Compare two stocks
MGM and NWSA clearly differ on 3 of 19 forces. The widest gap is japanese yen: in weeks when the yen rose 2% against the U.S. dollar, MGM typically moved −2.3% and NWSA +0.73%.
| Economic force | MGMMGM Resorts | NWSANews Corp (Class A) |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −0.35%−2.1% to +1.4%Not distinguishable from zero | −0.67%−1.7% to +0.37%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +1.8%−2.5% to +6.1%Not distinguishable from zero | +2.8%+0.16% to +5.3%Tentative |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −1.1%−3.2% to +0.92%Not distinguishable from zero | −1.7%−2.7% to −0.58%Tentative |
| Oil and energyIn weeks when the price of oil rose 10% | +0.18%−0.83% to +1.2%Not distinguishable from zero | +0.41%−0.19% to +1.0%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −2.2%−6.5% to +2.0%Not distinguishable from zero | −1.5%−3.6% to +0.51%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +0.49%−2.1% to +3.0%Not distinguishable from zero | −0.92%−2.3% to +0.45%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −1.4%−2.6% to −0.28%Tentative | +0.33%−0.44% to +1.1%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −1.6%−3.2% to −0.08%Tentative | +0.11%−0.89% to +1.1%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.56%−1.6% to +0.52%Not distinguishable from zero | −0.65%−1.3% to +0.02%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.23%−1.1% to +0.62%Not distinguishable from zero | −0.64%−1.1% to −0.16%Tentative |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.04%−0.08% to 0.00%Not distinguishable from zero | +0.01%−0.02% to +0.04%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.80%−1.9% to +0.27%Not distinguishable from zero | +0.31%−0.64% to +1.3%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage pointClear difference | +0.85%+0.48% to +1.2%Clear | +0.20%−0.08% to +0.48%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | +0.87%+0.50% to +1.2%Clear | +0.12%−0.22% to +0.45%Not distinguishable from zero |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | +0.13%−0.31% to +0.56%Not distinguishable from zero | −0.28%−0.59% to +0.04%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −1.4%−3.9% to +1.1%Not distinguishable from zero | +1.7%+0.18% to +3.2%Tentative |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollarClear difference | −2.3%−3.6% to −1.0%Tentative | +0.73%−0.11% to +1.6%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.02%−0.42% to +0.37%Not distinguishable from zero | −0.34%−0.61% to −0.06%Tentative |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.16%−0.04% to +0.35%Not distinguishable from zero | +0.14%+0.01% to +0.28%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.