Compare two stocks
LUV and MAR clearly differ on 2 of 19 forces. The widest gap is oil and energy: in weeks when the price of oil rose 10%, LUV typically moved −3.2% and MAR −1.1%.
| Economic force | LUVSouthwest Airlines | MARMarriott International |
|---|---|---|
| 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 | −0.48%−1.2% to +0.23%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +3.0%−0.73% to +6.7%Not distinguishable from zero | +2.3%−0.23% to +4.8%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | +2.0%+0.08% to +3.9%Tentative | +1.4%+0.19% to +2.6%Tentative |
| Oil and energyIn weeks when the price of oil rose 10%Clear difference | −3.2%−4.4% to −2.0%Clear | −1.1%−1.8% to −0.47%Clear |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −2.0%−5.8% to +1.8%Not distinguishable from zero | −1.9%−3.8% to −0.10%Tentative |
| 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 | +0.48%−1.1% to +2.1%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −2.3%−4.3% to −0.26%Tentative | −0.13%−1.0% to +0.72%Not distinguishable from zero |
| 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 | −0.17%−1.0% to +0.67%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.30%−1.6% to +1.0%Not distinguishable from zero | −0.66%−1.3% to 0.00%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.93%−0.36% to +2.2%Not distinguishable from zero | +0.12%−0.63% to +0.88%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 | −0.02%−0.04% to 0.00%Tentative |
| BitcoinIn weeks when the price of bitcoin rose 10% | −1.0%−2.4% to +0.42%Not distinguishable from zero | −0.51%−1.0% to 0.00%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage pointClear difference | +1.1%+0.63% to +1.5%Clear | +0.33%+0.17% to +0.50%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +1.1%+0.61% to +1.5%Clear | +0.44%+0.18% to +0.70%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 | +0.28%+0.05% to +0.51%Tentative |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −3.2%−6.3% to −0.09%Tentative | −0.62%−2.4% to +1.2%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 | −0.35%−1.1% to +0.44%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 | −0.01%−0.25% to +0.23%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 | +0.05%−0.10% to +0.19%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.