Compare two stocks
MKC and ALLE 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, MKC typically moved −0.63% and ALLE +0.01%.
| Economic force | MKCMcCormick & Company | ALLEAllegion |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.3%−2.3% to −0.28%Tentative | −1.4%−2.4% to −0.44%Tentative |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +1.0%−1.5% to +3.6%Not distinguishable from zero | +2.1%−0.69% to +5.0%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −1.1%−2.6% to +0.42%Not distinguishable from zero | −0.50%−1.5% to +0.55%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −1.9%−2.7% to −1.2%Clear | −1.2%−1.9% to −0.43%Tentative |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +0.90%−1.2% to +3.0%Not distinguishable from zero | +0.33%−1.5% to +2.1%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −2.1%−4.1% to −0.07%Tentative | −0.40%−1.9% to +1.1%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.53%−2.0% to +0.90%Not distinguishable from zero | −0.17%−0.85% to +0.51%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −0.49%−1.7% to +0.73%Not distinguishable from zero | −0.51%−1.6% to +0.59%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.48%−0.77% to +1.7%Not distinguishable from zero | +0.05%−0.58% to +0.68%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.37%−0.29% to +1.0%Not distinguishable from zero | −0.27%−0.69% to +0.15%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%Clear difference | −0.10%−0.12% to −0.08%Clear | −0.01%−0.05% to +0.04%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.28%−1.0% to +0.46%Not distinguishable from zero | +0.09%−0.48% to +0.67%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.52%+0.31% to +0.73%Clear | +0.83%+0.56% to +1.1%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.91%+0.63% to +1.2%Clear | +0.71%+0.45% to +1.0%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage pointClear difference | −0.63%−0.89% to −0.37%Clear | +0.01%−0.16% to +0.19%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −1.1%−3.0% to +0.81%Not distinguishable from zero | −0.52%−3.0% to +1.9%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.33%−1.2% to +0.53%Not distinguishable from zero | −0.21%−1.1% to +0.66%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.14%−0.50% to +0.22%Not distinguishable from zero | 0.00%−0.19% to +0.19%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.17%0.00% to +0.35%Not distinguishable from zero | +0.08%−0.02% to +0.18%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.