Compare two stocks
KMI and WRB 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 WRB −0.02%.
| Economic force | KMIKinder Morgan | WRBW. R. Berkley Corporation |
|---|---|---|
| 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 | −0.54%−1.8% to +0.74%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 | −0.67%−3.3% to +2.0%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%−0.19% to +2.2%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +1.2%+0.30% to +2.1%Tentative | +0.34%−0.47% to +1.2%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 | +0.24%−2.1% to +2.5%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 | +0.63%−1.2% to +2.4%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −1.1%−2.3% to +0.10%Not distinguishable from zero | −1.4%−2.2% to −0.62%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +1.1%+0.06% to +2.1%Tentative | +0.10%−0.82% to +1.0%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.13%−0.71% to +1.0%Not distinguishable from zero | +0.16%−0.72% to +1.0%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.04%−0.69% to +0.77%Not distinguishable from zero | +0.16%−0.38% to +0.70%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%Clear difference | +0.06%+0.03% to +0.08%Clear | −0.02%−0.05% to 0.00%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.27%−1.1% to +0.55%Not distinguishable from zero | −0.67%−1.3% to −0.02%Tentative |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.43%+0.19% to +0.68%Tentative | +0.24%+0.05% to +0.44%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.71%+0.53% to +0.89%Clear | +0.80%+0.60% to +1.0%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | +0.06%−0.26% to +0.38%Not distinguishable from zero | −0.08%−0.37% to +0.21%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −1.8%−3.4% to −0.22%Tentative | −1.2%−2.7% to +0.21%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 | +0.04%−0.84% to +0.92%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 | −0.29%−0.58% to 0.00%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 | +0.16%+0.01% to +0.31%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.