Compare two stocks
WYNN and ALGN clearly differ on 1 of 19 forces. The widest gap is china: in weeks when Chinese stocks beat other emerging markets by 1 percentage point, WYNN typically moved +0.57% and ALGN −0.28%.
| Economic force | WYNNWynn Resorts | ALGNAlign Technology |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −0.12%−1.6% to +1.4%Not distinguishable from zero | −1.0%−3.1% to +1.1%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +4.6%+1.2% to +8.0%Tentative | +5.3%+0.19% to +10.5%Tentative |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −1.7%−3.5% to +0.20%Not distinguishable from zero | −2.0%−4.7% to +0.66%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −0.67%−1.5% to +0.19%Not distinguishable from zero | −1.2%−2.2% to −0.25%Tentative |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +1.0%−2.6% to +4.7%Not distinguishable from zero | −0.68%−5.3% to +3.9%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −1.7%−4.2% to +0.89%Not distinguishable from zero | +0.20%−3.2% to +3.6%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.81%−2.1% to +0.54%Not distinguishable from zero | +0.16%−2.0% to +2.3%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −0.55%−2.2% to +1.0%Not distinguishable from zero | −1.4%−3.7% to +0.82%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.44%−1.3% to +0.42%Not distinguishable from zero | −0.64%−2.0% to +0.71%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.03%−0.87% to +0.94%Not distinguishable from zero | +1.5%−1.0% to +3.9%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | 0.00%−0.03% to +0.03%Not distinguishable from zero | −0.02%−0.04% to +0.01%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.63%−1.5% to +0.24%Not distinguishable from zero | −1.1%−2.7% to +0.42%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.14%−0.31% to +0.59%Not distinguishable from zero | +0.74%+0.17% to +1.3%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.52%+0.22% to +0.81%Tentative | +0.66%+0.09% to +1.2%Tentative |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.11%−0.55% to +0.33%Not distinguishable from zero | −0.32%−0.90% to +0.26%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −0.93%−4.1% to +2.2%Not distinguishable from zero | +2.4%−0.89% to +5.6%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −1.6%−2.6% to −0.55%Tentative | −0.69%−1.9% to +0.54%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | +0.58%−0.04% to +1.2%Not distinguishable from zero | −0.18%−0.60% to +0.23%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage pointClear difference | +0.57%+0.17% to +1.0%Tentative | −0.28%−0.54% to −0.03%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.