Compare two stocks
VLO and CF clearly differ on 1 of 19 forces. The widest gap is bitcoin: in weeks when the price of bitcoin rose 10%, VLO typically moved −0.70% and CF +1.0%.
| Economic force | VLOValero Energy | CFCF Industries |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | +0.64%−0.78% to +2.1%Not distinguishable from zero | +0.26%−1.2% to +1.7%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +2.1%−1.1% to +5.4%Not distinguishable from zero | +0.42%−3.5% to +4.3%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | +0.58%−1.1% to +2.3%Not distinguishable from zero | +0.15%−1.9% to +2.2%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +3.4%+2.4% to +4.4%Clear | +4.4%+3.5% to +5.3%Clear |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +0.90%−2.1% to +3.9%Not distinguishable from zero | +0.73%−2.4% to +3.8%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −0.09%−2.3% to +2.2%Not distinguishable from zero | +0.69%−1.6% to +3.0%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −1.8%−3.1% to −0.51%Tentative | −0.74%−1.7% to +0.24%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.09%−1.1% to +1.3%Not distinguishable from zero | −1.1%−2.4% to +0.30%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.65%−2.1% to +0.77%Not distinguishable from zero | −0.43%−1.4% to +0.59%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.49%−0.24% to +1.2%Not distinguishable from zero | −0.22%−1.1% to +0.69%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | +0.03%0.00% to +0.06%Tentative | +0.05%0.00% to +0.10%Tentative |
| BitcoinIn weeks when the price of bitcoin rose 10%Clear difference | −0.70%−1.6% to +0.20%Not distinguishable from zero | +1.0%+0.23% to +1.7%Tentative |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.81%+0.45% to +1.2%Clear | +0.48%+0.16% to +0.80%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +1.1%+0.85% to +1.4%Clear | +0.86%+0.57% to +1.1%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.24%−0.60% to +0.12%Not distinguishable from zero | −0.33%−0.64% to −0.02%Tentative |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −1.0%−3.0% to +1.0%Not distinguishable from zero | −1.0%−3.6% to +1.7%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.42%−1.4% to +0.61%Not distinguishable from zero | −0.26%−1.1% to +0.61%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.11%−0.60% to +0.38%Not distinguishable from zero | −0.10%−0.52% to +0.33%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.04%−0.18% to +0.25%Not distinguishable from zero | +0.23%+0.06% to +0.39%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.