Compare two stocks
NKE and WAT 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, NKE typically moved −0.07% and WAT +0.59%.
| Economic force | NKENike, Inc. | WATWaters Corporation |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.6%−3.4% to +0.31%Not distinguishable from zero | −1.2%−2.5% to +0.08%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +1.4%−2.7% to +5.5%Not distinguishable from zero | +0.05%−4.2% to +4.3%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −1.5%−3.2% to +0.20%Not distinguishable from zero | −1.2%−3.2% to +0.75%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −1.9%−2.8% to −1.0%Clear | −1.5%−2.4% to −0.51%Tentative |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −5.4%−8.9% to −2.0%Clear | −2.8%−6.3% to +0.63%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −3.3%−5.9% to −0.66%Tentative | −2.7%−4.9% to −0.45%Tentative |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | +0.40%−1.0% to +1.8%Not distinguishable from zero | +0.32%−0.82% to +1.5%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.54%−0.88% to +1.9%Not distinguishable from zero | +1.1%−0.58% to +2.8%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.68%−1.9% to +0.52%Not distinguishable from zero | +0.42%−0.67% to +1.5%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.07%−0.82% to +0.69%Not distinguishable from zero | +0.83%+0.06% to +1.6%Tentative |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | +0.02%0.00% to +0.03%Not distinguishable from zero | +0.01%−0.01% to +0.04%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | +0.28%−0.50% to +1.1%Not distinguishable from zero | +0.04%−0.70% to +0.78%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage pointClear difference | −0.07%−0.46% to +0.32%Not distinguishable from zero | +0.59%+0.32% to +0.86%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.36%+0.12% to +0.60%Tentative | +0.55%+0.22% to +0.88%Tentative |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.77%−1.2% to −0.32%Tentative | −0.22%−0.68% to +0.24%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | +1.3%−1.6% to +4.2%Not distinguishable from zero | +1.6%−1.1% to +4.2%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.25%−1.0% to +1.5%Not distinguishable from zero | +0.16%−1.2% to +1.5%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | +0.25%−0.06% to +0.56%Not distinguishable from zero | +0.11%−0.32% to +0.55%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.21%0.00% to +0.42%Tentative | +0.06%−0.18% to +0.30%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.