Compare two stocks
SNA and IBM clearly differ on 1 of 19 forces. The widest gap is value vs growth: in weeks when value stocks beat growth stocks by 1 percentage point, SNA typically moved +0.73% and IBM −0.05%.
| Economic force | SNASnap-on | IBM |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −0.33%−1.7% to +1.1%Not distinguishable from zero | −0.42%−1.6% to +0.72%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | −0.02%−2.7% to +2.7%Not distinguishable from zero | +0.75%−2.6% to +4.0%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.07%−1.4% to +1.3%Not distinguishable from zero | −0.32%−2.2% to +1.5%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −0.82%−1.5% to −0.16%Tentative | −0.54%−2.6% to +1.5%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −0.55%−2.3% to +1.2%Not distinguishable from zero | −1.4%−4.2% to +1.4%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −1.0%−2.3% to +0.40%Not distinguishable from zero | −2.8%−5.5% to −0.04%Tentative |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | +0.49%−0.60% to +1.6%Not distinguishable from zero | +0.25%−1.2% to +1.7%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.12%−1.1% to +1.3%Not distinguishable from zero | −0.15%−1.8% to +1.5%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.24%−0.43% to +0.91%Not distinguishable from zero | +0.76%−0.46% to +2.0%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.29%−0.91% to +0.33%Not distinguishable from zero | −0.27%−0.80% to +0.26%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | +0.02%+0.01% to +0.04%Tentative | −0.02%−0.07% to +0.03%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | +0.35%−0.26% to +1.0%Not distinguishable from zero | +0.08%−0.59% to +0.76%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.60%+0.40% to +0.79%Clear | +0.28%−0.01% to +0.57%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | +0.73%+0.52% to +0.93%Clear | −0.05%−0.47% to +0.37%Not distinguishable from zero |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.32%−0.52% to −0.12%Tentative | −0.22%−0.89% to +0.46%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | +0.48%−1.5% to +2.5%Not distinguishable from zero | −0.73%−3.4% to +1.9%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.66%+0.03% to +1.3%Tentative | +1.7%+0.70% to +2.8%Tentative |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.28%−0.50% to −0.05%Tentative | −0.14%−0.73% to +0.46%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.06%−0.06% to +0.18%Not distinguishable from zero | 0.00%−0.33% to +0.32%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.