Compare two stocks
On none of the 19 forces measured do SCHW and AFL differ by more than the noise in the readings: their 90% ranges overlap every time.
| Economic force | SCHWCharles Schwab Corporation | AFLAflac |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −0.12%−2.6% to +2.4%Not distinguishable from zero | −0.18%−1.2% to +0.81%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +1.0%−3.5% to +5.5%Not distinguishable from zero | +0.26%−2.4% to +2.9%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.56%−2.2% to +1.0%Not distinguishable from zero | +0.27%−0.94% to +1.5%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +0.48%−0.35% to +1.3%Not distinguishable from zero | +0.27%−0.32% to +0.87%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +0.07%−2.9% to +3.1%Not distinguishable from zero | +0.34%−1.5% to +2.2%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −2.1%−4.3% to +0.10%Not distinguishable from zero | −0.90%−2.9% to +1.1%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −1.6%−2.8% to −0.44%Tentative | −0.88%−1.4% to −0.31%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +1.5%+0.20% to +2.9%Tentative | −0.05%−1.0% to +0.91%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.04%−0.81% to +0.89%Not distinguishable from zero | −0.66%−1.5% to +0.13%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.15%−0.57% to +0.86%Not distinguishable from zero | +0.36%−0.09% to +0.82%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.03%−0.06% to 0.00%Not distinguishable from zero | −0.02%−0.04% to 0.00%Tentative |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.23%−1.2% to +0.73%Not distinguishable from zero | −0.74%−1.4% to −0.10%Tentative |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.23%+0.01% to +0.45%Tentative | +0.25%+0.06% to +0.45%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.59%+0.36% to +0.81%Clear | +0.83%+0.67% to +1.0%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.23%−0.54% to +0.08%Not distinguishable from zero | −0.43%−0.61% to −0.25%Clear |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −1.0%−3.7% to +1.7%Not distinguishable from zero | +0.68%−1.3% to +2.7%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.18%−0.74% to +1.1%Not distinguishable from zero | +0.09%−0.58% to +0.76%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.22%−0.51% to +0.06%Not distinguishable from zero | −0.22%−0.50% to +0.06%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.13%−0.06% to +0.33%Not distinguishable from zero | +0.33%+0.24% to +0.43%Clear |
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.