Broadcom Inc. vs NVIDIA Corporation
Why these are rivals: #1 and #3 by market value ($5232B vs $1597B) in Nasdaq's "Semiconductors" industry; SEC SIC 3674 / 3674 (same major group); #1 and #3 by market value ($5232B vs $1597B) with SEC SIC 3674 (Semiconductors & Related Devices).
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: 0.53 (needs >= 0.60)
- Mean reversion: ADF t-statistic of the spread: -2.09 (needs <= -2.873 (5% critical value))
NVDA is the larger business
Annual revenue reported to the SEC. Scale, not market share.
| Year | AVGO | NVDA | Larger |
|---|---|---|---|
| 2025 | $63.9B | $215.9B | NVDA |
| 2024 | $51.6B | $130.5B | NVDA |
| 2023 | $35.8B | $60.9B | NVDA |
| 2022 | $33.2B | $27.0B | AVGO |
| 2021 | $27.4B | $26.9B | AVGO |
| 2020 | $23.9B | $16.7B | AVGO |
Revenue lead switched: 2023 to NVDA. Market value: AVGO $1.60T, NVDA $5.23T.
NVDA is ahead now
Measured against the pair's own last 252 trading days.
NVDA leads AVGO by 2.16 standard deviations: +20.3% over its usual price ratio. 3 lead switches in the last year.
| Price change | 3 mo | 6 mo | 12 mo |
|---|---|---|---|
| AVGO | -15.4% | -23.0% | -5.7% |
| NVDA | +2.6% | +6.3% | +17.1% |
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: 0.53 (needs >= 0.60)
- Fail
- Mean reversion: ADF t-statistic of the spread: -2.09 (needs <= -2.873 (5% critical value))
- Pass
- Speed: half-life of the spread, sessions: 18.25 (needs <= 63)
- Data
- Both stocks current
Prices side by side, and the gap between them
Data table (504 sessions)
| Date | AVGO index | NVDA index | z | Ahead |
|---|---|---|---|---|
| 2026-10-22 | 179.69 | 153.78 | -2.16 | NVDA ahead |
| 2026-10-21 | 187.78 | 160.85 | -2.20 | NVDA ahead |
| 2026-10-20 | 185.87 | 156.86 | -2.05 | NVDA ahead |
| 2026-10-19 | 186.00 | 157.31 | -2.11 | NVDA ahead |
| 2026-10-16 | 182.75 | 155.17 | -2.18 | NVDA ahead |
| 2026-10-15 | 191.41 | 157.41 | -1.82 | NVDA ahead |
| 2026-10-14 | 192.48 | 160.36 | -2.00 | NVDA ahead |
| 2026-10-13 | 198.63 | 165.59 | -2.03 | NVDA ahead |
| 2026-10-12 | 197.19 | 164.00 | -2.02 | NVDA ahead |
| 2026-10-09 | 200.98 | 166.14 | -1.97 | NVDA ahead |
| 2026-10-08 | 200.20 | 167.01 | -2.11 | NVDA ahead |
| 2026-10-07 | 209.30 | 172.08 | -1.95 | NVDA ahead |
| 2026-10-06 | 208.91 | 173.36 | -2.09 | NVDA ahead |
| 2026-10-05 | 201.52 | 173.12 | -2.58 | NVDA ahead |
| 2026-10-02 | 197.42 | 169.53 | -2.61 | NVDA ahead |
| 2026-10-01 | 191.03 | 167.29 | -2.93 | NVDA ahead |
| 2026-09-30 | 195.22 | 165.49 | -2.53 | NVDA ahead |
| 2026-09-29 | 197.40 | 164.64 | -2.34 | NVDA ahead |
| 2026-09-28 | 194.32 | 165.84 | -2.71 | NVDA ahead |
| 2026-09-25 | 196.13 | 163.09 | -2.38 | NVDA ahead |
| 2026-09-24 | 194.76 | 162.74 | -2.49 | NVDA ahead |
| 2026-09-23 | 197.34 | 163.41 | -2.40 | NVDA ahead |
| 2026-09-22 | 202.65 | 165.85 | -2.26 | NVDA ahead |
| 2026-09-21 | 201.60 | 164.77 | -2.28 | NVDA ahead |
| 2026-09-18 | 198.79 | 161.07 | -2.18 | NVDA ahead |
| 2026-09-17 | 193.06 | 158.94 | -2.44 | NVDA ahead |
| 2026-09-16 | 188.73 | 155.00 | -2.44 | NVDA ahead |
| 2026-09-15 | 188.60 | 153.75 | -2.37 | NVDA ahead |
| 2026-09-14 | 191.63 | 152.87 | -2.06 | NVDA ahead |
| 2026-09-11 | 201.23 | 158.18 | -1.85 | NVDA ahead |
| 2026-09-10 | 200.58 | 158.23 | -1.93 | NVDA ahead |
| 2026-09-09 | 202.56 | 162.08 | -2.17 | NVDA ahead |
| 2026-09-08 | 204.88 | 163.57 | -2.17 | NVDA ahead |
| 2026-09-04 | 198.95 | 166.93 | -2.99 | NVDA ahead |
| 2026-09-03 | 198.54 | 165.54 | -2.95 | NVDA ahead |
| 2026-09-02 | 204.15 | 162.62 | -2.24 | NVDA ahead |
| 2026-09-01 | 205.50 | 157.57 | -1.62 | NVDA ahead |
| 2026-08-31 | 205.87 | 159.99 | -1.85 | NVDA ahead |
| 2026-08-28 | 205.01 | 157.64 | -1.67 | NVDA ahead |
| 2026-08-27 | 206.54 | 165.20 | -2.31 | NVDA ahead |
| 2026-08-26 | 197.67 | 151.93 | -1.65 | NVDA ahead |
| 2026-08-25 | 198.31 | 154.38 | -1.86 | NVDA ahead |
| 2026-08-24 | 199.43 | 151.07 | -1.41 | NVDA ahead |
| 2026-08-21 | 204.82 | 155.59 | -1.45 | NVDA ahead |
| 2026-08-20 | 202.36 | 157.14 | -1.80 | NVDA ahead |
| 2026-08-19 | 201.50 | 157.65 | -1.92 | NVDA ahead |
| 2026-08-18 | 211.24 | 159.23 | -1.32 | NVDA ahead |
| 2026-08-17 | 218.15 | 163.05 | -1.18 | NVDA ahead |
| 2026-08-14 | 218.46 | 163.16 | -1.17 | NVDA ahead |
| 2026-08-13 | 232.26 | 163.26 | -0.20 | near the usual relationship |
| 2026-08-12 | 231.28 | 162.38 | -0.18 | near the usual relationship |
| 2026-08-11 | 231.30 | 157.61 | +0.30 | near the usual relationship |
| 2026-08-10 | 234.81 | 157.64 | +0.53 | AVGO ahead |
| 2026-08-07 | 237.79 | 162.29 | +0.29 | near the usual relationship |
| 2026-08-06 | 233.79 | 158.69 | +0.38 | near the usual relationship |
| 2026-08-05 | 232.52 | 158.86 | +0.28 | near the usual relationship |
| 2026-08-04 | 232.45 | 153.58 | +0.80 | AVGO ahead |
| 2026-08-03 | 218.04 | 149.74 | +0.22 | near the usual relationship |
| 2026-07-31 | 216.40 | 145.47 | +0.55 | AVGO ahead |
| 2026-07-30 | 215.60 | 141.33 | +0.93 | AVGO ahead |
| 2026-07-29 | 205.86 | 137.69 | +0.64 | AVGO ahead |
| 2026-07-28 | 211.75 | 142.76 | +0.53 | AVGO ahead |
| 2026-07-27 | 213.03 | 142.40 | +0.66 | AVGO ahead |
| 2026-07-24 | 212.31 | 149.88 | -0.14 | near the usual relationship |
| 2026-07-23 | 218.17 | 151.28 | +0.13 | near the usual relationship |
| 2026-07-22 | 220.58 | 153.67 | +0.07 | near the usual relationship |
| 2026-07-21 | 214.85 | 150.21 | +0.03 | near the usual relationship |
| 2026-07-20 | 210.22 | 147.30 | +0.00 | near the usual relationship |
| 2026-07-17 | 206.14 | 146.96 | -0.24 | near the usual relationship |
| 2026-07-16 | 208.15 | 150.29 | -0.41 | near the usual relationship |
| 2026-07-15 | 219.18 | 153.99 | -0.02 | near the usual relationship |
| 2026-07-14 | 216.30 | 153.48 | -0.15 | near the usual relationship |
| 2026-07-13 | 213.49 | 147.49 | +0.23 | near the usual relationship |
| 2026-07-10 | 222.34 | 152.87 | +0.30 | near the usual relationship |
| 2026-07-09 | 222.98 | 146.94 | +0.89 | AVGO ahead |
| 2026-07-08 | 216.07 | 147.91 | +0.37 | near the usual relationship |
| 2026-07-07 | 206.11 | 142.70 | +0.22 | near the usual relationship |
| 2026-07-06 | 207.85 | 141.70 | +0.44 | near the usual relationship |
| 2026-07-02 | 200.37 | 141.18 | -0.01 | near the usual relationship |
| 2026-07-01 | 205.31 | 143.17 | +0.13 | near the usual relationship |
| 2026-06-30 | 209.99 | 144.99 | +0.27 | near the usual relationship |
| 2026-06-29 | 207.04 | 141.28 | +0.44 | near the usual relationship |
| 2026-06-26 | 202.91 | 139.51 | +0.34 | near the usual relationship |
| 2026-06-25 | 210.63 | 141.84 | +0.63 | AVGO ahead |
| 2026-06-24 | 212.39 | 144.20 | +0.52 | AVGO ahead |
| 2026-06-23 | 211.32 | 144.96 | +0.39 | near the usual relationship |
| 2026-06-22 | 217.98 | 151.20 | +0.24 | near the usual relationship |
| 2026-06-18 | 228.67 | 152.67 | +0.76 | AVGO ahead |
| 2026-06-17 | 218.41 | 148.30 | +0.54 | AVGO ahead |
| 2026-06-16 | 209.41 | 150.30 | -0.21 | near the usual relationship |
| 2026-06-15 | 218.99 | 153.95 | +0.07 | near the usual relationship |
| 2026-06-12 | 212.39 | 148.69 | +0.13 | near the usual relationship |
| 2026-06-11 | 214.34 | 148.46 | +0.28 | near the usual relationship |
| 2026-06-10 | 206.85 | 145.23 | +0.10 | near the usual relationship |
| 2026-06-09 | 218.00 | 150.86 | +0.30 | near the usual relationship |
| 2026-06-08 | 220.47 | 151.19 | +0.43 | near the usual relationship |
| 2026-06-05 | 214.43 | 148.62 | +0.28 | near the usual relationship |
| 2026-06-04 | 232.87 | 158.45 | +0.54 | AVGO ahead |
| 2026-06-03 | 266.40 | 155.62 | +2.65 | AVGO ahead |
| 2026-06-02 | 267.70 | 161.46 | +2.24 | AVGO ahead |
| 2026-06-01 | 255.70 | 162.58 | +1.52 | AVGO ahead |
| 2026-05-29 | 248.36 | 153.00 | +1.99 | AVGO ahead |
| 2026-05-28 | 237.13 | 155.25 | +1.14 | AVGO ahead |
| 2026-05-27 | 234.51 | 154.06 | +1.10 | AVGO ahead |
| 2026-05-26 | 234.59 | 155.70 | +0.97 | AVGO ahead |
| 2026-05-22 | 230.22 | 156.04 | +0.68 | AVGO ahead |
| 2026-05-21 | 230.46 | 159.07 | +0.43 | near the usual relationship |
| 2026-05-20 | 232.23 | 161.93 | +0.29 | near the usual relationship |
| 2026-05-19 | 228.51 | 159.86 | +0.25 | near the usual relationship |
| 2026-05-18 | 233.87 | 161.10 | +0.47 | near the usual relationship |
| 2026-05-15 | 236.36 | 163.28 | +0.43 | near the usual relationship |
| 2026-05-14 | 244.48 | 170.83 | +0.28 | near the usual relationship |
| 2026-05-13 | 231.69 | 163.64 | +0.13 | near the usual relationship |
| 2026-05-12 | 233.09 | 159.99 | +0.53 | AVGO ahead |
| 2026-05-11 | 238.16 | 159.01 | +0.92 | AVGO ahead |
| 2026-05-08 | 239.03 | 155.94 | +1.26 | AVGO ahead |
| 2026-05-07 | 229.34 | 153.26 | +0.93 | AVGO ahead |
| 2026-05-06 | 236.50 | 150.60 | +1.62 | AVGO ahead |
| 2026-05-05 | 237.57 | 142.39 | +2.51 | AVGO ahead |
| 2026-05-04 | 231.53 | 143.83 | +2.03 | AVGO ahead |
| 2026-05-01 | 234.19 | 143.80 | +2.23 | AVGO ahead |
| 2026-04-30 | 232.05 | 144.62 | +2.04 | AVGO ahead |
| 2026-04-29 | 225.39 | 151.63 | +0.93 | AVGO ahead |
| 2026-04-28 | 222.26 | 154.47 | +0.45 | near the usual relationship |
| 2026-04-27 | 232.48 | 156.96 | +0.88 | AVGO ahead |
| 2026-04-24 | 235.01 | 150.92 | +1.63 | AVGO ahead |
| 2026-04-23 | 233.44 | 144.67 | +2.19 | AVGO ahead |
| 2026-04-22 | 234.95 | 146.74 | +2.10 | AVGO ahead |
| 2026-04-21 | 223.56 | 144.84 | +1.56 | AVGO ahead |
| 2026-04-20 | 222.15 | 146.42 | +1.32 | AVGO ahead |
| 2026-04-17 | 225.99 | 146.14 | +1.61 | AVGO ahead |
| 2026-04-16 | 221.51 | 143.73 | +1.57 | AVGO ahead |
| 2026-04-15 | 220.53 | 144.11 | +1.48 | AVGO ahead |
| 2026-04-14 | 211.67 | 142.40 | +1.05 | AVGO ahead |
| 2026-04-13 | 211.10 | 137.18 | +1.58 | AVGO ahead |
| 2026-04-10 | 206.54 | 136.69 | +1.32 | AVGO ahead |
| 2026-04-09 | 197.29 | 133.27 | +1.02 | AVGO ahead |
| 2026-04-08 | 194.91 | 131.94 | +1.00 | AVGO ahead |
| 2026-04-07 | 185.65 | 129.06 | +0.61 | AVGO ahead |
| 2026-04-06 | 174.79 | 128.72 | -0.21 | near the usual relationship |
| 2026-04-02 | 174.86 | 128.54 | -0.18 | near the usual relationship |
| 2026-04-01 | 174.27 | 127.36 | -0.09 | near the usual relationship |
| 2026-03-31 | 172.06 | 126.38 | -0.15 | near the usual relationship |
| 2026-03-30 | 163.11 | 119.69 | -0.13 | near the usual relationship |
| 2026-03-27 | 167.15 | 121.39 | +0.02 | near the usual relationship |
| 2026-03-26 | 172.00 | 124.09 | +0.12 | near the usual relationship |
| 2026-03-25 | 177.22 | 129.48 | -0.04 | near the usual relationship |
| 2026-03-24 | 176.94 | 126.96 | +0.21 | near the usual relationship |
| 2026-03-23 | 179.28 | 127.28 | +0.36 | near the usual relationship |
| 2026-03-20 | 172.61 | 125.14 | +0.08 | near the usual relationship |
| 2026-03-19 | 177.80 | 129.39 | +0.03 | near the usual relationship |
| 2026-03-18 | 175.62 | 130.72 | -0.26 | near the usual relationship |
| 2026-03-17 | 178.61 | 131.83 | -0.15 | near the usual relationship |
| 2026-03-16 | 180.62 | 132.77 | -0.09 | near the usual relationship |
| 2026-03-13 | 179.09 | 130.62 | +0.02 | near the usual relationship |
| 2026-03-12 | 186.76 | 132.71 | +0.37 | near the usual relationship |
| 2026-03-11 | 189.88 | 134.80 | +0.38 | near the usual relationship |
| 2026-03-10 | 190.44 | 133.89 | +0.52 | AVGO ahead |
| 2026-03-09 | 192.20 | 132.36 | +0.80 | AVGO ahead |
| 2026-03-06 | 183.71 | 128.86 | +0.56 | AVGO ahead |
| 2026-03-05 | 184.99 | 132.86 | +0.25 | near the usual relationship |
| 2026-03-04 | 176.51 | 132.64 | -0.34 | near the usual relationship |
| 2026-03-03 | 174.46 | 130.47 | -0.27 | near the usual relationship |
| 2026-03-02 | 177.23 | 132.23 | -0.24 | near the usual relationship |
| 2026-02-27 | 177.64 | 128.40 | +0.18 | near the usual relationship |
| 2026-02-26 | 178.83 | 133.98 | -0.28 | near the usual relationship |
| 2026-02-25 | 184.73 | 141.71 | -0.58 | NVDA ahead |
| 2026-02-24 | 180.94 | 139.75 | -0.67 | NVDA ahead |
| 2026-02-23 | 183.63 | 138.80 | -0.38 | near the usual relationship |
| 2026-02-20 | 184.92 | 137.55 | -0.17 | near the usual relationship |
| 2026-02-19 | 185.66 | 136.16 | +0.01 | near the usual relationship |
| 2026-02-18 | 185.40 | 136.22 | -0.01 | near the usual relationship |
| 2026-02-17 | 184.86 | 134.04 | +0.16 | near the usual relationship |
| 2026-02-13 | 180.76 | 132.47 | +0.03 | near the usual relationship |
| 2026-02-12 | 184.10 | 135.46 | -0.03 | near the usual relationship |
| 2026-02-11 | 190.54 | 137.72 | +0.20 | near the usual relationship |
| 2026-02-10 | 189.25 | 136.62 | +0.22 | near the usual relationship |
| 2026-02-09 | 191.19 | 137.71 | +0.25 | near the usual relationship |
| 2026-02-06 | 185.07 | 134.36 | +0.15 | near the usual relationship |
| 2026-02-05 | 172.61 | 124.55 | +0.22 | near the usual relationship |
| 2026-02-04 | 171.24 | 126.22 | -0.05 | near the usual relationship |
| 2026-02-03 | 178.07 | 130.68 | +0.00 | near the usual relationship |
| 2026-02-02 | 184.06 | 134.50 | +0.06 | near the usual relationship |
| 2026-01-30 | 184.17 | 138.50 | -0.31 | near the usual relationship |
| 2026-01-29 | 183.85 | 139.50 | -0.41 | near the usual relationship |
| 2026-01-28 | 185.25 | 138.78 | -0.25 | near the usual relationship |
| 2026-01-27 | 185.00 | 136.61 | -0.07 | near the usual relationship |
| 2026-01-26 | 180.58 | 135.12 | -0.23 | near the usual relationship |
| 2026-01-23 | 177.91 | 135.99 | -0.50 | NVDA ahead |
| 2026-01-22 | 180.94 | 133.94 | -0.09 | near the usual relationship |
| 2026-01-21 | 182.78 | 132.84 | +0.14 | near the usual relationship |
| 2026-01-20 | 184.89 | 129.04 | +0.66 | AVGO ahead |
| 2026-01-16 | 195.51 | 134.95 | +0.81 | AVGO ahead |
| 2026-01-15 | 190.68 | 135.54 | +0.44 | near the usual relationship |
| 2026-01-14 | 188.94 | 132.71 | +0.60 | AVGO ahead |
| 2026-01-13 | 197.13 | 134.64 | +0.96 | AVGO ahead |
| 2026-01-12 | 195.79 | 134.01 | +0.94 | AVGO ahead |
| 2026-01-09 | 191.77 | 133.96 | +0.69 | AVGO ahead |
| 2026-01-08 | 184.82 | 134.09 | +0.21 | near the usual relationship |
| 2026-01-07 | 190.95 | 137.04 | +0.36 | near the usual relationship |
| 2026-01-06 | 191.10 | 135.68 | +0.49 | near the usual relationship |
| 2026-01-05 | 190.91 | 136.32 | +0.43 | near the usual relationship |
| 2026-01-02 | 193.24 | 136.85 | +0.53 | AVGO ahead |
| 2025-12-31 | 192.40 | 135.14 | +0.64 | AVGO ahead |
| 2025-12-30 | 194.48 | 135.90 | +0.71 | AVGO ahead |
| 2025-12-29 | 194.22 | 136.39 | +0.65 | AVGO ahead |
| 2025-12-26 | 195.75 | 138.07 | +0.60 | AVGO ahead |
| 2025-12-24 | 194.69 | 136.67 | +0.67 | AVGO ahead |
| 2025-12-23 | 194.19 | 137.11 | +0.60 | AVGO ahead |
| 2025-12-22 | 189.81 | 133.11 | +0.69 | AVGO ahead |
| 2025-12-19 | 189.20 | 131.15 | +0.84 | AVGO ahead |
| 2025-12-18 | 183.38 | 126.19 | +0.93 | AVGO ahead |
| 2025-12-17 | 181.23 | 123.87 | +1.02 | AVGO ahead |
| 2025-12-16 | 189.73 | 128.78 | +1.10 | AVGO ahead |
| 2025-12-15 | 188.90 | 127.75 | +1.14 | AVGO ahead |
| 2025-12-12 | 200.08 | 126.83 | +1.90 | AVGO ahead |
| 2025-12-11 | 225.90 | 131.11 | +2.95 | AVGO ahead |
| 2025-12-10 | 229.57 | 133.17 | +2.95 | AVGO ahead |
| 2025-12-09 | 225.85 | 134.04 | +2.64 | AVGO ahead |
| 2025-12-08 | 222.97 | 134.46 | +2.42 | AVGO ahead |
| 2025-12-05 | 216.93 | 132.18 | +2.29 | AVGO ahead |
| 2025-12-04 | 211.81 | 132.88 | +1.95 | AVGO ahead |
| 2025-12-03 | 211.58 | 130.14 | +2.13 | AVGO ahead |
| 2025-12-02 | 212.11 | 131.49 | +2.03 | AVGO ahead |
| 2025-12-01 | 214.62 | 130.38 | +2.23 | AVGO ahead |
| 2025-11-28 | 224.00 | 128.26 | +2.82 | AVGO ahead |
| 2025-11-26 | 221.01 | 130.62 | +2.49 | AVGO ahead |
| 2025-11-25 | 214.04 | 128.86 | +2.29 | AVGO ahead |
| 2025-11-24 | 210.11 | 132.28 | +1.84 | AVGO ahead |
| 2025-11-21 | 189.12 | 129.62 | +1.05 | AVGO ahead |
| 2025-11-20 | 192.80 | 130.90 | +1.13 | AVGO ahead |
| 2025-11-19 | 197.02 | 135.16 | +1.03 | AVGO ahead |
| 2025-11-18 | 189.28 | 131.42 | +0.93 | AVGO ahead |
| 2025-11-17 | 190.48 | 135.22 | +0.74 | AVGO ahead |
| 2025-11-14 | 190.37 | 137.80 | +0.58 | AVGO ahead |
| 2025-11-13 | 188.99 | 135.41 | +0.67 | AVGO ahead |
| 2025-11-12 | 197.47 | 140.43 | +0.74 | AVGO ahead |
| 2025-11-11 | 195.65 | 139.97 | +0.69 | AVGO ahead |
| 2025-11-10 | 199.23 | 144.24 | +0.60 | AVGO ahead |
| 2025-11-07 | 194.25 | 136.34 | +0.85 | AVGO ahead |
| 2025-11-06 | 197.67 | 136.29 | +1.00 | AVGO ahead |
| 2025-11-05 | 199.56 | 141.46 | +0.79 | AVGO ahead |
| 2025-11-04 | 195.64 | 143.98 | +0.51 | AVGO ahead |
| 2025-11-03 | 201.54 | 149.91 | +0.43 | near the usual relationship |
| 2025-10-31 | 205.48 | 146.73 | +0.75 | AVGO ahead |
| 2025-10-30 | 209.28 | 147.02 | +0.87 | AVGO ahead |
| 2025-10-29 | 214.56 | 150.03 | +0.91 | AVGO ahead |
| 2025-10-28 | 207.33 | 145.67 | +0.88 | AVGO ahead |
| 2025-10-27 | 201.26 | 138.76 | +1.03 | AVGO ahead |
| 2025-10-24 | 196.86 | 134.97 | +1.07 | AVGO ahead |
| 2025-10-23 | 191.39 | 132.00 | +1.04 | AVGO ahead |
| 2025-10-22 | 189.17 | 130.64 | +1.04 | AVGO ahead |
| 2025-10-21 | 190.48 | 131.28 | +1.06 | AVGO ahead |
| 2025-10-20 | 194.14 | 132.35 | +1.14 | AVGO ahead |
| 2025-10-17 | 194.19 | 132.77 | +1.13 | AVGO ahead |
| 2025-10-16 | 196.87 | 131.75 | +1.30 | AVGO ahead |
| 2025-10-15 | 195.30 | 130.31 | +1.33 | AVGO ahead |
| 2025-10-14 | 191.30 | 130.46 | +1.18 | AVGO ahead |
| 2025-10-13 | 198.29 | 136.46 | +1.12 | AVGO ahead |
| 2025-10-10 | 180.46 | 132.72 | +0.66 | AVGO ahead |
| 2025-10-09 | 191.79 | 139.54 | +0.74 | AVGO ahead |
| 2025-10-08 | 192.06 | 137.04 | +0.88 | AVGO ahead |
| 2025-10-07 | 187.01 | 134.09 | +0.86 | AVGO ahead |
| 2025-10-06 | 186.50 | 134.45 | +0.82 | AVGO ahead |
| 2025-10-03 | 188.10 | 135.96 | +0.81 | AVGO ahead |
| 2025-10-02 | 187.99 | 136.88 | +0.77 | AVGO ahead |
| 2025-10-01 | 185.33 | 135.68 | +0.73 | AVGO ahead |
| 2025-09-30 | 183.40 | 135.20 | +0.69 | AVGO ahead |
| 2025-09-29 | 182.28 | 131.78 | +0.84 | AVGO ahead |
| 2025-09-26 | 185.96 | 129.12 | +1.13 | AVGO ahead |
| 2025-09-25 | 186.84 | 128.76 | +1.19 | AVGO ahead |
| 2025-09-24 | 188.62 | 128.24 | +1.30 | AVGO ahead |
| 2025-09-23 | 188.42 | 129.30 | +1.25 | AVGO ahead |
| 2025-09-22 | 188.33 | 133.05 | +1.05 | AVGO ahead |
| 2025-09-19 | 191.75 | 128.02 | +1.46 | AVGO ahead |
| 2025-09-18 | 191.98 | 127.71 | +1.50 | AVGO ahead |
| 2025-09-17 | 192.43 | 123.40 | +1.79 | AVGO ahead |
| 2025-09-16 | 200.12 | 126.72 | +1.90 | AVGO ahead |
| 2025-09-15 | 202.40 | 128.80 | +1.88 | AVGO ahead |
| 2025-09-12 | 200.05 | 128.86 | +1.81 | AVGO ahead |
| 2025-09-11 | 199.92 | 128.38 | +1.86 | AVGO ahead |
| 2025-09-10 | 205.44 | 128.50 | +2.07 | AVGO ahead |
| 2025-09-09 | 187.15 | 123.74 | +1.68 | AVGO ahead |
| 2025-09-08 | 192.15 | 121.96 | +2.01 | AVGO ahead |
| 2025-09-05 | 186.16 | 121.03 | +1.85 | AVGO ahead |
| 2025-09-04 | 170.16 | 124.39 | +0.97 | AVGO ahead |
| 2025-09-03 | 168.10 | 123.64 | +0.93 | AVGO ahead |
| 2025-09-02 | 165.79 | 123.75 | +0.83 | AVGO ahead |
| 2025-08-29 | 165.32 | 126.22 | +0.67 | AVGO ahead |
| 2025-08-28 | 171.58 | 130.56 | +0.70 | AVGO ahead |
| 2025-08-27 | 166.91 | 131.59 | +0.44 | near the usual relationship |
| 2025-08-26 | 165.66 | 131.72 | +0.38 | near the usual relationship |
| 2025-08-25 | 163.56 | 130.30 | +0.37 | near the usual relationship |
| 2025-08-22 | 163.43 | 128.98 | +0.45 | near the usual relationship |
| 2025-08-21 | 160.99 | 126.80 | +0.47 | near the usual relationship |
| 2025-08-20 | 161.86 | 127.10 | +0.50 | AVGO ahead |
| 2025-08-19 | 163.94 | 127.28 | +0.59 | AVGO ahead |
| 2025-08-18 | 169.97 | 131.89 | +0.59 | AVGO ahead |
| 2025-08-15 | 170.29 | 130.76 | +0.68 | AVGO ahead |
| 2025-08-14 | 173.01 | 131.90 | +0.74 | AVGO ahead |
| 2025-08-13 | 171.82 | 131.59 | +0.71 | AVGO ahead |
| 2025-08-12 | 173.90 | 132.72 | +0.74 | AVGO ahead |
| 2025-08-11 | 168.94 | 131.93 | +0.58 | AVGO ahead |
| 2025-08-08 | 169.53 | 132.39 | +0.58 | AVGO ahead |
| 2025-08-07 | 168.86 | 130.99 | +0.64 | AVGO ahead |
| 2025-08-06 | 167.70 | 130.01 | +0.65 | AVGO ahead |
| 2025-08-05 | 162.84 | 129.17 | +0.48 | near the usual relationship |
| 2025-08-04 | 165.50 | 130.43 | +0.54 | AVGO ahead |
| 2025-08-01 | 160.45 | 125.88 | +0.57 | AVGO ahead |
| 2025-07-31 | 163.27 | 128.89 | +0.53 | AVGO ahead |
| 2025-07-30 | 168.23 | 129.91 | +0.70 | AVGO ahead |
| 2025-07-29 | 165.33 | 127.18 | +0.73 | AVGO ahead |
| 2025-07-28 | 163.60 | 128.08 | +0.61 | AVGO ahead |
| 2025-07-25 | 161.31 | 125.72 | +0.65 | AVGO ahead |
| 2025-07-24 | 160.49 | 125.90 | +0.61 | AVGO ahead |
| 2025-07-23 | 157.70 | 123.75 | +0.61 | AVGO ahead |
| 2025-07-22 | 154.87 | 121.04 | +0.65 | AVGO ahead |
| 2025-07-21 | 160.21 | 124.19 | +0.71 | AVGO ahead |
| 2025-07-18 | 157.51 | 124.93 | +0.55 | AVGO ahead |
| 2025-07-17 | 159.24 | 125.36 | +0.61 | AVGO ahead |
| 2025-07-16 | 156.10 | 124.18 | +0.54 | AVGO ahead |
| 2025-07-15 | 156.17 | 123.70 | +0.58 | AVGO ahead |
| 2025-07-14 | 153.20 | 118.89 | +0.73 | AVGO ahead |
| 2025-07-11 | 152.53 | 119.51 | +0.67 | AVGO ahead |
| 2025-07-10 | 153.09 | 118.91 | +0.74 | AVGO ahead |
| 2025-07-09 | 154.48 | 118.03 | +0.86 | AVGO ahead |
| 2025-07-08 | 151.09 | 115.94 | +0.84 | AVGO ahead |
| 2025-07-07 | 152.42 | 114.67 | +0.98 | AVGO ahead |
| 2025-07-03 | 152.97 | 115.46 | +0.97 | AVGO ahead |
| 2025-07-02 | 150.04 | 113.95 | +0.93 | AVGO ahead |
| 2025-07-01 | 147.17 | 111.09 | +0.98 | AVGO ahead |
| 2025-06-30 | 153.23 | 114.49 | +1.07 | AVGO ahead |
| 2025-06-27 | 149.73 | 114.31 | +0.92 | AVGO ahead |
| 2025-06-26 | 150.19 | 112.33 | +1.07 | AVGO ahead |
| 2025-06-25 | 147.12 | 111.82 | +0.97 | AVGO ahead |
| 2025-06-24 | 146.63 | 107.17 | +1.25 | AVGO ahead |
| 2025-06-23 | 141.07 | 104.47 | +1.17 | AVGO ahead |
| 2025-06-20 | 138.97 | 104.24 | +1.09 | AVGO ahead |
| 2025-06-18 | 139.67 | 105.42 | +1.05 | AVGO ahead |
| 2025-06-17 | 138.62 | 104.43 | +1.07 | AVGO ahead |
| 2025-06-16 | 140.14 | 104.85 | +1.13 | AVGO ahead |
| 2025-06-13 | 138.25 | 102.88 | +1.18 | AVGO ahead |
| 2025-06-12 | 142.35 | 105.07 | +1.24 | AVGO ahead |
| 2025-06-11 | 140.59 | 103.50 | +1.27 | AVGO ahead |
| 2025-06-10 | 135.99 | 104.32 | +0.99 | AVGO ahead |
| 2025-06-09 | 135.79 | 103.36 | +1.05 | AVGO ahead |
| 2025-06-06 | 137.27 | 102.70 | +1.18 | AVGO ahead |
| 2025-06-05 | 144.49 | 101.44 | +1.64 | AVGO ahead |
| 2025-06-04 | 145.13 | 102.84 | +1.58 | AVGO ahead |
| 2025-06-03 | 142.78 | 102.33 | +1.52 | AVGO ahead |
| 2025-06-02 | 138.26 | 99.55 | +1.50 | AVGO ahead |
| 2025-05-30 | 134.57 | 97.92 | +1.44 | AVGO ahead |
| 2025-05-29 | 134.51 | 100.86 | +1.24 | AVGO ahead |
| 2025-05-28 | 133.10 | 97.69 | +1.40 | AVGO ahead |
| 2025-05-27 | 131.00 | 98.19 | +1.26 | AVGO ahead |
| 2025-05-23 | 127.14 | 95.14 | +1.28 | AVGO ahead |
| 2025-05-22 | 128.15 | 96.25 | +1.26 | AVGO ahead |
| 2025-05-21 | 127.71 | 95.51 | +1.30 | AVGO ahead |
| 2025-05-20 | 128.79 | 97.38 | +1.23 | AVGO ahead |
| 2025-05-19 | 128.21 | 98.24 | +1.14 | AVGO ahead |
| 2025-05-16 | 127.08 | 98.12 | +1.09 | AVGO ahead |
| 2025-05-15 | 129.32 | 97.70 | +1.26 | AVGO ahead |
| 2025-05-14 | 129.03 | 98.07 | +1.22 | AVGO ahead |
| 2025-05-13 | 129.20 | 94.15 | +1.54 | AVGO ahead |
| 2025-05-12 | 123.18 | 89.13 | +1.60 | AVGO ahead |
| 2025-05-09 | 115.74 | 84.53 | +1.55 | AVGO ahead |
| 2025-05-08 | 115.50 | 85.05 | +1.50 | AVGO ahead |
| 2025-05-07 | 113.85 | 84.83 | +1.43 | AVGO ahead |
| 2025-05-06 | 111.23 | 82.28 | +1.49 | AVGO ahead |
| 2025-05-05 | 111.58 | 82.48 | +1.51 | AVGO ahead |
| 2025-05-02 | 113.20 | 82.97 | +1.58 | AVGO ahead |
| 2025-05-01 | 109.69 | 80.88 | +1.55 | AVGO ahead |
| 2025-04-30 | 106.99 | 78.93 | +1.56 | AVGO ahead |
| 2025-04-29 | 106.27 | 79.00 | +1.51 | AVGO ahead |
| 2025-04-28 | 106.99 | 78.79 | +1.59 | AVGO ahead |
| 2025-04-25 | 106.90 | 80.44 | +1.43 | AVGO ahead |
| 2025-04-24 | 104.59 | 77.12 | +1.60 | AVGO ahead |
| 2025-04-23 | 98.34 | 74.43 | +1.41 | AVGO ahead |
| 2025-04-22 | 94.27 | 71.66 | +1.38 | AVGO ahead |
| 2025-04-21 | 92.40 | 70.22 | +1.39 | AVGO ahead |
| 2025-04-17 | 95.05 | 73.54 | +1.26 | AVGO ahead |
| 2025-04-16 | 97.06 | 75.72 | +1.20 | AVGO ahead |
| 2025-04-15 | 99.48 | 81.30 | +0.84 | AVGO ahead |
| 2025-04-14 | 99.15 | 80.22 | +0.92 | AVGO ahead |
| 2025-04-11 | 101.14 | 80.38 | +1.07 | AVGO ahead |
| 2025-04-10 | 95.78 | 77.95 | +0.88 | AVGO ahead |
| 2025-04-09 | 102.92 | 82.85 | +0.97 | AVGO ahead |
| 2025-04-08 | 86.74 | 69.78 | +0.98 | AVGO ahead |
| 2025-04-07 | 85.69 | 70.75 | +0.77 | AVGO ahead |
| 2025-04-04 | 81.32 | 68.34 | +0.64 | AVGO ahead |
| 2025-04-03 | 85.61 | 73.77 | +0.44 | near the usual relationship |
| 2025-04-02 | 95.66 | 80.01 | +0.68 | AVGO ahead |
| 2025-04-01 | 93.68 | 79.82 | +0.53 | AVGO ahead |
| 2025-03-31 | 93.07 | 78.54 | +0.61 | AVGO ahead |
| 2025-03-28 | 94.01 | 79.47 | +0.60 | AVGO ahead |
| 2025-03-27 | 95.61 | 80.75 | +0.61 | AVGO ahead |
| 2025-03-26 | 99.66 | 82.43 | +0.78 | AVGO ahead |
| 2025-03-25 | 104.65 | 87.46 | +0.70 | AVGO ahead |
| 2025-03-24 | 106.31 | 87.98 | +0.78 | AVGO ahead |
| 2025-03-21 | 106.54 | 85.29 | +1.05 | AVGO ahead |
| 2025-03-20 | 105.92 | 85.89 | +0.95 | AVGO ahead |
| 2025-03-19 | 108.72 | 85.16 | +1.24 | AVGO ahead |
| 2025-03-18 | 104.88 | 83.64 | +1.10 | AVGO ahead |
| 2025-03-17 | 108.12 | 86.62 | +1.07 | AVGO ahead |
| 2025-03-14 | 108.70 | 88.17 | +0.98 | AVGO ahead |
| 2025-03-13 | 106.38 | 83.75 | +1.23 | AVGO ahead |
| 2025-03-12 | 107.97 | 83.87 | +1.34 | AVGO ahead |
| 2025-03-11 | 105.67 | 78.81 | +1.68 | AVGO ahead |
| 2025-03-10 | 102.53 | 77.52 | +1.58 | AVGO ahead |
| 2025-03-07 | 108.38 | 81.66 | +1.62 | AVGO ahead |
| 2025-03-06 | 99.76 | 80.12 | +1.10 | AVGO ahead |
| 2025-03-05 | 106.50 | 85.00 | +1.15 | AVGO ahead |
| 2025-03-04 | 104.22 | 84.05 | +1.06 | AVGO ahead |
| 2025-03-03 | 104.16 | 82.65 | +1.19 | AVGO ahead |
| 2025-02-28 | 110.86 | 90.52 | +0.96 | AVGO ahead |
| 2025-02-27 | 109.96 | 87.07 | +1.21 | AVGO ahead |
| 2025-02-26 | 118.37 | 95.13 | +1.08 | AVGO ahead |
| 2025-02-25 | 112.59 | 91.76 | +0.97 | AVGO ahead |
| 2025-02-24 | 115.59 | 94.41 | +0.94 | AVGO ahead |
| 2025-02-21 | 121.55 | 97.41 | +1.09 | AVGO ahead |
| 2025-02-20 | 126.04 | 101.53 | +1.04 | AVGO ahead |
| 2025-02-19 | 127.15 | 100.89 | +1.16 | AVGO ahead |
| 2025-02-18 | 127.04 | 101.01 | +1.14 | AVGO ahead |
| 2025-02-14 | 129.55 | 100.62 | +1.32 | AVGO ahead |
| 2025-02-13 | 131.08 | 98.04 | +1.62 | AVGO ahead |
| 2025-02-12 | 131.39 | 95.03 | +1.89 | AVGO ahead |
| 2025-02-11 | 130.66 | 96.23 | +1.74 | AVGO ahead |
| 2025-02-10 | 130.66 | 96.79 | +1.69 | AVGO ahead |
| 2025-02-07 | 125.00 | 94.09 | +1.56 | AVGO ahead |
| 2025-02-06 | 128.61 | 93.25 | +1.86 | AVGO ahead |
| 2025-02-05 | 128.97 | 90.46 | +2.13 | AVGO ahead |
| 2025-02-04 | 123.65 | 85.98 | +2.19 | AVGO ahead |
| 2025-02-03 | 121.04 | 84.54 | +2.15 | AVGO ahead |
| 2025-01-31 | 123.00 | 87.01 | +2.04 | AVGO ahead |
| 2025-01-30 | 119.88 | 90.33 | +1.53 | AVGO ahead |
| 2025-01-29 | 114.71 | 89.64 | +1.22 | AVGO ahead |
| 2025-01-28 | 115.27 | 93.47 | +0.92 | AVGO ahead |
| 2025-01-27 | 112.36 | 85.81 | +1.36 | AVGO ahead |
| 2025-01-24 | 136.03 | 103.35 | +1.38 | AVGO ahead |
| 2025-01-23 | 133.57 | 106.68 | +0.98 | AVGO ahead |
| 2025-01-22 | 133.92 | 106.57 | +0.99 | AVGO ahead |
| 2025-01-21 | 133.59 | 102.05 | +1.28 | AVGO ahead |
| 2025-01-17 | 131.99 | 99.79 | +1.34 | AVGO ahead |
| 2025-01-16 | 127.53 | 96.79 | +1.30 | AVGO ahead |
| 2025-01-15 | 126.74 | 98.72 | +1.10 | AVGO ahead |
| 2025-01-14 | 124.91 | 95.48 | +1.21 | AVGO ahead |
| 2025-01-13 | 125.24 | 96.54 | +1.14 | AVGO ahead |
| 2025-01-10 | 124.69 | 98.49 | +0.96 | AVGO ahead |
| 2025-01-08 | 127.47 | 101.53 | +0.88 | AVGO ahead |
| 2025-01-07 | 127.10 | 101.55 | +0.84 | AVGO ahead |
| 2025-01-06 | 131.42 | 108.28 | +0.62 | AVGO ahead |
| 2025-01-03 | 129.27 | 104.69 | +0.71 | AVGO ahead |
| 2025-01-02 | 128.96 | 100.22 | +0.96 | AVGO ahead |
| 2024-12-31 | 128.88 | 97.31 | +1.12 | AVGO ahead |
| 2024-12-30 | 130.96 | 99.63 | +1.06 | AVGO ahead |
| 2024-12-27 | 134.39 | 99.28 | +1.22 | AVGO ahead |
| 2024-12-26 | 136.39 | 101.40 | +1.16 | AVGO ahead |
| 2024-12-24 | 133.24 | 101.61 | +0.98 | AVGO ahead |
| 2024-12-23 | 129.16 | 101.21 | +0.80 | AVGO ahead |
| 2024-12-20 | 122.74 | 97.61 | +0.69 | AVGO ahead |
| 2024-12-19 | 121.36 | 94.70 | +0.79 | AVGO ahead |
| 2024-12-18 | 124.31 | 93.41 | +0.99 | AVGO ahead |
| 2024-12-17 | 133.54 | 94.49 | +1.31 | AVGO ahead |
| 2024-12-16 | 138.97 | 95.65 | +1.45 | AVGO ahead |
| 2024-12-13 | 124.97 | 97.28 | +0.74 | AVGO ahead |
| 2024-12-12 | 100.43 | 99.52 | -0.61 | NVDA ahead |
| 2024-12-11 | 101.84 | 100.95 | -0.61 | NVDA ahead |
| 2024-12-10 | 95.51 | 97.88 | -0.80 | NVDA ahead |
| 2024-12-09 | 99.47 | 100.59 | -0.74 | NVDA ahead |
| 2024-12-06 | 99.80 | 103.22 | -0.86 | NVDA ahead |
| 2024-12-05 | 94.76 | 105.12 | -1.25 | NVDA ahead |
| 2024-12-04 | 94.81 | 105.17 | -1.26 | NVDA ahead |
| 2024-12-03 | 93.47 | 101.64 | -1.16 | NVDA ahead |
| 2024-12-02 | 92.56 | 100.46 | -1.16 | NVDA ahead |
| 2024-11-29 | 90.10 | 100.18 | -1.30 | NVDA ahead |
| 2024-11-27 | 88.76 | 98.07 | -1.27 | NVDA ahead |
| 2024-11-26 | 91.58 | 99.22 | -1.18 | NVDA ahead |
| 2024-11-25 | 91.62 | 98.57 | -1.15 | NVDA ahead |
| 2024-11-22 | 91.29 | 102.86 | -1.41 | NVDA ahead |
| 2024-11-21 | 91.13 | 106.28 | -1.60 | NVDA ahead |
| 2024-11-20 | 90.75 | 105.72 | -1.61 | NVDA ahead |
| 2024-11-19 | 91.92 | 106.53 | -1.60 | NVDA ahead |
| 2024-11-18 | 92.10 | 101.56 | -1.34 | NVDA ahead |
| 2024-11-15 | 91.63 | 102.88 | -1.45 | NVDA ahead |
| 2024-11-14 | 94.71 | 106.35 | -1.46 | NVDA ahead |
| 2024-11-13 | 96.49 | 105.99 | -1.36 | NVDA ahead |
| 2024-11-12 | 97.96 | 107.46 | -1.36 | NVDA ahead |
| 2024-11-11 | 99.46 | 105.26 | -1.18 | NVDA ahead |
| 2024-11-08 | 102.08 | 106.98 | -1.13 | NVDA ahead |
| 2024-11-07 | 102.18 | 107.88 | -1.18 | NVDA ahead |
| 2024-11-06 | 99.81 | 105.51 | -1.20 | NVDA ahead |
| 2024-11-05 | 96.67 | 101.38 | -1.16 | NVDA ahead |
| 2024-11-04 | 93.70 | 98.59 | -1.19 | NVDA ahead |
| 2024-11-01 | 93.90 | 98.12 | -1.16 | NVDA ahead |
| 2024-10-31 | 94.37 | 96.20 | -1.04 | NVDA ahead |
| 2024-10-30 | 98.19 | 100.97 | -1.09 | NVDA ahead |
| 2024-10-29 | 99.64 | 102.36 | -1.10 | NVDA ahead |
| 2024-10-28 | 95.63 | 101.83 | -1.29 | NVDA ahead |
| 2024-10-25 | 96.17 | 102.57 | -1.31 | NVDA ahead |
| 2024-10-24 | 95.25 | 101.75 | -1.33 | NVDA ahead |
| 2024-10-23 | 96.45 | 101.13 | -1.24 | NVDA ahead |
| 2024-10-22 | 99.72 | 104.05 | -1.23 | NVDA ahead |
| 2024-10-21 | 100.06 | 104.14 | -1.22 | NVDA ahead |
| 2024-10-18 | 100.00 | 100.00 | -1.02 | NVDA ahead |
One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Dec 13, 2024 (AVGO +24.4%, NVDA -2.3%); Dec 16, 2024 (AVGO +11.2%, NVDA -1.7%); Sep 5, 2025 (AVGO +9.4%, NVDA -2.7%); Jun 4, 2026 (AVGO -12.6%, NVDA +1.8%).
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)
1 simulated trade to Oct 20, 2026: +20.08% per trade on average after costs, 1 won.
| Legs | Entered | Exited | Why | Days | Before costs | Costs + borrow | After costs |
|---|---|---|---|---|---|---|---|
| Long NVDA · Short AVGO | Nov 26, 2025 | Feb 25, 2026 | converged | 91 | $2,075.35 | -$35.34 | $2,007.67 (+20.08%) |
Per $10,000 a leg. A replay on today's companies cannot prove an edge.
AVGO and NVDA at a glance
AVGO Broadcom Inc.
- Listing
- Nasdaq · SEC CIK 1730168
- Industry
- Semiconductors · SIC 3674 Semiconductors & Related Devices
- Market value
- $1.60T
- Price history
- 2,521 daily closes, Oct 12, 2016 to Oct 22, 2026
NVDA NVIDIA Corporation
- Listing
- Nasdaq · SEC CIK 1045810
- Industry
- Semiconductors · SIC 3674 Semiconductors & Related Devices
- Market value
- $5.23T
- 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.
Other rivals of AVGO and NVDA
| Pair | Status | Ahead now | Industry |
|---|---|---|---|
| TSM / AVGO | Watchlist | TSM by 1.57 sd | Semiconductors |
| NVDA / TSM | Watchlist | TSM by 0.41 sd | Semiconductors |
Follow the research behind the paper book
Boostio is a research-first platform in private beta: crypto candidates, daily market stories, public paper trading and now rival stocks. Exploring these pages stays free and open.
Explore the private betaPaper 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.
