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TYL vs L · data through Oct 2, 2026

TYL and L clearly differ on 2 of 19 forces. The widest gap is copper: in weeks when the price of copper rose 5%, TYL typically moved −1.1% and L +0.12%.

TYLLBars: 90% ranges. Hollow: could not be told apart from zero.Same figures in the table below.
Economic forceTYLTyler TechnologiesLLoews Corporation
Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points−0.89%−2.5% to +0.67%Not distinguishable from zero−0.51%−1.3% to +0.23%Not distinguishable from zero
Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points+1.3%−1.6% to +4.3%Not distinguishable from zero+1.1%−0.88% to +3.0%Not distinguishable from zero
U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2%+0.62%−1.2% to +2.5%Not distinguishable from zero+1.0%−0.02% to +2.0%Not distinguishable from zero
Oil and energyIn weeks when the price of oil rose 10%+0.19%−0.70% to +1.1%Not distinguishable from zero+0.07%−0.44% to +0.58%Not distinguishable from zero
Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points+1.0%−2.2% to +4.2%Not distinguishable from zero+0.33%−1.4% to +2.0%Not distinguishable from zero
Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points−1.7%−4.0% to +0.66%Not distinguishable from zero+0.25%−0.76% to +1.3%Not distinguishable from zero
Market volatilityIn weeks when market volatility (the VIX) rose 5 points−0.14%−1.3% to +1.0%Not distinguishable from zero−1.3%−1.9% to −0.71%Clear
Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points−0.27%−1.2% to +0.61%Not distinguishable from zero+0.02%−0.70% to +0.74%Not distinguishable from zero
GoldIn weeks when the price of gold rose 5%+0.13%−1.1% to +1.3%Not distinguishable from zero−0.22%−0.80% to +0.35%Not distinguishable from zero
CopperIn weeks when the price of copper rose 5%Clear difference−1.1%−1.7% to −0.39%Tentative+0.12%−0.31% to +0.56%Not distinguishable from zero
Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%+0.03%−0.01% to +0.08%Not distinguishable from zero−0.01%−0.03% to +0.01%Not distinguishable from zero
BitcoinIn weeks when the price of bitcoin rose 10%−0.33%−1.3% to +0.65%Not distinguishable from zero−0.45%−1.1% to +0.15%Not distinguishable from zero
Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point+0.16%−0.25% to +0.57%Not distinguishable from zero+0.42%+0.26% to +0.58%Clear
Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference+0.03%−0.37% to +0.43%Not distinguishable from zero+0.81%+0.66% to +1.0%Clear
MomentumIn weeks when recent winners beat the stock market by 1 percentage point−0.70%−1.1% to −0.27%Tentative−0.35%−0.57% to −0.12%Tentative
EuroIn weeks when the euro rose 2% against the U.S. dollar+1.9%−0.40% to +4.1%Not distinguishable from zero−0.90%−2.3% to +0.48%Not distinguishable from zero
Japanese yenIn weeks when the yen rose 2% against the U.S. dollar−1.0%−2.4% to +0.32%Not distinguishable from zero−0.21%−0.75% to +0.33%Not distinguishable from zero
Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point−0.65%−1.0% to −0.27%Tentative−0.29%−0.52% to −0.07%Tentative
ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point+0.27%+0.03% to +0.50%Tentative+0.17%+0.05% to +0.29%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.

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