Compare two stocks
TSLA and ALL clearly differ on 3 of 19 forces. The widest gap is bitcoin: in weeks when the price of bitcoin rose 10%, TSLA typically moved +1.6% and ALL −0.83%.
| Economic force | TSLATesla, Inc. | ALLAllstate |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −0.79%−3.1% to +1.5%Not distinguishable from zero | −0.75%−2.0% to +0.48%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | −0.19%−7.5% to +7.1%Not distinguishable from zero | +1.2%−1.6% to +4.1%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | +1.3%−1.6% to +4.3%Not distinguishable from zero | +1.0%−0.40% to +2.5%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +0.25%−1.0% to +1.5%Not distinguishable from zero | +0.01%−0.90% to +0.92%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +0.76%−3.8% to +5.3%Not distinguishable from zero | +0.17%−2.3% to +2.6%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −0.21%−4.0% to +3.6%Not distinguishable from zero | +0.35%−1.2% to +1.9%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | +1.0%−0.68% to +2.7%Not distinguishable from zero | −1.2%−2.2% to −0.23%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +1.0%−1.3% to +3.4%Not distinguishable from zero | +0.04%−1.1% to +1.2%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.80%−0.51% to +2.1%Not distinguishable from zero | 0.00%−0.80% to +0.79%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.24%−1.2% to +0.74%Not distinguishable from zero | −0.33%−0.91% to +0.26%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | +0.01%−0.09% to +0.10%Not distinguishable from zero | −0.01%−0.03% to +0.02%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10%Clear difference | +1.6%+0.25% to +3.0%Tentative | −0.83%−1.6% to −0.07%Tentative |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.01%−0.66% to +0.69%Not distinguishable from zero | +0.22%−0.06% to +0.50%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | −1.2%−1.8% to −0.66%Clear | +0.87%+0.67% to +1.1%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.11%−0.57% to +0.36%Not distinguishable from zero | −0.55%−0.79% to −0.31%Clear |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −1.5%−5.2% to +2.2%Not distinguishable from zero | −0.30%−2.3% to +1.7%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.28%−1.7% to +1.2%Not distinguishable from zero | −0.09%−0.78% to +0.60%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage pointClear difference | +0.43%−0.03% to +0.89%Not distinguishable from zero | −0.53%−0.78% to −0.28%Clear |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.08%−0.21% to +0.36%Not distinguishable from zero | +0.16%0.00% to +0.32%Tentative |
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.