Compare two stocks
META and RTX clearly differ on 4 of 19 forces. The widest gap is market volatility: in weeks when market volatility (the VIX) rose 5 points, META typically moved +1.5% and RTX −1.5%.
| Economic force | METAMeta Platforms | RTXRTX Corporation |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | +1.0%−0.53% to +2.4%Not distinguishable from zero | +0.24%−1.4% to +1.9%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | −3.0%−7.0% to +1.0%Not distinguishable from zero | −1.3%−4.0% to +1.5%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | +0.88%−1.1% to +2.8%Not distinguishable from zero | +0.75%−0.75% to +2.2%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −0.20%−1.3% to +0.86%Not distinguishable from zero | +0.38%−0.51% to +1.3%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +0.91%−2.3% to +4.1%Not distinguishable from zero | +0.26%−2.4% to +3.0%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +0.70%−2.1% to +3.5%Not distinguishable from zero | −1.0%−2.6% to +0.63%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 pointsClear difference | +1.5%+0.41% to +2.5%Tentative | −1.5%−2.7% to −0.30%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −1.9%−3.4% to −0.49%Tentative | −0.02%−1.5% to +1.5%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.44%−0.65% to +1.5%Not distinguishable from zero | +0.72%−0.27% to +1.7%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.54%−1.4% to +0.36%Not distinguishable from zero | +0.27%−0.25% to +0.78%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%Clear difference | +0.07%+0.04% to +0.09%Clear | −0.02%−0.04% to 0.00%Tentative |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.20%−1.1% to +0.66%Not distinguishable from zero | −0.26%−1.1% to +0.56%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage pointClear difference | −1.0%−1.4% to −0.69%Clear | +0.22%−0.03% to +0.47%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | −1.0%−1.3% to −0.75%Clear | +0.74%+0.48% to +1.0%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | +0.44%−0.08% to +1.0%Not distinguishable from zero | −0.20%−0.47% to +0.07%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | +0.66%−2.1% to +3.4%Not distinguishable from zero | −1.4%−3.2% to +0.46%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.29%−1.1% to +1.7%Not distinguishable from zero | +0.27%−0.76% to +1.3%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.26%−0.58% to +0.07%Not distinguishable from zero | −0.15%−0.38% to +0.07%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | −0.05%−0.30% to +0.20%Not distinguishable from zero | +0.13%+0.01% to +0.26%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.