Compare two stocks
T and CVS 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, T typically moved +0.54% and CVS +1.1%.
| Economic force | TAT&T | CVSCVS Health |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −0.65%−1.8% to +0.46%Not distinguishable from zero | −0.12%−2.1% to +1.8%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +1.5%−1.4% to +4.3%Not distinguishable from zero | −0.38%−4.2% to +3.5%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −1.8%−3.3% to −0.33%Tentative | −1.8%−3.5% to −0.13%Tentative |
| Oil and energyIn weeks when the price of oil rose 10% | +0.34%−0.45% to +1.1%Not distinguishable from zero | +0.73%−0.16% to +1.6%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +1.3%−1.0% to +3.5%Not distinguishable from zero | +1.6%−1.4% to +4.7%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −0.50%−2.6% to +1.6%Not distinguishable from zero | +1.6%−0.84% to +4.0%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.61%−1.7% to +0.48%Not distinguishable from zero | −0.15%−1.4% to +1.2%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −0.08%−1.0% to +0.88%Not distinguishable from zero | −1.0%−2.7% to +0.74%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.42%−1.2% to +0.33%Not distinguishable from zero | +0.57%−1.2% to +2.4%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.27%−0.87% to +0.34%Not distinguishable from zero | −0.25%−1.1% to +0.59%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.04%−0.07% to 0.00%Tentative | +0.05%−0.01% to +0.11%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.19%−0.91% to +0.52%Not distinguishable from zero | −0.28%−1.3% to +0.73%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.20%−0.08% to +0.48%Not distinguishable from zero | +0.54%+0.14% to +0.94%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | +0.54%+0.32% to +0.76%Clear | +1.1%+0.83% to +1.4%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.08%−0.53% to +0.36%Not distinguishable from zero | −0.02%−0.42% to +0.39%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −1.6%−3.5% to +0.30%Not distinguishable from zero | +2.0%−1.1% to +5.0%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.16%−0.69% to +1.0%Not distinguishable from zero | −0.67%−2.3% to +1.0%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.15%−0.43% to +0.13%Not distinguishable from zero | −0.02%−0.45% to +0.42%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.02%−0.14% to +0.18%Not distinguishable from zero | +0.10%−0.20% to +0.39%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.