SIC 4812 Radiotelephone Communications

Chunghwa Telecom Co. Ltd. vs Vodafone Group Plc

WatchlistCHT / VODPrices through Oct 22, 2026

Why these are rivals: #2 and #3 by market value ($37B vs $37B) with SEC SIC 4812 (Radiotelephone Communications).

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: 0.25 (needs >= 0.60)
  • Mean reversion: ADF t-statistic of the spread: -2.54 (needs <= -2.873 (5% critical value))
Business leadership

Business size

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

No SEC revenue figures for both companies.

Market value: CHT $36.9B, VOD $36.7B.

Stock leadership

Neither is clearly ahead

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

The gap is 0.23 standard deviations, close to the usual relationship. 0 lead switches in the last year.

Price change3 mo6 mo12 mo
CHT+14.0%+12.8%+12.4%
VOD+6.4%+3.2%+40.1%
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: 0.25 (needs >= 0.60)
Fail
Mean reversion: ADF t-statistic of the spread: -2.54 (needs <= -2.873 (5% critical value))
Pass
Speed: half-life of the spread, sessions: 19.68 (needs <= 63)
Data
Both stocks current
The twins over two years

Prices side by side, and the gap between them

CHT Chunghwa Telecom Co. Ltd. VOD Vodafone Group PlcPrice index, 100 = 2024-10-18. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
100150Oct 2024Oct 2025Oct 2026CHT 127VOD 165
Spread z-score: CHT relative to VOD, against the 252 sessions before each day. Above 0: CHT ahead; below 0: VOD ahead. Lines at +/-2 (idea) and +/-4 (stop).
-4stop-2idea0+2idea+4stopOct 2024Oct 2025Oct 2026
Data table (504 sessions)
DateCHT indexVOD indexzAhead
2026-10-22126.55165.16+0.23near the usual relationship
2026-10-21123.38162.40+0.13near the usual relationship
2026-10-20123.61162.70+0.12near the usual relationship
2026-10-19123.71162.60+0.13near the usual relationship
2026-10-16123.74165.06-0.03near the usual relationship
2026-10-15123.79162.40+0.12near the usual relationship
2026-10-14120.81158.91+0.09near the usual relationship
2026-10-13119.74159.38-0.04near the usual relationship
2026-10-12120.03157.68+0.08near the usual relationship
2026-10-09119.45159.43-0.08near the usual relationship
2026-10-08120.00168.85-0.59VOD ahead
2026-10-07118.91172.03-0.85VOD ahead
2026-10-06119.69169.36-0.65VOD ahead
2026-10-05119.87172.03-0.79VOD ahead
2026-10-02119.90172.34-0.81VOD ahead
2026-10-01118.31167.83-0.69VOD ahead
2026-09-30118.13165.47-0.58VOD ahead
2026-09-29118.42167.32-0.67VOD ahead
2026-09-28119.43169.88-0.73VOD ahead
2026-09-25119.87170.29-0.73VOD ahead
2026-09-24119.66168.95-0.68VOD ahead
2026-09-23120.00167.52-0.59VOD ahead
2026-09-22119.77170.29-0.75VOD ahead
2026-09-21119.22174.39-0.99VOD ahead
2026-09-18119.22173.67-0.97VOD ahead
2026-09-17118.75179.51-1.28VOD ahead
2026-09-16117.35178.89-1.36VOD ahead
2026-09-15117.84181.15-1.44VOD ahead
2026-09-14117.53179.61-1.40VOD ahead
2026-09-11116.49178.28-1.42VOD ahead
2026-09-10115.66177.56-1.46VOD ahead
2026-09-09115.38175.51-1.39VOD ahead
2026-09-08114.88177.36-1.53VOD ahead
2026-09-04113.82173.16-1.42VOD ahead
2026-09-03113.66169.88-1.28VOD ahead
2026-09-02112.94164.65-1.08VOD ahead
2026-09-01112.31164.45-1.13VOD ahead
2026-08-31112.23164.34-1.14VOD ahead
2026-08-28111.66164.34-1.19VOD ahead
2026-08-27111.64162.70-1.12VOD ahead
2026-08-26111.45163.32-1.17VOD ahead
2026-08-25112.13165.27-1.22VOD ahead
2026-08-24112.13163.73-1.16VOD ahead
2026-08-21112.68163.52-1.11VOD ahead
2026-08-20112.62164.04-1.15VOD ahead
2026-08-19111.69165.68-1.31VOD ahead
2026-08-18111.43165.27-1.31VOD ahead
2026-08-17110.36165.98-1.44VOD ahead
2026-08-14110.60168.24-1.54VOD ahead
2026-08-13109.82166.19-1.51VOD ahead
2026-08-12109.97164.86-1.44VOD ahead
2026-08-11110.10162.91-1.35VOD ahead
2026-08-10109.97161.37-1.29VOD ahead
2026-08-07110.44165.88-1.48VOD ahead
2026-08-06109.82163.93-1.44VOD ahead
2026-08-05109.14156.86-1.15VOD ahead
2026-08-04108.81160.76-1.38VOD ahead
2026-08-03110.21159.94-1.25VOD ahead
2026-07-31110.68161.68-1.31VOD ahead
2026-07-30110.86165.37-1.48VOD ahead
2026-07-29112.03165.27-1.40VOD ahead
2026-07-28112.31167.93-1.52VOD ahead
2026-07-27111.90161.89-1.28VOD ahead
2026-07-24111.04155.23-1.02VOD ahead
2026-07-23110.03156.25-1.15VOD ahead
2026-07-22111.22158.91-1.20VOD ahead
2026-07-21111.74156.45-1.05VOD ahead
2026-07-20110.65157.79-1.20VOD ahead
2026-07-17110.23161.27-1.41VOD ahead
2026-07-16109.84160.04-1.39VOD ahead
2026-07-15107.92154.51-1.26VOD ahead
2026-07-14107.64159.43-1.53VOD ahead
2026-07-13107.74158.50-1.49VOD ahead
2026-07-10107.64150.82-1.13VOD ahead
2026-07-09107.82134.02-0.23near the usual relationship
2026-07-08113.09134.12+0.12near the usual relationship
2026-07-07113.53133.71+0.16near the usual relationship
2026-07-06114.57134.02+0.20near the usual relationship
2026-07-02114.29134.73+0.14near the usual relationship
2026-07-01114.34133.30+0.21near the usual relationship
2026-06-30114.96135.50+0.12near the usual relationship
2026-06-29115.53140.27-0.10near the usual relationship
2026-06-26116.73142.32-0.14near the usual relationship
2026-06-25116.34142.01-0.15near the usual relationship
2026-06-24115.61141.50-0.18near the usual relationship
2026-06-23117.22143.95-0.21near the usual relationship
2026-06-22118.36144.67-0.18near the usual relationship
2026-06-18117.71146.52-0.31near the usual relationship
2026-06-17118.23148.87-0.40near the usual relationship
2026-06-16120.18152.56-0.46near the usual relationship
2026-06-15119.45153.69-0.55VOD ahead
2026-06-12119.71159.12-0.77VOD ahead
2026-06-11119.48156.35-0.68VOD ahead
2026-06-10118.42154.20-0.65VOD ahead
2026-06-09117.19150.31-0.56VOD ahead
2026-06-08114.34151.74-0.79VOD ahead
2026-06-05115.74150.61-0.67VOD ahead
2026-06-04117.30154.71-0.76VOD ahead
2026-06-03116.62154.20-0.78VOD ahead
2026-06-02117.92154.92-0.75VOD ahead
2026-06-01117.35153.38-0.72VOD ahead
2026-05-29113.69153.28-0.92VOD ahead
2026-05-28113.01152.97-0.96VOD ahead
2026-05-27113.61152.25-0.90VOD ahead
2026-05-26112.62152.05-0.95VOD ahead
2026-05-22113.45153.07-0.96VOD ahead
2026-05-21113.82154.82-1.02VOD ahead
2026-05-20114.23156.15-1.05VOD ahead
2026-05-19117.01155.23-0.87VOD ahead
2026-05-18113.06153.69-1.03VOD ahead
2026-05-15112.44150.41-0.94VOD ahead
2026-05-14112.99158.61-1.24VOD ahead
2026-05-13112.99158.91-1.26VOD ahead
2026-05-12112.52154.66-1.13VOD ahead
2026-05-11111.95167.21-1.64VOD ahead
2026-05-08113.79165.98-1.51VOD ahead
2026-05-07112.62160.76-1.39VOD ahead
2026-05-06112.57165.27-1.57VOD ahead
2026-05-05111.97161.27-1.47VOD ahead
2026-05-04111.25164.45-1.64VOD ahead
2026-05-01112.08165.47-1.65VOD ahead
2026-04-30112.57161.89-1.50VOD ahead
2026-04-29111.61157.17-1.39VOD ahead
2026-04-28113.17158.71-1.37VOD ahead
2026-04-27113.25158.91-1.39VOD ahead
2026-04-24111.82160.14-1.53VOD ahead
2026-04-23112.16160.04-1.52VOD ahead
2026-04-22112.08156.86-1.41VOD ahead
2026-04-21111.95155.64-1.38VOD ahead
2026-04-20112.96160.35-1.52VOD ahead
2026-04-17113.58158.61-1.43VOD ahead
2026-04-16112.83160.86-1.57VOD ahead
2026-04-15111.51159.73-1.62VOD ahead
2026-04-14110.65160.04-1.69VOD ahead
2026-04-13109.58160.35-1.78VOD ahead
2026-04-10109.51160.76-1.82VOD ahead
2026-04-09110.34162.40-1.85VOD ahead
2026-04-08110.73161.58-1.81VOD ahead
2026-04-07109.74156.86-1.70VOD ahead
2026-04-06110.08155.12-1.63VOD ahead
2026-04-02110.16155.84-1.67VOD ahead
2026-04-01110.10155.02-1.66VOD ahead
2026-03-31109.71153.89-1.65VOD ahead
2026-03-30109.12150.61-1.56VOD ahead
2026-03-27109.30148.46-1.47VOD ahead
2026-03-26110.52149.90-1.48VOD ahead
2026-03-25110.47150.82-1.53VOD ahead
2026-03-24110.31150.20-1.53VOD ahead
2026-03-23109.69148.36-1.50VOD ahead
2026-03-20108.44146.82-1.52VOD ahead
2026-03-19111.92147.75-1.37VOD ahead
2026-03-18111.90147.23-1.36VOD ahead
2026-03-17112.65151.13-1.50VOD ahead
2026-03-16111.90149.59-1.49VOD ahead
2026-03-13110.88147.64-1.48VOD ahead
2026-03-12110.81146.62-1.45VOD ahead
2026-03-11111.40147.54-1.47VOD ahead
2026-03-10112.08148.16-1.47VOD ahead
2026-03-09112.10148.36-1.49VOD ahead
2026-03-06111.48148.67-1.56VOD ahead
2026-03-05111.35149.80-1.63VOD ahead
2026-03-04112.36154.00-1.77VOD ahead
2026-03-03113.01152.46-1.68VOD ahead
2026-03-02113.45155.53-1.81VOD ahead
2026-02-27112.31157.38-1.98VOD ahead
2026-02-26111.97157.79-2.04VOD ahead
2026-02-25113.30162.50-2.19VOD ahead
2026-02-24113.12160.86-2.16VOD ahead
2026-02-23111.32159.43-2.23VOD ahead
2026-02-20110.88160.35-2.33VOD ahead
2026-02-19110.44159.12-2.33VOD ahead
2026-02-18111.25160.45-2.37VOD ahead
2026-02-17111.74160.45-2.38VOD ahead
2026-02-13110.96159.53-2.42VOD ahead
2026-02-12111.14160.04-2.47VOD ahead
2026-02-11110.23160.66-2.60VOD ahead
2026-02-10109.43156.25-2.49VOD ahead
2026-02-09108.57158.61-2.70VOD ahead
2026-02-06107.97154.82-2.60VOD ahead
2026-02-05107.53149.80-2.41VOD ahead
2026-02-04108.49160.96-2.95VOD ahead
2026-02-03108.68156.25-2.76VOD ahead
2026-02-02108.62152.77-2.63VOD ahead
2026-01-30110.34150.10-2.40VOD ahead
2026-01-29110.75150.72-2.44VOD ahead
2026-01-28110.91149.28-2.38VOD ahead
2026-01-27110.00148.57-2.44VOD ahead
2026-01-26110.91145.80-2.25VOD ahead
2026-01-23111.77145.18-2.18VOD ahead
2026-01-22110.81142.83-2.14VOD ahead
2026-01-21109.95139.34-2.02VOD ahead
2026-01-20110.10138.32-1.97VOD ahead
2026-01-16109.61138.01-2.02VOD ahead
2026-01-15109.48137.81-2.04VOD ahead
2026-01-14109.32136.99-2.02VOD ahead
2026-01-13108.78135.04-1.96VOD ahead
2026-01-12109.09138.83-2.21VOD ahead
2026-01-09108.86138.32-2.22VOD ahead
2026-01-08110.18141.60-2.36VOD ahead
2026-01-07108.81143.14-2.61VOD ahead
2026-01-06107.92138.63-2.43VOD ahead
2026-01-05109.17139.04-2.39VOD ahead
2026-01-02108.42136.68-2.33VOD ahead
2025-12-31108.34135.35-2.28VOD ahead
2025-12-30108.57135.55-2.30VOD ahead
2025-12-29108.36134.73-2.30VOD ahead
2025-12-26108.08134.43-2.33VOD ahead
2025-12-24107.32134.22-2.42VOD ahead
2025-12-23107.17133.81-2.44VOD ahead
2025-12-22106.52131.97-2.40VOD ahead
2025-12-19106.65131.56-2.40VOD ahead
2025-12-18105.82131.15-2.48VOD ahead
2025-12-17106.13131.25-2.50VOD ahead
2025-12-16106.83130.12-2.38VOD ahead
2025-12-15107.79130.12-2.33VOD ahead
2025-12-12107.53129.00-2.29VOD ahead
2025-12-11107.69128.48-2.27VOD ahead
2025-12-10107.69128.69-2.32VOD ahead
2025-12-09107.53128.07-2.32VOD ahead
2025-12-08107.71128.07-2.34VOD ahead
2025-12-05108.65127.77-2.25VOD ahead
2025-12-04107.45129.51-2.56VOD ahead
2025-12-03107.64129.00-2.54VOD ahead
2025-12-02107.35126.84-2.42VOD ahead
2025-12-01106.68124.28-2.29VOD ahead
2025-11-28108.60127.77-2.44VOD ahead
2025-11-26108.86127.87-2.47VOD ahead
2025-11-25108.47125.20-2.29VOD ahead
2025-11-24108.00121.21-1.98VOD ahead
2025-11-21108.73124.08-2.21VOD ahead
2025-11-20108.81121.41-1.97VOD ahead
2025-11-19107.90123.05-2.26VOD ahead
2025-11-18109.06125.51-2.41VOD ahead
2025-11-17109.58125.10-2.35VOD ahead
2025-11-14110.08126.23-2.44VOD ahead
2025-11-13110.16127.15-2.57VOD ahead
2025-11-12111.04126.74-2.46VOD ahead
2025-11-11110.23129.82-2.92VOD ahead
2025-11-10110.36119.88-1.87VOD ahead
2025-11-07110.13118.65-1.78VOD ahead
2025-11-06108.81116.19-1.68VOD ahead
2025-11-05109.66115.47-1.50VOD ahead
2025-11-04109.38114.75-1.46VOD ahead
2025-11-03110.55116.60-1.54VOD ahead
2025-10-31110.60123.46-2.35VOD ahead
2025-10-30110.81122.64-2.25VOD ahead
2025-10-29111.19121.93-2.15VOD ahead
2025-10-28112.73125.36-2.37VOD ahead
2025-10-27111.56121.93-2.15VOD ahead
2025-10-24112.52120.18-1.84VOD ahead
2025-10-23112.21119.47-1.81VOD ahead
2025-10-22112.81120.29-1.84VOD ahead
2025-10-21112.57117.93-1.59VOD ahead
2025-10-20113.82119.47-1.62VOD ahead
2025-10-17113.17119.57-1.73VOD ahead
2025-10-16112.75117.62-1.55VOD ahead
2025-10-15112.44116.80-1.49VOD ahead
2025-10-14111.64116.29-1.54VOD ahead
2025-10-13111.66114.45-1.30VOD ahead
2025-10-10111.51115.78-1.50VOD ahead
2025-10-09111.66115.57-1.46VOD ahead
2025-10-08112.83115.47-1.30VOD ahead
2025-10-07113.45115.47-1.22VOD ahead
2025-10-06112.29115.68-1.41VOD ahead
2025-10-03112.60116.39-1.46VOD ahead
2025-10-02112.75117.01-1.53VOD ahead
2025-10-01113.97118.14-1.52VOD ahead
2025-09-30113.30118.85-1.71VOD ahead
2025-09-29113.40117.73-1.56VOD ahead
2025-09-26113.69117.21-1.46VOD ahead
2025-09-25113.25115.47-1.30VOD ahead
2025-09-24114.08116.09-1.27VOD ahead
2025-09-23113.90116.39-1.33VOD ahead
2025-09-22114.70116.70-1.26VOD ahead
2025-09-19114.31116.91-1.34VOD ahead
2025-09-18115.38117.11-1.22VOD ahead
2025-09-17116.31119.47-1.41VOD ahead
2025-09-16115.79120.59-1.62VOD ahead
2025-09-15116.86121.00-1.54VOD ahead
2025-09-12116.57121.41-1.63VOD ahead
2025-09-11116.83121.52-1.62VOD ahead
2025-09-10115.66119.36-1.50VOD ahead
2025-09-09115.32121.52-1.82VOD ahead
2025-09-08114.78120.90-1.83VOD ahead
2025-09-05114.75121.00-1.85VOD ahead
2025-09-04114.26120.39-1.86VOD ahead
2025-09-03112.81119.88-2.01VOD ahead
2025-09-02113.01120.08-2.02VOD ahead
2025-08-29113.01122.54-2.37VOD ahead
2025-08-28113.87122.13-2.22VOD ahead
2025-08-27114.23123.57-2.38VOD ahead
2025-08-26114.03121.52-2.16VOD ahead
2025-08-25115.71121.62-1.95VOD ahead
2025-08-22116.13122.13-1.98VOD ahead
2025-08-21118.18121.52-1.61VOD ahead
2025-08-20118.16121.93-1.68VOD ahead
2025-08-19118.94119.98-1.31VOD ahead
2025-08-18117.97119.88-1.43VOD ahead
2025-08-15116.62119.57-1.59VOD ahead
2025-08-14117.12119.26-1.48VOD ahead
2025-08-13116.81119.36-1.54VOD ahead
2025-08-12117.64118.24-1.27VOD ahead
2025-08-11116.83117.93-1.34VOD ahead
2025-08-08117.32116.39-1.06VOD ahead
2025-08-07117.25115.37-0.92VOD ahead
2025-08-06116.52115.78-1.09VOD ahead
2025-08-05117.01113.73-0.71VOD ahead
2025-08-04113.45113.11-1.15VOD ahead
2025-08-01113.66112.30-0.99VOD ahead
2025-07-31112.73110.76-0.89VOD ahead
2025-07-30112.73113.32-1.28VOD ahead
2025-07-29113.32113.83-1.26VOD ahead
2025-07-28112.81114.34-1.43VOD ahead
2025-07-25113.53117.11-1.73VOD ahead
2025-07-24114.70118.03-1.70VOD ahead
2025-07-23115.66115.78-1.23VOD ahead
2025-07-22114.52115.98-1.44VOD ahead
2025-07-21113.74114.04-1.27VOD ahead
2025-07-18113.71112.40-1.03VOD ahead
2025-07-17115.38112.09-0.73VOD ahead
2025-07-16115.22112.81-0.86VOD ahead
2025-07-15114.26110.66-0.67VOD ahead
2025-07-14115.45111.68-0.64VOD ahead
2025-07-11115.66111.07-0.52VOD ahead
2025-07-10114.99111.78-0.72VOD ahead
2025-07-09114.57111.48-0.74VOD ahead
2025-07-08115.14111.37-0.64VOD ahead
2025-07-07116.08111.89-0.59VOD ahead
2025-07-03118.21110.45-0.06near the usual relationship
2025-07-02121.95109.32+0.65CHT ahead
2025-07-01121.14111.78+0.15near the usual relationship
2025-06-30121.06109.22+0.54CHT ahead
2025-06-27121.74108.09+0.81CHT ahead
2025-06-26121.40109.22+0.59CHT ahead
2025-06-25120.23106.25+0.90CHT ahead
2025-06-24119.87106.97+0.74CHT ahead
2025-06-23119.56104.61+1.08CHT ahead
2025-06-20119.35104.51+1.06CHT ahead
2025-06-18119.95102.87+1.42CHT ahead
2025-06-17118.99102.87+1.29CHT ahead
2025-06-16119.82104.92+1.07CHT ahead
2025-06-13118.52102.25+1.33CHT ahead
2025-06-12117.58102.46+1.16CHT ahead
2025-06-11115.30100.41+1.18CHT ahead
2025-06-10114.86100.82+1.05CHT ahead
2025-06-09114.99101.54+0.95CHT ahead
2025-06-06113.66101.84+0.71CHT ahead
2025-06-05113.51104.61+0.22near the usual relationship
2025-06-04112.49105.12-0.02near the usual relationship
2025-06-03113.01105.53+0.00near the usual relationship
2025-06-02114.44106.56+0.05near the usual relationship
2025-05-30112.94105.94-0.08near the usual relationship
2025-05-29113.48105.94+0.00near the usual relationship
2025-05-28114.70106.45+0.11near the usual relationship
2025-05-27114.91107.58-0.04near the usual relationship
2025-05-23115.22107.27+0.06near the usual relationship
2025-05-22115.35107.99-0.04near the usual relationship
2025-05-21114.16106.76-0.02near the usual relationship
2025-05-20113.74106.45-0.02near the usual relationship
2025-05-19113.7998.77+1.28CHT ahead
2025-05-16113.4396.82+1.59CHT ahead
2025-05-15113.1494.98+1.89CHT ahead
2025-05-14110.9192.62+2.00CHT ahead
2025-05-13111.0692.83+2.00CHT ahead
2025-05-12112.5592.93+2.23CHT ahead
2025-05-09111.4395.29+1.61CHT ahead
2025-05-08109.1494.77+1.34CHT ahead
2025-05-07111.7496.31+1.48CHT ahead
2025-05-06113.7199.08+1.29CHT ahead
2025-05-05114.6098.36+1.56CHT ahead
2025-05-02109.3098.46+0.69CHT ahead
2025-05-01104.6099.69-0.32near the usual relationship
2025-04-30105.04100.00-0.30near the usual relationship
2025-04-29103.6698.16-0.21near the usual relationship
2025-04-28102.4298.05-0.41near the usual relationship
2025-04-25101.4395.80-0.17near the usual relationship
2025-04-24102.1695.39+0.03near the usual relationship
2025-04-23102.0395.29+0.02near the usual relationship
2025-04-22103.7498.16-0.22near the usual relationship
2025-04-21102.7594.57+0.26near the usual relationship
2025-04-17103.7995.39+0.28near the usual relationship
2025-04-16103.5693.95+0.50CHT ahead
2025-04-15103.9793.34+0.68CHT ahead
2025-04-14103.4591.80+0.87CHT ahead
2025-04-11104.6589.45+1.51CHT ahead
2025-04-10100.7886.58+1.43CHT ahead
2025-04-09101.6987.91+1.32CHT ahead
2025-04-0898.5583.91+1.58CHT ahead
2025-04-0797.9785.55+1.15CHT ahead
2025-04-04100.7887.09+1.34CHT ahead
2025-04-03103.0696.00+0.04near the usual relationship
2025-04-02102.0093.44+0.32near the usual relationship
2025-04-01102.1894.98+0.07near the usual relationship
2025-03-31101.8496.00-0.18near the usual relationship
2025-03-28102.0096.82-0.30near the usual relationship
2025-03-27102.4995.90-0.06near the usual relationship
2025-03-26101.0695.90-0.30near the usual relationship
2025-03-25101.5695.80-0.21near the usual relationship
2025-03-24101.2795.18-0.15near the usual relationship
2025-03-21101.6699.69-0.88VOD ahead
2025-03-20101.3299.39-0.89VOD ahead
2025-03-19100.83100.20-1.12VOD ahead
2025-03-18101.61100.82-1.10VOD ahead
2025-03-17102.08101.02-1.07VOD ahead
2025-03-14102.0397.85-0.53VOD ahead
2025-03-13101.7497.34-0.49near the usual relationship
2025-03-12100.8193.85-0.03near the usual relationship
2025-03-11100.6594.57-0.19near the usual relationship
2025-03-10101.5896.82-0.43near the usual relationship
2025-03-07101.7496.52-0.35near the usual relationship
2025-03-06101.6992.32+0.40near the usual relationship
2025-03-05101.7992.52+0.38near the usual relationship
2025-03-04101.1490.98+0.56CHT ahead
2025-03-03101.8291.19+0.64CHT ahead
2025-02-28100.9990.27+0.67CHT ahead
2025-02-27101.2289.65+0.83CHT ahead
2025-02-26100.8389.14+0.86CHT ahead
2025-02-25100.7389.65+0.74CHT ahead
2025-02-24101.9287.91+1.27CHT ahead
2025-02-21101.3885.66+1.63CHT ahead
2025-02-20100.9484.63+1.77CHT ahead
2025-02-1999.7784.73+1.55CHT ahead
2025-02-18100.7585.45+1.57CHT ahead
2025-02-14100.0585.66+1.41CHT ahead
2025-02-13100.2986.37+1.30CHT ahead
2025-02-12100.0588.01+0.93CHT ahead
2025-02-11100.0387.09+1.10CHT ahead
2025-02-10100.0087.81+0.94CHT ahead
2025-02-0799.7987.81+0.91CHT ahead
2025-02-06100.1686.48+1.22CHT ahead
2025-02-0599.7784.73+1.51CHT ahead
2025-02-0499.4584.02+1.61CHT ahead
2025-02-03100.0386.99+1.12CHT ahead
2025-01-31100.8887.50+1.18CHT ahead
2025-01-30100.8888.22+1.04CHT ahead
2025-01-29101.2587.60+1.23CHT ahead
2025-01-28101.9087.19+1.43CHT ahead
2025-01-27102.3487.81+1.39CHT ahead
2025-01-24101.1285.76+1.61CHT ahead
2025-01-23100.8186.07+1.50CHT ahead
2025-01-2298.2685.86+1.10CHT ahead
2025-01-2198.6087.60+0.81CHT ahead
2025-01-1798.2386.89+0.89CHT ahead
2025-01-1697.7786.89+0.81CHT ahead
2025-01-1597.1286.89+0.70CHT ahead
2025-01-1496.2984.53+1.03CHT ahead
2025-01-1396.3184.02+1.14CHT ahead
2025-01-1095.5382.48+1.33CHT ahead
2025-01-0897.3284.12+1.32CHT ahead
2025-01-0797.2586.17+0.89CHT ahead
2025-01-0697.3086.78+0.77CHT ahead
2025-01-0396.9686.78+0.72CHT ahead
2025-01-0297.2587.19+0.68CHT ahead
2024-12-3197.7986.99+0.82CHT ahead
2024-12-3098.4986.27+1.10CHT ahead
2024-12-2798.6086.37+1.10CHT ahead
2024-12-2698.6586.27+1.13CHT ahead
2024-12-2498.9186.37+1.16CHT ahead
2024-12-2398.3985.76+1.20CHT ahead
2024-12-2097.6985.96+1.04CHT ahead
2024-12-1998.6285.86+1.23CHT ahead
2024-12-1898.4286.17+1.13CHT ahead
2024-12-1798.3688.42+0.66CHT ahead
2024-12-1698.4987.81+0.80CHT ahead
2024-12-1399.1489.04+0.67CHT ahead
2024-12-1299.0188.93+0.66CHT ahead
2024-12-1199.0689.86+0.49near the usual relationship
2024-12-1099.6690.57+0.45near the usual relationship
2024-12-09100.0091.39+0.35near the usual relationship
2024-12-0699.7493.95-0.18near the usual relationship
2024-12-05100.2692.83+0.12near the usual relationship
2024-12-0499.9089.75+0.66CHT ahead
2024-12-0398.8690.47+0.34near the usual relationship
2024-12-0299.0190.88+0.29near the usual relationship
2024-11-2998.9491.91+0.07near the usual relationship
2024-11-2799.5691.91+0.19near the usual relationship
2024-11-2699.6490.78+0.42near the usual relationship
2024-11-2599.7991.29+0.35near the usual relationship
2024-11-2298.7089.45+0.52CHT ahead
2024-11-2198.3990.57+0.25near the usual relationship
2024-11-2098.0391.60-0.01near the usual relationship
2024-11-1998.8191.39+0.17near the usual relationship
2024-11-1898.3491.39+0.09near the usual relationship
2024-11-1597.6689.86+0.27near the usual relationship
2024-11-1497.0188.93+0.34near the usual relationship
2024-11-1398.5289.65+0.48near the usual relationship
2024-11-1297.9286.78+0.94CHT ahead
2024-11-1198.5795.49-0.59VOD ahead
2024-11-0898.4295.39-0.59VOD ahead
2024-11-0798.9995.49-0.50VOD ahead
2024-11-0696.7395.39-0.86VOD ahead
2024-11-05100.0396.41-0.47near the usual relationship
2024-11-0498.9695.49-0.48near the usual relationship
2024-11-0198.3695.80-0.63VOD ahead
2024-10-3197.9094.98-0.56VOD ahead
2024-10-3098.2396.21-0.71VOD ahead
2024-10-2998.4795.08-0.47near the usual relationship
2024-10-2898.4497.75-0.92VOD ahead
2024-10-2598.1697.13-0.87VOD ahead
2024-10-2498.0097.44-0.94VOD ahead
2024-10-2398.3696.93-0.79VOD ahead
2024-10-2299.3897.85-0.78VOD ahead
2024-10-2198.7598.67-1.01VOD ahead
2024-10-18100.00100.00-1.02VOD ahead

One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Nov 12, 2024 (CHT -0.7%, VOD -9.1%); Apr 4, 2025 (CHT -2.2%, VOD -9.3%); May 20, 2025 (CHT -0.1%, VOD +7.8%); Nov 11, 2025 (CHT -0.1%, VOD +8.3%); May 12, 2026 (CHT +0.5%, VOD -7.5%); Jul 10, 2026 (CHT -0.2%, VOD +12.5%). Upcoming earnings: CHT Nov 5, 2026 (not-supplied).

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

CHT and VOD at a glance

CHT Chunghwa Telecom Co. Ltd.

Listing
NYSE · SEC CIK 1132924
Industry
Telecommunications Equipment · SIC 4812 Radiotelephone Communications
Market value
$36.9B
Price history
2,521 daily closes, Oct 12, 2016 to Oct 22, 2026

VOD Vodafone Group Plc

Listing
Nasdaq · SEC CIK 839923
Industry
Telecommunications Equipment · SIC 4812 Radiotelephone Communications
Market value
$36.7B
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
TMUS / CHTWatchlistCHT by 2.74 sdSIC 4812 Radiotelephone Communications
TMUS / VODWatchlistVOD by 1.68 sdSIC 4812 Radiotelephone Communications

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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.