Compare two stocks
MTB and BAC clearly differ on 1 of 19 forces. The widest gap is small vs large companies: in weeks when small companies beat large ones by 1 percentage point, MTB typically moved +1.2% and BAC +0.67%.
| Economic force | MTBM&T Bank | BACBank of America |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −2.3%−3.5% to −1.1%Clear | −1.8%−3.0% to −0.62%Tentative |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +6.2%+3.3% to +9.1%Clear | +5.9%+2.9% to +8.9%Clear |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | +0.06%−1.5% to +1.6%Not distinguishable from zero | +0.17%−1.6% to +1.9%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −0.61%−1.4% to +0.17%Not distinguishable from zero | −0.30%−1.0% to +0.36%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −2.9%−5.6% to −0.24%Tentative | −2.6%−5.1% to +0.03%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −0.67%−2.7% to +1.4%Not distinguishable from zero | +0.05%−1.8% to +1.9%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −1.0%−1.9% to −0.17%Tentative | −1.4%−2.3% to −0.53%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.94%−0.18% to +2.1%Not distinguishable from zero | +0.54%−0.66% to +1.7%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −1.2%−2.1% to −0.28%Tentative | −1.0%−1.7% to −0.26%Tentative |
| CopperIn weeks when the price of copper rose 5% | −0.35%−1.0% to +0.33%Not distinguishable from zero | −0.04%−0.66% to +0.57%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.02%−0.08% to +0.03%Not distinguishable from zero | −0.05%−0.11% to 0.00%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.60%−1.6% to +0.43%Not distinguishable from zero | −0.89%−1.8% to +0.02%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage pointClear difference | +1.2%+1.0% to +1.4%Clear | +0.67%+0.43% to +0.90%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +1.3%+1.1% to +1.5%Clear | +1.0%+0.71% to +1.2%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.28%−0.60% to +0.05%Not distinguishable from zero | −0.14%−0.48% to +0.19%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −1.4%−3.4% to +0.63%Not distinguishable from zero | −1.8%−3.8% to +0.25%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.03%−0.87% to +0.94%Not distinguishable from zero | −0.48%−1.1% to +0.12%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.27%−0.48% to −0.05%Tentative | −0.27%−0.49% to −0.05%Tentative |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.03%−0.12% to +0.17%Not distinguishable from zero | +0.01%−0.12% to +0.15%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.