Compare two stocks
On none of the 19 forces measured do SO and FE differ by more than the noise in the readings: their 90% ranges overlap every time.
| Economic force | SOSouthern Company | FEFirstEnergy |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.4%−2.3% to −0.46%Tentative | −1.0%−2.1% to +0.02%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | −1.0%−2.9% to +0.79%Not distinguishable from zero | −1.2%−3.3% to +0.90%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.60%−1.5% to +0.30%Not distinguishable from zero | −0.66%−1.9% to +0.60%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +0.57%+0.09% to +1.1%Tentative | +0.41%−0.10% to +0.92%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +0.93%−0.51% to +2.4%Not distinguishable from zero | +0.64%−1.1% to +2.4%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −0.40%−1.7% to +0.86%Not distinguishable from zero | +0.03%−1.3% to +1.3%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.83%−1.5% to −0.15%Tentative | −1.1%−1.7% to −0.47%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.69%−0.06% to +1.4%Not distinguishable from zero | +0.73%−0.14% to +1.6%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.47%−0.23% to +1.2%Not distinguishable from zero | +0.70%−0.05% to +1.5%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.48%+0.10% to +0.87%Tentative | +0.01%−0.43% to +0.46%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.02%−0.03% to −0.01%Tentative | −0.02%−0.04% to 0.00%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.28%−0.71% to +0.14%Not distinguishable from zero | −0.19%−0.64% to +0.26%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.13%−0.05% to +0.30%Not distinguishable from zero | +0.26%+0.08% to +0.44%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.55%+0.40% to +0.70%Clear | +0.45%+0.28% to +0.63%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.26%−0.53% to 0.00%Not distinguishable from zero | −0.09%−0.29% to +0.11%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −0.76%−2.0% to +0.50%Not distinguishable from zero | −2.7%−4.4% to −1.0%Tentative |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.07%−0.46% to +0.61%Not distinguishable from zero | +0.11%−0.56% to +0.77%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.10%−0.29% to +0.10%Not distinguishable from zero | +0.03%−0.19% to +0.26%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.10%+0.01% to +0.19%Tentative | +0.04%−0.05% to +0.13%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.