Compare two stocks
On none of the 19 forces measured do WEC and CMS differ by more than the noise in the readings: their 90% ranges overlap every time.
| Economic force | WECWEC Energy Group | CMSCMS Energy |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.3%−2.5% to −0.10%Tentative | −1.7%−2.5% to −0.91%Clear |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | −0.66%−3.0% to +1.7%Not distinguishable from zero | −0.71%−2.7% to +1.2%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.09%−1.1% to +1.0%Not distinguishable from zero | +0.29%−0.70% to +1.3%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +0.33%−0.20% to +0.87%Not distinguishable from zero | +0.18%−0.37% to +0.73%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +1.0%−0.80% to +2.9%Not distinguishable from zero | +1.0%−0.53% to +2.6%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −0.25%−2.0% to +1.5%Not distinguishable from zero | +0.75%−0.54% to +2.0%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −1.0%−1.7% to −0.41%Tentative | −1.2%−1.8% to −0.61%Clear |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.54%−0.21% to +1.3%Not distinguishable from zero | +0.35%−0.38% to +1.1%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.77%+0.11% to +1.4%Tentative | +0.47%−0.11% to +1.1%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.43%+0.03% to +0.84%Tentative | +0.23%−0.18% to +0.65%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.01%−0.04% to +0.02%Not distinguishable from zero | −0.02%−0.03% to 0.00%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.07%−0.59% to +0.44%Not distinguishable from zero | −0.03%−0.44% to +0.37%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.34%+0.15% to +0.52%Tentative | +0.31%+0.12% to +0.51%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.69%+0.53% to +0.84%Clear | +0.59%+0.45% to +0.74%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.11%−0.42% to +0.21%Not distinguishable from zero | −0.05%−0.28% to +0.19%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −1.4%−3.0% to +0.19%Not distinguishable from zero | −2.6%−4.0% to −1.2%Tentative |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.38%−0.22% to +1.0%Not distinguishable from zero | −0.17%−0.69% to +0.35%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.02%−0.25% to +0.21%Not distinguishable from zero | +0.09%−0.10% to +0.29%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.06%−0.06% to +0.19%Not distinguishable from zero | +0.07%−0.04% to +0.18%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.