Compare two stocks
SHW and SYK clearly differ on 2 of 19 forces. The widest gap is small vs large companies: in weeks when small companies beat large ones by 1 percentage point, SHW typically moved +0.81% and SYK +0.18%.
| Economic force | SHWSherwin-Williams | SYKStryker Corporation |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.9%−2.9% to −0.93%Clear | −1.2%−2.3% to −0.22%Tentative |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +0.85%−1.4% to +3.1%Not distinguishable from zero | +2.0%−0.33% to +4.3%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | +0.36%−0.61% to +1.3%Not distinguishable from zero | +0.76%−0.49% to +2.0%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −1.9%−2.4% to −1.4%Clear | −1.4%−2.2% to −0.64%Clear |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +1.0%−1.0% to +3.0%Not distinguishable from zero | −0.36%−2.3% to +1.6%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −0.32%−1.8% to +1.2%Not distinguishable from zero | −2.0%−3.7% to −0.25%Tentative |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | +0.12%−0.59% to +0.83%Not distinguishable from zero | +0.02%−0.65% to +0.69%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −0.32%−1.3% to +0.63%Not distinguishable from zero | −0.12%−1.0% to +0.71%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.48%−1.3% to +0.29%Not distinguishable from zero | −0.35%−1.1% to +0.36%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.49%−1.0% to +0.02%Not distinguishable from zero | +0.19%−0.35% to +0.74%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.02%−0.03% to 0.00%Tentative | 0.00%−0.04% to +0.03%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | +0.06%−0.47% to +0.59%Not distinguishable from zero | +0.13%−0.33% to +0.60%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage pointClear difference | +0.81%+0.62% to +1.0%Clear | +0.18%−0.08% to +0.43%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | +0.83%+0.61% to +1.0%Clear | +0.33%+0.13% to +0.53%Tentative |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.23%−0.47% to +0.01%Not distinguishable from zero | −0.16%−0.49% to +0.17%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −0.62%−3.1% to +1.9%Not distinguishable from zero | +1.1%−0.48% to +2.6%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.84%+0.12% to +1.5%Tentative | −0.58%−1.5% to +0.34%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.33%−0.54% to −0.11%Tentative | −0.48%−0.73% to −0.23%Clear |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.04%−0.08% to +0.16%Not distinguishable from zero | +0.03%−0.14% to +0.20%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.