Compare two stocks
STLD and NTRS clearly differ on 1 of 19 forces. The widest gap is small vs large companies: in weeks when small companies beat large ones by 1 percentage point, STLD typically moved +1.1% and NTRS +0.60%.
| Economic force | STLDSteel Dynamics | NTRSNorthern Trust |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.0%−2.9% to +0.88%Not distinguishable from zero | −1.1%−2.1% to −0.12%Tentative |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +1.6%−3.0% to +6.2%Not distinguishable from zero | +1.7%−0.37% to +3.7%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.87%−2.8% to +1.0%Not distinguishable from zero | −0.38%−1.6% to +0.86%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +0.26%−0.82% to +1.3%Not distinguishable from zero | +0.02%−0.49% to +0.52%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −1.1%−3.9% to +1.7%Not distinguishable from zero | −0.87%−2.7% to +1.0%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −0.61%−2.9% to +1.7%Not distinguishable from zero | −0.78%−2.1% to +0.54%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.60%−1.6% to +0.39%Not distinguishable from zero | −0.49%−1.1% to +0.13%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +1.9%+0.47% to +3.2%Tentative | +0.66%−0.26% to +1.6%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.32%−1.5% to +0.88%Not distinguishable from zero | −1.1%−1.9% to −0.35%Tentative |
| CopperIn weeks when the price of copper rose 5% | +0.59%−0.14% to +1.3%Not distinguishable from zero | −0.54%−1.0% to −0.12%Tentative |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | +0.02%−0.04% to +0.08%Not distinguishable from zero | +0.01%−0.01% to +0.04%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.70%−1.9% to +0.46%Not distinguishable from zero | −0.46%−1.1% to +0.13%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage pointClear difference | +1.1%+0.81% to +1.4%Clear | +0.60%+0.44% to +0.76%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +1.0%+0.76% to +1.3%Clear | +0.72%+0.58% to +0.86%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | +0.12%−0.29% to +0.54%Not distinguishable from zero | −0.24%−0.46% to −0.03%Tentative |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −1.8%−4.2% to +0.67%Not distinguishable from zero | −2.2%−3.9% to −0.53%Tentative |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.76%−2.0% to +0.46%Not distinguishable from zero | +0.14%−0.51% to +0.79%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | +0.16%−0.22% to +0.54%Not distinguishable from zero | −0.20%−0.42% to +0.01%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.12%−0.08% to +0.32%Not distinguishable from zero | +0.06%−0.08% 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.