Compare two stocks
On none of the 19 forces measured do PFE and HSY differ by more than the noise in the readings: their 90% ranges overlap every time.
| Economic force | PFEPfizer | HSYHershey Company (The) |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −0.07%−2.2% to +2.1%Not distinguishable from zero | −0.81%−2.0% to +0.42%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +1.1%−2.7% to +5.0%Not distinguishable from zero | +0.43%−2.2% to +3.0%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −2.1%−3.8% to −0.39%Tentative | −1.7%−3.1% to −0.32%Tentative |
| Oil and energyIn weeks when the price of oil rose 10% | −0.17%−1.0% to +0.66%Not distinguishable from zero | −0.42%−1.0% to +0.18%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +0.44%−2.7% to +3.5%Not distinguishable from zero | +0.16%−2.7% to +3.1%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +0.44%−1.2% to +2.1%Not distinguishable from zero | −0.35%−2.2% to +1.5%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.15%−1.3% to +1.0%Not distinguishable from zero | +0.14%−1.1% to +1.4%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.79%−0.45% to +2.0%Not distinguishable from zero | −1.1%−2.1% to −0.06%Tentative |
| GoldIn weeks when the price of gold rose 5% | −0.11%−1.0% to +0.76%Not distinguishable from zero | +1.3%+0.56% to +2.0%Tentative |
| CopperIn weeks when the price of copper rose 5% | +0.58%−0.11% to +1.3%Not distinguishable from zero | −0.05%−0.67% to +0.58%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | 0.00%−0.03% to +0.02%Not distinguishable from zero | −0.04%−0.07% to −0.01%Tentative |
| BitcoinIn weeks when the price of bitcoin rose 10% | +0.18%−0.83% to +1.2%Not distinguishable from zero | −1.1%−2.1% to −0.15%Tentative |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.39%+0.16% to +0.63%Tentative | +0.16%−0.15% to +0.47%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.50%+0.29% to +0.72%Clear | +0.56%+0.19% to +0.94%Tentative |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.80%−1.2% to −0.43%Clear | −0.41%−0.73% to −0.10%Tentative |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | +0.03%−2.2% to +2.2%Not distinguishable from zero | +0.64%−1.5% to +2.8%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.74%−0.35% to +1.8%Not distinguishable from zero | −0.43%−1.7% to +0.85%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | +0.09%−0.21% to +0.39%Not distinguishable from zero | +0.04%−0.29% to +0.36%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.12%−0.05% to +0.28%Not distinguishable from zero | 0.00%−0.16% to +0.15%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.