Compare two stocks
XOM and INTU clearly differ on 4 of 19 forces. The widest gap is euro: in weeks when the euro rose 2% against the U.S. dollar, XOM typically moved −2.0% and INTU +5.1%.
| Economic force | XOMExxonMobil | INTUIntuit |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | 0.00%−1.1% to +1.2%Not distinguishable from zero | −1.2%−2.7% to +0.39%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +2.0%−1.1% to +5.0%Not distinguishable from zero | +2.1%−2.8% to +6.9%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.53%−1.8% to +0.78%Not distinguishable from zero | −0.33%−2.4% to +1.7%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +2.7%+1.4% to +4.1%Clear | +2.3%+0.95% to +3.6%Clear |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +0.68%−1.3% to +2.6%Not distinguishable from zero | +2.0%−1.9% to +5.9%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +0.48%−1.1% to +2.1%Not distinguishable from zero | −2.9%−5.3% to −0.61%Tentative |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −1.2%−2.4% to +0.04%Not distinguishable from zero | +1.3%−0.27% to +2.9%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.31%−0.58% to +1.2%Not distinguishable from zero | −1.4%−3.2% to +0.31%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.13%−0.51% to +0.77%Not distinguishable from zero | +0.15%−1.3% to +1.6%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.48%−0.08% to +1.0%Not distinguishable from zero | −0.26%−1.1% to +0.57%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | +0.02%−0.01% to +0.05%Not distinguishable from zero | +0.05%+0.01% to +0.08%Tentative |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.66%−1.3% to +0.01%Not distinguishable from zero | +0.15%−1.0% to +1.3%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage pointClear difference | +0.49%+0.26% to +0.72%Clear | −0.42%−0.80% to −0.05%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | +1.0%+0.78% to +1.2%Clear | −0.70%−1.2% to −0.21%Tentative |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.26%−0.53% to +0.02%Not distinguishable from zero | −0.89%−1.3% to −0.45%Clear |
| EuroIn weeks when the euro rose 2% against the U.S. dollarClear difference | −2.0%−3.7% to −0.28%Tentative | +5.1%+1.5% to +8.7%Tentative |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.43%−1.2% to +0.37%Not distinguishable from zero | −0.16%−1.3% to +1.0%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage pointClear difference | +0.07%−0.31% to +0.45%Not distinguishable from zero | −0.86%−1.3% to −0.39%Tentative |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.16%+0.02% to +0.30%Tentative | +0.19%−0.07% to +0.45%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.