40%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.04%−0.12% to +0.21%Not distinguishable from zero | +0.09%−0.16% to +0.34%Not distinguishable from zero |
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.