Compare two stocks
MSCI and BRK-B clearly differ on 1 of 19 forces. The widest gap is value vs growth: in weeks when value stocks beat growth stocks by 1 percentage point, MSCI typically moved +0.18% and BRK-B +0.75%.
| Economic force | MSCI | BRK-BBerkshire Hathaway |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −0.49%−1.5% to +0.50%Not distinguishable from zero | +0.09%−0.92% to +1.1%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | −0.19%−2.8% to +2.4%Not distinguishable from zero | 0.00%−1.9% to +1.9%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | +0.36%−0.90% to +1.6%Not distinguishable from zero | +0.70%−0.29% to +1.7%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +0.04%−0.69% to +0.78%Not distinguishable from zero | −0.10%−0.53% to +0.33%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +1.4%−0.80% to +3.5%Not distinguishable from zero | +0.51%−1.2% to +2.2%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −1.2%−3.3% to +0.82%Not distinguishable from zero | +0.29%−0.70% to +1.3%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | +0.14%−0.87% to +1.1%Not distinguishable from zero | −0.63%−1.3% to −0.01%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −1.0%−1.9% to −0.05%Tentative | +0.20%−0.54% to +0.94%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.58%−1.4% to +0.29%Not distinguishable from zero | −0.21%−0.71% to +0.28%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.45%−0.94% to +0.04%Not distinguishable from zero | +0.13%−0.22% to +0.49%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.01%−0.02% to +0.01%Not distinguishable from zero | −0.03%−0.04% to −0.01%Clear |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.06%−0.65% to +0.53%Not distinguishable from zero | −0.70%−1.2% to −0.17%Tentative |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | −0.09%−0.45% to +0.26%Not distinguishable from zero | +0.21%+0.06% to +0.36%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | +0.18%−0.11% to +0.48%Not distinguishable from zero | +0.75%+0.62% to +0.89%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.44%−0.82% to −0.05%Tentative | −0.23%−0.39% to −0.07%Tentative |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | +0.63%−1.3% to +2.6%Not distinguishable from zero | +0.73%−0.47% to +1.9%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.15%−0.69% to +1.0%Not distinguishable from zero | −0.02%−0.58% to +0.55%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.35%−0.69% to −0.02%Tentative | −0.22%−0.37% to −0.06%Tentative |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.10%−0.08% to +0.29%Not distinguishable from zero | +0.21%+0.10% to +0.31%Clear |
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.