Compare two stocks
LH and FERG clearly differ on 2 of 19 forces. The widest gap is momentum: in weeks when recent winners beat the stock market by 1 percentage point, LH typically moved −0.62% and FERG +0.03%.
| Economic force | LHLabcorp | FERGFerguson Enterprises |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.8%−2.7% to −0.84%Clear | −1.4%−2.6% to −0.15%Tentative |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | −0.32%−3.2% to +2.6%Not distinguishable from zero | +0.03%−3.8% to +3.9%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.70%−1.9% to +0.46%Not distinguishable from zero | −0.26%−1.7% to +1.2%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −0.14%−0.85% to +0.57%Not distinguishable from zero | −0.53%−1.6% to +0.50%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −0.69%−3.2% to +1.8%Not distinguishable from zero | −1.5%−5.1% to +2.2%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −1.3%−3.2% to +0.66%Not distinguishable from zero | +0.24%−1.5% to +1.9%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | +0.41%−0.40% to +1.2%Not distinguishable from zero | +0.01%−1.1% to +1.1%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.36%−0.51% to +1.2%Not distinguishable from zero | +0.66%−0.58% to +1.9%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.42%−0.37% to +1.2%Not distinguishable from zero | +0.14%−0.60% to +0.88%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.33%−1.0% to +0.29%Not distinguishable from zero | −0.48%−1.1% to +0.13%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.03%−0.05% to −0.02%Clear | +0.01%−0.02% to +0.04%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.31%−0.91% to +0.29%Not distinguishable from zero | −0.04%−0.77% to +0.69%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage pointClear difference | +0.20%−0.05% to +0.45%Not distinguishable from zero | +0.83%+0.50% to +1.2%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.54%+0.35% to +0.72%Clear | +0.51%+0.22% to +0.80%Tentative |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage pointClear difference | −0.62%−0.89% to −0.35%Clear | +0.03%−0.31% to +0.37%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | +0.60%−1.3% to +2.5%Not distinguishable from zero | +0.83%−1.3% to +3.0%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | 0.00%−0.84% to +0.85%Not distinguishable from zero | +0.29%−0.66% to +1.2%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.32%−0.63% to −0.01%Tentative | −0.04%−0.37% to +0.30%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.16%−0.01% to +0.32%Not distinguishable from zero | −0.02%−0.17% to +0.13%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.