Compare two stocks
On none of the 19 forces measured do RDDT and APP differ by more than the noise in the readings: their 90% ranges overlap every time.
| Economic force | RDDTReddit | APPAppLovin |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −2.3%−5.8% to +1.1%Not distinguishable from zero | −0.41%−3.3% to +2.5%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +0.09%−10.7% to +10.9%Not distinguishable from zero | +6.5%−1.1% to +14.1%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | +5.3%+1.7% to +8.9%Tentative | +2.9%−3.0% to +8.8%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −0.40%−2.3% to +1.5%Not distinguishable from zero | −0.71%−3.1% to +1.7%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −8.6%−16.9% to −0.30%Tentative | −4.6%−10.8% to +1.6%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −3.4%−9.6% to +2.9%Not distinguishable from zero | +3.2%−2.0% to +8.4%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | +0.73%−1.2% to +2.7%Not distinguishable from zero | −0.12%−3.3% to +3.1%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −1.2%−6.5% to +4.1%Not distinguishable from zero | −0.77%−4.7% to +3.1%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.29%−2.0% to +2.6%Not distinguishable from zero | −0.27%−2.2% to +1.7%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −2.7%−5.8% to +0.43%Not distinguishable from zero | −1.8%−3.3% to −0.32%Tentative |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.02%−0.06% to +0.03%Not distinguishable from zero | −0.02%−0.08% to +0.05%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | +0.51%−2.3% to +3.4%Not distinguishable from zero | +3.0%+0.77% to +5.2%Tentative |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | −0.05%−0.87% to +0.78%Not distinguishable from zero | +0.14%−1.1% to +1.3%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | −1.2%−2.0% to −0.41%Tentative | −1.4%−2.3% to −0.64%Tentative |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | +0.53%−0.49% to +1.6%Not distinguishable from zero | +0.57%−0.39% to +1.5%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | +5.6%−0.62% to +11.7%Not distinguishable from zero | −3.8%−9.2% to +1.6%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.16%−2.4% to +2.1%Not distinguishable from zero | +1.1%−1.9% to +4.2%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.37%−1.0% to +0.24%Not distinguishable from zero | −0.88%−1.8% to +0.01%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.01%−0.47% to +0.48%Not distinguishable from zero | +0.44%+0.08% to +0.79%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.