Compare two stocks
MTB and SPG clearly differ on 2 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 SPG +0.56%.
| Economic force | MTBM&T Bank | SPGSimon Property Group |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −2.3%−3.5% to −1.1%Clear | −3.1%−4.3% to −1.9%Clear |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +6.2%+3.3% to +9.1%Clear | +6.0%+4.0% to +7.9%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 | −0.02%−1.2% to +1.2%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 | −0.73%−1.3% to −0.12%Tentative |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −2.9%−5.6% to −0.24%Tentative | −2.9%−4.7% to −1.2%Clear |
| 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 | −1.3%−2.6% to −0.08%Tentative |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −1.0%−1.9% to −0.17%Tentative | −1.1%−1.8% to −0.46%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 | −0.33%−1.3% to +0.61%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −1.2%−2.1% to −0.28%Tentative | −0.92%−1.7% to −0.10%Tentative |
| CopperIn weeks when the price of copper rose 5% | −0.35%−1.0% to +0.33%Not distinguishable from zero | −0.42%−0.95% to +0.10%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 | 0.00%−0.01% to +0.01%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.60%−1.6% to +0.43%Not distinguishable from zero | −0.19%−0.81% to +0.42%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 | +0.56%+0.32% to +0.80%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | +1.3%+1.1% to +1.5%Clear | +0.75%+0.54% to +1.0%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 | −0.11%−0.33% to +0.11%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 | −1.5%−3.0% to −0.01%Tentative |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.03%−0.87% to +0.94%Not distinguishable from zero | +0.36%−0.39% to +1.1%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 | −0.24%−0.50% to +0.01%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.03%−0.12% to +0.17%Not distinguishable from zero | +0.10%−0.02% to +0.22%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.