Compare two stocks
MNST and STE clearly differ on 1 of 19 forces. The widest gap is natural gas: in weeks when the U.S. natural gas price (Henry Hub) rose 10%, MNST typically moved +0.05% and STE −0.02%.
| Economic force | MNSTMonster Beverage | STESteris |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.1%−2.0% to −0.24%Tentative | −0.78%−1.7% to +0.16%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +2.4%−0.52% to +5.3%Not distinguishable from zero | +2.2%−0.37% to +4.7%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −1.1%−2.3% to +0.15%Not distinguishable from zero | −1.5%−3.0% to +0.02%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −1.4%−2.3% to −0.56%Clear | −1.3%−2.0% to −0.66%Clear |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +0.41%−2.6% to +3.4%Not distinguishable from zero | +0.44%−1.7% to +2.6%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −0.77%−2.6% to +1.0%Not distinguishable from zero | −2.2%−3.8% to −0.57%Tentative |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.91%−2.0% to +0.14%Not distinguishable from zero | −0.07%−0.81% to +0.66%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.45%−0.78% to +1.7%Not distinguishable from zero | −0.43%−1.6% to +0.70%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.57%−0.52% to +1.7%Not distinguishable from zero | −0.63%−1.4% to +0.14%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.02%−0.74% to +0.70%Not distinguishable from zero | −0.42%−0.88% to +0.03%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%Clear difference | +0.05%+0.03% to +0.06%Clear | −0.02%−0.05% to +0.01%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.02%−0.65% to +0.61%Not distinguishable from zero | −0.69%−1.3% to −0.06%Tentative |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.29%+0.06% to +0.52%Tentative | +0.08%−0.13% to +0.28%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.47%+0.27% to +0.67%Clear | +0.42%+0.20% to +0.64%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.03%−0.39% to +0.33%Not distinguishable from zero | −0.55%−0.77% to −0.32%Clear |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −0.02%−1.9% to +1.9%Not distinguishable from zero | +1.7%+0.17% to +3.3%Tentative |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.73%−1.5% to +0.02%Not distinguishable from zero | +0.70%−0.25% to +1.6%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | +0.07%−0.23% to +0.38%Not distinguishable from zero | −0.32%−0.59% to −0.06%Tentative |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.02%−0.13% to +0.16%Not distinguishable from zero | +0.22%+0.06% to +0.39%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.