Compare two stocks
RJF and WAB clearly differ on 2 of 19 forces. The widest gap is momentum: in weeks when recent winners beat the stock market by 1 percentage point, RJF typically moved −0.14% and WAB +0.46%.
| Economic force | RJFRaymond James Financial | WABWabtec |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | +0.67%−0.53% to +1.9%Not distinguishable from zero | −0.01%−0.79% to +0.78%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +0.80%−2.1% to +3.7%Not distinguishable from zero | +1.0%−1.3% to +3.3%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | +0.61%−1.0% to +2.2%Not distinguishable from zero | −0.20%−1.3% to +0.89%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +0.34%−0.27% to +0.94%Not distinguishable from zero | +0.14%−0.89% to +1.2%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −0.54%−2.7% to +1.6%Not distinguishable from zero | −0.01%−1.9% to +1.8%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −0.04%−1.5% to +1.4%Not distinguishable from zero | +0.03%−1.4% to +1.4%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.74%−1.7% to +0.18%Not distinguishable from zero | −1.3%−2.1% to −0.44%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.15%−1.0% to +1.3%Not distinguishable from zero | +0.27%−0.68% to +1.2%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.37%−1.0% to +0.22%Not distinguishable from zero | +0.21%−0.26% to +0.68%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.25%−0.67% to +0.17%Not distinguishable from zero | +0.30%−0.10% to +0.70%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.02%−0.05% to +0.01%Not distinguishable from zero | 0.00%−0.01% to +0.01%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.42%−1.1% to +0.25%Not distinguishable from zero | +0.06%−0.53% to +0.66%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.51%+0.30% to +0.72%Clear | +0.54%+0.32% to +0.76%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.75%+0.57% to +0.93%Clear | +0.55%+0.31% to +0.79%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage pointClear difference | −0.14%−0.42% to +0.14%Not distinguishable from zero | +0.46%+0.18% to +0.75%Tentative |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −0.77%−2.4% to +0.88%Not distinguishable from zero | −1.5%−3.3% to +0.37%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.07%−0.67% to +0.80%Not distinguishable from zero | −0.85%−1.8% to +0.07%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage pointClear difference | −0.32%−0.53% to −0.11%Tentative | +0.25%+0.01% to +0.49%Tentative |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.16%+0.01% to +0.30%Tentative | −0.08%−0.24% to +0.08%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.