Compare two stocks
PKG and JNJ clearly differ on 1 of 19 forces. The widest gap is small vs large companies: in weeks when small companies beat large ones by 1 percentage point, PKG typically moved +0.87% and JNJ +0.36%.
| Economic force | PKGPackaging Corporation of America | JNJJohnson & Johnson |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −0.94%−2.0% to +0.16%Not distinguishable from zero | −1.3%−2.0% to −0.66%Clear |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +1.8%−1.1% to +4.7%Not distinguishable from zero | +2.4%+0.13% to +4.6%Tentative |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.57%−1.7% to +0.60%Not distinguishable from zero | −0.84%−1.8% to +0.11%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −0.48%−1.3% to +0.32%Not distinguishable from zero | −0.53%−1.2% to +0.14%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −0.16%−2.4% to +2.1%Not distinguishable from zero | +0.19%−1.6% to +2.0%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −0.49%−2.8% to +1.9%Not distinguishable from zero | −0.73%−2.2% to +0.79%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.29%−1.1% to +0.56%Not distinguishable from zero | −0.92%−1.9% to +0.09%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.95%−0.01% to +1.9%Not distinguishable from zero | +0.14%−0.64% to +0.93%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.67%−0.15% to +1.5%Not distinguishable from zero | +0.46%−0.34% to +1.3%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.45%−0.21% to +1.1%Not distinguishable from zero | +0.30%−0.26% to +0.86%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | +0.01%−0.01% to +0.04%Not distinguishable from zero | 0.00%−0.01% to +0.01%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | +0.06%−0.61% to +0.74%Not distinguishable from zero | −0.46%−1.1% to +0.22%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage pointClear difference | +0.87%+0.68% to +1.1%Clear | +0.36%+0.17% to +0.56%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.90%+0.71% to +1.1%Clear | +0.77%+0.57% to +1.0%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.07%−0.39% to +0.25%Not distinguishable from zero | −0.49%−0.77% to −0.20%Tentative |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −1.1%−3.0% to +0.67%Not distinguishable from zero | −1.2%−2.7% to +0.27%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.02%−0.78% to +0.82%Not distinguishable from zero | −0.10%−0.73% to +0.53%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.04%−0.28% to +0.21%Not distinguishable from zero | −0.17%−0.53% to +0.19%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | −0.03%−0.19% to +0.12%Not distinguishable from zero | +0.13%−0.05% to +0.31%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.