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SLB vs CTVA · data through Oct 2, 2026

On none of the 19 forces measured do SLB and CTVA differ by more than the noise in the readings: their 90% ranges overlap every time.

SLBCTVABars: 90% ranges. Hollow: could not be told apart from zero.Same figures in the table below.
Economic forceSLBSchlumbergerCTVACorteva
Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points−1.1%−2.8% to +0.56%Not distinguishable from zero−0.77%−2.2% to +0.62%Not distinguishable from zero
Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points+5.9%+0.87% to +10.9%Tentative+2.9%−1.4% to +7.1%Not distinguishable from zero
U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2%−1.9%−3.6% to −0.15%Tentative−1.8%−3.4% to −0.24%Tentative
Oil and energyIn weeks when the price of oil rose 10%+1.6%−0.39% to +3.6%Not distinguishable from zero+0.91%−0.09% to +1.9%Not distinguishable from zero
Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points−1.7%−5.2% to +1.7%Not distinguishable from zero+0.26%−2.9% to +3.4%Not distinguishable from zero
Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points+1.5%−1.0% to +4.0%Not distinguishable from zero+0.71%−2.1% to +3.5%Not distinguishable from zero
Market volatilityIn weeks when market volatility (the VIX) rose 5 points−1.3%−2.8% to +0.27%Not distinguishable from zero−1.2%−2.2% to −0.27%Tentative
Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points+0.43%−1.5% to +2.4%Not distinguishable from zero+0.55%−1.0% to +2.1%Not distinguishable from zero
GoldIn weeks when the price of gold rose 5%−0.20%−1.4% to +1.0%Not distinguishable from zero+0.87%−0.04% to +1.8%Not distinguishable from zero
CopperIn weeks when the price of copper rose 5%+0.94%+0.19% to +1.7%Tentative−0.20%−0.87% to +0.47%Not distinguishable from zero
Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%+0.04%−0.01% to +0.10%Not distinguishable from zero+0.01%−0.02% to +0.05%Not distinguishable from zero
BitcoinIn weeks when the price of bitcoin rose 10%−0.71%−1.7% to +0.31%Not distinguishable from zero−0.05%−1.0% to +0.85%Not distinguishable from zero
Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point+1.0%+0.61% to +1.4%Clear+0.63%+0.28% to +1.0%Tentative
Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point+1.5%+1.1% to +1.8%Clear+0.91%+0.66% to +1.2%Clear
MomentumIn weeks when recent winners beat the stock market by 1 percentage point−0.22%−0.78% to +0.34%Not distinguishable from zero+0.07%−0.29% to +0.44%Not distinguishable from zero
EuroIn weeks when the euro rose 2% against the U.S. dollar−1.1%−3.7% to +1.5%Not distinguishable from zero−1.8%−4.1% to +0.52%Not distinguishable from zero
Japanese yenIn weeks when the yen rose 2% against the U.S. dollar−1.4%−2.5% to −0.28%Tentative−0.82%−1.7% to +0.09%Not distinguishable from zero
Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point+0.43%−0.10% to +1.0%Not distinguishable from zero+0.01%−0.29% to +0.32%Not distinguishable from zero
ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point+0.11%−0.15% to +0.37%Not distinguishable from zero−0.07%−0.24% to +0.11%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.

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