Compare two stocks
NWS and MGM clearly differ on 2 of 19 forces. The widest gap is japanese yen: in weeks when the yen rose 2% against the U.S. dollar, NWS typically moved +1.0% and MGM −2.3%.
| Economic force | NWSNews Corp (Class B) | MGMMGM Resorts |
|---|---|---|
| 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%−2.1% to +1.4%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 | +1.8%−2.5% to +6.1%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 | −1.1%−3.2% to +0.92%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 | +0.18%−0.83% to +1.2%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 | −2.2%−6.5% to +2.0%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 | +0.49%−2.1% to +3.0%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 | −1.4%−2.6% to −0.28%Tentative |
| 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 | −1.6%−3.2% to −0.08%Tentative |
| GoldIn weeks when the price of gold rose 5% | −0.75%−1.5% to −0.03%Tentative | −0.56%−1.6% to +0.52%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.69%−1.3% to −0.12%Tentative | −0.23%−1.1% to +0.62%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 zero | −0.04%−0.08% to 0.00%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | +0.47%−0.55% to +1.5%Not distinguishable from zero | −0.80%−1.9% to +0.27%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 | +0.85%+0.48% to +1.2%Clear |
| 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 | +0.87%+0.50% 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 | +0.13%−0.31% to +0.56%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | +1.8%+0.08% to +3.5%Tentative | −1.4%−3.9% to +1.1%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollarClear difference | +1.0%+0.10% to +2.0%Tentative | −2.3%−3.6% to −1.0%Tentative |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.45%−0.75% to −0.15%Tentative | −0.02%−0.42% to +0.37%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 | +0.16%−0.04% to +0.35%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.