Compare two stocks
TMO and DECK clearly differ on 2 of 19 forces. The widest gap is euro: in weeks when the euro rose 2% against the U.S. dollar, TMO typically moved +2.6% and DECK −4.3%.
| Economic force | TMOThermo Fisher Scientific | DECKDeckers Brands |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.3%−2.3% to −0.30%Tentative | −1.0%−2.4% to +0.34%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +1.1%−1.8% to +4.0%Not distinguishable from zero | +2.6%−1.2% to +6.5%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.25%−1.9% to +1.4%Not distinguishable from zero | −0.43%−3.6% to +2.7%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −1.5%−2.4% to −0.63%Clear | −2.1%−3.2% to −0.89%Clear |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −2.5%−5.6% to +0.55%Not distinguishable from zero | −2.9%−6.7% to +0.86%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −2.2%−4.0% to −0.43%Tentative | +0.70%−2.5% to +3.9%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.34%−1.6% to +0.92%Not distinguishable from zero | −0.77%−2.8% to +1.3%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.51%−0.55% to +1.6%Not distinguishable from zero | +0.67%−1.1% to +2.4%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.47%−0.42% to +1.4%Not distinguishable from zero | −1.2%−2.9% to +0.45%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.69%0.00% to +1.4%Tentative | −0.37%−1.8% to +1.1%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | +0.03%+0.01% to +0.04%Tentative | +0.01%−0.05% to +0.06%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | +0.18%−0.95% to +1.3%Not distinguishable from zero | +0.75%−0.55% to +2.0%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.46%+0.17% to +0.75%Tentative | +0.13%−0.38% to +0.64%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.54%+0.17% to +0.90%Tentative | +0.13%−0.29% to +0.55%Not distinguishable from zero |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage pointClear difference | −0.65%−1.0% to −0.29%Tentative | +0.38%−0.07% to +0.84%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollarClear difference | +2.6%+0.57% to +4.7%Tentative | −4.3%−7.3% to −1.4%Tentative |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.52%−0.58% to +1.6%Not distinguishable from zero | −0.46%−1.9% to +1.0%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.08%−0.44% to +0.27%Not distinguishable from zero | −0.41%−0.88% to +0.05%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.09%−0.08% to +0.26%Not distinguishable from zero | −0.02%−0.36% 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.