Dow Inc. vs Linde plc
Why these are rivals: #1 and #3 by market value ($235B vs $24B) in Nasdaq's "Major Chemicals" industry; SEC SIC 2810 / 2821 (same major group).
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: 0.16 (needs >= 0.60)
- Mean reversion: ADF t-statistic of the spread: -2.09 (needs <= -2.873 (5% critical value))
DOW is the larger business
Annual revenue reported to the SEC. Scale, not market share.
| Year | DOW | LIN | Larger |
|---|---|---|---|
| 2025 | $40.0B | $34.0B | DOW |
| 2024 | $43.0B | $33.0B | DOW |
| 2023 | $44.6B | $32.9B | DOW |
| 2022 | $56.9B | $33.4B | DOW |
| 2021 | $55.0B | $30.8B | DOW |
| 2020 | $38.5B | $27.2B | DOW |
DOW led in every year with figures for both. Market value: DOW $24.5B, LIN $234.8B.
LIN is ahead now
Measured against the pair's own last 252 trading days.
LIN leads DOW by 0.37 standard deviations: +4.6% over its usual price ratio. 4 lead switches in the last year.
| Price change | 3 mo | 6 mo | 12 mo |
|---|---|---|---|
| DOW | +2.7% | -14.8% | +37.9% |
| LIN | +4.6% | +4.5% | +23.2% |
Not a measured twin today
Only these tests can make a pair tradable on paper.
- Pass
- Aligned sessions: 926 (needs >= 254)
- Fail
- Co-movement: daily return correlation, 252 sessions: 0.16 (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: 25.20 (needs <= 63)
- Data
- Both stocks current
Prices side by side, and the gap between them
Data table (504 sessions)
| Date | DOW index | LIN index | z | Ahead |
|---|---|---|---|---|
| 2026-11-06 | 65.48 | 112.42 | -0.37 | near the usual relationship |
| 2026-11-05 | 66.69 | 113.73 | -0.31 | near the usual relationship |
| 2026-11-04 | 68.20 | 114.49 | -0.18 | near the usual relationship |
| 2026-11-03 | 70.47 | 111.61 | +0.30 | near the usual relationship |
| 2026-11-02 | 71.28 | 113.40 | +0.27 | near the usual relationship |
| 2026-10-30 | 72.37 | 112.20 | +0.48 | near the usual relationship |
| 2026-10-29 | 70.11 | 109.78 | +0.41 | near the usual relationship |
| 2026-10-28 | 71.18 | 110.87 | +0.45 | near the usual relationship |
| 2026-10-27 | 70.45 | 110.98 | +0.37 | near the usual relationship |
| 2026-10-26 | 70.89 | 110.74 | +0.44 | near the usual relationship |
| 2026-10-23 | 68.01 | 111.02 | +0.09 | near the usual relationship |
| 2026-10-22 | 66.34 | 111.35 | -0.12 | near the usual relationship |
| 2026-10-21 | 63.36 | 109.22 | -0.32 | near the usual relationship |
| 2026-10-20 | 64.00 | 109.51 | -0.25 | near the usual relationship |
| 2026-10-19 | 62.73 | 109.84 | -0.42 | near the usual relationship |
| 2026-10-16 | 62.42 | 108.75 | -0.37 | near the usual relationship |
| 2026-10-15 | 61.86 | 107.61 | -0.35 | near the usual relationship |
| 2026-10-14 | 60.88 | 107.50 | -0.45 | near the usual relationship |
| 2026-10-13 | 59.46 | 107.37 | -0.60 | LIN ahead |
| 2026-10-12 | 58.64 | 106.33 | -0.63 | LIN ahead |
| 2026-10-09 | 59.27 | 105.54 | -0.48 | near the usual relationship |
| 2026-10-08 | 59.62 | 105.10 | -0.40 | near the usual relationship |
| 2026-10-07 | 57.91 | 105.60 | -0.64 | LIN ahead |
| 2026-10-06 | 58.73 | 106.90 | -0.62 | LIN ahead |
| 2026-10-05 | 59.46 | 105.25 | -0.41 | near the usual relationship |
| 2026-10-02 | 58.33 | 104.62 | -0.50 | LIN ahead |
| 2026-10-01 | 57.54 | 102.43 | -0.44 | near the usual relationship |
| 2026-09-30 | 57.43 | 103.56 | -0.52 | LIN ahead |
| 2026-09-29 | 57.58 | 103.28 | -0.48 | near the usual relationship |
| 2026-09-28 | 58.16 | 102.99 | -0.38 | near the usual relationship |
| 2026-09-25 | 58.44 | 102.52 | -0.30 | near the usual relationship |
| 2026-09-24 | 59.56 | 102.14 | -0.14 | near the usual relationship |
| 2026-09-23 | 59.75 | 102.49 | -0.13 | near the usual relationship |
| 2026-09-22 | 58.81 | 101.44 | -0.17 | near the usual relationship |
| 2026-09-21 | 58.96 | 99.82 | -0.03 | near the usual relationship |
| 2026-09-18 | 59.92 | 100.45 | +0.04 | near the usual relationship |
| 2026-09-17 | 61.50 | 100.03 | +0.25 | near the usual relationship |
| 2026-09-16 | 62.73 | 100.82 | +0.33 | near the usual relationship |
| 2026-09-15 | 62.25 | 101.01 | +0.27 | near the usual relationship |
| 2026-09-14 | 60.27 | 101.33 | +0.04 | near the usual relationship |
| 2026-09-11 | 60.54 | 101.72 | +0.05 | near the usual relationship |
| 2026-09-10 | 61.81 | 100.72 | +0.26 | near the usual relationship |
| 2026-09-09 | 61.31 | 101.82 | +0.14 | near the usual relationship |
| 2026-09-08 | 61.67 | 102.19 | +0.16 | near the usual relationship |
| 2026-09-04 | 61.40 | 104.20 | +0.01 | near the usual relationship |
| 2026-09-03 | 63.32 | 105.21 | +0.15 | near the usual relationship |
| 2026-09-02 | 65.23 | 106.36 | +0.28 | near the usual relationship |
| 2026-09-01 | 63.52 | 106.21 | +0.12 | near the usual relationship |
| 2026-08-31 | 63.65 | 106.82 | +0.10 | near the usual relationship |
| 2026-08-28 | 63.63 | 106.81 | +0.10 | near the usual relationship |
| 2026-08-27 | 63.25 | 105.90 | +0.12 | near the usual relationship |
| 2026-08-26 | 63.25 | 106.98 | +0.06 | near the usual relationship |
| 2026-08-25 | 62.90 | 106.30 | +0.07 | near the usual relationship |
| 2026-08-24 | 65.57 | 106.92 | +0.31 | near the usual relationship |
| 2026-08-21 | 67.47 | 106.38 | +0.53 | DOW ahead |
| 2026-08-20 | 68.61 | 105.01 | +0.72 | DOW ahead |
| 2026-08-19 | 66.21 | 104.98 | +0.51 | DOW ahead |
| 2026-08-18 | 65.05 | 104.45 | +0.43 | near the usual relationship |
| 2026-08-17 | 65.36 | 103.49 | +0.52 | DOW ahead |
| 2026-08-14 | 64.80 | 105.33 | +0.37 | near the usual relationship |
| 2026-08-13 | 63.32 | 104.34 | +0.29 | near the usual relationship |
| 2026-08-12 | 63.75 | 104.61 | +0.32 | near the usual relationship |
| 2026-08-11 | 65.19 | 107.03 | +0.32 | near the usual relationship |
| 2026-08-10 | 63.77 | 107.45 | +0.17 | near the usual relationship |
| 2026-08-07 | 61.19 | 106.91 | -0.04 | near the usual relationship |
| 2026-08-06 | 63.19 | 106.94 | +0.15 | near the usual relationship |
| 2026-08-05 | 61.88 | 107.14 | +0.02 | near the usual relationship |
| 2026-08-04 | 63.25 | 105.74 | +0.24 | near the usual relationship |
| 2026-08-03 | 62.34 | 104.83 | +0.21 | near the usual relationship |
| 2026-07-31 | 63.17 | 104.38 | +0.32 | near the usual relationship |
| 2026-07-30 | 62.75 | 110.98 | -0.08 | near the usual relationship |
| 2026-07-29 | 63.50 | 111.53 | -0.04 | near the usual relationship |
| 2026-07-28 | 60.17 | 111.53 | -0.36 | near the usual relationship |
| 2026-07-27 | 59.96 | 110.63 | -0.33 | near the usual relationship |
| 2026-07-24 | 62.23 | 111.77 | -0.17 | near the usual relationship |
| 2026-07-23 | 64.44 | 110.47 | +0.10 | near the usual relationship |
| 2026-07-22 | 65.17 | 110.99 | +0.14 | near the usual relationship |
| 2026-07-21 | 63.55 | 110.19 | +0.03 | near the usual relationship |
| 2026-07-20 | 63.34 | 111.72 | -0.07 | near the usual relationship |
| 2026-07-17 | 62.40 | 111.98 | -0.17 | near the usual relationship |
| 2026-07-16 | 61.11 | 113.62 | -0.38 | near the usual relationship |
| 2026-07-15 | 61.94 | 112.18 | -0.23 | near the usual relationship |
| 2026-07-14 | 63.21 | 114.01 | -0.21 | near the usual relationship |
| 2026-07-13 | 63.34 | 114.34 | -0.21 | near the usual relationship |
| 2026-07-10 | 60.54 | 115.59 | -0.55 | LIN ahead |
| 2026-07-09 | 59.44 | 114.67 | -0.62 | LIN ahead |
| 2026-07-08 | 60.54 | 115.13 | -0.53 | LIN ahead |
| 2026-07-07 | 59.73 | 117.44 | -0.73 | LIN ahead |
| 2026-07-06 | 57.00 | 117.94 | -1.05 | LIN ahead |
| 2026-07-02 | 57.79 | 119.27 | -1.04 | LIN ahead |
| 2026-07-01 | 56.35 | 116.41 | -1.05 | LIN ahead |
| 2026-06-30 | 57.06 | 113.23 | -0.81 | LIN ahead |
| 2026-06-29 | 58.23 | 111.51 | -0.60 | LIN ahead |
| 2026-06-26 | 60.56 | 113.37 | -0.46 | near the usual relationship |
| 2026-06-25 | 61.13 | 113.96 | -0.44 | near the usual relationship |
| 2026-06-24 | 61.27 | 112.53 | -0.35 | near the usual relationship |
| 2026-06-23 | 63.25 | 111.77 | -0.12 | near the usual relationship |
| 2026-06-22 | 64.21 | 112.74 | -0.08 | near the usual relationship |
| 2026-06-18 | 66.17 | 111.75 | +0.15 | near the usual relationship |
| 2026-06-17 | 67.78 | 112.55 | +0.25 | near the usual relationship |
| 2026-06-16 | 68.74 | 113.06 | +0.31 | near the usual relationship |
| 2026-06-15 | 69.30 | 113.78 | +0.32 | near the usual relationship |
| 2026-06-12 | 70.59 | 114.24 | +0.41 | near the usual relationship |
| 2026-06-11 | 70.14 | 112.46 | +0.46 | near the usual relationship |
| 2026-06-10 | 71.41 | 111.09 | +0.65 | DOW ahead |
| 2026-06-09 | 69.28 | 112.50 | +0.39 | near the usual relationship |
| 2026-06-08 | 71.32 | 109.51 | +0.73 | DOW ahead |
| 2026-06-05 | 70.84 | 110.82 | +0.62 | DOW ahead |
| 2026-06-04 | 72.55 | 110.72 | +0.78 | DOW ahead |
| 2026-06-03 | 73.83 | 110.75 | +0.89 | DOW ahead |
| 2026-06-02 | 72.41 | 108.20 | +0.92 | DOW ahead |
| 2026-06-01 | 72.35 | 108.53 | +0.90 | DOW ahead |
| 2026-05-29 | 70.39 | 108.59 | +0.73 | DOW ahead |
| 2026-05-28 | 72.51 | 109.53 | +0.86 | DOW ahead |
| 2026-05-27 | 71.93 | 110.81 | +0.74 | DOW ahead |
| 2026-05-26 | 73.58 | 112.36 | +0.80 | DOW ahead |
| 2026-05-22 | 75.10 | 112.93 | +0.90 | DOW ahead |
| 2026-05-21 | 74.89 | 112.26 | +0.92 | DOW ahead |
| 2026-05-20 | 75.64 | 110.54 | +1.08 | DOW ahead |
| 2026-05-19 | 78.71 | 110.42 | +1.34 | DOW ahead |
| 2026-05-18 | 80.42 | 111.46 | +1.42 | DOW ahead |
| 2026-05-15 | 80.81 | 110.43 | +1.52 | DOW ahead |
| 2026-05-14 | 80.88 | 111.64 | +1.46 | DOW ahead |
| 2026-05-13 | 81.00 | 111.99 | +1.46 | DOW ahead |
| 2026-05-12 | 82.23 | 109.94 | +1.68 | DOW ahead |
| 2026-05-11 | 80.83 | 110.05 | +1.58 | DOW ahead |
| 2026-05-08 | 76.89 | 107.60 | +1.41 | DOW ahead |
| 2026-05-07 | 77.83 | 107.75 | +1.49 | DOW ahead |
| 2026-05-06 | 80.29 | 109.50 | +1.60 | DOW ahead |
| 2026-05-05 | 85.09 | 109.16 | +2.00 | DOW ahead |
| 2026-05-04 | 84.63 | 107.69 | +2.08 | DOW ahead |
| 2026-05-01 | 84.03 | 110.82 | +1.86 | DOW ahead |
| 2026-04-30 | 84.44 | 109.34 | +2.00 | DOW ahead |
| 2026-04-29 | 82.48 | 110.12 | +1.81 | DOW ahead |
| 2026-04-28 | 79.27 | 111.34 | +1.49 | DOW ahead |
| 2026-04-27 | 79.46 | 111.44 | +1.50 | DOW ahead |
| 2026-04-24 | 80.63 | 111.34 | +1.62 | DOW ahead |
| 2026-04-23 | 80.35 | 110.85 | +1.64 | DOW ahead |
| 2026-04-22 | 80.94 | 107.92 | +1.88 | DOW ahead |
| 2026-04-21 | 79.90 | 107.97 | +1.81 | DOW ahead |
| 2026-04-20 | 76.68 | 108.69 | +1.50 | DOW ahead |
| 2026-04-17 | 74.24 | 107.40 | +1.37 | DOW ahead |
| 2026-04-16 | 83.25 | 108.92 | +2.07 | DOW ahead |
| 2026-04-15 | 81.00 | 108.64 | +1.92 | DOW ahead |
| 2026-04-14 | 81.67 | 109.02 | +1.97 | DOW ahead |
| 2026-04-13 | 83.65 | 111.03 | +2.03 | DOW ahead |
| 2026-04-10 | 81.36 | 109.78 | +1.93 | DOW ahead |
| 2026-04-09 | 79.33 | 109.81 | +1.77 | DOW ahead |
| 2026-04-08 | 81.92 | 109.20 | +2.06 | DOW ahead |
| 2026-04-07 | 86.36 | 107.91 | +2.55 | DOW ahead |
| 2026-04-06 | 84.59 | 108.98 | +2.35 | DOW ahead |
| 2026-04-02 | 86.34 | 109.66 | +2.47 | DOW ahead |
| 2026-04-01 | 84.86 | 107.75 | +2.49 | DOW ahead |
| 2026-03-31 | 86.86 | 108.17 | +2.65 | DOW ahead |
| 2026-03-30 | 87.32 | 108.93 | +2.66 | DOW ahead |
| 2026-03-27 | 85.13 | 107.16 | +2.61 | DOW ahead |
| 2026-03-26 | 82.31 | 108.11 | +2.30 | DOW ahead |
| 2026-03-25 | 82.63 | 107.42 | +2.38 | DOW ahead |
| 2026-03-24 | 79.90 | 104.70 | +2.32 | DOW ahead |
| 2026-03-23 | 75.16 | 104.30 | +1.88 | DOW ahead |
| 2026-03-20 | 76.43 | 106.51 | +1.84 | DOW ahead |
| 2026-03-19 | 78.19 | 106.87 | +1.97 | DOW ahead |
| 2026-03-18 | 78.60 | 106.60 | +2.02 | DOW ahead |
| 2026-03-17 | 76.98 | 107.80 | +1.77 | DOW ahead |
| 2026-03-16 | 75.08 | 108.53 | +1.53 | DOW ahead |
| 2026-03-13 | 76.37 | 107.77 | +1.70 | DOW ahead |
| 2026-03-12 | 78.37 | 107.00 | +1.93 | DOW ahead |
| 2026-03-11 | 71.68 | 105.07 | +1.40 | DOW ahead |
| 2026-03-10 | 70.68 | 104.28 | +1.34 | DOW ahead |
| 2026-03-09 | 71.55 | 105.52 | +1.33 | DOW ahead |
| 2026-03-06 | 69.41 | 105.76 | +1.09 | DOW ahead |
| 2026-03-05 | 70.32 | 106.93 | +1.09 | DOW ahead |
| 2026-03-04 | 67.45 | 108.92 | +0.66 | DOW ahead |
| 2026-03-03 | 64.11 | 109.46 | +0.26 | near the usual relationship |
| 2026-03-02 | 63.82 | 111.13 | +0.11 | near the usual relationship |
| 2026-02-27 | 64.09 | 110.86 | +0.15 | near the usual relationship |
| 2026-02-26 | 62.36 | 108.77 | +0.08 | near the usual relationship |
| 2026-02-25 | 62.61 | 110.90 | -0.03 | near the usual relationship |
| 2026-02-24 | 64.75 | 109.97 | +0.24 | near the usual relationship |
| 2026-02-23 | 63.19 | 108.70 | +0.14 | near the usual relationship |
| 2026-02-20 | 63.65 | 108.33 | +0.20 | near the usual relationship |
| 2026-02-19 | 65.46 | 106.94 | +0.45 | near the usual relationship |
| 2026-02-18 | 65.86 | 105.88 | +0.54 | DOW ahead |
| 2026-02-17 | 65.53 | 105.21 | +0.54 | DOW ahead |
| 2026-02-13 | 67.76 | 104.95 | +0.75 | DOW ahead |
| 2026-02-12 | 68.09 | 103.17 | +0.88 | DOW ahead |
| 2026-02-11 | 70.91 | 102.01 | +1.19 | DOW ahead |
| 2026-02-10 | 70.07 | 100.48 | +1.20 | DOW ahead |
| 2026-02-09 | 66.90 | 99.57 | +0.96 | DOW ahead |
| 2026-02-06 | 66.28 | 97.80 | +1.00 | DOW ahead |
| 2026-02-05 | 63.82 | 100.30 | +0.61 | DOW ahead |
| 2026-02-04 | 67.57 | 103.28 | +0.77 | DOW ahead |
| 2026-02-03 | 63.59 | 101.15 | +0.52 | DOW ahead |
| 2026-02-02 | 60.23 | 100.40 | +0.24 | near the usual relationship |
| 2026-01-30 | 57.46 | 99.71 | -0.01 | near the usual relationship |
| 2026-01-29 | 56.64 | 99.28 | -0.07 | near the usual relationship |
| 2026-01-28 | 57.94 | 98.51 | +0.09 | near the usual relationship |
| 2026-01-27 | 58.00 | 98.85 | +0.07 | near the usual relationship |
| 2026-01-26 | 58.77 | 99.28 | +0.10 | near the usual relationship |
| 2026-01-23 | 58.92 | 98.53 | +0.15 | near the usual relationship |
| 2026-01-22 | 59.08 | 97.23 | +0.22 | near the usual relationship |
| 2026-01-21 | 59.25 | 95.86 | +0.30 | near the usual relationship |
| 2026-01-20 | 55.43 | 94.51 | +0.02 | near the usual relationship |
| 2026-01-16 | 57.50 | 95.78 | +0.13 | near the usual relationship |
| 2026-01-15 | 58.27 | 96.01 | +0.18 | near the usual relationship |
| 2026-01-14 | 58.94 | 96.00 | +0.23 | near the usual relationship |
| 2026-01-13 | 55.37 | 96.64 | -0.13 | near the usual relationship |
| 2026-01-12 | 55.27 | 96.79 | -0.16 | near the usual relationship |
| 2026-01-09 | 54.91 | 96.89 | -0.20 | near the usual relationship |
| 2026-01-08 | 54.06 | 95.94 | -0.24 | near the usual relationship |
| 2026-01-07 | 51.72 | 94.72 | -0.40 | near the usual relationship |
| 2026-01-06 | 53.22 | 95.38 | -0.30 | near the usual relationship |
| 2026-01-05 | 51.93 | 94.50 | -0.38 | near the usual relationship |
| 2026-01-02 | 50.62 | 93.63 | -0.47 | near the usual relationship |
| 2025-12-31 | 48.76 | 93.03 | -0.62 | LIN ahead |
| 2025-12-30 | 49.03 | 93.46 | -0.62 | LIN ahead |
| 2025-12-29 | 48.70 | 93.07 | -0.64 | LIN ahead |
| 2025-12-26 | 48.57 | 92.68 | -0.64 | LIN ahead |
| 2025-12-24 | 48.09 | 92.71 | -0.69 | LIN ahead |
| 2025-12-23 | 47.76 | 92.75 | -0.73 | LIN ahead |
| 2025-12-22 | 48.84 | 92.40 | -0.62 | LIN ahead |
| 2025-12-19 | 48.51 | 91.95 | -0.63 | LIN ahead |
| 2025-12-18 | 48.05 | 91.42 | -0.65 | LIN ahead |
| 2025-12-17 | 48.11 | 92.15 | -0.69 | LIN ahead |
| 2025-12-16 | 47.63 | 92.40 | -0.75 | LIN ahead |
| 2025-12-15 | 48.91 | 90.98 | -0.57 | LIN ahead |
| 2025-12-12 | 49.99 | 90.82 | -0.47 | near the usual relationship |
| 2025-12-11 | 51.26 | 88.00 | -0.23 | near the usual relationship |
| 2025-12-10 | 51.28 | 85.68 | -0.12 | near the usual relationship |
| 2025-12-09 | 48.20 | 85.18 | -0.37 | near the usual relationship |
| 2025-12-08 | 47.67 | 84.96 | -0.41 | near the usual relationship |
| 2025-12-05 | 47.88 | 87.18 | -0.51 | LIN ahead |
| 2025-12-04 | 47.70 | 88.09 | -0.58 | LIN ahead |
| 2025-12-03 | 49.55 | 89.27 | -0.48 | near the usual relationship |
| 2025-12-02 | 49.76 | 89.19 | -0.46 | near the usual relationship |
| 2025-12-01 | 49.72 | 88.83 | -0.46 | near the usual relationship |
| 2025-11-28 | 49.74 | 89.53 | -0.49 | near the usual relationship |
| 2025-11-26 | 49.86 | 89.00 | -0.46 | near the usual relationship |
| 2025-11-25 | 48.38 | 88.99 | -0.59 | LIN ahead |
| 2025-11-24 | 46.99 | 88.95 | -0.72 | LIN ahead |
| 2025-11-21 | 46.30 | 90.05 | -0.84 | LIN ahead |
| 2025-11-20 | 43.69 | 89.13 | -1.04 | LIN ahead |
| 2025-11-19 | 44.44 | 90.16 | -1.02 | LIN ahead |
| 2025-11-18 | 45.57 | 90.49 | -0.94 | LIN ahead |
| 2025-11-17 | 45.19 | 91.17 | -1.02 | LIN ahead |
| 2025-11-14 | 47.82 | 92.38 | -0.85 | LIN ahead |
| 2025-11-13 | 48.20 | 93.52 | -0.87 | LIN ahead |
| 2025-11-12 | 46.26 | 93.59 | -1.05 | LIN ahead |
| 2025-11-11 | 46.53 | 93.09 | -1.01 | LIN ahead |
| 2025-11-10 | 46.09 | 91.79 | -1.00 | LIN ahead |
| 2025-11-07 | 46.49 | 91.75 | -0.97 | LIN ahead |
| 2025-11-06 | 46.34 | 90.62 | -0.94 | LIN ahead |
| 2025-11-05 | 47.49 | 91.25 | -0.88 | LIN ahead |
| 2025-11-04 | 47.11 | 91.19 | -0.91 | LIN ahead |
| 2025-11-03 | 48.45 | 89.93 | -0.75 | LIN ahead |
| 2025-10-31 | 49.74 | 91.27 | -0.72 | LIN ahead |
| 2025-10-30 | 49.64 | 93.80 | -0.84 | LIN ahead |
| 2025-10-29 | 51.85 | 94.26 | -0.69 | LIN ahead |
| 2025-10-28 | 52.93 | 96.60 | -0.71 | LIN ahead |
| 2025-10-27 | 53.66 | 97.05 | -0.69 | LIN ahead |
| 2025-10-24 | 51.74 | 97.31 | -0.84 | LIN ahead |
| 2025-10-23 | 51.12 | 98.20 | -0.93 | LIN ahead |
| 2025-10-22 | 45.26 | 98.17 | -1.39 | LIN ahead |
| 2025-10-21 | 45.36 | 98.20 | -1.40 | LIN ahead |
| 2025-10-20 | 45.11 | 98.53 | -1.44 | LIN ahead |
| 2025-10-17 | 45.65 | 98.38 | -1.40 | LIN ahead |
| 2025-10-16 | 45.67 | 96.93 | -1.35 | LIN ahead |
| 2025-10-15 | 46.30 | 98.49 | -1.37 | LIN ahead |
| 2025-10-14 | 45.71 | 100.20 | -1.49 | LIN ahead |
| 2025-10-13 | 44.67 | 99.63 | -1.57 | LIN ahead |
| 2025-10-10 | 43.07 | 99.02 | -1.69 | LIN ahead |
| 2025-10-09 | 46.05 | 99.97 | -1.49 | LIN ahead |
| 2025-10-08 | 47.13 | 102.07 | -1.49 | LIN ahead |
| 2025-10-07 | 46.92 | 102.63 | -1.54 | LIN ahead |
| 2025-10-06 | 48.84 | 102.23 | -1.39 | LIN ahead |
| 2025-10-03 | 49.68 | 101.83 | -1.32 | LIN ahead |
| 2025-10-02 | 49.41 | 102.43 | -1.37 | LIN ahead |
| 2025-10-01 | 48.07 | 101.85 | -1.46 | LIN ahead |
| 2025-09-30 | 47.82 | 103.64 | -1.55 | LIN ahead |
| 2025-09-29 | 47.74 | 103.96 | -1.59 | LIN ahead |
| 2025-09-26 | 47.88 | 103.51 | -1.57 | LIN ahead |
| 2025-09-25 | 46.30 | 103.37 | -1.70 | LIN ahead |
| 2025-09-24 | 48.24 | 103.45 | -1.57 | LIN ahead |
| 2025-09-23 | 47.67 | 104.72 | -1.67 | LIN ahead |
| 2025-09-22 | 48.32 | 104.24 | -1.62 | LIN ahead |
| 2025-09-19 | 48.99 | 104.51 | -1.59 | LIN ahead |
| 2025-09-18 | 50.28 | 103.86 | -1.49 | LIN ahead |
| 2025-09-17 | 51.18 | 104.70 | -1.46 | LIN ahead |
| 2025-09-16 | 51.05 | 102.87 | -1.42 | LIN ahead |
| 2025-09-15 | 50.41 | 104.02 | -1.52 | LIN ahead |
| 2025-09-12 | 52.22 | 105.18 | -1.44 | LIN ahead |
| 2025-09-11 | 52.18 | 105.51 | -1.47 | LIN ahead |
| 2025-09-10 | 49.70 | 103.14 | -1.58 | LIN ahead |
| 2025-09-09 | 50.34 | 103.30 | -1.55 | LIN ahead |
| 2025-09-08 | 50.01 | 103.56 | -1.60 | LIN ahead |
| 2025-09-05 | 51.09 | 102.44 | -1.49 | LIN ahead |
| 2025-09-04 | 49.86 | 103.07 | -1.62 | LIN ahead |
| 2025-09-03 | 49.91 | 102.94 | -1.62 | LIN ahead |
| 2025-09-02 | 50.91 | 103.45 | -1.58 | LIN ahead |
| 2025-08-29 | 51.37 | 104.36 | -1.59 | LIN ahead |
| 2025-08-28 | 51.24 | 105.20 | -1.65 | LIN ahead |
| 2025-08-27 | 51.60 | 105.32 | -1.64 | LIN ahead |
| 2025-08-26 | 51.60 | 105.15 | -1.65 | LIN ahead |
| 2025-08-25 | 51.97 | 104.26 | -1.60 | LIN ahead |
| 2025-08-22 | 52.37 | 105.09 | -1.62 | LIN ahead |
| 2025-08-21 | 49.41 | 104.89 | -1.85 | LIN ahead |
| 2025-08-20 | 50.22 | 105.25 | -1.82 | LIN ahead |
| 2025-08-19 | 49.07 | 104.71 | -1.91 | LIN ahead |
| 2025-08-18 | 48.47 | 104.41 | -1.96 | LIN ahead |
| 2025-08-15 | 48.72 | 104.75 | -1.98 | LIN ahead |
| 2025-08-14 | 48.74 | 104.21 | -1.97 | LIN ahead |
| 2025-08-13 | 47.80 | 103.78 | -2.06 | LIN ahead |
| 2025-08-12 | 45.28 | 103.25 | -2.28 | LIN ahead |
| 2025-08-11 | 43.52 | 102.63 | -2.44 | LIN ahead |
| 2025-08-08 | 44.25 | 103.08 | -2.42 | LIN ahead |
| 2025-08-07 | 45.07 | 102.42 | -2.36 | LIN ahead |
| 2025-08-06 | 44.42 | 102.87 | -2.47 | LIN ahead |
| 2025-08-05 | 46.67 | 102.51 | -2.29 | LIN ahead |
| 2025-08-04 | 45.03 | 101.98 | -2.45 | LIN ahead |
| 2025-08-01 | 45.44 | 100.24 | -2.37 | LIN ahead |
| 2025-07-31 | 48.57 | 100.42 | -2.13 | LIN ahead |
| 2025-07-30 | 49.89 | 101.73 | -2.10 | LIN ahead |
| 2025-07-29 | 52.51 | 102.88 | -1.95 | LIN ahead |
| 2025-07-28 | 53.62 | 101.99 | -1.85 | LIN ahead |
| 2025-07-25 | 53.20 | 103.18 | -1.95 | LIN ahead |
| 2025-07-24 | 52.28 | 102.87 | -2.03 | LIN ahead |
| 2025-07-23 | 63.34 | 102.55 | -1.22 | LIN ahead |
| 2025-07-22 | 61.86 | 102.99 | -1.35 | LIN ahead |
| 2025-07-21 | 59.21 | 102.64 | -1.53 | LIN ahead |
| 2025-07-18 | 59.10 | 101.46 | -1.50 | LIN ahead |
| 2025-07-17 | 59.35 | 100.65 | -1.46 | LIN ahead |
| 2025-07-16 | 58.69 | 100.29 | -1.50 | LIN ahead |
| 2025-07-15 | 58.37 | 100.49 | -1.55 | LIN ahead |
| 2025-07-14 | 58.92 | 102.28 | -1.60 | LIN ahead |
| 2025-07-11 | 61.63 | 102.29 | -1.42 | LIN ahead |
| 2025-07-10 | 63.04 | 102.62 | -1.35 | LIN ahead |
| 2025-07-09 | 62.23 | 102.83 | -1.42 | LIN ahead |
| 2025-07-08 | 60.60 | 102.54 | -1.54 | LIN ahead |
| 2025-07-07 | 57.31 | 102.46 | -1.79 | LIN ahead |
| 2025-07-03 | 59.35 | 103.77 | -1.71 | LIN ahead |
| 2025-07-02 | 59.92 | 104.11 | -1.70 | LIN ahead |
| 2025-07-01 | 58.04 | 104.02 | -1.85 | LIN ahead |
| 2025-06-30 | 55.22 | 102.37 | -2.01 | LIN ahead |
| 2025-06-27 | 56.31 | 101.19 | -1.90 | LIN ahead |
| 2025-06-26 | 56.62 | 101.34 | -1.90 | LIN ahead |
| 2025-06-25 | 55.93 | 100.41 | -1.94 | LIN ahead |
| 2025-06-24 | 57.41 | 101.06 | -1.87 | LIN ahead |
| 2025-06-23 | 56.04 | 100.31 | -1.96 | LIN ahead |
| 2025-06-20 | 57.89 | 99.46 | -1.80 | LIN ahead |
| 2025-06-18 | 59.44 | 100.08 | -1.73 | LIN ahead |
| 2025-06-17 | 61.40 | 100.56 | -1.62 | LIN ahead |
| 2025-06-16 | 63.75 | 101.81 | -1.52 | LIN ahead |
| 2025-06-13 | 62.36 | 101.67 | -1.63 | LIN ahead |
| 2025-06-12 | 62.86 | 102.66 | -1.65 | LIN ahead |
| 2025-06-11 | 63.98 | 102.23 | -1.57 | LIN ahead |
| 2025-06-10 | 64.03 | 103.76 | -1.64 | LIN ahead |
| 2025-06-09 | 61.29 | 103.02 | -1.82 | LIN ahead |
| 2025-06-06 | 59.54 | 103.14 | -1.98 | LIN ahead |
| 2025-06-05 | 58.77 | 102.61 | -2.03 | LIN ahead |
| 2025-06-04 | 58.98 | 103.37 | -2.07 | LIN ahead |
| 2025-06-03 | 57.96 | 102.95 | -2.16 | LIN ahead |
| 2025-06-02 | 56.73 | 101.36 | -2.21 | LIN ahead |
| 2025-05-30 | 57.85 | 102.02 | -2.18 | LIN ahead |
| 2025-05-29 | 60.04 | 101.26 | -1.99 | LIN ahead |
| 2025-05-28 | 59.10 | 100.91 | -2.07 | LIN ahead |
| 2025-05-27 | 60.31 | 102.10 | -2.05 | LIN ahead |
| 2025-05-23 | 59.06 | 100.13 | -2.08 | LIN ahead |
| 2025-05-22 | 59.79 | 100.15 | -2.05 | LIN ahead |
| 2025-05-21 | 59.96 | 99.38 | -2.02 | LIN ahead |
| 2025-05-20 | 62.13 | 100.33 | -1.92 | LIN ahead |
| 2025-05-19 | 62.79 | 100.44 | -1.89 | LIN ahead |
| 2025-05-16 | 62.96 | 99.88 | -1.87 | LIN ahead |
| 2025-05-15 | 62.36 | 99.11 | -1.90 | LIN ahead |
| 2025-05-14 | 62.92 | 97.31 | -1.78 | LIN ahead |
| 2025-05-13 | 64.17 | 98.33 | -1.76 | LIN ahead |
| 2025-05-12 | 64.61 | 99.15 | -1.78 | LIN ahead |
| 2025-05-09 | 61.48 | 98.77 | -2.02 | LIN ahead |
| 2025-05-08 | 60.98 | 98.89 | -2.08 | LIN ahead |
| 2025-05-07 | 59.33 | 98.11 | -2.20 | LIN ahead |
| 2025-05-06 | 60.06 | 97.54 | -2.14 | LIN ahead |
| 2025-05-05 | 60.38 | 98.73 | -2.20 | LIN ahead |
| 2025-05-02 | 63.44 | 99.26 | -2.01 | LIN ahead |
| 2025-05-01 | 63.67 | 97.76 | -1.94 | LIN ahead |
| 2025-04-30 | 63.80 | 98.89 | -2.01 | LIN ahead |
| 2025-04-29 | 63.92 | 98.31 | -2.00 | LIN ahead |
| 2025-04-28 | 62.46 | 97.75 | -2.11 | LIN ahead |
| 2025-04-25 | 62.61 | 97.84 | -2.13 | LIN ahead |
| 2025-04-24 | 62.06 | 98.08 | -2.21 | LIN ahead |
| 2025-04-23 | 60.48 | 97.79 | -2.36 | LIN ahead |
| 2025-04-22 | 60.48 | 99.19 | -2.47 | LIN ahead |
| 2025-04-21 | 58.64 | 96.84 | -2.55 | LIN ahead |
| 2025-04-17 | 58.71 | 98.65 | -2.68 | LIN ahead |
| 2025-04-16 | 57.29 | 97.75 | -2.81 | LIN ahead |
| 2025-04-15 | 57.77 | 98.40 | -2.86 | LIN ahead |
| 2025-04-14 | 60.23 | 97.32 | -2.62 | LIN ahead |
| 2025-04-11 | 59.29 | 96.40 | -2.70 | LIN ahead |
| 2025-04-10 | 56.91 | 94.23 | -2.85 | LIN ahead |
| 2025-04-09 | 62.27 | 97.31 | -2.57 | LIN ahead |
| 2025-04-08 | 53.83 | 90.18 | -3.02 | LIN ahead |
| 2025-04-07 | 57.39 | 92.92 | -2.88 | LIN ahead |
| 2025-04-04 | 58.81 | 95.56 | -2.96 | LIN ahead |
| 2025-04-03 | 65.61 | 101.94 | -2.75 | LIN ahead |
| 2025-04-02 | 72.76 | 102.49 | -2.19 | LIN ahead |
| 2025-04-01 | 72.18 | 101.91 | -2.24 | LIN ahead |
| 2025-03-31 | 72.83 | 101.60 | -2.19 | LIN ahead |
| 2025-03-28 | 71.66 | 100.17 | -2.24 | LIN ahead |
| 2025-03-27 | 73.49 | 101.40 | -2.19 | LIN ahead |
| 2025-03-26 | 74.20 | 100.68 | -2.11 | LIN ahead |
| 2025-03-25 | 73.66 | 99.81 | -2.13 | LIN ahead |
| 2025-03-24 | 75.68 | 100.17 | -2.00 | LIN ahead |
| 2025-03-21 | 75.43 | 100.00 | -2.04 | LIN ahead |
| 2025-03-20 | 76.35 | 99.88 | -1.98 | LIN ahead |
| 2025-03-19 | 77.56 | 100.31 | -1.93 | LIN ahead |
| 2025-03-18 | 78.44 | 100.52 | -1.89 | LIN ahead |
| 2025-03-17 | 78.23 | 100.43 | -1.93 | LIN ahead |
| 2025-03-14 | 77.10 | 99.38 | -1.97 | LIN ahead |
| 2025-03-13 | 75.56 | 98.90 | -2.10 | LIN ahead |
| 2025-03-12 | 74.56 | 98.44 | -2.19 | LIN ahead |
| 2025-03-11 | 76.48 | 99.07 | -2.09 | LIN ahead |
| 2025-03-10 | 78.00 | 100.82 | -2.10 | LIN ahead |
| 2025-03-07 | 78.10 | 102.28 | -2.22 | LIN ahead |
| 2025-03-06 | 78.08 | 101.71 | -2.21 | LIN ahead |
| 2025-03-05 | 78.79 | 102.17 | -2.21 | LIN ahead |
| 2025-03-04 | 74.29 | 100.66 | -2.56 | LIN ahead |
| 2025-03-03 | 75.20 | 100.86 | -2.53 | LIN ahead |
| 2025-02-28 | 79.48 | 101.90 | -2.24 | LIN ahead |
| 2025-02-27 | 80.15 | 100.43 | -2.10 | LIN ahead |
| 2025-02-26 | 81.02 | 100.70 | -2.07 | LIN ahead |
| 2025-02-25 | 81.81 | 102.00 | -2.12 | LIN ahead |
| 2025-02-24 | 81.44 | 100.05 | -2.04 | LIN ahead |
| 2025-02-21 | 82.40 | 99.93 | -1.97 | LIN ahead |
| 2025-02-20 | 82.57 | 100.78 | -2.04 | LIN ahead |
| 2025-02-19 | 81.17 | 100.82 | -2.20 | LIN ahead |
| 2025-02-18 | 82.84 | 101.64 | -2.13 | LIN ahead |
| 2025-02-14 | 80.65 | 99.71 | -2.22 | LIN ahead |
| 2025-02-13 | 79.96 | 100.60 | -2.39 | LIN ahead |
| 2025-02-12 | 79.79 | 100.05 | -2.40 | LIN ahead |
| 2025-02-11 | 80.56 | 100.53 | -2.40 | LIN ahead |
| 2025-02-10 | 80.44 | 100.55 | -2.45 | LIN ahead |
| 2025-02-07 | 80.46 | 99.29 | -2.38 | LIN ahead |
| 2025-02-06 | 80.86 | 100.51 | -2.47 | LIN ahead |
| 2025-02-05 | 79.14 | 98.99 | -2.56 | LIN ahead |
| 2025-02-04 | 80.40 | 99.23 | -2.49 | LIN ahead |
| 2025-02-03 | 77.96 | 99.10 | -2.79 | LIN ahead |
| 2025-01-31 | 81.44 | 97.34 | -2.30 | LIN ahead |
| 2025-01-30 | 80.40 | 97.39 | -2.45 | LIN ahead |
| 2025-01-29 | 85.61 | 95.64 | -1.78 | LIN ahead |
| 2025-01-28 | 86.38 | 95.02 | -1.67 | LIN ahead |
| 2025-01-27 | 87.42 | 95.89 | -1.66 | LIN ahead |
| 2025-01-24 | 86.28 | 95.84 | -1.78 | LIN ahead |
| 2025-01-23 | 86.49 | 96.18 | -1.81 | LIN ahead |
| 2025-01-22 | 85.13 | 96.57 | -2.01 | LIN ahead |
| 2025-01-21 | 86.72 | 96.54 | -1.86 | LIN ahead |
| 2025-01-17 | 85.59 | 95.13 | -1.87 | LIN ahead |
| 2025-01-16 | 85.23 | 94.36 | -1.86 | LIN ahead |
| 2025-01-15 | 84.25 | 93.38 | -1.89 | LIN ahead |
| 2025-01-14 | 83.59 | 93.23 | -1.97 | LIN ahead |
| 2025-01-13 | 82.73 | 91.95 | -1.96 | LIN ahead |
| 2025-01-10 | 80.29 | 90.36 | -2.09 | LIN ahead |
| 2025-01-08 | 81.17 | 91.64 | -2.15 | LIN ahead |
| 2025-01-07 | 82.19 | 90.54 | -1.95 | LIN ahead |
| 2025-01-06 | 82.90 | 90.09 | -1.84 | LIN ahead |
| 2025-01-03 | 82.17 | 90.22 | -1.96 | LIN ahead |
| 2025-01-02 | 82.48 | 90.37 | -1.96 | LIN ahead |
| 2024-12-31 | 83.69 | 91.35 | -1.95 | LIN ahead |
| 2024-12-30 | 82.25 | 91.13 | -2.11 | LIN ahead |
| 2024-12-27 | 83.48 | 92.29 | -2.12 | LIN ahead |
| 2024-12-26 | 83.88 | 92.58 | -2.13 | LIN ahead |
| 2024-12-24 | 83.61 | 92.90 | -2.22 | LIN ahead |
| 2024-12-23 | 83.36 | 92.15 | -2.20 | LIN ahead |
| 2024-12-20 | 83.30 | 92.58 | -2.28 | LIN ahead |
| 2024-12-19 | 81.54 | 91.55 | -2.41 | LIN ahead |
| 2024-12-18 | 83.73 | 92.13 | -2.25 | LIN ahead |
| 2024-12-17 | 84.61 | 93.86 | -2.36 | LIN ahead |
| 2024-12-16 | 83.65 | 93.45 | -2.47 | LIN ahead |
| 2024-12-13 | 85.21 | 94.98 | -2.49 | LIN ahead |
| 2024-12-12 | 86.09 | 95.68 | -2.50 | LIN ahead |
| 2024-12-11 | 86.55 | 96.12 | -2.53 | LIN ahead |
| 2024-12-10 | 87.97 | 97.05 | -2.51 | LIN ahead |
| 2024-12-09 | 89.11 | 96.57 | -2.35 | LIN ahead |
| 2024-12-06 | 87.57 | 98.06 | -2.75 | LIN ahead |
| 2024-12-05 | 87.99 | 97.87 | -2.73 | LIN ahead |
| 2024-12-04 | 89.36 | 100.25 | -2.88 | LIN ahead |
| 2024-12-03 | 91.49 | 99.96 | -2.64 | LIN ahead |
| 2024-12-02 | 92.55 | 100.30 | -2.59 | LIN ahead |
| 2024-11-29 | 92.20 | 100.58 | -2.72 | LIN ahead |
| 2024-11-27 | 93.10 | 99.74 | -2.55 | LIN ahead |
| 2024-11-26 | 92.89 | 99.62 | -2.61 | LIN ahead |
| 2024-11-25 | 95.66 | 99.43 | -2.27 | LIN ahead |
| 2024-11-22 | 94.81 | 99.23 | -2.39 | LIN ahead |
| 2024-11-21 | 93.45 | 99.29 | -2.62 | LIN ahead |
| 2024-11-20 | 91.62 | 98.22 | -2.78 | LIN ahead |
| 2024-11-19 | 91.03 | 96.89 | -2.74 | LIN ahead |
| 2024-11-18 | 92.22 | 97.87 | -2.76 | LIN ahead |
| 2024-11-15 | 91.85 | 97.99 | -2.88 | LIN ahead |
| 2024-11-14 | 92.99 | 98.95 | -2.91 | LIN ahead |
| 2024-11-13 | 93.83 | 99.55 | -2.93 | LIN ahead |
| 2024-11-12 | 93.93 | 99.40 | -2.96 | LIN ahead |
| 2024-11-11 | 96.50 | 99.59 | -2.66 | LIN ahead |
| 2024-11-08 | 96.96 | 100.25 | -2.74 | LIN ahead |
| 2024-11-07 | 101.98 | 101.56 | -2.24 | LIN ahead |
| 2024-11-06 | 100.83 | 100.94 | -2.35 | LIN ahead |
| 2024-11-05 | 99.90 | 99.25 | -2.28 | LIN ahead |
| 2024-11-04 | 100.00 | 100.00 | -2.41 | LIN ahead |
One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Jan 30, 2025 (DOW -6.1%, LIN +1.8%); Feb 3, 2025 (DOW -4.3%, LIN +1.8%); Apr 3, 2025 (DOW -9.8%, LIN -0.5%); Apr 9, 2025 (DOW +15.7%, LIN +7.9%); Jul 24, 2025 (DOW -17.4%, LIN +0.3%); Oct 23, 2025 (DOW +12.9%, LIN +0.0%).
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 Nov 3, 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.
DOW and LIN at a glance
DOW Dow Inc.
- Listing
- NYSE · SEC CIK 1751788
- Industry
- Major Chemicals · SIC 2821 Plastic Materials, Synth Resins & Nonvulcan Elastomers
- Market value
- $24.5B
- Price history
- 1,921 daily closes, Mar 20, 2019 to Nov 6, 2026
LIN Linde plc
- Listing
- Nasdaq · SEC CIK 1707925
- Industry
- Major Chemicals · SIC 2810 Industrial Inorganic Chemicals
- Market value
- $234.8B
- Price history
- 926 daily closes, Mar 2, 2023 to Nov 6, 2026
Daily prices: Nasdaq.com. Filings and industry codes: SEC EDGAR. Earnings dates: Nasdaq earnings calendar.
Other rivals of DOW and LIN
| Pair | Status | Ahead now | Industry |
|---|---|---|---|
| DOW / ALB | Watchlist | DOW by 1.97 sd | SIC 2821 Plastic Materials, Synth Resins & Nonvulcan Elastomers |
| DOW / DD | Watchlist | DD by 0.40 sd | SIC 2821 Plastic Materials, Synth Resins & Nonvulcan Elastomers |
| APD / DOW | Watchlist | APD by 0.35 sd | Major Chemicals |
| LIN / APD | Watchlist | neither | Major Chemicals |
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.
