Compare two stocks
OTIS and DGX clearly differ on 1 of 19 forces. The widest gap is natural gas: in weeks when the U.S. natural gas price (Henry Hub) rose 10%, OTIS typically moved 0.00% and DGX −0.07%.
| Economic force | OTISOtis Worldwide | DGXQuest Diagnostics |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −0.75%−1.5% to +0.03%Not distinguishable from zero | −0.68%−1.6% to +0.21%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +0.01%−1.7% to +1.7%Not distinguishable from zero | −0.14%−2.2% to +1.9%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −1.3%−2.2% to −0.33%Tentative | −1.0%−2.0% to +0.14%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −0.52%−1.0% to −0.09%Tentative | −0.21%−0.89% to +0.47%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −1.1%−2.7% to +0.60%Not distinguishable from zero | −0.91%−3.2% to +1.4%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +1.4%+0.03% to +2.8%Tentative | −0.11%−1.8% to +1.6%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.20%−1.1% to +0.66%Not distinguishable from zero | −0.62%−1.4% to +0.20%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −0.87%−1.6% to −0.19%Tentative | +0.06%−0.64% to +0.76%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.85%+0.28% to +1.4%Tentative | +0.25%−0.57% to +1.1%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.40%+0.01% to +0.79%Tentative | −0.42%−0.90% to +0.05%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%Clear difference | 0.00%−0.02% to +0.03%Not distinguishable from zero | −0.07%−0.09% to −0.05%Clear |
| BitcoinIn weeks when the price of bitcoin rose 10% | 0.00%−0.46% to +0.47%Not distinguishable from zero | −0.18%−0.80% to +0.44%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.21%−0.04% to +0.45%Not distinguishable from zero | +0.23%+0.04% to +0.42%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.45%+0.27% to +0.64%Clear | +0.50%+0.31% to +0.69%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.26%−0.46% to −0.05%Tentative | −0.35%−0.59% to −0.10%Tentative |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −0.94%−3.0% to +1.1%Not distinguishable from zero | −0.88%−2.5% to +0.79%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.37%−0.93% to +0.18%Not distinguishable from zero | −0.33%−1.0% to +0.33%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | +0.19%−0.11% to +0.48%Not distinguishable from zero | −0.12%−0.43% to +0.19%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.11%−0.08% to +0.30%Not distinguishable from zero | +0.16%+0.01% to +0.31%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.