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TSN vs OTIS · data through Oct 2, 2026

On none of the 19 forces measured do TSN and OTIS differ by more than the noise in the readings: their 90% ranges overlap every time.

TSNOTISBars: 90% ranges. Hollow: could not be told apart from zero.Same figures in the table below.
Economic forceTSNTyson FoodsOTISOtis Worldwide
Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points−0.55%−1.4% to +0.27%Not distinguishable from zero−0.75%−1.5% to +0.03%Not distinguishable from zero
Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points+0.62%−2.5% to +3.7%Not distinguishable from zero+0.01%−1.7% to +1.7%Not distinguishable from zero
U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2%−1.2%−2.6% to +0.16%Not distinguishable from zero−1.3%−2.2% to −0.33%Tentative
Oil and energyIn weeks when the price of oil rose 10%−0.85%−1.6% to −0.09%Tentative−0.52%−1.0% to −0.09%Tentative
Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points−1.5%−3.6% to +0.56%Not distinguishable from zero−1.1%−2.7% to +0.60%Not distinguishable from zero
Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points−1.2%−2.8% to +0.47%Not distinguishable from zero+1.4%+0.03% to +2.8%Tentative
Market volatilityIn weeks when market volatility (the VIX) rose 5 points−0.89%−1.7% to −0.07%Tentative−0.20%−1.1% to +0.66%Not distinguishable from zero
Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points+0.53%−0.65% to +1.7%Not distinguishable from zero−0.87%−1.6% to −0.19%Tentative
GoldIn weeks when the price of gold rose 5%−0.07%−0.94% to +0.81%Not distinguishable from zero+0.85%+0.28% to +1.4%Tentative
CopperIn weeks when the price of copper rose 5%+0.03%−0.69% to +0.76%Not distinguishable from zero+0.40%+0.01% to +0.79%Tentative
Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%+0.01%0.00% to +0.03%Not distinguishable from zero0.00%−0.02% to +0.03%Not distinguishable from zero
BitcoinIn weeks when the price of bitcoin rose 10%−0.09%−0.95% to +0.77%Not distinguishable from zero0.00%−0.46% to +0.47%Not distinguishable from zero
Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point+0.38%+0.12% to +0.64%Tentative+0.21%−0.04% to +0.45%Not distinguishable from zero
Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point+0.79%+0.59% to +1.0%Clear+0.45%+0.27% to +0.64%Clear
MomentumIn weeks when recent winners beat the stock market by 1 percentage point−0.31%−0.57% to −0.04%Tentative−0.26%−0.46% to −0.05%Tentative
EuroIn weeks when the euro rose 2% against the U.S. dollar+0.36%−1.7% to +2.5%Not distinguishable from zero−0.94%−3.0% to +1.1%Not distinguishable from zero
Japanese yenIn weeks when the yen rose 2% against the U.S. dollar+0.81%+0.13% to +1.5%Tentative−0.37%−0.93% to +0.18%Not distinguishable from zero
Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point−0.20%−0.49% to +0.10%Not distinguishable from zero+0.19%−0.11% to +0.48%Not distinguishable from zero
ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point+0.03%−0.12% to +0.17%Not distinguishable from zero+0.11%−0.08% to +0.30%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.

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