Compare two stocks
TRGP and PSX 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, TRGP typically moved +0.18% and PSX −0.52%.
| Economic force | TRGPTarga Resources | PSXPhillips 66 |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.1%−2.6% to +0.38%Not distinguishable from zero | −0.55%−2.2% to +1.1%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +2.5%−1.1% to +6.2%Not distinguishable from zero | +1.1%−2.8% to +4.9%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.08%−2.1% to +2.0%Not distinguishable from zero | +0.14%−1.8% to +2.1%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +2.8%+1.5% to +4.1%Clear | +3.5%+2.6% to +4.4%Clear |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −1.3%−4.2% to +1.5%Not distinguishable from zero | −1.3%−4.3% to +1.7%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −0.22%−2.6% to +2.1%Not distinguishable from zero | +0.04%−2.4% to +2.5%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −2.6%−3.9% to −1.3%Clear | −1.5%−2.7% to −0.35%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +2.1%+0.88% to +3.4%Tentative | +0.17%−1.0% to +1.4%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.11%−1.2% to +1.0%Not distinguishable from zero | −0.79%−1.9% to +0.28%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.60%−0.25% to +1.5%Not distinguishable from zero | +0.26%−0.52% to +1.0%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | +0.01%−0.03% to +0.06%Not distinguishable from zero | +0.01%−0.02% to +0.04%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.26%−1.3% to +0.81%Not distinguishable from zero | −0.59%−1.5% to +0.28%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.53%+0.11% to +0.94%Tentative | +0.72%+0.40% to +1.0%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.93%+0.57% to +1.3%Clear | +1.2%+1.0% to +1.4%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage pointClear difference | +0.18%−0.14% to +0.51%Not distinguishable from zero | −0.52%−0.83% to −0.21%Tentative |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −3.6%−6.4% to −0.79%Tentative | −2.5%−4.9% to −0.21%Tentative |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.50%−1.5% to +0.46%Not distinguishable from zero | −0.34%−1.2% to +0.51%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.05%−0.45% to +0.36%Not distinguishable from zero | −0.06%−0.50% to +0.38%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.05%−0.10% to +0.21%Not distinguishable from zero | +0.11%−0.11% to +0.34%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.