When Confidence Breaks, These Stocks Break Away

Preliminary April data shows the sharpest quarterly drop in the University of Michigan Consumer Sentiment Index since May 2020.



Using Sismo, a 15-year quarterly analysis of Russell 1000 stocks was run to identify the 50 names least correlated with changes in consumer confidence - those that historically show low or even negative sensitivity to sentiment shifts.


These stocks were then mapped onto the chart below:



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What you’re seeing:


• The full distribution of 1-week total returns (Monday to Monday) for Russell 1000 stocks

• From weakest on the left to strongest on the right

• The 50 least confidence-correlated stocks are framed in white


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What stands out:


76% of these confidence-resilient stocks outperformed the index average last week. Names like Netflix, Dollar General, and Kroger appear clearly on the right - showing that not all stocks fall with sentiment.



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This is the type of macro-aware, data-structured signal Sismo helps surface in seconds - and it’s built for fundamental investors.

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