Compare two stocks
NTAP and NRG clearly differ on 1 of 19 forces. The widest gap is market volatility: in weeks when market volatility (the VIX) rose 5 points, NTAP typically moved −0.01% and NRG −2.8%.
| Economic force | NTAPNetApp | NRGNRG Energy |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | +0.76%−0.85% to +2.4%Not distinguishable from zero | −0.16%−1.9% to +1.6%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | −1.8%−5.0% to +1.4%Not distinguishable from zero | −1.4%−5.7% to +2.9%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | +0.21%−1.4% to +1.9%Not distinguishable from zero | −0.41%−3.6% to +2.8%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +0.93%−0.30% to +2.1%Not distinguishable from zero | +0.22%−1.4% to +1.8%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +1.2%−3.6% to +5.9%Not distinguishable from zero | +1.8%−1.6% to +5.1%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −1.9%−4.8% to +1.0%Not distinguishable from zero | +2.7%−0.48% to +5.8%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 pointsClear difference | −0.01%−0.82% to +0.79%Not distinguishable from zero | −2.8%−4.5% to −1.0%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +2.3%+0.46% to +4.2%Tentative | −1.0%−3.3% to +1.3%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.23%−1.3% to +0.85%Not distinguishable from zero | −0.66%−2.5% to +1.2%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.47%−1.1% to +0.13%Not distinguishable from zero | −0.77%−2.0% to +0.42%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.06%−0.08% to −0.03%Clear | −0.04%−0.07% to 0.00%Tentative |
| BitcoinIn weeks when the price of bitcoin rose 10% | +0.38%−1.0% to +1.8%Not distinguishable from zero | −0.54%−1.7% to +0.58%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.48%+0.20% to +0.76%Tentative | +0.34%−0.12% to +0.80%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | −0.29%−0.62% to +0.04%Not distinguishable from zero | +0.24%−0.12% to +0.61%Not distinguishable from zero |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | +0.50%+0.02% to +1.0%Tentative | +1.3%+0.64% to +2.0%Clear |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −2.7%−6.2% to +0.77%Not distinguishable from zero | −9.3%−12.6% to −6.0%Clear |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +1.1%+0.07% to +2.2%Tentative | −0.95%−2.3% to +0.45%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | +0.21%−0.14% to +0.56%Not distinguishable from zero | +0.48%−0.05% to +1.0%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | −0.30%−0.59% to −0.02%Tentative | −0.04%−0.37% to +0.29%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.