Compare two stocks
TKO and HSY clearly differ on 1 of 19 forces. The widest gap is momentum: in weeks when recent winners beat the stock market by 1 percentage point, TKO typically moved +0.56% and HSY −0.41%.
| Economic force | TKOTKO Group Holdings | HSYHershey Company (The) |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −0.49%−1.9% to +0.93%Not distinguishable from zero | −0.81%−2.0% to +0.42%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +1.2%−2.8% to +5.2%Not distinguishable from zero | +0.43%−2.2% to +3.0%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −1.2%−2.9% to +0.42%Not distinguishable from zero | −1.7%−3.1% to −0.32%Tentative |
| Oil and energyIn weeks when the price of oil rose 10% | −0.03%−1.4% to +1.4%Not distinguishable from zero | −0.42%−1.0% to +0.18%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +0.04%−3.4% to +3.5%Not distinguishable from zero | +0.16%−2.7% to +3.1%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −1.7%−4.3% to +1.0%Not distinguishable from zero | −0.35%−2.2% to +1.5%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −1.9%−3.0% to −0.75%Tentative | +0.14%−1.1% to +1.4%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.75%−0.88% to +2.4%Not distinguishable from zero | −1.1%−2.1% to −0.06%Tentative |
| GoldIn weeks when the price of gold rose 5% | +0.38%−0.72% to +1.5%Not distinguishable from zero | +1.3%+0.56% to +2.0%Tentative |
| CopperIn weeks when the price of copper rose 5% | +0.70%+0.06% to +1.3%Tentative | −0.05%−0.67% to +0.58%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.01%−0.04% to +0.03%Not distinguishable from zero | −0.04%−0.07% to −0.01%Tentative |
| BitcoinIn weeks when the price of bitcoin rose 10% | −1.2%−2.1% to −0.25%Tentative | −1.1%−2.1% to −0.15%Tentative |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.57%+0.12% to +1.0%Tentative | +0.16%−0.15% to +0.47%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.25%−0.08% to +0.59%Not distinguishable from zero | +0.56%+0.19% to +0.94%Tentative |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage pointClear difference | +0.56%+0.21% to +0.91%Tentative | −0.41%−0.73% to −0.10%Tentative |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −1.3%−3.8% to +1.2%Not distinguishable from zero | +0.64%−1.5% to +2.8%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.58%−1.6% to +0.45%Not distinguishable from zero | −0.43%−1.7% to +0.85%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | +0.25%−0.07% to +0.56%Not distinguishable from zero | +0.04%−0.29% to +0.36%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.04%−0.14% to +0.21%Not distinguishable from zero | 0.00%−0.16% to +0.15%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.