Compare two stocks
KVUE and STE clearly differ on 2 of 19 forces. The widest gap is euro: in weeks when the euro rose 2% against the U.S. dollar, KVUE typically moved −2.7% and STE +1.7%.
| Economic force | KVUEKenvue | STESteris |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.3%−2.3% to −0.31%Tentative | −0.78%−1.7% to +0.16%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +3.3%+0.21% to +6.5%Tentative | +2.2%−0.37% to +4.7%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −1.4%−2.8% to +0.10%Not distinguishable from zero | −1.5%−3.0% to +0.02%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −1.2%−1.7% to −0.65%Clear | −1.3%−2.0% to −0.66%Clear |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +1.1%−1.4% to +3.5%Not distinguishable from zero | +0.44%−1.7% to +2.6%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +0.16%−1.8% to +2.1%Not distinguishable from zero | −2.2%−3.8% to −0.57%Tentative |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −1.5%−2.8% to −0.17%Tentative | −0.07%−0.81% to +0.66%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −0.79%−2.2% to +0.64%Not distinguishable from zero | −0.43%−1.6% to +0.70%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.19%−1.2% to +0.83%Not distinguishable from zero | −0.63%−1.4% to +0.14%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.08%−1.0% to +0.85%Not distinguishable from zero | −0.42%−0.88% to +0.03%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%Clear difference | +0.04%+0.02% to +0.05%Clear | −0.02%−0.05% to +0.01%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.71%−1.5% to +0.03%Not distinguishable from zero | −0.69%−1.3% to −0.06%Tentative |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.16%−0.13% to +0.45%Not distinguishable from zero | +0.08%−0.13% to +0.28%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.78%+0.47% to +1.1%Clear | +0.42%+0.20% to +0.64%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.15%−0.54% to +0.24%Not distinguishable from zero | −0.55%−0.77% to −0.32%Clear |
| EuroIn weeks when the euro rose 2% against the U.S. dollarClear difference | −2.7%−5.0% to −0.46%Tentative | +1.7%+0.17% to +3.3%Tentative |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.58%−1.4% to +0.22%Not distinguishable from zero | +0.70%−0.25% to +1.6%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.28%−0.56% to −0.01%Tentative | −0.32%−0.59% to −0.06%Tentative |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.04%−0.11% to +0.20%Not distinguishable from zero | +0.22%+0.06% to +0.39%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.