SIC 3585 Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip

Carrier Global Corporation vs Johnson Controls International plc Ordinary Share

WatchlistCARR / JCIPrices through Oct 22, 2026

Why these are rivals: #1 and #2 by market value ($90B vs $46B) with SEC SIC 3585 (Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip).

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: -1.61 (needs <= -2.873 (5% critical value))
Business leadership

JCI is the larger business

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

YearCARRJCILarger
2025$21.7B$23.6BJCI
2024$22.5B$23.0BJCI
2023$19.0B$22.3BJCI
2022$17.3B$20.6BJCI
2021$20.6B$23.7BJCI
2020$17.5B$22.3BJCI

JCI led in every year with figures for both. Market value: CARR $45.5B, JCI $89.8B.

Stock leadership

JCI is ahead now

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

JCI leads CARR by 1.34 standard deviations: +13.2% over its usual price ratio. 0 lead switches in the last year.

Price change3 mo6 mo12 mo
CARR-18.0%-8.2%-5.6%
JCI-0.3%+0.9%+28.6%
Relationship

Not a measured twin today

Only these tests can make a pair tradable on paper.

Pass
Aligned sessions: 1658 (needs >= 254)
Fail
Co-movement: daily return correlation, 252 sessions: 0.53 (needs >= 0.60)
Fail
Mean reversion: ADF t-statistic of the spread: -1.60 (needs <= -2.873 (5% critical value))
Pass
Speed: half-life of the spread, sessions: 27.28 (needs <= 63)
Data
Both stocks current
The twins over two years

Prices side by side, and the gap between them

CARR Carrier Global Corporation JCI Johnson Controls International plc Ordinary SharePrice 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 2026CARR 69JCI 185
Spread z-score: CARR relative to JCI, against the 252 sessions before each day. Above 0: CARR ahead; below 0: JCI ahead. Lines at +/-2 (idea) and +/-4 (stop).
-4stop-2idea0+2idea+4stopOct 2024Oct 2025Oct 2026
Data table (504 sessions)
DateCARR indexJCI indexzAhead
2026-10-2269.26184.66-1.34JCI ahead
2026-10-2169.25195.02-1.94JCI ahead
2026-10-2068.88191.04-1.80JCI ahead
2026-10-1967.70191.40-2.02JCI ahead
2026-10-1667.44187.85-1.88JCI ahead
2026-10-1567.39190.64-2.07JCI ahead
2026-10-1466.51196.85-2.59JCI ahead
2026-10-1367.48202.05-2.76JCI ahead
2026-10-1267.96200.68-2.64JCI ahead
2026-10-0968.13203.31-2.79JCI ahead
2026-10-0868.46198.86-2.52JCI ahead
2026-10-0767.44201.36-2.87JCI ahead
2026-10-0668.79205.01-2.89JCI ahead
2026-10-0568.34202.54-2.87JCI ahead
2026-10-0267.59201.76-3.00JCI ahead
2026-10-0167.71195.98-2.68JCI ahead
2026-09-3067.27191.96-2.54JCI ahead
2026-09-2967.91192.95-2.52JCI ahead
2026-09-2868.51192.26-2.39JCI ahead
2026-09-2569.12193.96-2.41JCI ahead
2026-09-2467.28187.71-2.37JCI ahead
2026-09-2367.57188.40-2.39JCI ahead
2026-09-2267.76189.10-2.42JCI ahead
2026-09-2166.98187.47-2.48JCI ahead
2026-09-1866.07185.02-2.51JCI ahead
2026-09-1766.70182.15-2.22JCI ahead
2026-09-1666.54181.39-2.21JCI ahead
2026-09-1568.11178.58-1.76JCI ahead
2026-09-1470.21177.89-1.36JCI ahead
2026-09-1170.46188.55-2.01JCI ahead
2026-09-1069.45184.41-1.92JCI ahead
2026-09-0971.06187.14-1.82JCI ahead
2026-09-0872.48189.01-1.70JCI ahead
2026-09-0473.22187.16-1.48JCI ahead
2026-09-0372.45183.66-1.39JCI ahead
2026-09-0270.61179.82-1.45JCI ahead
2026-09-0170.20179.82-1.51JCI ahead
2026-08-3171.39178.51-1.25JCI ahead
2026-08-2872.09180.26-1.25JCI ahead
2026-08-2772.15183.64-1.44JCI ahead
2026-08-2672.03186.38-1.61JCI ahead
2026-08-2571.76183.14-1.47JCI ahead
2026-08-2473.54184.65-1.30JCI ahead
2026-08-2174.03184.72-1.24JCI ahead
2026-08-2073.76184.87-1.29JCI ahead
2026-08-1975.05187.16-1.24JCI ahead
2026-08-1875.32193.29-1.52JCI ahead
2026-08-1776.71198.76-1.61JCI ahead
2026-08-1476.98198.40-1.57JCI ahead
2026-08-1377.68195.57-1.35JCI ahead
2026-08-1277.35197.30-1.48JCI ahead
2026-08-1178.01199.85-1.52JCI ahead
2026-08-1077.79194.60-1.31JCI ahead
2026-08-0778.49196.55-1.32JCI ahead
2026-08-0678.43199.57-1.47JCI ahead
2026-08-0580.23198.41-1.22JCI ahead
2026-08-0480.55198.37-1.18JCI ahead
2026-08-0377.46189.04-1.11JCI ahead
2026-07-3175.79189.39-1.32JCI ahead
2026-07-3075.28185.80-1.21JCI ahead
2026-07-2973.48180.04-1.14JCI ahead
2026-07-2877.45181.15-0.75JCI ahead
2026-07-2785.02185.16-0.17near the usual relationship
2026-07-2484.46185.14-0.23near the usual relationship
2026-07-2384.79185.03-0.20near the usual relationship
2026-07-2283.51184.00-0.28near the usual relationship
2026-07-2181.78182.99-0.41near the usual relationship
2026-07-2082.13179.97-0.26near the usual relationship
2026-07-1784.23181.38-0.14near the usual relationship
2026-07-1685.03182.41-0.12near the usual relationship
2026-07-1584.29184.35-0.27near the usual relationship
2026-07-1485.54187.55-0.29near the usual relationship
2026-07-1384.13185.86-0.35near the usual relationship
2026-07-1085.03184.41-0.23near the usual relationship
2026-07-0983.15181.47-0.28near the usual relationship
2026-07-0881.84181.08-0.38near the usual relationship
2026-07-0784.21181.59-0.22near the usual relationship
2026-07-0685.96184.30-0.19near the usual relationship
2026-07-0285.92181.77-0.11near the usual relationship
2026-07-0188.38186.98-0.11near the usual relationship
2026-06-3089.94188.68-0.07near the usual relationship
2026-06-2990.04181.39+0.19near the usual relationship
2026-06-2690.24178.72+0.29near the usual relationship
2026-06-2593.19187.87+0.17near the usual relationship
2026-06-2490.82184.41+0.11near the usual relationship
2026-06-2386.76182.44-0.11near the usual relationship
2026-06-2288.11191.39-0.32near the usual relationship
2026-06-1888.06187.01-0.19near the usual relationship
2026-06-1785.21185.46-0.35near the usual relationship
2026-06-1687.25187.46-0.28near the usual relationship
2026-06-1587.22188.61-0.32near the usual relationship
2026-06-1285.73187.19-0.39near the usual relationship
2026-06-1185.52185.96-0.37near the usual relationship
2026-06-1083.35179.96-0.33near the usual relationship
2026-06-0987.36190.79-0.41near the usual relationship
2026-06-0882.59186.01-0.59JCI ahead
2026-06-0582.35185.50-0.60JCI ahead
2026-06-0484.05190.34-0.64JCI ahead
2026-06-0382.87189.77-0.71JCI ahead
2026-06-0281.45183.35-0.62JCI ahead
2026-06-0179.84172.92-0.40near the usual relationship
2026-05-2978.32173.11-0.52JCI ahead
2026-05-2878.25175.81-0.62JCI ahead
2026-05-2779.10178.46-0.65JCI ahead
2026-05-2679.57181.07-0.70JCI ahead
2026-05-2277.42178.67-0.79JCI ahead
2026-05-2176.25174.94-0.76JCI ahead
2026-05-2077.98177.88-0.74JCI ahead
2026-05-1975.34174.87-0.84JCI ahead
2026-05-1879.10177.31-0.65JCI ahead
2026-05-1579.30184.76-0.87JCI ahead
2026-05-1481.83187.28-0.78JCI ahead
2026-05-1380.40185.69-0.83JCI ahead
2026-05-1280.39182.13-0.74JCI ahead
2026-05-1180.78183.08-0.74JCI ahead
2026-05-0881.95180.17-0.59JCI ahead
2026-05-0782.43179.82-0.56JCI ahead
2026-05-0683.26184.84-0.65JCI ahead
2026-05-0578.70187.01-1.01JCI ahead
2026-05-0480.80186.47-0.86JCI ahead
2026-05-0182.92187.35-0.76JCI ahead
2026-04-3082.37188.57-0.84JCI ahead
2026-04-2975.71182.53-1.10JCI ahead
2026-04-2876.03182.84-1.10JCI ahead
2026-04-2775.92185.15-1.18JCI ahead
2026-04-2474.76183.26-1.21JCI ahead
2026-04-2375.46183.02-1.17JCI ahead
2026-04-2274.37180.54-1.18JCI ahead
2026-04-2175.67180.42-1.10JCI ahead
2026-04-2075.60182.05-1.15JCI ahead
2026-04-1775.19181.91-1.18JCI ahead
2026-04-1673.22177.62-1.21JCI ahead
2026-04-1571.80177.18-1.30JCI ahead
2026-04-1479.29183.43-0.99JCI ahead
2026-04-1378.87184.43-1.05JCI ahead
2026-04-1077.67184.05-1.12JCI ahead
2026-04-0975.36183.17-1.25JCI ahead
2026-04-0871.48179.49-1.42JCI ahead
2026-04-0767.98171.94-1.47JCI ahead
2026-04-0668.17172.71-1.49JCI ahead
2026-04-0268.31171.71-1.46JCI ahead
2026-04-0169.77173.97-1.43JCI ahead
2026-03-3169.05169.10-1.35JCI ahead
2026-03-3066.66163.46-1.37JCI ahead
2026-03-2766.52169.54-1.57JCI ahead
2026-03-2667.04169.90-1.55JCI ahead
2026-03-2572.65177.53-1.39JCI ahead
2026-03-2471.83176.18-1.42JCI ahead
2026-03-2371.49172.09-1.34JCI ahead
2026-03-2071.21167.48-1.23JCI ahead
2026-03-1972.31172.07-1.30JCI ahead
2026-03-1870.64172.73-1.44JCI ahead
2026-03-1769.87171.18-1.46JCI ahead
2026-03-1668.49170.05-1.53JCI ahead
2026-03-1368.24168.08-1.51JCI ahead
2026-03-1269.27169.09-1.47JCI ahead
2026-03-1171.97174.32-1.45JCI ahead
2026-03-1071.65172.96-1.44JCI ahead
2026-03-0972.00171.86-1.40JCI ahead
2026-03-0671.55170.97-1.42JCI ahead
2026-03-0574.06177.14-1.43JCI ahead
2026-03-0474.90180.79-1.49JCI ahead
2026-03-0375.01180.24-1.48JCI ahead
2026-03-0278.28187.84-1.49JCI ahead
2026-02-2778.97186.34-1.42JCI ahead
2026-02-2676.96185.20-1.52JCI ahead
2026-02-2575.41186.58-1.67JCI ahead
2026-02-2477.90186.87-1.54JCI ahead
2026-02-2377.82184.44-1.49JCI ahead
2026-02-2078.65185.68-1.49JCI ahead
2026-02-1977.16184.27-1.56JCI ahead
2026-02-1878.88180.11-1.36JCI ahead
2026-02-1781.46183.64-1.30JCI ahead
2026-02-1380.20179.80-1.29JCI ahead
2026-02-1279.57178.94-1.32JCI ahead
2026-02-1182.26182.02-1.25JCI ahead
2026-02-1080.71179.17-1.27JCI ahead
2026-02-0980.10179.49-1.33JCI ahead
2026-02-0678.38177.75-1.40JCI ahead
2026-02-0577.38171.13-1.29JCI ahead
2026-02-0477.93167.21-1.15JCI ahead
2026-02-0375.05160.14-1.13JCI ahead
2026-02-0274.02158.81-1.17JCI ahead
2026-01-3073.06154.00-1.09JCI ahead
2026-01-2973.32155.32-1.12JCI ahead
2026-01-2871.01150.75-1.14JCI ahead
2026-01-2769.98151.03-1.23JCI ahead
2026-01-2670.35148.59-1.13JCI ahead
2026-01-2370.26146.68-1.08JCI ahead
2026-01-2270.44147.87-1.12JCI ahead
2026-01-2170.80149.13-1.14JCI ahead
2026-01-2067.70147.93-1.33JCI ahead
2026-01-1668.90148.00-1.26JCI ahead
2026-01-1568.12145.85-1.25JCI ahead
2026-01-1468.18144.80-1.22JCI ahead
2026-01-1367.70144.74-1.26JCI ahead
2026-01-1267.91143.84-1.23JCI ahead
2026-01-0968.98143.14-1.14JCI ahead
2026-01-0866.05143.71-1.37JCI ahead
2026-01-0764.46145.16-1.55JCI ahead
2026-01-0665.60147.15-1.54JCI ahead
2026-01-0565.96156.93-1.84JCI ahead
2026-01-0265.63157.94-1.92JCI ahead
2025-12-3164.79154.64-1.90JCI ahead
2025-12-3065.52156.17-1.91JCI ahead
2025-12-2965.74157.17-1.95JCI ahead
2025-12-2665.71157.62-1.98JCI ahead
2025-12-2465.60156.75-1.99JCI ahead
2025-12-2365.41156.42-2.01JCI ahead
2025-12-2265.24154.91-2.00JCI ahead
2025-12-1965.94154.35-1.95JCI ahead
2025-12-1865.24152.04-1.95JCI ahead
2025-12-1764.26150.28-1.99JCI ahead
2025-12-1665.53153.47-2.02JCI ahead
2025-12-1564.48150.93-2.04JCI ahead
2025-12-1264.92148.19-1.93JCI ahead
2025-12-1166.40152.45-1.98JCI ahead
2025-12-1065.48149.55-1.98JCI ahead
2025-12-0964.79149.50-2.05JCI ahead
2025-12-0865.03148.48-2.02JCI ahead
2025-12-0566.57147.51-1.89JCI ahead
2025-12-0466.83147.47-1.88JCI ahead
2025-12-0366.98147.49-1.89JCI ahead
2025-12-0266.00148.86-2.04JCI ahead
2025-12-0166.52148.42-2.00JCI ahead
2025-11-2867.30150.19-2.02JCI ahead
2025-11-2666.66150.17-2.09JCI ahead
2025-11-2566.16148.05-2.08JCI ahead
2025-11-2463.46147.46-2.31JCI ahead
2025-11-2164.27146.63-2.24JCI ahead
2025-11-2061.75145.91-2.47JCI ahead
2025-11-1962.84147.75-2.48JCI ahead
2025-11-1863.78147.78-2.43JCI ahead
2025-11-1765.15150.28-2.44JCI ahead
2025-11-1466.34153.31-2.49JCI ahead
2025-11-1367.64155.22-2.49JCI ahead
2025-11-1268.66158.39-2.56JCI ahead
2025-11-1169.86157.46-2.46JCI ahead
2025-11-1070.30158.29-2.49JCI ahead
2025-11-0770.52157.86-2.48JCI ahead
2025-11-0669.37157.86-2.62JCI ahead
2025-11-0569.71156.07-2.55JCI ahead
2025-11-0470.57143.39-2.00JCI ahead
2025-11-0370.95146.15-2.10JCI ahead
2025-10-3172.95147.71-2.02JCI ahead
2025-10-3072.16147.48-2.10JCI ahead
2025-10-2974.49146.36-1.88JCI ahead
2025-10-2872.03144.90-2.04JCI ahead
2025-10-2771.48145.98-2.15JCI ahead
2025-10-2470.93145.84-2.21JCI ahead
2025-10-2370.04142.76-2.17JCI ahead
2025-10-2269.58140.16-2.12JCI ahead
2025-10-2173.35143.57-1.96JCI ahead
2025-10-2070.72142.82-2.17JCI ahead
2025-10-1768.91140.53-2.24JCI ahead
2025-10-1669.59141.23-2.23JCI ahead
2025-10-1570.15143.10-2.29JCI ahead
2025-10-1470.51139.27-2.11JCI ahead
2025-10-1369.74137.37-2.11JCI ahead
2025-10-1069.48136.30-2.11JCI ahead
2025-10-0971.24139.15-2.10JCI ahead
2025-10-0873.33140.02-1.97JCI ahead
2025-10-0772.57139.86-2.05JCI ahead
2025-10-0673.34141.50-2.07JCI ahead
2025-10-0373.15140.48-2.06JCI ahead
2025-10-0272.23140.32-2.15JCI ahead
2025-10-0172.91140.61-2.13JCI ahead
2025-09-3073.21141.98-2.19JCI ahead
2025-09-2972.51139.67-2.17JCI ahead
2025-09-2672.15138.18-2.15JCI ahead
2025-09-2572.04136.58-2.11JCI ahead
2025-09-2472.34137.58-2.15JCI ahead
2025-09-2373.26139.84-2.19JCI ahead
2025-09-2273.95141.13-2.21JCI ahead
2025-09-1974.05140.35-2.19JCI ahead
2025-09-1874.92140.08-2.12JCI ahead
2025-09-1774.46138.70-2.12JCI ahead
2025-09-1674.71138.12-2.09JCI ahead
2025-09-1575.10139.22-2.13JCI ahead
2025-09-1275.62138.86-2.09JCI ahead
2025-09-1176.39139.23-2.07JCI ahead
2025-09-1076.64139.20-2.07JCI ahead
2025-09-0977.83137.25-1.90JCI ahead
2025-09-0880.45138.39-1.76JCI ahead
2025-09-0580.33137.18-1.73JCI ahead
2025-09-0477.92138.29-2.00JCI ahead
2025-09-0376.60136.03-2.02JCI ahead
2025-09-0277.87136.83-1.98JCI ahead
2025-08-2979.95138.03-1.88JCI ahead
2025-08-2881.14140.30-1.91JCI ahead
2025-08-2782.88141.10-1.83JCI ahead
2025-08-2681.52140.06-1.91JCI ahead
2025-08-2580.93137.40-1.85JCI ahead
2025-08-2283.08138.51-1.75JCI ahead
2025-08-2179.72135.27-1.88JCI ahead
2025-08-2081.96136.88-1.80JCI ahead
2025-08-1982.13134.97-1.71JCI ahead
2025-08-1881.53136.51-1.85JCI ahead
2025-08-1580.20133.68-1.84JCI ahead
2025-08-1480.64135.61-1.92JCI ahead
2025-08-1382.22136.58-1.86JCI ahead
2025-08-1280.60137.71-2.08JCI ahead
2025-08-1179.56136.51-2.13JCI ahead
2025-08-0880.97136.30-2.03JCI ahead
2025-08-0781.37134.70-1.93JCI ahead
2025-08-0681.07135.16-2.01JCI ahead
2025-08-0581.40135.38-2.01JCI ahead
2025-08-0481.59137.50-2.13JCI ahead
2025-08-0182.06137.50-2.12JCI ahead
2025-07-3184.14135.59-1.86JCI ahead
2025-07-3083.63134.32-1.86JCI ahead
2025-07-2987.88133.32-1.45JCI ahead
2025-07-2898.32144.01-1.21JCI ahead
2025-07-2598.99144.28-1.18JCI ahead
2025-07-2497.41142.07-1.20JCI ahead
2025-07-2397.62142.21-1.20JCI ahead
2025-07-2293.71139.85-1.39JCI ahead
2025-07-2193.16139.81-1.44JCI ahead
2025-07-1893.97140.70-1.43JCI ahead
2025-07-1794.33140.69-1.42JCI ahead
2025-07-1692.50138.53-1.46JCI ahead
2025-07-1592.43136.91-1.39JCI ahead
2025-07-1493.94137.22-1.30JCI ahead
2025-07-1193.95136.69-1.28JCI ahead
2025-07-1094.14137.31-1.31JCI ahead
2025-07-0993.06137.53-1.42JCI ahead
2025-07-0891.85136.23-1.46JCI ahead
2025-07-0791.53136.85-1.54JCI ahead
2025-07-0392.77137.80-1.50JCI ahead
2025-07-0292.29135.68-1.44JCI ahead
2025-07-0191.11135.16-1.52JCI ahead
2025-06-3089.75136.39-1.72JCI ahead
2025-06-2790.34135.68-1.65JCI ahead
2025-06-2689.01134.87-1.73JCI ahead
2025-06-2588.82133.46-1.69JCI ahead
2025-06-2488.85133.78-1.72JCI ahead
2025-06-2388.02133.46-1.79JCI ahead
2025-06-2086.41132.04-1.88JCI ahead
2025-06-1885.67133.63-2.07JCI ahead
2025-06-1785.57134.09-2.13JCI ahead
2025-06-1687.11134.93-2.06JCI ahead
2025-06-1387.36131.68-1.86JCI ahead
2025-06-1288.88133.78-1.87JCI ahead
2025-06-1188.88133.25-1.86JCI ahead
2025-06-1087.98132.88-1.94JCI ahead
2025-06-0987.86133.70-2.03JCI ahead
2025-06-0687.11134.03-2.15JCI ahead
2025-06-0587.55132.13-2.01JCI ahead
2025-06-0487.54132.14-2.03JCI ahead
2025-06-0386.82130.66-2.03JCI ahead
2025-06-0286.25129.64-2.05JCI ahead
2025-05-3087.31130.90-2.05JCI ahead
2025-05-2987.57131.90-2.12JCI ahead
2025-05-2887.11131.06-2.13JCI ahead
2025-05-2788.69130.45-1.95JCI ahead
2025-05-2387.04126.54-1.87JCI ahead
2025-05-2288.01126.46-1.78JCI ahead
2025-05-2188.40125.53-1.69JCI ahead
2025-05-2091.91126.10-1.39JCI ahead
2025-05-1992.99126.37-1.31JCI ahead
2025-05-1692.73126.46-1.35JCI ahead
2025-05-1590.10124.99-1.52JCI ahead
2025-05-1489.96124.42-1.51JCI ahead
2025-05-1391.54124.04-1.33JCI ahead
2025-05-1290.06123.04-1.42JCI ahead
2025-05-0987.60118.70-1.35JCI ahead
2025-05-0886.45117.82-1.42JCI ahead
2025-05-0785.82115.90-1.35JCI ahead
2025-05-0686.07114.68-1.23JCI ahead
2025-05-0586.83115.35-1.21JCI ahead
2025-05-0287.71114.82-1.08JCI ahead
2025-05-0185.59112.67-1.14JCI ahead
2025-04-3076.69108.34-1.83JCI ahead
2025-04-2974.58106.31-1.94JCI ahead
2025-04-2874.18104.73-1.86JCI ahead
2025-04-2573.65104.69-1.95JCI ahead
2025-04-2473.95103.77-1.83JCI ahead
2025-04-2371.86101.08-1.88JCI ahead
2025-04-2272.9298.93-1.53JCI ahead
2025-04-2171.3496.14-1.47JCI ahead
2025-04-1773.4599.21-1.50JCI ahead
2025-04-1672.5898.99-1.61JCI ahead
2025-04-1574.15101.49-1.66JCI ahead
2025-04-1474.30101.37-1.64JCI ahead
2025-04-1172.67100.36-1.78JCI ahead
2025-04-1072.4198.44-1.63JCI ahead
2025-04-0974.52101.79-1.70JCI ahead
2025-04-0868.1291.86-1.57JCI ahead
2025-04-0769.6993.01-1.48JCI ahead
2025-04-0470.1292.59-1.37JCI ahead
2025-04-0374.4699.73-1.53JCI ahead
2025-04-0279.75107.00-1.56JCI ahead
2025-04-0177.92105.11-1.63JCI ahead
2025-03-3177.74103.45-1.50JCI ahead
2025-03-2877.66102.91-1.47JCI ahead
2025-03-2780.53106.11-1.42JCI ahead
2025-03-2682.12106.87-1.29JCI ahead
2025-03-2583.52108.91-1.33JCI ahead
2025-03-2483.34109.14-1.38JCI ahead
2025-03-2181.14106.83-1.45JCI ahead
2025-03-2081.46107.37-1.48JCI ahead
2025-03-1982.99107.04-1.25JCI ahead
2025-03-1882.53105.38-1.15JCI ahead
2025-03-1782.93105.26-1.09JCI ahead
2025-03-1481.58102.85-1.02JCI ahead
2025-03-1378.79100.03-1.11JCI ahead
2025-03-1280.23101.60-1.08JCI ahead
2025-03-1180.5099.42-0.81JCI ahead
2025-03-1082.22100.62-0.72JCI ahead
2025-03-0782.64103.38-0.97JCI ahead
2025-03-0680.16104.69-1.46JCI ahead
2025-03-0579.55106.17-1.72JCI ahead
2025-03-0476.11104.47-2.05JCI ahead
2025-03-0377.57106.61-2.09JCI ahead
2025-02-2879.46110.61-2.27JCI ahead
2025-02-2778.58108.79-2.24JCI ahead
2025-02-2681.05109.65-1.99JCI ahead
2025-02-2582.40108.34-1.68JCI ahead
2025-02-2481.61108.51-1.83JCI ahead
2025-02-2181.09110.12-2.11JCI ahead
2025-02-2082.29114.71-2.46JCI ahead
2025-02-1980.91116.80-2.94JCI ahead
2025-02-1881.66116.99-2.91JCI ahead
2025-02-1479.87115.92-3.14JCI ahead
2025-02-1378.07114.35-3.33JCI ahead
2025-02-1277.99114.97-3.51JCI ahead
2025-02-1179.90115.13-3.29JCI ahead
2025-02-1081.21115.60-3.20JCI ahead
2025-02-0778.69113.18-3.43JCI ahead
2025-02-0679.96113.64-3.33JCI ahead
2025-02-0579.17111.07-3.22JCI ahead
2025-02-0478.3399.81-1.85JCI ahead
2025-02-0377.4499.43-1.98JCI ahead
2025-01-3180.17100.72-1.68JCI ahead
2025-01-3080.90100.99-1.60JCI ahead
2025-01-2979.4698.50-1.51JCI ahead
2025-01-2882.5398.30-0.93JCI ahead
2025-01-2782.6999.51-1.09JCI ahead
2025-01-2485.98105.37-1.37JCI ahead
2025-01-2385.69105.93-1.51JCI ahead
2025-01-2285.87106.02-1.50JCI ahead
2025-01-2186.51106.51-1.48JCI ahead
2025-01-1785.42104.78-1.43JCI ahead
2025-01-1685.52103.90-1.30JCI ahead
2025-01-1584.37102.58-1.32JCI ahead
2025-01-1483.87103.58-1.57JCI ahead
2025-01-1382.29102.40-1.70JCI ahead
2025-01-1081.56101.58-1.73JCI ahead
2025-01-0883.94103.36-1.58JCI ahead
2025-01-0783.64102.23-1.48JCI ahead
2025-01-0684.26102.36-1.40JCI ahead
2025-01-0384.93103.20-1.41JCI ahead
2025-01-0283.79101.95-1.45JCI ahead
2024-12-3183.70101.92-1.47JCI ahead
2024-12-3083.67102.20-1.53JCI ahead
2024-12-2784.49103.07-1.53JCI ahead
2024-12-2685.40104.40-1.58JCI ahead
2024-12-2485.16104.58-1.66JCI ahead
2024-12-2384.35103.71-1.70JCI ahead
2024-12-2083.99104.13-1.85JCI ahead
2024-12-1981.78101.64-1.90JCI ahead
2024-12-1882.19101.78-1.86JCI ahead
2024-12-1786.18105.69-1.72JCI ahead
2024-12-1687.79108.50-1.86JCI ahead
2024-12-1389.53106.70-1.30JCI ahead
2024-12-1290.18107.61-1.32JCI ahead
2024-12-1190.37108.50-1.43JCI ahead
2024-12-1089.28106.90-1.40JCI ahead
2024-12-0989.76108.37-1.55JCI ahead
2024-12-0690.34108.91-1.54JCI ahead
2024-12-0590.73107.30-1.24JCI ahead
2024-12-0492.43108.20-1.08JCI ahead
2024-12-0392.68106.51-0.79JCI ahead
2024-12-0293.55108.04-0.88JCI ahead
2024-11-2994.87108.29-0.70JCI ahead
2024-11-2794.30108.10-0.77JCI ahead
2024-11-2694.35108.15-0.78JCI ahead
2024-11-2596.71107.62-0.30near the usual relationship
2024-11-2294.42107.76-0.71JCI ahead
2024-11-2193.21108.46-1.03JCI ahead
2024-11-2091.35107.15-1.17JCI ahead
2024-11-1991.15107.86-1.33JCI ahead
2024-11-1890.80108.02-1.42JCI ahead
2024-11-1591.39108.99-1.48JCI ahead
2024-11-1491.93109.94-1.54JCI ahead
2024-11-1393.68110.68-1.35JCI ahead
2024-11-1292.51109.97-1.46JCI ahead
2024-11-1193.55111.83-1.57JCI ahead
2024-11-0894.03109.27-1.11JCI ahead
2024-11-0792.13105.77-0.92JCI ahead
2024-11-0692.43105.20-0.78JCI ahead
2024-11-0590.6296.67+0.29near the usual relationship
2024-11-0488.7895.85+0.09near the usual relationship
2024-11-0189.0197.49-0.15near the usual relationship
2024-10-3189.1797.56-0.13near the usual relationship
2024-10-3090.2598.55-0.10near the usual relationship
2024-10-2991.4899.52-0.04near the usual relationship
2024-10-2892.78100.37+0.06near the usual relationship
2024-10-2590.4099.10-0.16near the usual relationship
2024-10-2489.3999.25-0.38near the usual relationship
2024-10-2398.0498.76+1.24CARR ahead
2024-10-2298.2898.97+1.25CARR ahead
2024-10-2199.7999.65+1.40CARR ahead
2024-10-18100.00100.00+1.38CARR ahead

One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Oct 24, 2024 (CARR -8.8%, JCI +0.5%); Feb 5, 2025 (CARR +1.1%, JCI +11.3%); May 1, 2025 (CARR +11.6%, JCI +4.0%); Nov 5, 2025 (CARR -1.2%, JCI +8.8%). Upcoming earnings: JCI Oct 27, 2026 (pre-market); CARR Oct 29, 2026 (pre-market).

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

CARR and JCI at a glance

CARR Carrier Global Corporation

Listing
NYSE · SEC CIK 1783180
Industry
Industrial Machinery/Components · SIC 3585 Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
Market value
$45.5B
Price history
1,658 daily closes, Mar 19, 2020 to Oct 22, 2026

JCI Johnson Controls International plc Ordinary Share

Listing
NYSE · SEC CIK 833444
Industry
Industrial Machinery/Components · SIC 3585 Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
Market value
$89.8B
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
JCI / LIIWatchlistJCI by 1.51 sdSIC 3585 Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
CARR / LIIWatchlistCARR by 1.40 sdSIC 3585 Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip

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Explore the private beta

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.