Compare two stocks
TT and TER clearly differ on 1 of 19 forces. The widest gap is emerging markets: in weeks when emerging-market stocks beat the S&P 500 by 1 percentage point, TT typically moved −0.03% and TER +1.5%.
| Economic force | TTTrane Technologies | TERTeradyne |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | +0.51%−0.56% to +1.6%Not distinguishable from zero | +1.1%−1.6% to +3.8%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | −1.5%−4.2% to +1.2%Not distinguishable from zero | −2.4%−8.0% to +3.3%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.23%−1.6% to +1.1%Not distinguishable from zero | +0.32%−2.2% to +2.8%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −0.37%−1.0% to +0.28%Not distinguishable from zero | +0.31%−1.4% to +2.0%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +2.7%+0.08% to +5.4%Tentative | +3.4%−2.1% to +8.9%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +3.7%+1.7% to +5.7%Clear | −1.8%−5.6% to +1.9%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | +0.30%−0.69% to +1.3%Not distinguishable from zero | −1.3%−3.4% to +0.91%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −0.85%−2.0% to +0.28%Not distinguishable from zero | −0.19%−2.1% to +1.7%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −1.4%−2.2% to −0.52%Tentative | −1.3%−3.0% to +0.31%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.58%−1.6% to +0.41%Not distinguishable from zero | −0.63%−2.5% to +1.2%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.01%−0.03% to +0.01%Not distinguishable from zero | 0.00%−0.03% to +0.03%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.23%−0.94% to +0.48%Not distinguishable from zero | −1.2%−2.8% to +0.28%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.10%−0.12% to +0.32%Not distinguishable from zero | +0.83%+0.14% to +1.5%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.21%−0.05% to +0.46%Not distinguishable from zero | +0.06%−0.64% to +0.76%Not distinguishable from zero |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | +0.38%+0.09% to +0.67%Tentative | +1.3%+0.42% to +2.1%Tentative |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −2.8%−5.1% to −0.55%Tentative | −2.6%−6.7% to +1.5%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.62%−1.5% to +0.25%Not distinguishable from zero | −0.87%−3.1% to +1.4%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage pointClear difference | −0.03%−0.28% to +0.23%Not distinguishable from zero | +1.5%+1.0% to +2.0%Clear |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | −0.12%−0.28% to +0.05%Not distinguishable from zero | −0.61%−1.0% to −0.21%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.