SIC 3620 Electrical Industrial Apparatus

Bloom Energy Corporation vs Woodward Inc.

WatchlistBE / WWDPrices through Oct 22, 2026

Why these are rivals: #1 and #2 by market value ($67B vs $19B) with SEC SIC 3620 (Electrical Industrial Apparatus).

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: 0.32 (needs >= 0.60)
Mean reversion: ADF t-statistic of the spread: -1.49 (needs <= -2.873 (5% critical value))

Business leadership

WWD is the larger business

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

Year	BE	WWD	Larger
2025	$2.0B	$3.6B	WWD
2024	$1.5B	$3.3B	WWD
2023	$1.3B	$2.9B	WWD
2022	$1.2B	$2.4B	WWD
2021	$972M	$2.2B	WWD
2020	$794M	$2.5B	WWD

WWD led in every year with figures for both. Market value: BE $66.6B, WWD $19.4B.

Stock leadership

BE is ahead now

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

BE leads WWD by 0.93 standard deviations: +35.4% over its usual price ratio. 0 lead switches in the last year.

Price change	3 mo	6 mo	12 mo
BE	+17.8%	-8.3%	+108.6%
WWD	-27.2%	-17.1%	+20.0%

Relationship

Not a measured twin today

Only these tests can make a pair tradable on paper.

Pass: Aligned sessions: 2073 (needs >= 254)
Fail: Co-movement: daily return correlation, 252 sessions: 0.32 (needs >= 0.60)
Fail: Mean reversion: ADF t-statistic of the spread: -1.49 (needs <= -2.873 (5% critical value))
Pass: Speed: half-life of the spread, sessions: 35.06 (needs <= 63)
Data: Both stocks current

The twins over two years

Prices side by side, and the gap between them

BE Bloom Energy Corporation WWD Woodward Inc.Price index, 100 = 2024-10-18. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).

Spread z-score: BE relative to WWD, against the 252 sessions before each day. Above 0: BE ahead; below 0: WWD ahead. Lines at +/-2 (idea) and +/-4 (stop).

Data table (504 sessions)

Date	BE index	WWD index	z	Ahead
2026-10-22	2143.41	184.76	+0.93	BE ahead
2026-10-21	2347.74	197.06	+1.02	BE ahead
2026-10-20	2191.44	196.41	+0.82	BE ahead
2026-10-19	2226.57	199.58	+0.83	BE ahead
2026-10-16	2178.25	199.08	+0.77	BE ahead
2026-10-15	2325.79	201.98	+0.94	BE ahead
2026-10-14	2355.71	199.11	+1.03	BE ahead
2026-10-13	2593.01	201.52	+1.30	BE ahead
2026-10-12	2581.50	201.55	+1.29	BE ahead
2026-10-09	2760.83	203.34	+1.49	BE ahead
2026-10-08	2685.24	196.03	+1.53	BE ahead
2026-10-07	2867.03	196.52	+1.74	BE ahead
2026-10-06	2911.22	201.55	+1.72	BE ahead
2026-10-05	2821.36	201.79	+1.64	BE ahead
2026-10-02	2845.96	200.98	+1.69	BE ahead
2026-10-01	2732.09	203.75	+1.54	BE ahead
2026-09-30	2726.18	199.15	+1.61	BE ahead
2026-09-29	2866.63	199.87	+1.77	BE ahead
2026-09-28	2587.30	197.54	+1.50	BE ahead
2026-09-25	2841.54	200.19	+1.76	BE ahead
2026-09-24	2624.51	197.50	+1.57	BE ahead
2026-09-23	2708.56	197.72	+1.68	BE ahead
2026-09-22	2721.75	197.66	+1.72	BE ahead
2026-09-21	2685.93	197.07	+1.70	BE ahead
2026-09-18	2614.47	194.99	+1.66	BE ahead
2026-09-17	2763.39	193.67	+1.88	BE ahead
2026-09-16	2657.68	193.00	+1.78	BE ahead
2026-09-15	2552.66	193.64	+1.66	BE ahead
2026-09-14	2530.02	196.77	+1.59	BE ahead
2026-09-11	2714.07	204.40	+1.70	BE ahead
2026-09-10	2544.19	201.67	+1.55	BE ahead
2026-09-09	2650.39	204.64	+1.64	BE ahead
2026-09-08	2728.54	205.62	+1.72	BE ahead
2026-09-04	2488.88	209.83	+1.38	BE ahead
2026-09-03	2318.41	207.61	+1.19	BE ahead
2026-09-02	2138.58	203.35	+1.01	BE ahead
2026-09-01	2102.66	203.99	+0.95	BE ahead
2026-08-31	2030.51	205.95	+0.83	BE ahead
2026-08-28	2074.51	207.16	+0.88	BE ahead
2026-08-27	2144.00	209.90	+0.94	BE ahead
2026-08-26	2147.74	209.64	+0.95	BE ahead
2026-08-25	2140.26	205.85	+1.00	BE ahead
2026-08-24	2008.07	201.91	+0.87	BE ahead
2026-08-21	1982.78	208.04	+0.76	BE ahead
2026-08-20	1992.91	207.39	+0.78	BE ahead
2026-08-19	2033.76	218.15	+0.70	BE ahead
2026-08-18	2057.19	221.94	+0.69	BE ahead
2026-08-17	2285.04	224.48	+0.95	BE ahead
2026-08-14	2263.19	224.58	+0.93	BE ahead
2026-08-13	2325.00	217.30	+1.09	BE ahead
2026-08-12	2334.25	219.82	+1.07	BE ahead
2026-08-11	2078.84	216.11	+0.82	BE ahead
2026-08-10	2073.13	215.82	+0.82	BE ahead
2026-08-07	2158.86	219.93	+0.88	BE ahead
2026-08-06	2253.54	221.68	+0.97	BE ahead
2026-08-05	2306.40	226.23	+0.98	BE ahead
2026-08-04	2245.18	226.47	+0.91	BE ahead
2026-08-03	2148.82	220.35	+0.88	BE ahead
2026-07-31	2025.69	218.64	+0.76	BE ahead
2026-07-30	2038.58	215.93	+0.81	BE ahead
2026-07-29	1611.71	233.59	+0.09	near the usual relationship
2026-07-28	1642.13	248.82	-0.01	near the usual relationship
2026-07-27	1852.17	254.40	+0.22	near the usual relationship
2026-07-24	1819.78	253.94	+0.20	near the usual relationship
2026-07-23	2138.78	249.66	+0.59	BE ahead
2026-07-22	2147.83	245.21	+0.65	BE ahead
2026-07-21	2226.97	246.59	+0.71	BE ahead
2026-07-20	1939.57	236.82	+0.51	BE ahead
2026-07-17	2115.75	238.11	+0.69	BE ahead
2026-07-16	2034.74	238.86	+0.60	BE ahead
2026-07-15	2356.10	243.63	+0.86	BE ahead
2026-07-14	2395.67	241.15	+0.92	BE ahead
2026-07-13	2298.13	240.56	+0.85	BE ahead
2026-07-10	2407.58	246.30	+0.89	BE ahead
2026-07-09	2529.72	244.53	+1.01	BE ahead
2026-07-08	2502.85	242.17	+1.01	BE ahead
2026-07-07	2653.25	245.36	+1.09	BE ahead
2026-07-06	2904.04	256.65	+1.18	BE ahead
2026-07-02	2666.24	253.35	+1.05	BE ahead
2026-07-01	2849.41	255.11	+1.16	BE ahead
2026-06-30	2979.33	257.84	+1.23	BE ahead
2026-06-29	2706.79	256.56	+1.07	BE ahead
2026-06-26	2480.51	261.59	+0.89	BE ahead
2026-06-25	3043.11	264.51	+1.23	BE ahead
2026-06-24	3210.53	262.30	+1.34	BE ahead
2026-06-23	3169.09	259.55	+1.34	BE ahead
2026-06-22	3404.04	258.68	+1.48	BE ahead
2026-06-18	3237.30	260.65	+1.38	BE ahead
2026-06-17	2805.02	263.53	+1.13	BE ahead
2026-06-16	2764.57	255.48	+1.16	BE ahead
2026-06-15	2701.77	243.94	+1.21	BE ahead
2026-06-12	2561.22	234.45	+1.19	BE ahead
2026-06-11	2449.61	235.28	+1.12	BE ahead
2026-06-10	2305.41	222.59	+1.12	BE ahead
2026-06-09	2555.22	230.76	+1.23	BE ahead
2026-06-08	2495.77	218.05	+1.29	BE ahead
2026-06-05	2594.59	216.81	+1.37	BE ahead
2026-06-04	2867.81	218.40	+1.53	BE ahead
2026-06-03	2827.95	212.14	+1.56	BE ahead
2026-06-02	2980.81	208.91	+1.68	BE ahead
2026-06-01	2692.03	207.13	+1.54	BE ahead
2026-05-29	2805.12	212.14	+1.58	BE ahead
2026-05-28	2854.43	215.13	+1.59	BE ahead
2026-05-27	2891.73	217.10	+1.61	BE ahead
2026-05-26	2976.38	218.94	+1.65	BE ahead
2026-05-22	2977.26	212.95	+1.71	BE ahead
2026-05-21	3030.31	215.61	+1.73	BE ahead
2026-05-20	2778.64	215.99	+1.60	BE ahead
2026-05-19	2572.24	209.00	+1.54	BE ahead
2026-05-18	2546.36	211.76	+1.52	BE ahead
2026-05-15	2716.04	211.64	+1.63	BE ahead
2026-05-14	2986.32	221.46	+1.72	BE ahead
2026-05-13	2851.97	224.11	+1.65	BE ahead
2026-05-12	2762.70	222.70	+1.62	BE ahead
2026-05-11	2794.49	224.39	+1.64	BE ahead
2026-05-08	2569.19	224.20	+1.52	BE ahead
2026-05-07	2545.67	224.71	+1.51	BE ahead
2026-05-06	2809.74	231.77	+1.63	BE ahead
2026-05-05	2906.00	221.56	+1.76	BE ahead
2026-05-04	2840.94	216.38	+1.78	BE ahead
2026-05-01	2859.45	219.99	+1.78	BE ahead
2026-04-30	2788.98	219.99	+1.76	BE ahead
2026-04-29	2834.35	218.78	+1.81	BE ahead
2026-04-28	2228.05	220.59	+1.43	BE ahead
2026-04-27	2309.84	222.20	+1.49	BE ahead
2026-04-24	2275.30	221.18	+1.48	BE ahead
2026-04-23	2338.29	222.74	+1.53	BE ahead
2026-04-22	2261.32	222.11	+1.49	BE ahead
2026-04-21	2174.31	230.47	+1.38	BE ahead
2026-04-20	2148.33	238.67	+1.32	BE ahead
2026-04-17	2045.87	239.29	+1.25	BE ahead
2026-04-16	2067.52	227.22	+1.36	BE ahead
2026-04-15	2104.72	238.25	+1.32	BE ahead
2026-04-14	2155.81	244.39	+1.33	BE ahead
2026-04-13	1738.88	241.96	+1.02	BE ahead
2026-04-10	1640.75	235.44	+0.98	BE ahead
2026-04-09	1576.08	237.90	+0.91	BE ahead
2026-04-08	1444.69	239.38	+0.77	BE ahead
2026-04-07	1337.70	227.38	+0.73	BE ahead
2026-04-06	1328.74	229.62	+0.71	BE ahead
2026-04-02	1334.94	225.32	+0.76	BE ahead
2026-04-01	1303.64	227.80	+0.71	BE ahead
2026-03-31	1333.56	216.92	+0.83	BE ahead
2026-03-30	1176.28	206.98	+0.71	BE ahead
2026-03-27	1311.42	212.83	+0.84	BE ahead
2026-03-26	1314.17	215.55	+0.83	BE ahead
2026-03-25	1478.54	225.50	+0.95	BE ahead
2026-03-24	1435.83	223.63	+0.93	BE ahead
2026-03-23	1391.04	219.18	+0.92	BE ahead
2026-03-20	1477.56	214.15	+1.05	BE ahead
2026-03-19	1640.65	223.02	+1.16	BE ahead
2026-03-18	1541.14	225.83	+1.05	BE ahead
2026-03-17	1575.30	222.58	+1.12	BE ahead
2026-03-16	1512.60	222.78	+1.06	BE ahead
2026-03-13	1520.77	216.24	+1.13	BE ahead
2026-03-12	1546.95	219.26	+1.14	BE ahead
2026-03-11	1567.03	233.88	+1.07	BE ahead
2026-03-10	1515.75	233.87	+1.03	BE ahead
2026-03-09	1489.37	233.07	+1.01	BE ahead
2026-03-06	1330.61	226.61	+0.88	BE ahead
2026-03-05	1574.70	234.30	+1.11	BE ahead
2026-03-04	1621.85	233.33	+1.17	BE ahead
2026-03-03	1506.10	233.67	+1.06	BE ahead
2026-03-02	1633.86	243.98	+1.13	BE ahead
2026-02-27	1532.19	234.40	+1.10	BE ahead
2026-02-26	1659.15	234.99	+1.23	BE ahead
2026-02-25	1720.18	238.53	+1.27	BE ahead
2026-02-24	1635.83	239.25	+1.20	BE ahead
2026-02-23	1577.56	238.04	+1.16	BE ahead
2026-02-20	1452.26	238.81	+1.03	BE ahead
2026-02-19	1564.96	236.92	+1.17	BE ahead
2026-02-18	1547.93	237.81	+1.16	BE ahead
2026-02-17	1430.31	234.62	+1.06	BE ahead
2026-02-13	1375.39	229.93	+1.04	BE ahead
2026-02-12	1368.41	230.56	+1.03	BE ahead
2026-02-11	1530.91	236.13	+1.18	BE ahead
2026-02-10	1463.58	237.29	+1.11	BE ahead
2026-02-09	1527.26	238.05	+1.19	BE ahead
2026-02-06	1407.78	235.45	+1.08	BE ahead
2026-02-05	1344.49	228.37	+1.06	BE ahead
2026-02-04	1450.30	226.25	+1.21	BE ahead
2026-02-03	1662.30	224.95	+1.45	BE ahead
2026-02-02	1536.71	198.33	+1.55	BE ahead
2026-01-30	1489.86	192.63	+1.56	BE ahead
2026-01-29	1540.45	193.58	+1.62	BE ahead
2026-01-28	1627.85	197.54	+1.70	BE ahead
2026-01-27	1499.11	199.65	+1.56	BE ahead
2026-01-26	1374.21	200.72	+1.42	BE ahead
2026-01-23	1426.08	198.19	+1.51	BE ahead
2026-01-22	1433.37	201.82	+1.50	BE ahead
2026-01-21	1481.89	203.28	+1.56	BE ahead
2026-01-20	1493.60	198.92	+1.63	BE ahead
2026-01-16	1471.46	201.85	+1.59	BE ahead
2026-01-15	1369.78	203.64	+1.47	BE ahead
2026-01-14	1313.58	200.76	+1.44	BE ahead
2026-01-13	1375.69	200.05	+1.54	BE ahead
2026-01-12	1347.15	197.60	+1.54	BE ahead
2026-01-09	1319.59	195.15	+1.54	BE ahead
2026-01-08	1199.21	193.47	+1.40	BE ahead
2026-01-07	1062.99	195.51	+1.18	BE ahead
2026-01-06	1014.27	197.56	+1.08	BE ahead
2026-01-05	1022.34	195.21	+1.13	BE ahead
2026-01-02	971.36	188.40	+1.11	BE ahead
2025-12-31	855.22	183.22	+0.94	BE ahead
2025-12-30	858.86	183.70	+0.95	BE ahead
2025-12-29	870.18	186.12	+0.95	BE ahead
2025-12-26	887.60	188.72	+0.97	BE ahead
2025-12-24	904.33	190.22	+1.00	BE ahead
2025-12-23	899.90	191.62	+0.98	BE ahead
2025-12-22	908.07	191.03	+1.01	BE ahead
2025-12-19	874.21	185.44	+1.00	BE ahead
2025-12-18	789.47	177.72	+0.90	BE ahead
2025-12-17	757.58	174.45	+0.87	BE ahead
2025-12-16	862.30	178.44	+1.07	BE ahead
2025-12-15	881.69	180.81	+1.09	BE ahead
2025-12-12	934.84	180.58	+1.21	BE ahead
2025-12-11	1072.74	181.02	+1.47	BE ahead
2025-12-10	996.95	175.87	+1.40	BE ahead
2025-12-09	1077.17	174.40	+1.57	BE ahead
2025-12-08	1100.30	180.89	+1.55	BE ahead
2025-12-05	1173.03	183.91	+1.66	BE ahead
2025-12-04	1162.30	182.81	+1.67	BE ahead
2025-12-03	1008.86	176.76	+1.48	BE ahead
2025-12-02	1033.46	180.63	+1.50	BE ahead
2025-12-01	973.72	181.97	+1.38	BE ahead
2025-11-28	1075.20	181.84	+1.58	BE ahead
2025-11-26	995.47	180.70	+1.46	BE ahead
2025-11-25	928.05	177.98	+1.37	BE ahead
2025-11-24	940.55	158.29	+1.63	BE ahead
2025-11-21	885.73	159.21	+1.52	BE ahead
2025-11-20	919.09	156.72	+1.64	BE ahead
2025-11-19	1072.15	157.22	+1.95	BE ahead
2025-11-18	1033.17	156.15	+1.91	BE ahead
2025-11-17	1054.23	157.49	+1.96	BE ahead
2025-11-14	1101.28	157.84	+2.06	BE ahead
2025-11-13	1019.19	159.57	+1.91	BE ahead
2025-11-12	1247.24	166.08	+2.26	BE ahead
2025-11-11	1250.69	163.12	+2.32	BE ahead
2025-11-10	1370.37	164.54	+2.52	BE ahead
2025-11-07	1330.81	161.40	+2.54	BE ahead
2025-11-06	1347.05	160.06	+2.62	BE ahead
2025-11-05	1391.83	158.98	+2.74	BE ahead
2025-11-04	1270.18	156.90	+2.62	BE ahead
2025-11-03	1401.28	158.60	+2.84	BE ahead
2025-10-31	1300.79	158.85	+2.72	BE ahead
2025-10-30	1258.37	160.90	+2.67	BE ahead
2025-10-29	1316.04	162.05	+2.79	BE ahead
2025-10-28	1114.96	159.12	+2.50	BE ahead
2025-10-27	1068.21	161.50	+2.40	BE ahead
2025-10-24	1086.42	161.10	+2.48	BE ahead
2025-10-23	998.23	159.87	+2.33	BE ahead
2025-10-22	928.84	149.94	+2.34	BE ahead
2025-10-21	1027.36	154.02	+2.54	BE ahead
2025-10-20	1073.43	152.72	+2.70	BE ahead
2025-10-17	1097.44	150.01	+2.84	BE ahead
2025-10-16	1132.78	149.68	+2.97	BE ahead
2025-10-15	1147.44	152.42	+3.01	BE ahead
2025-10-14	1122.64	154.75	+2.98	BE ahead
2025-10-13	1081.79	153.64	+2.97	BE ahead
2025-10-10	855.02	149.82	+2.50	BE ahead
2025-10-09	852.85	152.56	+2.48	BE ahead
2025-10-08	862.01	152.55	+2.54	BE ahead
2025-10-07	847.05	154.24	+2.51	BE ahead
2025-10-06	856.00	156.56	+2.53	BE ahead
2025-10-03	888.68	156.19	+2.67	BE ahead
2025-10-02	866.14	154.16	+2.68	BE ahead
2025-10-01	887.70	153.91	+2.79	BE ahead
2025-09-30	832.38	153.16	+2.68	BE ahead
2025-09-29	724.41	149.06	+2.42	BE ahead
2025-09-26	692.13	150.96	+2.30	BE ahead
2025-09-25	676.08	147.85	+2.32	BE ahead
2025-09-24	680.91	143.96	+2.45	BE ahead
2025-09-23	761.61	144.90	+2.77	BE ahead
2025-09-22	849.11	145.79	+3.10	BE ahead
2025-09-19	835.93	144.31	+3.15	BE ahead
2025-09-18	796.95	145.44	+3.05	BE ahead
2025-09-17	784.15	143.93	+3.09	BE ahead
2025-09-16	721.36	145.72	+2.88	BE ahead
2025-09-15	659.65	145.38	+2.67	BE ahead
2025-09-12	662.01	144.35	+2.75	BE ahead
2025-09-11	662.30	145.44	+2.77	BE ahead
2025-09-10	619.69	144.71	+2.63	BE ahead
2025-09-09	541.34	143.84	+2.28	BE ahead
2025-09-08	525.98	146.02	+2.18	BE ahead
2025-09-05	561.71	147.18	+2.38	BE ahead
2025-09-04	540.45	148.24	+2.28	BE ahead
2025-09-03	516.24	148.20	+2.17	BE ahead
2025-09-02	505.41	149.09	+2.11	BE ahead
2025-08-29	521.06	149.59	+2.22	BE ahead
2025-08-28	539.37	151.09	+2.33	BE ahead
2025-08-27	500.49	151.30	+2.12	BE ahead
2025-08-26	491.54	152.90	+2.05	BE ahead
2025-08-25	485.73	149.09	+2.12	BE ahead
2025-08-22	477.76	150.33	+2.07	BE ahead
2025-08-21	441.24	150.21	+1.84	BE ahead
2025-08-20	438.09	149.24	+1.86	BE ahead
2025-08-19	424.21	148.44	+1.79	BE ahead
2025-08-18	457.68	149.71	+2.03	BE ahead
2025-08-15	445.67	148.67	+1.99	BE ahead
2025-08-14	444.00	148.68	+2.00	BE ahead
2025-08-13	433.86	149.61	+1.93	BE ahead
2025-08-12	406.00	152.98	+1.65	BE ahead
2025-08-11	370.57	150.73	+1.41	BE ahead
2025-08-08	362.20	150.58	+1.35	BE ahead
2025-08-07	362.20	151.90	+1.33	BE ahead
2025-08-06	382.48	152.55	+1.51	BE ahead
2025-08-05	370.18	153.42	+1.40	BE ahead
2025-08-04	355.31	157.50	+1.18	BE ahead
2025-08-01	361.42	157.15	+1.26	BE ahead
2025-07-31	368.01	155.81	+1.36	BE ahead
2025-07-30	370.28	161.27	+1.27	BE ahead
2025-07-29	342.03	158.85	+1.06	BE ahead
2025-07-28	342.32	156.67	+1.12	BE ahead
2025-07-25	337.99	155.92	+1.10	BE ahead
2025-07-24	325.39	154.69	+1.01	BE ahead
2025-07-23	264.67	155.99	+0.29	near the usual relationship
2025-07-22	255.22	152.30	+0.25	near the usual relationship
2025-07-21	249.61	154.03	+0.14	near the usual relationship
2025-07-18	245.96	156.62	+0.03	near the usual relationship
2025-07-17	239.27	156.01	-0.04	near the usual relationship
2025-07-16	243.01	153.72	+0.06	near the usual relationship
2025-07-15	249.11	152.57	+0.17	near the usual relationship
2025-07-14	255.51	152.46	+0.26	near the usual relationship
2025-07-11	250.00	148.57	+0.28	near the usual relationship
2025-07-10	254.43	149.27	+0.33	near the usual relationship
2025-07-09	282.58	152.75	+0.61	BE ahead
2025-07-08	239.17	151.42	+0.09	near the usual relationship
2025-07-07	239.76	153.64	+0.05	near the usual relationship
2025-07-03	238.58	152.93	+0.06	near the usual relationship
2025-07-02	222.05	150.80	-0.13	near the usual relationship
2025-07-01	217.81	148.09	-0.13	near the usual relationship
2025-06-30	235.43	148.54	+0.12	near the usual relationship
2025-06-27	218.31	149.07	-0.14	near the usual relationship
2025-06-26	219.78	150.03	-0.14	near the usual relationship
2025-06-25	212.60	147.52	-0.19	near the usual relationship
2025-06-24	225.89	147.08	+0.02	near the usual relationship
2025-06-23	222.05	146.47	-0.01	near the usual relationship
2025-06-20	214.07	144.18	-0.08	near the usual relationship
2025-06-18	211.61	144.84	-0.13	near the usual relationship
2025-06-17	210.04	143.38	-0.12	near the usual relationship
2025-06-16	225.49	142.39	+0.14	near the usual relationship
2025-06-13	216.04	140.64	+0.04	near the usual relationship
2025-06-12	219.00	142.39	+0.04	near the usual relationship
2025-06-11	221.75	141.24	+0.11	near the usual relationship
2025-06-10	212.89	139.22	+0.03	near the usual relationship
2025-06-09	210.93	142.16	-0.07	near the usual relationship
2025-06-06	214.37	142.19	-0.02	near the usual relationship
2025-06-05	201.28	141.41	-0.20	near the usual relationship
2025-06-04	199.31	142.13	-0.25	near the usual relationship
2025-06-03	200.89	139.79	-0.17	near the usual relationship
2025-06-02	179.92	132.24	-0.35	near the usual relationship
2025-05-30	181.79	131.11	-0.29	near the usual relationship
2025-05-29	182.78	132.10	-0.30	near the usual relationship
2025-05-28	192.81	131.18	-0.10	near the usual relationship
2025-05-27	194.49	132.41	-0.10	near the usual relationship
2025-05-23	191.73	127.64	-0.03	near the usual relationship
2025-05-22	180.81	124.85	-0.14	near the usual relationship
2025-05-21	179.23	125.98	-0.20	near the usual relationship
2025-05-20	188.09	129.21	-0.12	near the usual relationship
2025-05-19	189.27	129.41	-0.10	near the usual relationship
2025-05-16	197.93	127.15	+0.11	near the usual relationship
2025-05-15	195.08	126.26	+0.09	near the usual relationship
2025-05-14	199.31	124.90	+0.19	near the usual relationship
2025-05-13	188.58	123.23	+0.06	near the usual relationship
2025-05-12	186.12	122.10	+0.06	near the usual relationship
2025-05-09	173.43	119.08	-0.09	near the usual relationship
2025-05-08	169.69	118.55	-0.14	near the usual relationship
2025-05-07	162.70	117.70	-0.25	near the usual relationship
2025-05-06	160.83	118.84	-0.31	near the usual relationship
2025-05-05	160.63	118.78	-0.31	near the usual relationship
2025-05-02	161.81	117.53	-0.25	near the usual relationship
2025-05-01	165.45	115.45	-0.12	near the usual relationship
2025-04-30	180.31	113.68	+0.20	near the usual relationship
2025-04-29	186.12	112.02	+0.36	near the usual relationship
2025-04-28	189.37	109.97	+0.48	near the usual relationship
2025-04-25	186.32	110.22	+0.42	near the usual relationship
2025-04-24	178.54	109.73	+0.31	near the usual relationship
2025-04-23	169.88	105.59	+0.28	near the usual relationship
2025-04-22	166.14	101.70	+0.33	near the usual relationship
2025-04-21	161.22	100.13	+0.29	near the usual relationship
2025-04-17	167.32	102.53	+0.33	near the usual relationship
2025-04-16	175.49	102.78	+0.48	near the usual relationship
2025-04-15	180.22	103.44	+0.55	BE ahead
2025-04-14	176.18	103.04	+0.49	near the usual relationship
2025-04-11	173.62	101.60	+0.49	near the usual relationship
2025-04-10	165.85	100.82	+0.38	near the usual relationship
2025-04-09	175.89	105.99	+0.41	near the usual relationship
2025-04-08	167.52	95.46	+0.59	BE ahead
2025-04-07	169.69	97.12	+0.58	BE ahead
2025-04-04	163.39	95.33	+0.52	BE ahead
2025-04-03	190.35	106.00	+0.67	BE ahead
2025-04-02	207.87	115.24	+0.69	BE ahead
2025-04-01	209.06	113.42	+0.77	BE ahead
2025-03-31	193.50	110.60	+0.61	BE ahead
2025-03-28	200.10	111.08	+0.71	BE ahead
2025-03-27	216.44	113.96	+0.88	BE ahead
2025-03-26	219.29	114.05	+0.92	BE ahead
2025-03-25	227.46	117.02	+0.96	BE ahead
2025-03-24	226.67	116.44	+0.98	BE ahead
2025-03-21	235.73	112.36	+1.22	BE ahead
2025-03-20	250.10	113.08	+1.40	BE ahead
2025-03-19	239.27	113.39	+1.26	BE ahead
2025-03-18	234.35	111.96	+1.25	BE ahead
2025-03-17	238.09	110.50	+1.35	BE ahead
2025-03-14	240.85	109.41	+1.43	BE ahead
2025-03-13	235.53	107.19	+1.43	BE ahead
2025-03-12	241.63	108.38	+1.49	BE ahead
2025-03-11	246.06	107.84	+1.58	BE ahead
2025-03-10	222.64	104.99	+1.36	BE ahead
2025-03-07	227.17	106.88	+1.38	BE ahead
2025-03-06	220.37	107.45	+1.28	BE ahead
2025-03-05	237.40	110.84	+1.43	BE ahead
2025-03-04	223.43	108.05	+1.33	BE ahead
2025-03-03	230.51	111.72	+1.33	BE ahead
2025-02-28	236.42	114.54	+1.34	BE ahead
2025-02-27	226.77	111.87	+1.30	BE ahead
2025-02-26	230.31	111.46	+1.37	BE ahead
2025-02-25	216.24	110.82	+1.19	BE ahead
2025-02-24	223.43	110.95	+1.31	BE ahead
2025-02-21	237.89	111.96	+1.50	BE ahead
2025-02-20	255.81	115.15	+1.66	BE ahead
2025-02-19	260.83	116.10	+1.71	BE ahead
2025-02-18	256.10	115.42	+1.69	BE ahead
2025-02-14	250.10	113.05	+1.69	BE ahead
2025-02-13	243.21	115.59	+1.54	BE ahead
2025-02-12	231.10	115.73	+1.37	BE ahead
2025-02-11	236.91	117.13	+1.43	BE ahead
2025-02-10	249.90	117.02	+1.62	BE ahead
2025-02-07	243.90	118.32	+1.52	BE ahead
2025-02-06	243.90	117.75	+1.55	BE ahead
2025-02-05	238.78	115.13	+1.56	BE ahead
2025-02-04	227.46	111.82	+1.51	BE ahead
2025-02-03	231.99	113.88	+1.53	BE ahead
2025-01-31	232.09	112.27	+1.59	BE ahead
2025-01-30	231.50	112.67	+1.58	BE ahead
2025-01-29	220.28	111.27	+1.46	BE ahead
2025-01-28	200.79	112.15	+1.11	BE ahead
2025-01-27	220.67	111.57	+1.48	BE ahead
2025-01-24	293.41	113.91	+2.45	BE ahead
2025-01-23	272.34	114.70	+2.18	BE ahead
2025-01-22	251.28	114.93	+1.91	BE ahead
2025-01-21	253.44	116.65	+1.90	BE ahead
2025-01-17	235.43	114.62	+1.71	BE ahead
2025-01-16	231.89	113.92	+1.69	BE ahead
2025-01-15	222.93	111.31	+1.65	BE ahead
2025-01-14	219.49	111.58	+1.59	BE ahead
2025-01-13	226.67	109.15	+1.81	BE ahead
2025-01-10	232.09	108.09	+1.95	BE ahead
2025-01-08	239.96	110.37	+2.01	BE ahead
2025-01-07	246.65	107.96	+2.22	BE ahead
2025-01-06	250.79	107.35	+2.33	BE ahead
2025-01-03	239.37	105.85	+2.22	BE ahead
2025-01-02	230.02	103.87	+2.16	BE ahead
2024-12-31	218.60	100.86	+2.09	BE ahead
2024-12-30	221.56	101.90	+2.11	BE ahead
2024-12-27	225.39	102.98	+2.16	BE ahead
2024-12-26	239.47	104.05	+2.38	BE ahead
2024-12-24	239.47	103.50	+2.42	BE ahead
2024-12-23	238.19	103.16	+2.44	BE ahead
2024-12-20	237.40	102.24	+2.49	BE ahead
2024-12-19	225.20	101.90	+2.31	BE ahead
2024-12-18	230.91	101.61	+2.45	BE ahead
2024-12-17	243.80	104.62	+2.59	BE ahead
2024-12-16	257.38	105.89	+2.80	BE ahead
2024-12-13	251.87	106.12	+2.74	BE ahead
2024-12-12	244.19	106.81	+2.62	BE ahead
2024-12-11	232.28	108.81	+2.34	BE ahead
2024-12-10	231.00	110.38	+2.27	BE ahead
2024-12-09	261.61	108.93	+2.93	BE ahead
2024-12-06	266.54	108.92	+3.07	BE ahead
2024-12-05	255.51	109.89	+2.87	BE ahead
2024-12-04	258.66	111.42	+2.89	BE ahead
2024-12-03	257.28	109.80	+2.97	BE ahead
2024-12-02	264.96	108.09	+3.24	BE ahead
2024-11-29	270.18	109.28	+3.34	BE ahead
2024-11-27	267.81	108.52	+3.40	BE ahead
2024-11-26	257.58	113.51	+3.04	BE ahead
2024-11-25	255.41	108.66	+3.28	BE ahead
2024-11-22	253.54	106.70	+3.41	BE ahead
2024-11-21	235.63	104.57	+3.19	BE ahead
2024-11-20	244.09	104.35	+3.46	BE ahead
2024-11-19	233.76	103.55	+3.34	BE ahead
2024-11-18	224.51	102.98	+3.21	BE ahead
2024-11-15	208.07	102.75	+2.84	BE ahead
2024-11-14	130.71	104.78	+0.08	near the usual relationship
2024-11-13	133.86	106.49	+0.12	near the usual relationship
2024-11-12	133.27	106.20	+0.11	near the usual relationship
2024-11-11	134.06	107.05	+0.10	near the usual relationship
2024-11-08	129.63	108.15	-0.15	near the usual relationship
2024-11-07	105.02	107.25	-1.31	WWD ahead
2024-11-06	107.97	104.56	-1.01	WWD ahead
2024-11-05	112.20	100.95	-0.60	WWD ahead
2024-11-04	106.50	99.32	-0.81	WWD ahead
2024-11-01	97.83	97.77	-1.21	WWD ahead
2024-10-31	94.49	99.45	-1.52	WWD ahead
2024-10-30	99.41	100.18	-1.28	WWD ahead
2024-10-29	99.80	99.33	-1.22	WWD ahead
2024-10-28	99.90	99.93	-1.26	WWD ahead
2024-10-25	93.50	99.42	-1.63	WWD ahead
2024-10-24	90.45	97.89	-1.75	WWD ahead
2024-10-23	88.98	99.64	-1.97	WWD ahead
2024-10-22	95.77	99.58	-1.55	WWD ahead
2024-10-21	97.15	100.28	-1.52	WWD ahead
2024-10-18	100.00	100.00	-1.34	WWD ahead

One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Nov 8, 2024 (BE +23.4%, WWD +0.8%); Nov 15, 2024 (BE +59.2%, WWD -1.9%); Jan 27, 2025 (BE -24.8%, WWD -2.0%); Apr 29, 2026 (BE +27.2%, WWD -0.8%); Jul 30, 2026 (BE +26.5%, WWD -7.6%).

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

BE and WWD at a glance

BE Bloom Energy Corporation

Listing: NYSE · SEC CIK 1664703
Industry: Industrial Machinery/Components · SIC 3620 Electrical Industrial Apparatus
Market value: $66.6B
Price history: 2,073 daily closes, Jul 25, 2018 to Oct 22, 2026

WWD Woodward Inc.

Listing: Nasdaq · SEC CIK 108312
Industry: Industrial Machinery/Components · SIC 3620 Electrical Industrial Apparatus
Market value: $19.4B
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.

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.

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Scout Market Pulse Narratives Digest Wave

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.