Compare two stocks
NEE and EFX clearly differ on 3 of 19 forces. The widest gap is market volatility: in weeks when market volatility (the VIX) rose 5 points, NEE typically moved −1.4% and EFX +0.76%.
| Economic force | NEENextEra Energy | EFXEquifax |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −2.1%−3.3% to −1.0%Clear | −3.2%−4.6% to −1.9%Clear |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | −1.2%−4.4% to +2.0%Not distinguishable from zero | +1.3%−1.3% to +3.8%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −1.6%−3.5% to +0.27%Not distinguishable from zero | −1.3%−2.9% to +0.25%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +1.2%+0.46% to +2.0%Clear | +0.26%−0.66% to +1.2%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −1.4%−4.1% to +1.3%Not distinguishable from zero | −2.1%−5.1% to +0.89%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −0.76%−2.5% to +0.95%Not distinguishable from zero | −3.8%−6.2% to −1.5%Tentative |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 pointsClear difference | −1.4%−2.2% to −0.51%Tentative | +0.76%−0.42% to +1.9%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.72%−0.75% to +2.2%Not distinguishable from zero | −1.5%−2.9% to −0.05%Tentative |
| GoldIn weeks when the price of gold rose 5% | +0.14%−0.81% to +1.1%Not distinguishable from zero | +0.47%−0.51% to +1.5%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.02%−0.82% to +0.87%Not distinguishable from zero | −0.61%−1.3% to +0.12%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%Clear difference | 0.00%−0.02% to +0.01%Not distinguishable from zero | −0.04%−0.06% to −0.02%Clear |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.14%−0.68% to +0.40%Not distinguishable from zero | −0.04%−1.0% to +0.93%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.31%+0.06% to +0.57%Tentative | +0.32%+0.02% to +0.63%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.66%+0.45% to +0.87%Clear | +0.45%+0.10% to +0.80%Tentative |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.34%−0.68% to +0.01%Not distinguishable from zero | −1.0%−1.4% to −0.54%Clear |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −2.1%−4.3% to +0.08%Not distinguishable from zero | +3.0%−0.13% to +6.1%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.05%−0.72% to +0.63%Not distinguishable from zero | −0.39%−1.6% to +0.77%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage pointClear difference | +0.22%−0.04% to +0.48%Not distinguishable from zero | −0.74%−1.1% to −0.33%Clear |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.17%+0.03% to +0.31%Tentative | +0.18%−0.09% to +0.45%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.