Compare two stocks
On none of the 19 forces measured do VLO and XOM differ by more than the noise in the readings: their 90% ranges overlap every time.
| Economic force | VLOValero Energy | XOMExxonMobil |
|---|---|---|
| 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 | 0.00%−1.2% to +1.1%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 | +2.0%−1.0% to +5.0%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 | −0.54%−1.9% to +0.77%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +3.4%+2.4% to +4.4%Clear | +2.7%+1.4% to +4.1%Clear |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +0.90%−2.1% to +3.9%Not distinguishable from zero | +0.66%−1.3% to +2.6%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 | +0.51%−1.1% to +2.1%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −1.8%−3.1% to −0.51%Tentative | −1.2%−2.4% to +0.04%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 | +0.28%−0.62% to +1.2%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.65%−2.1% to +0.77%Not distinguishable from zero | +0.14%−0.50% to +0.78%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.49%−0.24% to +1.2%Not distinguishable from zero | +0.48%−0.07% to +1.0%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 | +0.02%−0.01% to +0.05%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.70%−1.6% to +0.20%Not distinguishable from zero | −0.66%−1.3% to +0.01%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.81%+0.45% to +1.2%Clear | +0.49%+0.26% to +0.72%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +1.1%+0.85% to +1.4%Clear | +1.0%+0.79% to +1.2%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 | −0.26%−0.54% to +0.02%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −1.0%−3.0% to +1.0%Not distinguishable from zero | −2.0%−3.7% to −0.28%Tentative |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.42%−1.4% to +0.61%Not distinguishable from zero | −0.43%−1.2% to +0.36%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 | +0.07%−0.32% to +0.45%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 | +0.16%+0.02% to +0.30%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.