Compare two stocks
On none of the 19 forces measured do LUV and CCL differ by more than the noise in the readings: their 90% ranges overlap every time.
| Economic force | LUVSouthwest Airlines | CCLCarnival Corporation |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −0.21%−1.9% to +1.5%Not distinguishable from zero | −2.1%−3.8% to −0.49%Tentative |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +3.0%−0.73% to +6.7%Not distinguishable from zero | +5.6%+0.10% to +11.0%Tentative |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | +2.0%+0.08% to +3.9%Tentative | +3.0%+0.81% to +5.1%Tentative |
| Oil and energyIn weeks when the price of oil rose 10% | −3.2%−4.4% to −2.0%Clear | −2.8%−4.6% to −1.0%Tentative |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −2.0%−5.8% to +1.8%Not distinguishable from zero | −3.1%−7.4% to +1.1%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −1.6%−4.4% to +1.2%Not distinguishable from zero | −2.8%−5.9% to +0.43%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −2.3%−4.3% to −0.26%Tentative | −2.0%−3.3% to −0.67%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.68%−0.93% to +2.3%Not distinguishable from zero | +1.1%−1.2% to +3.3%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.30%−1.6% to +1.0%Not distinguishable from zero | −1.7%−2.8% to −0.56%Tentative |
| CopperIn weeks when the price of copper rose 5% | +0.93%−0.36% to +2.2%Not distinguishable from zero | −0.58%−1.5% to +0.30%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.05%−0.10% to −0.01%Tentative | −0.03%−0.09% to +0.03%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −1.0%−2.4% to +0.42%Not distinguishable from zero | −0.56%−1.9% to +0.81%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +1.1%+0.63% to +1.5%Clear | +1.0%+0.55% to +1.4%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +1.1%+0.61% to +1.5%Clear | +0.64%+0.24% to +1.0%Tentative |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | +0.23%−0.24% to +0.71%Not distinguishable from zero | +0.35%−0.12% to +0.82%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −3.2%−6.3% to −0.09%Tentative | +0.29%−3.2% to +3.8%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.54%−1.7% to +0.62%Not distinguishable from zero | −0.88%−2.3% to +0.51%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | +0.30%−0.08% to +0.68%Not distinguishable from zero | −0.08%−0.55% to +0.40%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | −0.08%−0.32% to +0.16%Not distinguishable from zero | −0.40%−0.62% to −0.17%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.