Compare two stocks
MTD and GLW clearly differ on 3 of 19 forces. The widest gap is euro: in weeks when the euro rose 2% against the U.S. dollar, MTD typically moved +1.5% and GLW −6.0%.
| Economic force | MTDMettler Toledo | GLWCorning Inc. |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −0.94%−2.2% to +0.27%Not distinguishable from zero | −0.49%−2.0% to +1.0%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +1.1%−1.5% to +3.7%Not distinguishable from zero | −0.20%−4.6% to +4.2%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | +0.21%−1.8% to +2.3%Not distinguishable from zero | −0.23%−2.8% to +2.4%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −1.9%−2.8% to −1.0%Clear | −1.7%−3.5% to +0.10%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −0.90%−3.2% to +1.4%Not distinguishable from zero | −0.29%−4.7% to +4.1%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −1.1%−2.9% to +0.78%Not distinguishable from zero | +0.81%−2.1% to +3.7%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.77%−2.0% to +0.50%Not distinguishable from zero | −1.2%−3.1% to +0.76%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −0.22%−1.8% to +1.3%Not distinguishable from zero | +0.42%−1.1% to +1.9%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.38%−1.4% to +0.60%Not distinguishable from zero | +0.57%−1.0% to +2.2%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.67%+0.03% to +1.3%Tentative | −0.68%−2.3% to +0.95%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.01%−0.05% to +0.03%Not distinguishable from zero | −0.04%−0.08% to −0.01%Tentative |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.34%−1.3% to +0.66%Not distinguishable from zero | −1.0%−2.3% to +0.24%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.52%+0.28% to +0.75%Clear | +0.82%+0.36% to +1.3%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.67%+0.36% to +1.0%Clear | +0.42%−0.22% to +1.1%Not distinguishable from zero |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage pointClear difference | −0.42%−0.73% to −0.11%Tentative | +1.3%+0.63% to +1.9%Clear |
| EuroIn weeks when the euro rose 2% against the U.S. dollarClear difference | +1.5%−0.39% to +3.5%Not distinguishable from zero | −6.0%−9.4% to −2.5%Tentative |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.11%−1.2% to +1.4%Not distinguishable from zero | −0.55%−2.1% to +1.0%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.02%−0.46% to +0.42%Not distinguishable from zero | +0.87%+0.29% to +1.5%Tentative |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage pointClear difference | +0.29%+0.13% to +0.44%Clear | −0.55%−0.93% to −0.17%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.