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NWS vs DE · data through Oct 2, 2026

NWS and DE clearly differ on 1 of 19 forces. The widest gap is value vs growth: in weeks when value stocks beat growth stocks by 1 percentage point, NWS typically moved +0.08% and DE +0.89%.

NWSDEBars: 90% ranges. Hollow: could not be told apart from zero.Same figures in the table below.
Economic forceNWSNews Corp (Class B)DEDeere & Company
Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points−0.39%−1.7% to +1.0%Not distinguishable from zero−0.35%−1.5% to +0.82%Not distinguishable from zero
Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points+2.5%−0.55% to +5.6%Not distinguishable from zero+1.3%−1.9% to +4.5%Not distinguishable from zero
U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2%−1.9%−3.1% to −0.64%Tentative−1.4%−3.0% to +0.07%Not distinguishable from zero
Oil and energyIn weeks when the price of oil rose 10%+0.36%−0.33% to +1.1%Not distinguishable from zero+0.11%−0.76% to +1.0%Not distinguishable from zero
Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points−1.4%−3.5% to +0.75%Not distinguishable from zero−0.87%−3.7% to +1.9%Not distinguishable from zero
Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points−0.63%−2.3% to +1.0%Not distinguishable from zero+0.67%−1.0% to +2.4%Not distinguishable from zero
Market volatilityIn weeks when market volatility (the VIX) rose 5 points+0.44%−0.35% to +1.2%Not distinguishable from zero−0.16%−1.1% to +0.77%Not distinguishable from zero
Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points+0.04%−1.0% to +1.1%Not distinguishable from zero−0.06%−1.3% to +1.2%Not distinguishable from zero
GoldIn weeks when the price of gold rose 5%−0.75%−1.5% to −0.03%Tentative+0.71%−0.18% to +1.6%Not distinguishable from zero
CopperIn weeks when the price of copper rose 5%−0.69%−1.3% to −0.12%Tentative−0.44%−1.0% to +0.16%Not distinguishable from zero
Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%+0.01%−0.02% to +0.04%Not distinguishable from zero0.00%−0.04% to +0.04%Not distinguishable from zero
BitcoinIn weeks when the price of bitcoin rose 10%+0.47%−0.55% to +1.5%Not distinguishable from zero−0.37%−1.5% to +0.75%Not distinguishable from zero
Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point+0.22%−0.08% to +0.51%Not distinguishable from zero+0.53%+0.23% to +0.82%Tentative
Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference+0.08%−0.27% to +0.44%Not distinguishable from zero+0.89%+0.63% to +1.2%Clear
MomentumIn weeks when recent winners beat the stock market by 1 percentage point−0.27%−0.66% to +0.11%Not distinguishable from zero−0.08%−0.35% to +0.19%Not distinguishable from zero
EuroIn weeks when the euro rose 2% against the U.S. dollar+1.8%+0.08% to +3.5%Tentative−1.3%−4.2% to +1.5%Not distinguishable from zero
Japanese yenIn weeks when the yen rose 2% against the U.S. dollar+1.0%+0.10% to +2.0%Tentative+0.02%−0.88% to +0.91%Not distinguishable from zero
Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point−0.45%−0.75% to −0.15%Tentative+0.17%−0.19% to +0.53%Not distinguishable from zero
ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point+0.16%+0.02% to +0.30%Tentative+0.03%−0.13% to +0.19%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.

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