Computer Communications Equipment

Arista Networks Inc. vs Cisco Systems Inc. Common Stock (DE)

WatchlistANET / CSCOPrices through Oct 22, 2026

Why these are rivals: #1 and #2 by market value ($420B vs $231B) in Nasdaq's "Computer Communications Equipment" industry; SEC SIC 3576 / 3576 (same major group); #1 and #2 by market value ($420B vs $231B) with SEC SIC 3576 (Computer Communications Equipment).

Rivals, but right now the price gap does not have a measured habit of closing, so there is no paper idea, whatever the gap.

  • Co-movement: daily return correlation, 252 sessions: 0.48 (needs >= 0.60)
  • Mean reversion: ADF t-statistic of the spread: -2.52 (needs <= -2.873 (5% critical value))
Business leadership

CSCO is the larger business

Annual revenue reported to the SEC. Scale, not market share.

YearANETCSCOLarger
2025$9.0B$56.7BCSCO
2024$7.0B$53.8BCSCO
2023$5.9B$57.0BCSCO
2022$4.4B$51.6BCSCO
2021$2.9B$49.8BCSCO
2020$2.3B$49.3BCSCO

CSCO led in every year with figures for both. Market value: ANET $230.7B, CSCO $419.9B.

Stock leadership

Neither is clearly ahead

Measured against the pair's own last 252 trading days.

The gap is 0.17 standard deviations, close to the usual relationship. 6 lead switches in the last year.

Price change3 mo6 mo12 mo
ANET-1.7%-0.9%+17.2%
CSCO-8.1%+18.4%+48.3%
Relationship

Not a measured twin today

Only these tests can make a pair tradable on paper.

Pass
Aligned sessions: 2521 (needs >= 254)
Fail
Co-movement: daily return correlation, 252 sessions: 0.48 (needs >= 0.60)
Fail
Mean reversion: ADF t-statistic of the spread: -2.52 (needs <= -2.873 (5% critical value))
Pass
Speed: half-life of the spread, sessions: 19.03 (needs <= 63)
Data
Both stocks current
The twins over two years

Prices side by side, and the gap between them

ANET Arista Networks Inc. CSCO Cisco Systems Inc. Common Stock (DE)Price index, 100 = 2024-10-18. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
100150200Oct 2024Oct 2025Oct 2026ANET 170CSCO 185
Spread z-score: ANET relative to CSCO, against the 252 sessions before each day. Above 0: ANET ahead; below 0: CSCO ahead. Lines at +/-2 (idea) and +/-4 (stop).
-4stop-2idea0+2idea+4stopOct 2024Oct 2025Oct 2026
Data table (504 sessions)
DateANET indexCSCO indexzAhead
2026-10-22170.22184.80-0.17near the usual relationship
2026-10-21183.41188.97+0.24near the usual relationship
2026-10-20180.29188.00+0.14near the usual relationship
2026-10-19182.04187.63+0.23near the usual relationship
2026-10-16176.10189.20-0.11near the usual relationship
2026-10-15184.66193.53+0.08near the usual relationship
2026-10-14194.45200.21+0.21near the usual relationship
2026-10-13203.50202.73+0.46near the usual relationship
2026-10-12209.83203.21+0.66ANET ahead
2026-10-09215.66208.58+0.66ANET ahead
2026-10-08209.92202.41+0.67ANET ahead
2026-10-07214.76206.82+0.67ANET ahead
2026-10-06214.29207.79+0.61ANET ahead
2026-10-05205.87198.77+0.64ANET ahead
2026-10-02206.32197.67+0.69ANET ahead
2026-10-01203.47191.61+0.81ANET ahead
2026-09-30202.58189.62+0.84ANET ahead
2026-09-29201.85188.41+0.86ANET ahead
2026-09-28203.90188.05+0.94ANET ahead
2026-09-25205.52187.98+0.99ANET ahead
2026-09-24204.68188.46+0.94ANET ahead
2026-09-23202.46187.51+0.89ANET ahead
2026-09-22204.17187.53+0.94ANET ahead
2026-09-21204.40196.37+0.61ANET ahead
2026-09-18198.40192.94+0.52ANET ahead
2026-09-17198.54194.22+0.47near the usual relationship
2026-09-16196.56189.82+0.56ANET ahead
2026-09-15191.88193.92+0.23near the usual relationship
2026-09-14186.88193.90+0.04near the usual relationship
2026-09-11198.60197.55+0.32near the usual relationship
2026-09-10188.05189.29+0.24near the usual relationship
2026-09-09191.97192.79+0.25near the usual relationship
2026-09-08193.99192.34+0.33near the usual relationship
2026-09-04192.82192.39+0.28near the usual relationship
2026-09-03190.49191.35+0.23near the usual relationship
2026-09-02185.17192.84-0.02near the usual relationship
2026-09-01188.32193.34+0.07near the usual relationship
2026-08-31194.72194.66+0.25near the usual relationship
2026-08-28194.41193.68+0.27near the usual relationship
2026-08-27200.09197.59+0.33near the usual relationship
2026-08-26201.24197.96+0.35near the usual relationship
2026-08-25189.99195.75+0.04near the usual relationship
2026-08-24187.21194.20-0.01near the usual relationship
2026-08-21187.71195.63-0.05near the usual relationship
2026-08-20182.84193.08-0.14near the usual relationship
2026-08-19185.52194.77-0.10near the usual relationship
2026-08-18192.22196.63+0.06near the usual relationship
2026-08-17200.80198.91+0.27near the usual relationship
2026-08-14197.83196.76+0.24near the usual relationship
2026-08-13202.61199.91+0.29near the usual relationship
2026-08-12209.45218.25-0.07near the usual relationship
2026-08-11196.87212.17-0.29near the usual relationship
2026-08-10190.57215.94-0.63CSCO ahead
2026-08-07187.73213.94-0.67CSCO ahead
2026-08-06191.36212.97-0.52CSCO ahead
2026-08-05196.33214.06-0.39near the usual relationship
2026-08-04189.56214.48-0.63CSCO ahead
2026-08-03183.97204.12-0.51CSCO ahead
2026-07-31179.45204.35-0.68CSCO ahead
2026-07-30170.17200.07-0.89CSCO ahead
2026-07-29157.18198.17-1.36CSCO ahead
2026-07-28168.87203.63-1.08CSCO ahead
2026-07-27169.91201.85-0.98CSCO ahead
2026-07-24173.12201.15-0.84CSCO ahead
2026-07-23175.73198.66-0.66CSCO ahead
2026-07-22174.00197.69-0.69CSCO ahead
2026-07-21173.71197.64-0.70CSCO ahead
2026-07-20168.51195.03-0.82CSCO ahead
2026-07-17167.77197.22-0.93CSCO ahead
2026-07-16167.72193.20-0.79CSCO ahead
2026-07-15171.06196.92-0.79CSCO ahead
2026-07-14181.66206.29-0.70CSCO ahead
2026-07-13180.25210.10-0.87CSCO ahead
2026-07-10186.03213.72-0.78CSCO ahead
2026-07-09183.77208.44-0.69CSCO ahead
2026-07-08180.15200.53-0.56CSCO ahead
2026-07-07165.63196.95-1.00CSCO ahead
2026-07-06172.42200.81-0.86CSCO ahead
2026-07-02159.19198.54-1.32CSCO ahead
2026-07-01165.79206.15-1.30CSCO ahead
2026-06-30169.03206.94-1.20CSCO ahead
2026-06-29163.28207.36-1.44CSCO ahead
2026-06-26156.82200.44-1.49CSCO ahead
2026-06-25164.63209.60-1.46CSCO ahead
2026-06-24160.94210.94-1.65CSCO ahead
2026-06-23161.39213.44-1.71CSCO ahead
2026-06-22173.69214.11-1.24CSCO ahead
2026-06-18168.83210.61-1.32CSCO ahead
2026-06-17164.11206.71-1.38CSCO ahead
2026-06-16167.17210.66-1.39CSCO ahead
2026-06-15168.25211.72-1.38CSCO ahead
2026-06-12162.43213.35-1.67CSCO ahead
2026-06-11155.62214.64-2.01CSCO ahead
2026-06-10151.00209.30-2.06CSCO ahead
2026-06-09151.40212.05-2.15CSCO ahead
2026-06-08155.62218.73-2.19CSCO ahead
2026-06-05153.50214.31-2.17CSCO ahead
2026-06-04165.18229.03-2.14CSCO ahead
2026-06-03173.50222.87-1.61CSCO ahead
2026-06-02174.46225.51-1.65CSCO ahead
2026-06-01169.83213.76-1.47CSCO ahead
2026-05-29158.68212.16-1.90CSCO ahead
2026-05-28154.50209.02-1.99CSCO ahead
2026-05-27153.54210.84-2.11CSCO ahead
2026-05-26157.22208.47-1.87CSCO ahead
2026-05-22153.26212.14-2.19CSCO ahead
2026-05-21147.85208.25-2.34CSCO ahead
2026-05-20139.79201.46-2.54CSCO ahead
2026-05-19140.88203.28-2.58CSCO ahead
2026-05-18141.00209.44-2.84CSCO ahead
2026-05-15141.26208.26-2.83CSCO ahead
2026-05-14147.07203.54-2.38CSCO ahead
2026-05-13139.99179.47-1.81CSCO ahead
2026-05-12141.83174.93-1.52CSCO ahead
2026-05-11135.75173.93-1.82CSCO ahead
2026-05-08141.06170.14-1.35CSCO ahead
2026-05-07141.04162.37-1.00CSCO ahead
2026-05-06146.33161.45-0.67CSCO ahead
2026-05-05169.37166.14+0.23near the usual relationship
2026-05-04171.76163.20+0.48near the usual relationship
2026-05-01171.84161.82+0.55ANET ahead
2026-04-30171.85161.21+0.58ANET ahead
2026-04-29167.84157.80+0.57ANET ahead
2026-04-28164.47153.03+0.66ANET ahead
2026-04-27171.61155.50+0.86ANET ahead
2026-04-24176.03156.82+0.99ANET ahead
2026-04-23171.69156.08+0.85ANET ahead
2026-04-22176.85158.21+0.97ANET ahead
2026-04-21172.00158.03+0.78ANET ahead
2026-04-20166.02154.53+0.69ANET ahead
2026-04-17163.41151.96+0.71ANET ahead
2026-04-16160.21148.87+0.72ANET ahead
2026-04-15153.56145.10+0.61ANET ahead
2026-04-14153.60145.54+0.59ANET ahead
2026-04-13151.26145.08+0.52ANET ahead
2026-04-10146.62144.86+0.32near the usual relationship
2026-04-09145.32146.53+0.19near the usual relationship
2026-04-08144.35147.46+0.11near the usual relationship
2026-04-07132.98142.14-0.18near the usual relationship
2026-04-06125.62141.71-0.53CSCO ahead
2026-04-02126.05139.22-0.38near the usual relationship
2026-04-01124.23137.30-0.38near the usual relationship
2026-03-31122.17136.70-0.45near the usual relationship
2026-03-30115.55135.73-0.75CSCO ahead
2026-03-27120.17140.80-0.73CSCO ahead
2026-03-26121.94144.75-0.81CSCO ahead
2026-03-25134.34144.17-0.16near the usual relationship
2026-03-24130.15142.46-0.29near the usual relationship
2026-03-23135.20138.87+0.12near the usual relationship
2026-03-20130.57136.80+0.00near the usual relationship
2026-03-19135.58138.32+0.17near the usual relationship
2026-03-18135.39136.72+0.24near the usual relationship
2026-03-17132.41139.66-0.02near the usual relationship
2026-03-16134.68139.01+0.12near the usual relationship
2026-03-13132.91138.00+0.09near the usual relationship
2026-03-12133.36136.96+0.16near the usual relationship
2026-03-11137.54137.60+0.33near the usual relationship
2026-03-10138.93136.89+0.42near the usual relationship
2026-03-09136.49134.27+0.44near the usual relationship
2026-03-06132.23138.55+0.06near the usual relationship
2026-03-05138.71140.96+0.25near the usual relationship
2026-03-04134.16142.48-0.01near the usual relationship
2026-03-03123.98139.11-0.33near the usual relationship
2026-03-02128.66139.92-0.14near the usual relationship
2026-02-27132.84139.99+0.05near the usual relationship
2026-02-26129.60137.60+0.01near the usual relationship
2026-02-25132.23139.39+0.05near the usual relationship
2026-02-24128.13137.67-0.06near the usual relationship
2026-02-23126.80136.96-0.09near the usual relationship
2026-02-20132.13139.53+0.04near the usual relationship
2026-02-19136.55138.41+0.29near the usual relationship
2026-02-18138.85137.74+0.42near the usual relationship
2026-02-17141.87135.39+0.65ANET ahead
2026-02-13140.89135.39+0.61ANET ahead
2026-02-12134.45132.14+0.48near the usual relationship
2026-02-11139.96150.70-0.07near the usual relationship
2026-02-10142.74152.03-0.01near the usual relationship
2026-02-09141.03152.89-0.12near the usual relationship
2026-02-06136.81149.44-0.16near the usual relationship
2026-02-05128.03145.10-0.39near the usual relationship
2026-02-04129.63142.99-0.23near the usual relationship
2026-02-03138.70146.42+0.03near the usual relationship
2026-02-02137.68142.07+0.16near the usual relationship
2026-01-30141.03137.98+0.48near the usual relationship
2026-01-29147.41138.18+0.73ANET ahead
2026-01-28149.40139.11+0.77ANET ahead
2026-01-27145.96138.62+0.65ANET ahead
2026-01-26143.00135.68+0.66ANET ahead
2026-01-23135.66131.41+0.53ANET ahead
2026-01-22137.72130.95+0.63ANET ahead
2026-01-21126.66129.83+0.19near the usual relationship
2026-01-20126.89129.23+0.22near the usual relationship
2026-01-16129.18132.47+0.18near the usual relationship
2026-01-15129.94132.58+0.21near the usual relationship
2026-01-14124.47131.10+0.02near the usual relationship
2026-01-13129.28132.96+0.15near the usual relationship
2026-01-12122.81130.39-0.03near the usual relationship
2026-01-09122.28130.16-0.05near the usual relationship
2026-01-08123.10130.30-0.02near the usual relationship
2026-01-07129.43131.64+0.20near the usual relationship
2026-01-06131.92132.54+0.27near the usual relationship
2026-01-05136.51133.16+0.44near the usual relationship
2026-01-02132.94133.97+0.25near the usual relationship
2025-12-31130.38135.71+0.06near the usual relationship
2025-12-30131.78136.38+0.09near the usual relationship
2025-12-29133.48137.05+0.14near the usual relationship
2025-12-26131.18137.70+0.01near the usual relationship
2025-12-24130.12137.46-0.03near the usual relationship
2025-12-23130.67137.46-0.01near the usual relationship
2025-12-22130.08137.61-0.05near the usual relationship
2025-12-19130.47138.16-0.06near the usual relationship
2025-12-18124.00135.57-0.24near the usual relationship
2025-12-17121.75133.90-0.28near the usual relationship
2025-12-16125.50136.63-0.22near the usual relationship
2025-12-15125.26137.86-0.29near the usual relationship
2025-12-12124.14137.07-0.31near the usual relationship
2025-12-11133.72139.66+0.01near the usual relationship
2025-12-10131.70141.38-0.15near the usual relationship
2025-12-09129.39140.08-0.20near the usual relationship
2025-12-08128.47138.94-0.20near the usual relationship
2025-12-05127.95137.37-0.16near the usual relationship
2025-12-04127.91137.00-0.15near the usual relationship
2025-12-03127.16136.98-0.18near the usual relationship
2025-12-02126.59135.43-0.14near the usual relationship
2025-12-01127.47133.97-0.04near the usual relationship
2025-11-28130.03135.55+0.01near the usual relationship
2025-11-26127.01134.02-0.06near the usual relationship
2025-11-25124.42134.46-0.20near the usual relationship
2025-11-24121.56134.32-0.33near the usual relationship
2025-11-21116.85134.07-0.55CSCO ahead
2025-11-20119.00132.91-0.39near the usual relationship
2025-11-19124.19138.11-0.37near the usual relationship
2025-11-18122.84136.31-0.36near the usual relationship
2025-11-17126.63137.03-0.21near the usual relationship
2025-11-14130.72137.42-0.05near the usual relationship
2025-11-13129.65136.33-0.05near the usual relationship
2025-11-12134.31130.30+0.41near the usual relationship
2025-11-11134.26126.34+0.59ANET ahead
2025-11-10136.58127.01+0.65ANET ahead
2025-11-07133.98125.21+0.63ANET ahead
2025-11-06133.35125.16+0.61ANET ahead
2025-11-05139.72127.03+0.79ANET ahead
2025-11-04152.79127.41+1.29ANET ahead
2025-11-03156.81131.17+1.28ANET ahead
2025-10-31156.91128.81+1.40ANET ahead
2025-10-30157.65128.45+1.46ANET ahead
2025-10-29161.22125.67+1.73ANET ahead
2025-10-28155.99127.94+1.44ANET ahead
2025-10-27156.03125.78+1.56ANET ahead
2025-10-24153.05124.44+1.52ANET ahead
2025-10-23152.00123.80+1.52ANET ahead
2025-10-22145.86124.49+1.25ANET ahead
2025-10-21145.21124.59+1.22ANET ahead
2025-10-20145.75124.47+1.26ANET ahead
2025-10-17142.39123.56+1.17ANET ahead
2025-10-16145.28121.72+1.38ANET ahead
2025-10-15142.67122.48+1.24ANET ahead
2025-10-14138.10120.97+1.12ANET ahead
2025-10-13146.72118.85+1.60ANET ahead
2025-10-10153.33119.70+1.84ANET ahead
2025-10-09157.44123.26+1.84ANET ahead
2025-10-08156.58123.91+1.79ANET ahead
2025-10-07144.57121.54+1.42ANET ahead
2025-10-06148.76121.41+1.62ANET ahead
2025-10-03144.78119.66+1.55ANET ahead
2025-10-02143.74120.35+1.48ANET ahead
2025-10-01148.53121.12+1.66ANET ahead
2025-09-30144.99120.54+1.54ANET ahead
2025-09-29142.66119.31+1.52ANET ahead
2025-09-26141.79118.43+1.53ANET ahead
2025-09-25142.35119.54+1.51ANET ahead
2025-09-24141.93118.60+1.55ANET ahead
2025-09-23143.37118.99+1.60ANET ahead
2025-09-22144.68119.36+1.66ANET ahead
2025-09-19148.87120.17+1.81ANET ahead
2025-09-18145.93121.00+1.65ANET ahead
2025-09-17142.13119.31+1.58ANET ahead
2025-09-16141.45117.92+1.64ANET ahead
2025-09-15144.71118.08+1.80ANET ahead
2025-09-12138.70117.21+1.58ANET ahead
2025-09-11152.28119.26+2.11ANET ahead
2025-09-10149.97120.03+1.99ANET ahead
2025-09-09141.20118.64+1.68ANET ahead
2025-09-08139.31117.83+1.65ANET ahead
2025-09-05142.14117.86+1.80ANET ahead
2025-09-04140.47119.79+1.62ANET ahead
2025-09-03136.70119.22+1.47ANET ahead
2025-09-02135.19119.45+1.39ANET ahead
2025-08-29135.87121.72+1.31ANET ahead
2025-08-28135.55122.32+1.26ANET ahead
2025-08-27132.61120.58+1.21ANET ahead
2025-08-26133.60120.49+1.28ANET ahead
2025-08-25132.38118.29+1.35ANET ahead
2025-08-22132.59118.60+1.35ANET ahead
2025-08-21131.37118.08+1.32ANET ahead
2025-08-20130.82118.23+1.29ANET ahead
2025-08-19132.12117.62+1.41ANET ahead
2025-08-18137.35117.95+1.67ANET ahead
2025-08-15136.62116.63+1.72ANET ahead
2025-08-14135.80122.09+1.35ANET ahead
2025-08-13137.32124.03+1.32ANET ahead
2025-08-12140.55125.76+1.40ANET ahead
2025-08-11136.97124.51+1.29ANET ahead
2025-08-08138.49126.48+1.26ANET ahead
2025-08-07138.59123.15+1.47ANET ahead
2025-08-06138.09121.93+1.52ANET ahead
2025-08-05117.53118.96+0.52ANET ahead
2025-08-04119.75120.67+0.55ANET ahead
2025-08-01116.99118.23+0.53ANET ahead
2025-07-31122.61119.94+0.77ANET ahead
2025-07-30121.48120.29+0.69ANET ahead
2025-07-29118.03119.73+0.51ANET ahead
2025-07-28116.97119.66+0.45near the usual relationship
2025-07-25113.71121.02+0.15near the usual relationship
2025-07-24113.47120.31+0.18near the usual relationship
2025-07-23112.48120.89+0.07near the usual relationship
2025-07-22109.23120.08-0.09near the usual relationship
2025-07-21111.05120.40+0.01near the usual relationship
2025-07-18111.22119.89+0.04near the usual relationship
2025-07-17111.42120.33+0.03near the usual relationship
2025-07-16107.76118.69-0.12near the usual relationship
2025-07-15106.84118.36-0.17near the usual relationship
2025-07-14107.83119.49-0.18near the usual relationship
2025-07-11108.03119.71-0.18near the usual relationship
2025-07-10105.76121.14-0.43near the usual relationship
2025-07-09105.75122.04-0.49near the usual relationship
2025-07-08102.88120.84-0.62CSCO ahead
2025-07-07100.97121.44-0.80CSCO ahead
2025-07-03102.01122.22-0.77CSCO ahead
2025-07-02100.63120.84-0.80CSCO ahead
2025-07-0198.42121.74-1.02CSCO ahead
2025-06-30101.80122.23-0.81CSCO ahead
2025-06-2798.90120.95-0.95CSCO ahead
2025-06-26101.08121.48-0.83CSCO ahead
2025-06-2595.83120.14-1.14CSCO ahead
2025-06-2494.50119.61-1.22CSCO ahead
2025-06-2391.49118.71-1.41CSCO ahead
2025-06-2085.82116.84-1.78CSCO ahead
2025-06-1889.79116.00-1.41CSCO ahead
2025-06-1789.23115.10-1.41CSCO ahead
2025-06-1694.62115.42-1.01CSCO ahead
2025-06-1391.89112.91-1.07CSCO ahead
2025-06-1295.29114.69-0.92CSCO ahead
2025-06-1193.74113.09-0.94CSCO ahead
2025-06-1093.23114.78-1.10CSCO ahead
2025-06-0996.32116.10-0.95CSCO ahead
2025-06-0696.77116.38-0.93CSCO ahead
2025-06-0594.71113.85-0.93CSCO ahead
2025-06-0494.47113.44-0.93CSCO ahead
2025-06-0394.03113.39-0.96CSCO ahead
2025-06-0289.33112.49-1.30CSCO ahead
2025-05-3086.21111.06-1.48CSCO ahead
2025-05-2985.94111.08-1.52CSCO ahead
2025-05-2892.33111.59-1.02CSCO ahead
2025-05-2792.03112.32-1.10CSCO ahead
2025-05-2390.75111.19-1.13CSCO ahead
2025-05-2292.10111.63-1.06CSCO ahead
2025-05-2191.97111.35-1.05CSCO ahead
2025-05-2095.19111.73-0.82CSCO ahead
2025-05-1996.22112.61-0.80CSCO ahead
2025-05-1695.94112.09-0.79CSCO ahead
2025-05-1595.59113.21-0.90CSCO ahead
2025-05-1497.73107.98-0.37near the usual relationship
2025-05-1396.77108.84-0.51CSCO ahead
2025-05-1291.86108.65-0.89CSCO ahead
2025-05-0986.09105.30-1.15CSCO ahead
2025-05-0886.84105.20-1.08CSCO ahead
2025-05-0786.02104.95-1.13CSCO ahead
2025-05-0690.32104.33-0.71CSCO ahead
2025-05-0589.93104.51-0.75CSCO ahead
2025-05-0290.57104.53-0.69CSCO ahead
2025-05-0187.40102.40-0.80CSCO ahead
2025-04-3081.86101.71-1.24CSCO ahead
2025-04-2980.33101.02-1.33CSCO ahead
2025-04-2877.92100.14-1.48CSCO ahead
2025-04-2577.5299.91-1.50CSCO ahead
2025-04-2474.9299.17-1.69CSCO ahead
2025-04-2370.4198.01-2.07CSCO ahead
2025-04-2268.3396.97-2.23CSCO ahead
2025-04-2167.3395.79-2.26CSCO ahead
2025-04-1770.8598.24-2.08CSCO ahead
2025-04-1671.5198.24-2.01CSCO ahead
2025-04-1572.84100.78-2.08CSCO ahead
2025-04-1473.22101.15-2.09CSCO ahead
2025-04-1172.31101.00-2.19CSCO ahead
2025-04-1072.2999.70-2.11CSCO ahead
2025-04-0975.62102.41-1.99CSCO ahead
2025-04-0869.1593.71-2.01CSCO ahead
2025-04-0767.8395.86-2.37CSCO ahead
2025-04-0464.0596.09-2.90CSCO ahead
2025-04-0370.92100.97-2.51CSCO ahead
2025-04-0279.76108.91-2.19CSCO ahead
2025-04-0178.10108.88-2.38CSCO ahead
2025-03-3177.09108.72-2.50CSCO ahead
2025-03-2877.55107.22-2.36CSCO ahead
2025-03-2778.57108.17-2.36CSCO ahead
2025-03-2681.25108.88-2.15CSCO ahead
2025-03-2586.51107.45-1.50CSCO ahead
2025-03-2487.07107.42-1.44CSCO ahead
2025-03-2182.72106.24-1.80CSCO ahead
2025-03-2082.56106.80-1.87CSCO ahead
2025-03-1984.00107.68-1.80CSCO ahead
2025-03-1883.57106.24-1.73CSCO ahead
2025-03-1784.67107.28-1.70CSCO ahead
2025-03-1483.09106.59-1.81CSCO ahead
2025-03-1379.74105.13-2.05CSCO ahead
2025-03-1279.85106.52-2.16CSCO ahead
2025-03-1178.74106.89-2.33CSCO ahead
2025-03-1077.17109.34-2.75CSCO ahead
2025-03-0782.95112.65-2.39CSCO ahead
2025-03-0683.92111.72-2.22CSCO ahead
2025-03-0587.38112.68-1.95CSCO ahead
2025-03-0485.09111.45-2.10CSCO ahead
2025-03-0385.58111.84-2.09CSCO ahead
2025-02-2892.59112.95-1.45CSCO ahead
2025-02-2791.11112.42-1.56CSCO ahead
2025-02-2695.90112.90-1.12CSCO ahead
2025-02-2592.42113.23-1.48CSCO ahead
2025-02-2492.23111.42-1.33CSCO ahead
2025-02-2197.81112.72-0.90CSCO ahead
2025-02-20102.89113.94-0.53CSCO ahead
2025-02-19103.40114.24-0.50CSCO ahead
2025-02-18110.51113.79+0.12near the usual relationship
2025-02-14106.34114.29-0.24near the usual relationship
2025-02-13109.20112.47+0.13near the usual relationship
2025-02-12109.09110.17+0.31near the usual relationship
2025-02-11116.26109.99+0.87ANET ahead
2025-02-10119.63110.66+1.07ANET ahead
2025-02-07117.88109.71+1.03ANET ahead
2025-02-06114.70109.71+0.80ANET ahead
2025-02-05114.92110.24+0.78ANET ahead
2025-02-04111.76108.07+0.72ANET ahead
2025-02-03110.95107.54+0.71ANET ahead
2025-01-31114.66106.77+1.04ANET ahead
2025-01-30113.29106.54+0.97ANET ahead
2025-01-29107.30104.92+0.66ANET ahead
2025-01-28106.01104.70+0.58ANET ahead
2025-01-2799.80104.09+0.16near the usual relationship
2025-01-24128.53109.64+1.75ANET ahead
2025-01-23128.48109.64+1.76ANET ahead
2025-01-22129.17108.58+1.89ANET ahead
2025-01-21120.90107.52+1.46ANET ahead
2025-01-17119.35106.11+1.47ANET ahead
2025-01-16117.54105.39+1.41ANET ahead
2025-01-15115.52105.67+1.26ANET ahead
2025-01-14114.34104.53+1.27ANET ahead
2025-01-13112.08103.52+1.20ANET ahead
2025-01-10113.77103.49+1.32ANET ahead
2025-01-08114.94104.30+1.35ANET ahead
2025-01-07114.72103.82+1.37ANET ahead
2025-01-06118.39103.54+1.63ANET ahead
2025-01-03114.63103.70+1.38ANET ahead
2025-01-02111.23104.12+1.13ANET ahead
2024-12-31109.98104.30+1.04ANET ahead
2024-12-30110.90104.28+1.11ANET ahead
2024-12-27112.47105.02+1.16ANET ahead
2024-12-26114.29105.67+1.24ANET ahead
2024-12-24114.08105.44+1.25ANET ahead
2024-12-23112.53103.91+1.26ANET ahead
2024-12-20112.25103.10+1.30ANET ahead
2024-12-19108.53101.53+1.18ANET ahead
2024-12-18107.53101.36+1.14ANET ahead
2024-12-17112.39103.10+1.33ANET ahead
2024-12-16115.95102.80+1.57ANET ahead
2024-12-13111.81103.28+1.30ANET ahead
2024-12-12106.35103.68+0.94ANET ahead
2024-12-11106.70103.22+1.00ANET ahead
2024-12-10104.26103.45+0.84ANET ahead
2024-12-09105.39103.86+0.89ANET ahead
2024-12-06107.71105.51+0.93ANET ahead
2024-12-05106.30105.74+0.84ANET ahead
2024-12-04104.91105.04+0.80ANET ahead
2024-12-03103.10104.79+0.71ANET ahead
2024-12-02102.01104.70+0.65ANET ahead
2024-11-29100.95104.32+0.62ANET ahead
2024-11-27100.07104.46+0.56ANET ahead
2024-11-26101.57104.99+0.63ANET ahead
2024-11-2599.43103.49+0.59ANET ahead
2024-11-22101.11103.15+0.72ANET ahead
2024-11-21100.74101.41+0.81ANET ahead
2024-11-2094.95101.30+0.46near the usual relationship
2024-11-1993.96100.44+0.46near the usual relationship
2024-11-1892.16100.97+0.32near the usual relationship
2024-11-1593.13101.23+0.37near the usual relationship
2024-11-1496.01102.04+0.51ANET ahead
2024-11-1398.30104.26+0.52ANET ahead
2024-11-1298.40103.44+0.58ANET ahead
2024-11-1198.83103.29+0.62ANET ahead
2024-11-0899.61102.29+0.72ANET ahead
2024-11-07107.22102.33+1.13ANET ahead
2024-11-06105.25101.96+1.06ANET ahead
2024-11-05100.7898.94+0.99ANET ahead
2024-11-0498.2398.36+0.89ANET ahead
2024-11-0198.0597.78+0.91ANET ahead
2024-10-3196.1396.49+0.88ANET ahead
2024-10-3098.5197.94+0.94ANET ahead
2024-10-2999.8998.10+1.00ANET ahead
2024-10-2897.6197.39+0.92ANET ahead
2024-10-2598.0398.20+0.90ANET ahead
2024-10-2498.4398.59+0.91ANET ahead
2024-10-2398.0299.15+0.86ANET ahead
2024-10-2298.6599.72+0.87ANET ahead
2024-10-21101.0099.70+0.99ANET ahead
2024-10-18100.00100.00+0.93ANET ahead

One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Jan 27, 2025 (ANET -22.4%, CSCO -5.1%); Aug 6, 2025 (ANET +17.5%, CSCO +2.5%); May 6, 2026 (ANET -13.6%, CSCO -2.8%). Upcoming earnings: ANET Nov 3, 2026 (after-hours).

Paired trades

The shared paper book and the replay, kept apart

Forward paper record

No paper position on this pair yet.

Historical simulation (a diagnostic, same rules)

No simulated trade through Oct 20, 2026: the pair rarely passed every test while 2 standard deviations apart.

Per $10,000 a leg. A replay on today's companies cannot prove an edge.

The companies

ANET and CSCO at a glance

ANET Arista Networks Inc.

Listing
NYSE · SEC CIK 1596532
Industry
Computer Communications Equipment · SIC 3576 Computer Communications Equipment
Market value
$230.7B
Price history
2,521 daily closes, Oct 12, 2016 to Oct 22, 2026

CSCO Cisco Systems Inc. Common Stock (DE)

Listing
Nasdaq · SEC CIK 858877
Industry
Computer Communications Equipment · SIC 3576 Computer Communications Equipment
Market value
$419.9B
Price history
2,521 daily closes, Oct 12, 2016 to Oct 22, 2026

Daily prices: Nasdaq.com. Filings and industry codes: SEC EDGAR. Earnings dates: Nasdaq earnings calendar.

Related
All pairs →
PairStatusAhead nowIndustry
CSCO / FFIVWatchlistFFIV by 2.45 sdComputer Communications Equipment
ANET / FFIVWatchlistFFIV by 1.95 sdComputer Communications Equipment

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Paper only: hypothetical paired positions with modelled costs. No broker, no orders, no real money. A historical simulation is a diagnostic, not proof of an edge. Not investment advice.