Compare two stocks
WM and NSC clearly differ on 2 of 19 forces. The widest gap is value vs growth: in weeks when value stocks beat growth stocks by 1 percentage point, WM typically moved +0.28% and NSC +0.78%.
| Economic force | WMWaste Management | NSCNorfolk Southern |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.8%−3.2% to −0.43%Tentative | −1.2%−2.2% to −0.31%Tentative |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +2.6%+0.27% to +5.0%Tentative | +1.8%−0.37% to +4.0%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.16%−1.2% to +0.83%Not distinguishable from zero | +0.19%−1.0% to +1.4%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +0.50%−0.02% to +1.0%Not distinguishable from zero | +0.14%−0.60% to +0.89%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −0.62%−2.9% to +1.6%Not distinguishable from zero | −0.75%−2.6% to +1.1%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +1.6%+0.16% to +3.0%Tentative | −0.46%−2.2% to +1.3%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | +0.27%−0.48% to +1.0%Not distinguishable from zero | +0.39%−0.47% to +1.3%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −0.06%−1.0% to +0.88%Not distinguishable from zero | −0.11%−1.1% to +0.87%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.69%0.00% to +1.4%Tentative | −0.08%−0.79% to +0.62%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.16%−0.21% to +0.54%Not distinguishable from zero | −0.34%−0.82% to +0.14%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%Clear difference | +0.03%+0.01% to +0.05%Tentative | −0.02%−0.04% to 0.00%Tentative |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.31%−0.75% to +0.14%Not distinguishable from zero | −0.44%−1.2% to +0.35%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | −0.06%−0.39% to +0.28%Not distinguishable from zero | +0.48%+0.24% to +0.71%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | +0.28%+0.06% to +0.50%Tentative | +0.78%+0.56% to +1.0%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.18%−0.41% to +0.04%Not distinguishable from zero | −0.38%−0.64% to −0.13%Tentative |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −1.0%−2.4% to +0.51%Not distinguishable from zero | +0.50%−0.95% to +2.0%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.35%−1.1% to +0.37%Not distinguishable from zero | +0.31%−0.67% to +1.3%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.44%−0.66% to −0.22%Clear | −0.37%−0.64% to −0.11%Tentative |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.12%0.00% to +0.24%Tentative | +0.04%−0.13% to +0.21%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.