Compare two stocks
VRSN and EG clearly differ on 3 of 19 forces. The widest gap is market volatility: in weeks when market volatility (the VIX) rose 5 points, VRSN typically moved +0.85% and EG −1.1%.
| Economic force | VRSNVerisign | EGEverest Group |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −0.02%−1.0% to +1.0%Not distinguishable from zero | +0.48%−0.85% to +1.8%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | −0.27%−3.6% to +3.1%Not distinguishable from zero | −0.22%−2.8% to +2.4%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.31%−1.6% to +1.0%Not distinguishable from zero | −0.86%−2.1% to +0.35%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +0.58%−0.45% to +1.6%Not distinguishable from zero | +0.22%−0.52% to +1.0%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −1.2%−3.6% to +1.3%Not distinguishable from zero | −1.5%−4.3% to +1.2%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −0.21%−2.4% to +1.9%Not distinguishable from zero | −0.25%−1.8% to +1.3%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 pointsClear difference | +0.85%−0.01% to +1.7%Not distinguishable from zero | −1.1%−1.8% to −0.28%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.35%−0.80% to +1.5%Not distinguishable from zero | −0.21%−1.4% to +1.0%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.06%−0.67% to +0.78%Not distinguishable from zero | +0.08%−0.65% to +0.82%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +1.2%+0.26% to +2.1%Tentative | +0.26%−0.31% to +0.83%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | +0.01%−0.01% to +0.04%Not distinguishable from zero | +0.01%0.00% to +0.03%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.32%−1.0% to +0.40%Not distinguishable from zero | +0.03%−0.52% to +0.59%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage pointClear difference | −0.23%−0.48% to +0.03%Not distinguishable from zero | +0.35%+0.08% to +0.62%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | +0.03%−0.28% to +0.34%Not distinguishable from zero | +0.86%+0.65% to +1.1%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.57%−0.88% to −0.26%Clear | −0.39%−0.62% to −0.16%Tentative |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | +1.9%−0.04% to +3.8%Not distinguishable from zero | −0.20%−2.6% to +2.2%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.92%+0.19% to +1.7%Tentative | −0.45%−1.2% to +0.29%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.37%−0.68% to −0.06%Tentative | −0.26%−0.52% to +0.01%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.27%+0.08% to +0.46%Tentative | +0.23%+0.12% to +0.34%Clear |
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.