Computer Communications Equipment

Arista Networks Inc. vs F5 Inc.

WatchlistANET / FFIVPrices through Oct 22, 2026

Why these are rivals: #2 and #3 by market value ($231B vs $26B) in Nasdaq's "Computer Communications Equipment" industry; SEC SIC 3576 / 3576 (same major group); #2 and #3 by market value ($231B vs $26B) 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: 0.36 (needs >= 0.60)
  • Mean reversion: ADF t-statistic of the spread: -2.36 (needs <= -2.873 (5% critical value))
Business leadership

ANET is the larger business

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

YearANETFFIVLarger
2025$9.0B$3.1BANET
2024$7.0B$2.8BANET
2023$5.9B$2.8BANET
2022$4.4B$2.7BANET
2021$2.9B$2.6BANET
2020$2.3B$2.4BFFIV

Revenue lead switched: 2020 to FFIV, 2021 to ANET. Market value: ANET $230.7B, FFIV $25.5B.

Stock leadership

FFIV is ahead now

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

FFIV leads ANET by 1.95 standard deviations: +24.2% over its usual price ratio. 3 lead switches in the last year.

Price change3 mo6 mo12 mo
ANET-1.7%-0.9%+17.2%
FFIV+14.8%+50.1%+50.4%
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: 0.36 (needs >= 0.60)
Fail
Mean reversion: ADF t-statistic of the spread: -2.36 (needs <= -2.873 (5% critical value))
Pass
Speed: half-life of the spread, sessions: 16.61 (needs <= 63)
Data
Both stocks current
The twins over two years

Prices side by side, and the gap between them

ANET Arista Networks Inc. FFIV F5 Inc.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 170FFIV 207
Spread z-score: ANET relative to FFIV, against the 252 sessions before each day. Above 0: ANET ahead; below 0: FFIV ahead. Lines at +/-2 (idea) and +/-4 (stop).
-4stop-2idea0+2idea+4stopOct 2024Oct 2025Oct 2026
Data table (504 sessions)
DateANET indexFFIV indexzAhead
2026-10-22170.22206.95-1.95FFIV ahead
2026-10-21183.41210.87-1.46FFIV ahead
2026-10-20180.29210.00-1.59FFIV ahead
2026-10-19182.04207.28-1.40FFIV ahead
2026-10-16176.10203.25-1.53FFIV ahead
2026-10-15184.66209.94-1.39FFIV ahead
2026-10-14194.45210.25-0.94FFIV ahead
2026-10-13203.50218.98-0.90FFIV ahead
2026-10-12209.83217.72-0.56FFIV ahead
2026-10-09215.66220.63-0.43near the usual relationship
2026-10-08209.92212.28-0.33near the usual relationship
2026-10-07214.76214.57-0.22near the usual relationship
2026-10-06214.29216.02-0.30near the usual relationship
2026-10-05205.87210.84-0.44near the usual relationship
2026-10-02206.32208.77-0.33near the usual relationship
2026-10-01203.47204.01-0.24near the usual relationship
2026-09-30202.58204.70-0.31near the usual relationship
2026-09-29201.85201.43-0.20near the usual relationship
2026-09-28203.90200.28-0.05near the usual relationship
2026-09-25205.52203.72-0.13near the usual relationship
2026-09-24204.68205.33-0.24near the usual relationship
2026-09-23202.46209.67-0.53FFIV ahead
2026-09-22204.17208.45-0.40near the usual relationship
2026-09-21204.40206.96-0.32near the usual relationship
2026-09-18198.40198.65-0.22near the usual relationship
2026-09-17198.54199.84-0.27near the usual relationship
2026-09-16196.56194.77-0.12near the usual relationship
2026-09-15191.88198.12-0.49near the usual relationship
2026-09-14186.88189.21-0.32near the usual relationship
2026-09-11198.60189.31+0.23near the usual relationship
2026-09-10188.05183.23+0.04near the usual relationship
2026-09-09191.97186.05+0.09near the usual relationship
2026-09-08193.99179.15+0.53ANET ahead
2026-09-04192.82179.54+0.46near the usual relationship
2026-09-03190.49180.32+0.31near the usual relationship
2026-09-02185.17179.82+0.08near the usual relationship
2026-09-01188.32181.96+0.13near the usual relationship
2026-08-31194.72187.20+0.18near the usual relationship
2026-08-28194.41181.28+0.46near the usual relationship
2026-08-27200.09188.62+0.37near the usual relationship
2026-08-26201.24183.74+0.66ANET ahead
2026-08-25189.99175.99+0.54ANET ahead
2026-08-24187.21174.29+0.50ANET ahead
2026-08-21187.71176.86+0.40near the usual relationship
2026-08-20182.84173.71+0.33near the usual relationship
2026-08-19185.52175.94+0.35near the usual relationship
2026-08-18192.22180.99+0.41near the usual relationship
2026-08-17200.80181.87+0.77ANET ahead
2026-08-14197.83185.40+0.47near the usual relationship
2026-08-13202.61191.28+0.41near the usual relationship
2026-08-12209.45194.48+0.56ANET ahead
2026-08-11196.87190.36+0.20near the usual relationship
2026-08-10190.57188.52+0.00near the usual relationship
2026-08-07187.73184.03+0.08near the usual relationship
2026-08-06191.36189.93-0.02near the usual relationship
2026-08-05196.33189.13+0.25near the usual relationship
2026-08-04189.56189.56-0.07near the usual relationship
2026-08-03183.97186.84-0.20near the usual relationship
2026-07-31179.45185.11-0.33near the usual relationship
2026-07-30170.17178.75-0.48near the usual relationship
2026-07-29157.18177.92-1.12FFIV ahead
2026-07-28168.87185.52-0.86FFIV ahead
2026-07-27169.91187.59-0.89FFIV ahead
2026-07-24173.12180.34-0.39near the usual relationship
2026-07-23175.73178.44-0.16near the usual relationship
2026-07-22174.00184.21-0.50FFIV ahead
2026-07-21173.71187.94-0.68FFIV ahead
2026-07-20168.51189.41-0.99FFIV ahead
2026-07-17167.77188.11-0.96FFIV ahead
2026-07-16167.72185.49-0.84FFIV ahead
2026-07-15171.06193.80-1.02FFIV ahead
2026-07-14181.66198.30-0.71FFIV ahead
2026-07-13180.25193.56-0.57FFIV ahead
2026-07-10186.03197.90-0.48near the usual relationship
2026-07-09183.77197.87-0.57FFIV ahead
2026-07-08180.15192.73-0.50FFIV ahead
2026-07-07165.63191.79-1.11FFIV ahead
2026-07-06172.42192.68-0.82FFIV ahead
2026-07-02159.19187.67-1.21FFIV ahead
2026-07-01165.79195.04-1.18FFIV ahead
2026-06-30169.03191.26-0.88FFIV ahead
2026-06-29163.28188.78-1.03FFIV ahead
2026-06-26156.82181.41-1.02FFIV ahead
2026-06-25164.63177.49-0.48near the usual relationship
2026-06-24160.94176.93-0.61FFIV ahead
2026-06-23161.39179.11-0.65FFIV ahead
2026-06-22173.69179.91-0.16near the usual relationship
2026-06-18168.83177.25-0.24near the usual relationship
2026-06-17164.11176.97-0.41near the usual relationship
2026-06-16167.17178.80-0.34near the usual relationship
2026-06-15168.25182.46-0.42near the usual relationship
2026-06-12162.43182.16-0.64FFIV ahead
2026-06-11155.62181.09-0.86FFIV ahead
2026-06-10151.00179.68-1.00FFIV ahead
2026-06-09151.40181.73-1.05FFIV ahead
2026-06-08155.62182.17-0.87FFIV ahead
2026-06-05153.50180.87-0.90FFIV ahead
2026-06-04165.18187.91-0.67FFIV ahead
2026-06-03173.50186.53-0.30near the usual relationship
2026-06-02174.46188.12-0.31near the usual relationship
2026-06-01169.83181.91-0.26near the usual relationship
2026-05-29158.68176.32-0.47near the usual relationship
2026-05-28154.50176.31-0.62FFIV ahead
2026-05-27153.54178.48-0.72FFIV ahead
2026-05-26157.22182.55-0.71FFIV ahead
2026-05-22153.26181.00-0.80FFIV ahead
2026-05-21147.85176.43-0.85FFIV ahead
2026-05-20139.79175.84-1.16FFIV ahead
2026-05-19140.88176.34-1.12FFIV ahead
2026-05-18141.00174.61-1.05FFIV ahead
2026-05-15141.26166.72-0.77FFIV ahead
2026-05-14147.07167.64-0.56FFIV ahead
2026-05-13139.99164.34-0.72FFIV ahead
2026-05-12141.83163.22-0.60FFIV ahead
2026-05-11135.75164.75-0.90FFIV ahead
2026-05-08141.06162.79-0.60FFIV ahead
2026-05-07141.04158.64-0.45near the usual relationship
2026-05-06146.33156.81-0.17near the usual relationship
2026-05-05169.37156.29+0.67ANET ahead
2026-05-04171.76151.71+0.92ANET ahead
2026-05-01171.84148.61+1.05ANET ahead
2026-04-30171.85148.93+1.04ANET ahead
2026-04-29167.84150.89+0.84ANET ahead
2026-04-28164.47139.69+1.16ANET ahead
2026-04-27171.61136.90+1.50ANET ahead
2026-04-24176.03139.40+1.55ANET ahead
2026-04-23171.69137.89+1.47ANET ahead
2026-04-22176.85143.08+1.44ANET ahead
2026-04-21172.00145.10+1.22ANET ahead
2026-04-20166.02144.38+1.07ANET ahead
2026-04-17163.41142.94+1.05ANET ahead
2026-04-16160.21141.65+1.00ANET ahead
2026-04-15153.56137.53+0.94ANET ahead
2026-04-14153.60135.73+1.01ANET ahead
2026-04-13151.26137.06+0.89ANET ahead
2026-04-10146.62133.26+0.88ANET ahead
2026-04-09145.32135.46+0.76ANET ahead
2026-04-08144.35140.13+0.57ANET ahead
2026-04-07132.98142.13+0.11near the usual relationship
2026-04-06125.62141.46-0.14near the usual relationship
2026-04-02126.05139.48-0.05near the usual relationship
2026-04-01124.23135.94+0.01near the usual relationship
2026-03-31122.17133.04+0.04near the usual relationship
2026-03-30115.55128.62-0.05near the usual relationship
2026-03-27120.17129.66+0.10near the usual relationship
2026-03-26121.94134.79-0.01near the usual relationship
2026-03-25134.34136.96+0.37near the usual relationship
2026-03-24130.15132.90+0.37near the usual relationship
2026-03-23135.20133.23+0.54ANET ahead
2026-03-20130.57130.72+0.47near the usual relationship
2026-03-19135.58133.48+0.56ANET ahead
2026-03-18135.39129.76+0.69ANET ahead
2026-03-17132.41131.52+0.53ANET ahead
2026-03-16134.68130.46+0.65ANET ahead
2026-03-13132.91133.03+0.51ANET ahead
2026-03-12133.36129.98+0.63ANET ahead
2026-03-11137.54133.12+0.67ANET ahead
2026-03-10138.93131.57+0.77ANET ahead
2026-03-09136.49131.20+0.71ANET ahead
2026-03-06132.23131.61+0.56ANET ahead
2026-03-05138.71130.42+0.82ANET ahead
2026-03-04134.16131.56+0.64ANET ahead
2026-03-03123.98129.46+0.37near the usual relationship
2026-03-02128.66127.83+0.60ANET ahead
2026-02-27132.84124.77+0.85ANET ahead
2026-02-26129.60127.61+0.65ANET ahead
2026-02-25132.23128.08+0.73ANET ahead
2026-02-24128.13125.08+0.70ANET ahead
2026-02-23126.80123.93+0.70ANET ahead
2026-02-20132.13128.01+0.74ANET ahead
2026-02-19136.55128.38+0.88ANET ahead
2026-02-18138.85127.69+0.99ANET ahead
2026-02-17141.87124.42+1.21ANET ahead
2026-02-13140.89125.96+1.13ANET ahead
2026-02-12134.45120.48+1.13ANET ahead
2026-02-11139.96129.98+0.97ANET ahead
2026-02-10142.74129.84+1.07ANET ahead
2026-02-09141.03128.17+1.09ANET ahead
2026-02-06136.81127.17+0.99ANET ahead
2026-02-05128.03124.71+0.79ANET ahead
2026-02-04129.63127.13+0.76ANET ahead
2026-02-03138.70126.28+1.10ANET ahead
2026-02-02137.68129.08+0.98ANET ahead
2026-01-30141.03126.73+1.18ANET ahead
2026-01-29147.41129.91+1.27ANET ahead
2026-01-28149.40134.40+1.19ANET ahead
2026-01-27145.96124.35+1.44ANET ahead
2026-01-26143.00122.98+1.41ANET ahead
2026-01-23135.66119.21+1.31ANET ahead
2026-01-22137.72120.47+1.34ANET ahead
2026-01-21126.66120.26+0.97ANET ahead
2026-01-20126.89119.41+1.01ANET ahead
2026-01-16129.18123.33+0.95ANET ahead
2026-01-15129.94125.98+0.88ANET ahead
2026-01-14124.47122.98+0.79ANET ahead
2026-01-13129.28124.06+0.93ANET ahead
2026-01-12122.81124.41+0.68ANET ahead
2026-01-09122.28123.83+0.68ANET ahead
2026-01-08123.10123.88+0.71ANET ahead
2026-01-07129.43123.19+0.97ANET ahead
2026-01-06131.92124.44+1.01ANET ahead
2026-01-05136.51125.10+1.15ANET ahead
2026-01-02132.94118.00+1.31ANET ahead
2025-12-31130.38117.37+1.25ANET ahead
2025-12-30131.78119.26+1.23ANET ahead
2025-12-29133.48119.29+1.29ANET ahead
2025-12-26131.18121.00+1.15ANET ahead
2025-12-24130.12120.62+1.13ANET ahead
2025-12-23130.67119.76+1.19ANET ahead
2025-12-22130.08119.74+1.18ANET ahead
2025-12-19130.47118.13+1.26ANET ahead
2025-12-18124.00119.14+0.98ANET ahead
2025-12-17121.75117.74+0.95ANET ahead
2025-12-16125.50118.75+1.06ANET ahead
2025-12-15125.26120.94+0.97ANET ahead
2025-12-12124.14120.78+0.94ANET ahead
2025-12-11133.72121.60+1.27ANET ahead
2025-12-10131.70118.67+1.32ANET ahead
2025-12-09129.39118.62+1.25ANET ahead
2025-12-08128.47114.13+1.41ANET ahead
2025-12-05127.95114.09+1.40ANET ahead
2025-12-04127.91111.89+1.50ANET ahead
2025-12-03127.16110.64+1.54ANET ahead
2025-12-02126.59109.67+1.58ANET ahead
2025-12-01127.47109.70+1.62ANET ahead
2025-11-28130.03109.97+1.72ANET ahead
2025-11-26127.01109.54+1.64ANET ahead
2025-11-25124.42110.36+1.51ANET ahead
2025-11-24121.56108.58+1.49ANET ahead
2025-11-21116.85107.73+1.34ANET ahead
2025-11-20119.00103.84+1.63ANET ahead
2025-11-19124.19102.99+1.91ANET ahead
2025-11-18122.84104.40+1.80ANET ahead
2025-11-17126.63105.13+1.94ANET ahead
2025-11-14130.72107.60+2.01ANET ahead
2025-11-13129.65109.84+1.88ANET ahead
2025-11-12134.31110.43+2.06ANET ahead
2025-11-11134.26109.67+2.12ANET ahead
2025-11-10136.58110.71+2.18ANET ahead
2025-11-07133.98112.99+1.98ANET ahead
2025-11-06133.35114.07+1.92ANET ahead
2025-11-05139.72113.34+2.24ANET ahead
2025-11-04152.79110.99+2.91ANET ahead
2025-11-03156.81114.51+2.93ANET ahead
2025-10-31156.91116.36+2.90ANET ahead
2025-10-30157.65118.03+2.90ANET ahead
2025-10-29161.22118.98+3.03ANET ahead
2025-10-28155.99123.04+2.67ANET ahead
2025-10-27156.03133.53+2.20ANET ahead
2025-10-24153.05137.18+1.93ANET ahead
2025-10-23152.00138.80+1.82ANET ahead
2025-10-22145.86136.95+1.66ANET ahead
2025-10-21145.21137.58+1.60ANET ahead
2025-10-20145.75136.33+1.69ANET ahead
2025-10-17142.39138.36+1.46ANET ahead
2025-10-16145.28135.81+1.70ANET ahead
2025-10-15142.67152.08+0.88ANET ahead
2025-10-14138.10157.79+0.45near the usual relationship
2025-10-13146.72156.63+0.87ANET ahead
2025-10-10153.33152.54+1.30ANET ahead
2025-10-09157.44157.42+1.27ANET ahead
2025-10-08156.58157.52+1.24ANET ahead
2025-10-07144.57152.09+0.96ANET ahead
2025-10-06148.76151.28+1.17ANET ahead
2025-10-03144.78149.43+1.08ANET ahead
2025-10-02143.74150.44+0.99ANET ahead
2025-10-01148.53150.49+1.20ANET ahead
2025-09-30144.99148.61+1.13ANET ahead
2025-09-29142.66148.36+1.04ANET ahead
2025-09-26141.79149.38+0.96ANET ahead
2025-09-25142.35148.98+1.00ANET ahead
2025-09-24141.93149.20+0.97ANET ahead
2025-09-23143.37149.30+1.03ANET ahead
2025-09-22144.68151.83+0.99ANET ahead
2025-09-19148.87151.14+1.20ANET ahead
2025-09-18145.93152.57+1.02ANET ahead
2025-09-17142.13148.89+1.00ANET ahead
2025-09-16141.45148.86+0.98ANET ahead
2025-09-15144.71149.03+1.11ANET ahead
2025-09-12138.70147.91+0.90ANET ahead
2025-09-11152.28153.85+1.24ANET ahead
2025-09-10149.97150.22+1.30ANET ahead
2025-09-09141.20149.63+0.95ANET ahead
2025-09-08139.31147.43+0.97ANET ahead
2025-09-05142.14145.25+1.19ANET ahead
2025-09-04140.47144.54+1.15ANET ahead
2025-09-03136.70142.10+1.09ANET ahead
2025-09-02135.19141.04+1.07ANET ahead
2025-08-29135.87143.99+0.97ANET ahead
2025-08-28135.55146.40+0.85ANET ahead
2025-08-27132.61146.10+0.72ANET ahead
2025-08-26133.60145.10+0.81ANET ahead
2025-08-25132.38145.16+0.74ANET ahead
2025-08-22132.59145.87+0.72ANET ahead
2025-08-21131.37144.49+0.72ANET ahead
2025-08-20130.82145.20+0.66ANET ahead
2025-08-19132.12145.06+0.72ANET ahead
2025-08-18137.35145.42+0.95ANET ahead
2025-08-15136.62145.00+0.93ANET ahead
2025-08-14135.80146.45+0.83ANET ahead
2025-08-13137.32149.80+0.76ANET ahead
2025-08-12140.55150.11+0.89ANET ahead
2025-08-11136.97146.27+0.89ANET ahead
2025-08-08138.49147.95+0.89ANET ahead
2025-08-07138.59145.87+0.98ANET ahead
2025-08-06138.09147.71+0.88ANET ahead
2025-08-05117.53146.58-0.08near the usual relationship
2025-08-04119.75147.60-0.01near the usual relationship
2025-08-01116.99141.36+0.12near the usual relationship
2025-07-31122.61144.11+0.28near the usual relationship
2025-07-30121.48137.48+0.51ANET ahead
2025-07-29118.03137.59+0.33near the usual relationship
2025-07-28116.97138.69+0.22near the usual relationship
2025-07-25113.71137.65+0.08near the usual relationship
2025-07-24113.47138.83+0.01near the usual relationship
2025-07-23112.48138.23-0.02near the usual relationship
2025-07-22109.23136.94-0.15near the usual relationship
2025-07-21111.05138.00-0.10near the usual relationship
2025-07-18111.22138.94-0.14near the usual relationship
2025-07-17111.42138.10-0.10near the usual relationship
2025-07-16107.76134.78-0.16near the usual relationship
2025-07-15106.84133.70-0.17near the usual relationship
2025-07-14107.83135.25-0.19near the usual relationship
2025-07-11108.03134.21-0.14near the usual relationship
2025-07-10105.76137.89-0.42near the usual relationship
2025-07-09105.75138.99-0.48near the usual relationship
2025-07-08102.88139.05-0.64FFIV ahead
2025-07-07100.97137.60-0.70FFIV ahead
2025-07-03102.01138.00-0.66FFIV ahead
2025-07-02100.63136.16-0.67FFIV ahead
2025-07-0198.42136.09-0.80FFIV ahead
2025-06-30101.80135.33-0.58FFIV ahead
2025-06-2798.90135.99-0.78FFIV ahead
2025-06-26101.08132.93-0.53FFIV ahead
2025-06-2595.83135.37-0.94FFIV ahead
2025-06-2494.50136.06-1.05FFIV ahead
2025-06-2391.49135.69-1.22FFIV ahead
2025-06-2085.82132.03-1.44FFIV ahead
2025-06-1889.79131.73-1.18FFIV ahead
2025-06-1789.23132.70-1.27FFIV ahead
2025-06-1694.62133.50-0.99FFIV ahead
2025-06-1391.89131.79-1.09FFIV ahead
2025-06-1295.29134.11-0.99FFIV ahead
2025-06-1193.74134.67-1.11FFIV ahead
2025-06-1093.23135.03-1.16FFIV ahead
2025-06-0996.32135.52-1.01FFIV ahead
2025-06-0696.77135.84-1.01FFIV ahead
2025-06-0594.71135.17-1.11FFIV ahead
2025-06-0494.47135.11-1.13FFIV ahead
2025-06-0394.03133.64-1.10FFIV ahead
2025-06-0289.33131.52-1.31FFIV ahead
2025-05-3086.21131.22-1.51FFIV ahead
2025-05-2985.94129.02-1.45FFIV ahead
2025-05-2892.33130.26-1.11FFIV ahead
2025-05-2792.03131.78-1.20FFIV ahead
2025-05-2390.75129.71-1.20FFIV ahead
2025-05-2292.10130.81-1.17FFIV ahead
2025-05-2191.97131.63-1.23FFIV ahead
2025-05-2095.19131.92-1.05FFIV ahead
2025-05-1996.22131.37-0.97FFIV ahead
2025-05-1695.94131.01-0.98FFIV ahead
2025-05-1595.59129.98-0.97FFIV ahead
2025-05-1497.73129.48-0.82FFIV ahead
2025-05-1396.77130.23-0.92FFIV ahead
2025-05-1291.86128.91-1.17FFIV ahead
2025-05-0986.09124.18-1.33FFIV ahead
2025-05-0886.84125.59-1.36FFIV ahead
2025-05-0786.02122.99-1.30FFIV ahead
2025-05-0690.32121.77-0.97FFIV ahead
2025-05-0589.93122.86-1.05FFIV ahead
2025-05-0290.57123.60-1.05FFIV ahead
2025-05-0187.40122.20-1.20FFIV ahead
2025-04-3081.86121.73-1.56FFIV ahead
2025-04-2980.33120.80-1.64FFIV ahead
2025-04-2877.92121.88-1.88FFIV ahead
2025-04-2577.52124.16-2.04FFIV ahead
2025-04-2474.92123.30-2.23FFIV ahead
2025-04-2370.41120.68-2.50FFIV ahead
2025-04-2268.33117.15-2.54FFIV ahead
2025-04-2167.33115.32-2.57FFIV ahead
2025-04-1770.85118.91-2.47FFIV ahead
2025-04-1671.51119.08-2.46FFIV ahead
2025-04-1572.84121.17-2.48FFIV ahead
2025-04-1473.22120.79-2.47FFIV ahead
2025-04-1172.31120.32-2.56FFIV ahead
2025-04-1072.29117.25-2.43FFIV ahead
2025-04-0975.62121.45-2.40FFIV ahead
2025-04-0869.15111.06-2.43FFIV ahead
2025-04-0767.83111.96-2.66FFIV ahead
2025-04-0464.05110.01-2.99FFIV ahead
2025-04-0370.92115.40-2.66FFIV ahead
2025-04-0279.76125.40-2.46FFIV ahead
2025-04-0178.10123.50-2.53FFIV ahead
2025-03-3177.09122.43-2.61FFIV ahead
2025-03-2877.55121.34-2.54FFIV ahead
2025-03-2778.57124.19-2.66FFIV ahead
2025-03-2681.25125.46-2.52FFIV ahead
2025-03-2586.51126.47-2.13FFIV ahead
2025-03-2487.07126.13-2.08FFIV ahead
2025-03-2182.72123.41-2.34FFIV ahead
2025-03-2082.56123.45-2.39FFIV ahead
2025-03-1984.00124.25-2.33FFIV ahead
2025-03-1883.57121.77-2.23FFIV ahead
2025-03-1784.67122.98-2.23FFIV ahead
2025-03-1483.09120.68-2.25FFIV ahead
2025-03-1379.74118.36-2.45FFIV ahead
2025-03-1279.85122.34-2.74FFIV ahead
2025-03-1178.74121.99-2.88FFIV ahead
2025-03-1077.17122.54-3.15FFIV ahead
2025-03-0782.95126.74-2.87FFIV ahead
2025-03-0683.92126.80-2.81FFIV ahead
2025-03-0587.38130.00-2.72FFIV ahead
2025-03-0485.09128.80-2.92FFIV ahead
2025-03-0385.58130.66-3.05FFIV ahead
2025-02-2892.59134.46-2.63FFIV ahead
2025-02-2791.11133.79-2.76FFIV ahead
2025-02-2695.90135.56-2.43FFIV ahead
2025-02-2592.42134.72-2.75FFIV ahead
2025-02-2492.23134.82-2.81FFIV ahead
2025-02-2197.81135.90-2.34FFIV ahead
2025-02-20102.89140.06-2.15FFIV ahead
2025-02-19103.40142.58-2.29FFIV ahead
2025-02-18110.51141.43-1.56FFIV ahead
2025-02-14106.34142.62-2.03FFIV ahead
2025-02-13109.20142.75-1.79FFIV ahead
2025-02-12109.09142.82-1.81FFIV ahead
2025-02-11116.26141.80-1.11FFIV ahead
2025-02-10119.63141.78-0.82FFIV ahead
2025-02-07117.88140.98-0.91FFIV ahead
2025-02-06114.70141.36-1.20FFIV ahead
2025-02-05114.92139.47-1.05FFIV ahead
2025-02-04111.76137.84-1.20FFIV ahead
2025-02-03110.95135.73-1.11FFIV ahead
2025-01-31114.66136.68-0.85FFIV ahead
2025-01-30113.29138.62-1.10FFIV ahead
2025-01-29107.30138.16-1.60FFIV ahead
2025-01-28106.01124.02-0.66FFIV ahead
2025-01-2799.80120.94-1.00FFIV ahead
2025-01-24128.53125.52+1.08ANET ahead
2025-01-23128.48125.49+1.09ANET ahead
2025-01-22129.17125.11+1.18ANET ahead
2025-01-21120.90123.11+0.71ANET ahead
2025-01-17119.35121.37+0.73ANET ahead
2025-01-16117.54121.33+0.59ANET ahead
2025-01-15115.52120.61+0.49near the usual relationship
2025-01-14114.34118.68+0.55ANET ahead
2025-01-13112.08117.33+0.48near the usual relationship
2025-01-10113.77116.94+0.65ANET ahead
2025-01-08114.94119.02+0.59ANET ahead
2025-01-07114.72118.31+0.63ANET ahead
2025-01-06118.39119.41+0.84ANET ahead
2025-01-03114.63116.96+0.74ANET ahead
2025-01-02111.23115.76+0.57ANET ahead
2024-12-31109.98115.63+0.48near the usual relationship
2024-12-30110.90116.09+0.53ANET ahead
2024-12-27112.47117.54+0.55ANET ahead
2024-12-26114.29118.23+0.65ANET ahead
2024-12-24114.08117.80+0.67ANET ahead
2024-12-23112.53116.98+0.61ANET ahead
2024-12-20112.25115.99+0.67ANET ahead
2024-12-19108.53115.14+0.45near the usual relationship
2024-12-18107.53115.87+0.33near the usual relationship
2024-12-17112.39119.46+0.45near the usual relationship
2024-12-16115.95121.10+0.60ANET ahead
2024-12-13111.81120.38+0.36near the usual relationship
2024-12-12106.35120.27-0.04near the usual relationship
2024-12-11106.70119.58+0.04near the usual relationship
2024-12-10104.26117.53+0.00near the usual relationship
2024-12-09105.39118.59+0.02near the usual relationship
2024-12-06107.71118.24+0.23near the usual relationship
2024-12-05106.30118.19+0.13near the usual relationship
2024-12-04104.91116.85+0.13near the usual relationship
2024-12-03103.10115.47+0.09near the usual relationship
2024-12-02102.01115.94-0.01near the usual relationship
2024-11-29100.95115.11-0.03near the usual relationship
2024-11-27100.07114.99-0.08near the usual relationship
2024-11-26101.57115.84-0.02near the usual relationship
2024-11-2599.43114.37-0.08near the usual relationship
2024-11-22101.11113.56+0.11near the usual relationship
2024-11-21100.74112.33+0.17near the usual relationship
2024-11-2094.95111.28-0.19near the usual relationship
2024-11-1993.96110.20-0.19near the usual relationship
2024-11-1892.16110.35-0.34near the usual relationship
2024-11-1593.13109.60-0.21near the usual relationship
2024-11-1496.01111.30-0.09near the usual relationship
2024-11-1398.30113.51-0.06near the usual relationship
2024-11-1298.40112.19+0.04near the usual relationship
2024-11-1198.83111.58+0.12near the usual relationship
2024-11-0899.61110.96+0.22near the usual relationship
2024-11-07107.22111.22+0.73ANET ahead
2024-11-06105.25110.41+0.66ANET ahead
2024-11-05100.78107.10+0.57ANET ahead
2024-11-0498.23106.31+0.45near the usual relationship
2024-11-0198.05106.77+0.41near the usual relationship
2024-10-3196.13107.54+0.22near the usual relationship
2024-10-3098.51109.87+0.25near the usual relationship
2024-10-2999.89110.51+0.32near the usual relationship
2024-10-2897.61100.40+0.83ANET ahead
2024-10-2598.0399.72+0.91ANET ahead
2024-10-2498.4398.20+1.05ANET ahead
2024-10-2398.0299.05+0.97ANET ahead
2024-10-2298.6599.81+0.97ANET ahead
2024-10-21101.00100.22+1.11ANET ahead
2024-10-18100.00100.00+1.06ANET ahead

One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Jan 27, 2025 (ANET -22.4%, FFIV -3.7%); Aug 6, 2025 (ANET +17.5%, FFIV +0.8%); Oct 16, 2025 (ANET +1.8%, FFIV -10.7%); May 6, 2026 (ANET -13.6%, FFIV +0.3%). Upcoming earnings: FFIV Oct 27, 2026 (after-hours); 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 FFIV 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

FFIV F5 Inc.

Listing
Nasdaq · SEC CIK 1048695
Industry
Computer Communications Equipment · SIC 3576 Computer Communications Equipment
Market value
$25.5B
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
CSCO / ANETWatchlistneitherComputer 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.