Compare two stocks
XYZ and INCY 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, XYZ typically moved −0.21% and INCY +0.36%.
| Economic force | XYZBlock, Inc. | INCYIncyte |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −2.7%−4.6% to −0.76%Tentative | −3.3%−4.6% to −2.0%Clear |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +2.2%−2.3% to +6.8%Not distinguishable from zero | +3.7%−0.23% to +7.6%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | +0.28%−2.1% to +2.7%Not distinguishable from zero | −0.11%−1.8% to +1.6%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −0.46%−2.0% to +1.1%Not distinguishable from zero | −1.0%−1.9% to −0.14%Tentative |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −4.1%−9.6% to +1.4%Not distinguishable from zero | −4.2%−7.8% to −0.62%Tentative |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −2.7%−6.0% to +0.59%Not distinguishable from zero | +0.14%−2.4% to +2.7%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | +0.58%−0.86% to +2.0%Not distinguishable from zero | +0.17%−1.0% to +1.3%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −0.58%−2.5% to +1.3%Not distinguishable from zero | +0.76%−0.92% to +2.4%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.32%−1.3% to +1.9%Not distinguishable from zero | −1.2%−2.4% to −0.03%Tentative |
| CopperIn weeks when the price of copper rose 5% | +0.26%−0.87% to +1.4%Not distinguishable from zero | −0.79%−1.7% to +0.08%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | 0.00%−0.06% to +0.06%Not distinguishable from zero | −0.07%−0.11% to −0.03%Tentative |
| BitcoinIn weeks when the price of bitcoin rose 10% | +1.5%+0.22% to +2.9%Tentative | −0.34%−1.4% to +0.69%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.31%−0.27% to +0.89%Not distinguishable from zero | +0.93%+0.59% to +1.3%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | 0.00%−0.49% to +0.48%Not distinguishable from zero | +0.70%+0.30% to +1.1%Tentative |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.28%−0.72% to +0.17%Not distinguishable from zero | −0.56%−0.87% to −0.26%Clear |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | +2.7%−1.9% to +7.4%Not distinguishable from zero | −0.13%−3.1% to +2.8%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −1.1%−2.4% to +0.23%Not distinguishable from zero | +0.40%−0.68% to +1.5%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.41%−0.89% to +0.07%Not distinguishable from zero | −0.18%−0.69% to +0.32%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage pointClear difference | −0.21%−0.51% to +0.08%Not distinguishable from zero | +0.36%+0.14% to +0.58%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.