Compare two stocks
VMC and SHW clearly differ on 2 of 19 forces. The widest gap is momentum: in weeks when recent winners beat the stock market by 1 percentage point, VMC typically moved +0.37% and SHW −0.23%.
| Economic force | VMCVulcan Materials Company | SHWSherwin-Williams |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.8%−3.1% to −0.58%Tentative | −1.9%−2.9% to −0.93%Clear |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +2.5%−0.13% to +5.1%Not distinguishable from zero | +0.85%−1.4% to +3.1%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | +0.84%−0.54% to +2.2%Not distinguishable from zero | +0.36%−0.61% to +1.3%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −1.5%−2.4% to −0.64%Clear | −1.9%−2.4% to −1.4%Clear |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +1.7%−0.59% to +3.9%Not distinguishable from zero | +1.0%−1.0% to +3.0%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +1.3%−0.27% to +2.9%Not distinguishable from zero | −0.32%−1.8% to +1.2%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.12%−1.1% to +0.89%Not distinguishable from zero | +0.12%−0.59% to +0.83%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +1.0%−0.37% to +2.3%Not distinguishable from zero | −0.32%−1.3% to +0.63%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.29%−0.26% to +0.85%Not distinguishable from zero | −0.48%−1.3% to +0.29%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.51%−1.0% to +0.02%Not distinguishable from zero | −0.49%−1.0% to +0.02%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.02%−0.05% to 0.00%Tentative | −0.02%−0.03% to 0.00%Tentative |
| BitcoinIn weeks when the price of bitcoin rose 10% | +0.30%−0.43% to +1.0%Not distinguishable from zero | +0.06%−0.47% to +0.59%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.67%+0.46% to +0.88%Clear | +0.81%+0.62% to +1.0%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.43%+0.19% to +0.66%Tentative | +0.83%+0.61% to +1.0%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage pointClear difference | +0.37%+0.06% to +0.67%Tentative | −0.23%−0.47% to +0.01%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −0.54%−3.4% to +2.3%Not distinguishable from zero | −0.62%−3.1% to +1.9%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.50%−1.2% to +0.22%Not distinguishable from zero | +0.84%+0.12% to +1.5%Tentative |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.07%−0.33% to +0.18%Not distinguishable from zero | −0.33%−0.54% to −0.11%Tentative |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage pointClear difference | −0.20%−0.31% to −0.08%Tentative | +0.04%−0.08% to +0.16%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.