Compare two stocks
UHS and AZO clearly differ on 1 of 19 forces. The widest gap is short-term rates: in weeks when the 2-year Treasury yield rose 0.25 percentage points, UHS typically moved −2.0% and AZO +1.9%.
| Economic force | UHSUniversal Health Services | AZOAutoZone |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −0.90%−2.2% to +0.42%Not distinguishable from zero | −0.83%−1.8% to +0.11%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +1.5%−2.3% to +5.4%Not distinguishable from zero | +0.58%−1.8% to +3.0%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | +0.46%−1.2% to +2.1%Not distinguishable from zero | +0.48%−0.74% to +1.7%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −1.2%−2.2% to −0.24%Tentative | −0.53%−1.2% to +0.10%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +2.1%−0.85% to +5.1%Not distinguishable from zero | +1.4%−0.94% to +3.8%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage pointsClear difference | −2.0%−3.7% to −0.24%Tentative | +1.9%+0.11% to +3.7%Tentative |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −1.4%−2.4% to −0.28%Tentative | +0.46%−0.30% to +1.2%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −0.61%−1.7% to +0.47%Not distinguishable from zero | −1.1%−2.2% to −0.09%Tentative |
| GoldIn weeks when the price of gold rose 5% | +0.11%−0.72% to +0.93%Not distinguishable from zero | +0.75%−0.19% to +1.7%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.86%−1.6% to −0.14%Tentative | +0.32%−0.34% to +1.0%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | +0.03%+0.01% to +0.05%Tentative | +0.04%0.00% to +0.08%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | +0.10%−0.72% to +0.92%Not distinguishable from zero | −0.16%−1.0% to +0.65%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.54%+0.15% to +0.93%Tentative | +0.04%−0.25% to +0.33%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.75%+0.44% to +1.1%Clear | +0.32%+0.01% to +0.63%Tentative |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.44%−0.74% to −0.14%Tentative | −0.30%−0.55% to −0.05%Tentative |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −0.17%−2.4% to +2.0%Not distinguishable from zero | −0.03%−2.3% to +2.2%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +1.2%+0.03% to +2.4%Tentative | +0.85%+0.11% to +1.6%Tentative |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.39%−0.71% to −0.07%Tentative | −0.21%−0.53% to +0.11%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.05%−0.23% to +0.33%Not distinguishable from zero | +0.15%−0.04% 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.