Compare two stocks
ON and KLAC clearly differ on 1 of 19 forces. The widest gap is momentum: in weeks when recent winners beat the stock market by 1 percentage point, ON typically moved +0.63% and KLAC +2.0%.
| Economic force | ONON Semiconductor | KLACKLA Corporation |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | +1.9%−1.3% to +5.2%Not distinguishable from zero | +1.6%−0.05% to +3.2%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | −5.5%−11.6% to +0.60%Not distinguishable from zero | −4.0%−8.1% to +0.22%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.30%−2.9% to +2.3%Not distinguishable from zero | −1.2%−3.7% to +1.3%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +1.6%−0.40% to +3.6%Not distinguishable from zero | +0.71%−0.72% to +2.1%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +0.53%−5.3% to +6.4%Not distinguishable from zero | −0.22%−4.6% to +4.2%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −2.3%−6.5% to +1.9%Not distinguishable from zero | +2.4%−0.20% to +5.0%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | +0.04%−2.2% to +2.2%Not distinguishable from zero | −1.1%−3.6% to +1.4%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.67%−1.1% to +2.4%Not distinguishable from zero | +0.12%−1.8% to +2.0%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.06%−2.2% to +2.1%Not distinguishable from zero | −0.33%−2.2% to +1.5%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.24%−1.3% to +0.81%Not distinguishable from zero | +0.44%−0.60% to +1.5%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | +0.01%−0.04% to +0.06%Not distinguishable from zero | −0.02%−0.06% to +0.01%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.14%−1.3% to +1.0%Not distinguishable from zero | −0.17%−1.3% to +0.95%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.75%+0.18% to +1.3%Tentative | +0.62%−0.05% to +1.3%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | −0.07%−0.63% to +0.49%Not distinguishable from zero | −0.09%−0.70% to +0.52%Not distinguishable from zero |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage pointClear difference | +0.63%+0.15% to +1.1%Tentative | +2.0%+1.4% to +2.6%Clear |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −1.3%−4.6% to +1.9%Not distinguishable from zero | −2.0%−5.4% to +1.5%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +1.5%−0.25% to +3.2%Not distinguishable from zero | −1.5%−3.1% to +0.19%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | +1.4%+1.0% to +1.9%Clear | +1.4%+0.94% to +1.8%Clear |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | −0.21%−0.51% to +0.09%Not distinguishable from zero | −0.38%−0.69% to −0.07%Tentative |
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.