Compare two stocks
On none of the 19 forces measured do PPL and AEP differ by more than the noise in the readings: their 90% ranges overlap every time.
| Economic force | PPLPPL Corporation | AEPAmerican Electric Power |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.8%−2.6% to −1.0%Clear | −1.9%−2.8% to −1.0%Clear |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +0.37%−1.7% to +2.4%Not distinguishable from zero | +0.16%−1.9% to +2.2%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.26%−1.4% to +0.86%Not distinguishable from zero | −0.03%−1.0% to +0.95%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +0.20%−0.33% to +0.72%Not distinguishable from zero | +0.12%−0.42% to +0.66%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +0.63%−1.2% to +2.4%Not distinguishable from zero | +1.4%−0.28% to +3.0%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +0.41%−0.91% to +1.7%Not distinguishable from zero | +0.80%−0.76% to +2.4%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −1.3%−1.9% to −0.74%Clear | −0.88%−1.6% to −0.13%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.54%−0.14% to +1.2%Not distinguishable from zero | +0.88%+0.08% to +1.7%Tentative |
| GoldIn weeks when the price of gold rose 5% | +0.52%−0.14% to +1.2%Not distinguishable from zero | +0.17%−0.67% to +1.0%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.50%+0.07% to +0.93%Tentative | +0.26%−0.27% to +0.79%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.03%−0.04% to −0.01%Tentative | −0.04%−0.06% to −0.03%Clear |
| BitcoinIn weeks when the price of bitcoin rose 10% | +0.10%−0.47% to +0.67%Not distinguishable from zero | +0.01%−0.50% to +0.51%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.39%+0.24% to +0.54%Clear | +0.32%+0.14% to +0.50%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.61%+0.47% to +0.75%Clear | +0.63%+0.45% to +0.81%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.03%−0.26% to +0.19%Not distinguishable from zero | −0.11%−0.43% to +0.22%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −2.4%−3.8% to −1.0%Tentative | −2.6%−3.9% to −1.3%Clear |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | 0.00%−0.55% to +0.55%Not distinguishable from zero | +0.23%−0.34% to +0.80%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.01%−0.22% to +0.19%Not distinguishable from zero | +0.02%−0.26% to +0.29%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.09%−0.01% to +0.19%Not distinguishable from zero | +0.05%−0.08% to +0.18%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.