Engineering & Construction

Comfort Systems USA Inc. vs Quanta Services Inc.

Measured twinFIX / PWRPrices through Oct 22, 2026

Why these are rivals: #1 and #2 by market value ($91B vs $52B) in Nasdaq's "Engineering & Construction" industry; SEC SIC 1731 / 1731 (same major group); #1 and #2 by market value ($91B vs $52B) with SEC SIC 1731 (Electrical Work).

The price gap between these two has a measured habit of closing. A 2 standard deviation gap becomes a paired paper idea.

  • no divergence: z = -0.78 (needs |z| >= 2.0)
Business leadership

PWR is the larger business

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

YearFIXPWRLarger
2025$1.8B$28.5BPWR
2024$7.0B$23.7BPWR
2023$5.2B$20.9BPWR
2022$4.1B$17.1BPWR
2021$3.1B$13.0BPWR
2020$2.9B$11.2BPWR

PWR led in every year with figures for both. Market value: FIX $51.5B, PWR $91.1B.

Stock leadership

PWR is ahead now

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

PWR leads FIX by 0.78 standard deviations: +6.7% over its usual price ratio. 1 lead switch in the last year.

Price change3 mo6 mo12 mo
FIX-26.2%-27.9%+54.3%
PWR-11.7%-12.8%+26.3%
Relationship

The gap has closed before

Only these tests can make a pair tradable on paper.

Pass
Aligned sessions: 2521 (needs >= 254)
Pass
Co-movement: daily return correlation, 252 sessions: 0.83 (needs >= 0.60)
Pass
Mean reversion: ADF t-statistic of the spread: -3.09 (needs <= -2.873 (5% critical value))
Pass
Speed: half-life of the spread, sessions: 14.03 (needs <= 63)
Data
Both stocks current
The twins over two years

Prices side by side, and the gap between them

FIX Comfort Systems USA Inc. PWR Quanta Services Inc.Price index, 100 = 2024-10-18. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
200400Oct 2024Oct 2025Oct 2026FIX 306PWR 176
Spread z-score: FIX relative to PWR, against the 252 sessions before each day. Above 0: FIX ahead; below 0: PWR ahead. Lines at +/-2 (idea) and +/-4 (stop).
-4stop-2idea0+2idea+4stopOct 2024Oct 2025Oct 2026
Data table (504 sessions)
DateFIX indexPWR indexzAhead
2026-10-22306.41175.79-0.78PWR ahead
2026-10-21335.60191.28-0.68PWR ahead
2026-10-20334.60189.65-0.59PWR ahead
2026-10-19350.64196.78-0.46near the usual relationship
2026-10-16344.65201.06-0.88PWR ahead
2026-10-15354.76204.35-0.72PWR ahead
2026-10-14369.23210.18-0.57PWR ahead
2026-10-13389.58219.20-0.43near the usual relationship
2026-10-12392.31221.08-0.44near the usual relationship
2026-10-09410.90224.63-0.10near the usual relationship
2026-10-08408.68218.07+0.16near the usual relationship
2026-10-07417.05223.08+0.14near the usual relationship
2026-10-06435.40228.96+0.32near the usual relationship
2026-10-05410.28217.46+0.25near the usual relationship
2026-10-02413.85215.28+0.44near the usual relationship
2026-10-01403.62210.84+0.41near the usual relationship
2026-09-30396.15204.45+0.53FIX ahead
2026-09-29398.78207.40+0.47near the usual relationship
2026-09-28397.16205.03+0.54FIX ahead
2026-09-25397.31206.55+0.48near the usual relationship
2026-09-24393.59204.76+0.48near the usual relationship
2026-09-23389.40202.02+0.51FIX ahead
2026-09-22389.22204.48+0.40near the usual relationship
2026-09-21391.00204.48+0.45near the usual relationship
2026-09-18395.50202.60+0.65FIX ahead
2026-09-17376.96196.18+0.51FIX ahead
2026-09-16380.17197.05+0.55FIX ahead
2026-09-15377.64195.17+0.59FIX ahead
2026-09-14379.08197.93+0.50FIX ahead
2026-09-11404.95207.01+0.70FIX ahead
2026-09-10381.00196.88+0.60FIX ahead
2026-09-09386.82199.50+0.63FIX ahead
2026-09-08394.81203.34+0.65FIX ahead
2026-09-04385.67198.69+0.65FIX ahead
2026-09-03378.45197.30+0.55FIX ahead
2026-09-02373.65194.35+0.58FIX ahead
2026-09-01372.27194.54+0.54FIX ahead
2026-08-31370.17193.17+0.56FIX ahead
2026-08-28363.73191.78+0.48near the usual relationship
2026-08-27386.78197.86+0.74FIX ahead
2026-08-26386.95196.24+0.82FIX ahead
2026-08-25374.09192.12+0.72FIX ahead
2026-08-24385.52196.26+0.80FIX ahead
2026-08-21396.52203.44+0.74FIX ahead
2026-08-20400.67210.80+0.54FIX ahead
2026-08-19406.20215.55+0.48near the usual relationship
2026-08-18416.51221.51+0.47near the usual relationship
2026-08-17450.54229.84+0.80FIX ahead
2026-08-14424.88218.21+0.75FIX ahead
2026-08-13413.77214.08+0.70FIX ahead
2026-08-12416.44215.74+0.70FIX ahead
2026-08-11404.28213.38+0.56FIX ahead
2026-08-10401.12210.28+0.62FIX ahead
2026-08-07405.84213.78+0.59FIX ahead
2026-08-06410.40212.51+0.72FIX ahead
2026-08-05416.01217.33+0.66FIX ahead
2026-08-04425.31220.51+0.72FIX ahead
2026-08-03424.14216.44+0.85FIX ahead
2026-07-31414.26212.35+0.82FIX ahead
2026-07-30406.63209.37+0.79FIX ahead
2026-07-29364.03178.55+1.14FIX ahead
2026-07-28389.50187.21+1.29FIX ahead
2026-07-27414.43197.37+1.35FIX ahead
2026-07-24415.19199.14+1.29FIX ahead
2026-07-23438.56208.04+1.35FIX ahead
2026-07-22428.96204.65+1.31FIX ahead
2026-07-21424.75203.39+1.28FIX ahead
2026-07-20410.06201.28+1.12FIX ahead
2026-07-17400.93200.00+1.02FIX ahead
2026-07-16402.50200.79+1.02FIX ahead
2026-07-15415.94206.46+1.05FIX ahead
2026-07-14425.13210.31+1.07FIX ahead
2026-07-13414.82205.78+1.06FIX ahead
2026-07-10420.58209.55+1.03FIX ahead
2026-07-09426.65212.61+1.04FIX ahead
2026-07-08403.54212.02+0.74FIX ahead
2026-07-07403.18208.99+0.82FIX ahead
2026-07-06429.43214.48+1.03FIX ahead
2026-07-02417.04212.65+0.92FIX ahead
2026-07-01446.70220.00+1.11FIX ahead
2026-06-30474.67229.12+1.22FIX ahead
2026-06-29466.71227.34+1.18FIX ahead
2026-06-26444.08218.88+1.12FIX ahead
2026-06-25483.20228.65+1.34FIX ahead
2026-06-24468.09223.34+1.30FIX ahead
2026-06-23456.98223.47+1.18FIX ahead
2026-06-22494.93235.51+1.32FIX ahead
2026-06-18471.19223.45+1.34FIX ahead
2026-06-17462.66227.46+1.17FIX ahead
2026-06-16458.38228.88+1.09FIX ahead
2026-06-15467.50230.49+1.16FIX ahead
2026-06-12449.68225.20+1.09FIX ahead
2026-06-11441.50217.42+1.18FIX ahead
2026-06-10411.81207.12+1.08FIX ahead
2026-06-09438.65220.18+1.10FIX ahead
2026-06-08443.56220.77+1.15FIX ahead
2026-06-05441.62221.18+1.12FIX ahead
2026-06-04458.55228.84+1.15FIX ahead
2026-06-03443.08227.72+1.01FIX ahead
2026-06-02451.04224.67+1.17FIX ahead
2026-06-01428.19218.75+1.06FIX ahead
2026-05-29437.85226.47+1.00FIX ahead
2026-05-28444.30232.32+0.96FIX ahead
2026-05-27447.16233.44+0.97FIX ahead
2026-05-26451.11236.16+0.97FIX ahead
2026-05-22437.86230.20+0.95FIX ahead
2026-05-21439.56228.12+1.02FIX ahead
2026-05-20439.60225.90+1.07FIX ahead
2026-05-19437.20227.23+1.03FIX ahead
2026-05-18444.13230.07+1.05FIX ahead
2026-05-15477.26245.01+1.10FIX ahead
2026-05-14489.14248.22+1.16FIX ahead
2026-05-13487.29246.20+1.18FIX ahead
2026-05-12482.90243.68+1.20FIX ahead
2026-05-11486.89248.63+1.15FIX ahead
2026-05-08467.59237.06+1.19FIX ahead
2026-05-07465.11238.88+1.14FIX ahead
2026-05-06481.75249.86+1.10FIX ahead
2026-05-05471.15245.52+1.09FIX ahead
2026-05-04453.12240.98+1.01FIX ahead
2026-05-01447.15236.17+1.05FIX ahead
2026-04-30440.74231.57+1.08FIX ahead
2026-04-29412.93200.02+1.44FIX ahead
2026-04-28411.75200.76+1.42FIX ahead
2026-04-27429.67202.78+1.57FIX ahead
2026-04-24413.40198.82+1.50FIX ahead
2026-04-23424.85201.56+1.57FIX ahead
2026-04-22413.01195.30+1.60FIX ahead
2026-04-21400.96192.79+1.54FIX ahead
2026-04-20402.38192.50+1.57FIX ahead
2026-04-17395.28191.52+1.53FIX ahead
2026-04-16384.63186.92+1.52FIX ahead
2026-04-15394.92188.32+1.62FIX ahead
2026-04-14395.29189.14+1.62FIX ahead
2026-04-13389.86189.59+1.56FIX ahead
2026-04-10381.48186.26+1.55FIX ahead
2026-04-09377.08185.21+1.54FIX ahead
2026-04-08365.27183.36+1.46FIX ahead
2026-04-07341.26176.78+1.33FIX ahead
2026-04-06343.46176.40+1.38FIX ahead
2026-04-02339.41178.39+1.29FIX ahead
2026-04-01342.13178.23+1.34FIX ahead
2026-03-31330.27174.70+1.28FIX ahead
2026-03-30304.92169.85+1.07FIX ahead
2026-03-27327.34175.00+1.25FIX ahead
2026-03-26325.40173.62+1.27FIX ahead
2026-03-25352.22182.49+1.41FIX ahead
2026-03-24350.03184.06+1.35FIX ahead
2026-03-23337.27180.56+1.29FIX ahead
2026-03-20324.94176.72+1.23FIX ahead
2026-03-19345.98183.90+1.34FIX ahead
2026-03-18340.81182.01+1.33FIX ahead
2026-03-17341.16181.89+1.35FIX ahead
2026-03-16338.67182.65+1.31FIX ahead
2026-03-13327.00177.88+1.28FIX ahead
2026-03-12329.01180.39+1.26FIX ahead
2026-03-11337.05180.64+1.37FIX ahead
2026-03-10331.37179.48+1.33FIX ahead
2026-03-09328.69180.75+1.28FIX ahead
2026-03-06306.33171.89+1.20FIX ahead
2026-03-05322.90174.76+1.37FIX ahead
2026-03-04342.57180.86+1.49FIX ahead
2026-03-03333.18180.10+1.40FIX ahead
2026-03-02344.46182.22+1.50FIX ahead
2026-02-27342.33179.17+1.56FIX ahead
2026-02-26344.45179.80+1.59FIX ahead
2026-02-25347.42179.07+1.66FIX ahead
2026-02-24351.72180.80+1.69FIX ahead
2026-02-23338.55174.73+1.69FIX ahead
2026-02-20350.20175.86+1.82FIX ahead
2026-02-19328.96176.28+1.56FIX ahead
2026-02-18316.01165.24+1.68FIX ahead
2026-02-17320.39167.10+1.71FIX ahead
2026-02-13320.44166.76+1.73FIX ahead
2026-02-12311.35164.15+1.69FIX ahead
2026-02-11320.60166.72+1.77FIX ahead
2026-02-10304.07162.48+1.67FIX ahead
2026-02-09307.43163.73+1.70FIX ahead
2026-02-06294.64161.68+1.59FIX ahead
2026-02-05274.94152.01+1.57FIX ahead
2026-02-04268.19147.83+1.60FIX ahead
2026-02-03289.79155.47+1.74FIX ahead
2026-02-02281.71152.03+1.73FIX ahead
2026-01-30273.53151.03+1.64FIX ahead
2026-01-29280.56153.83+1.69FIX ahead
2026-01-28279.99153.14+1.72FIX ahead
2026-01-27277.91152.50+1.72FIX ahead
2026-01-26270.05149.80+1.69FIX ahead
2026-01-23268.58149.16+1.70FIX ahead
2026-01-22271.04149.16+1.76FIX ahead
2026-01-21274.94150.58+1.80FIX ahead
2026-01-20271.77147.48+1.87FIX ahead
2026-01-16268.23148.52+1.79FIX ahead
2026-01-15261.30142.44+1.89FIX ahead
2026-01-14252.22139.07+1.85FIX ahead
2026-01-13257.01141.34+1.89FIX ahead
2026-01-12248.64137.67+1.87FIX ahead
2026-01-09241.99134.46+1.88FIX ahead
2026-01-08232.67131.47+1.81FIX ahead
2026-01-07247.91139.02+1.87FIX ahead
2026-01-06247.91139.44+1.88FIX ahead
2026-01-05247.24138.68+1.92FIX ahead
2026-01-02240.37139.91+1.75FIX ahead
2025-12-31223.52134.30+1.60FIX ahead
2025-12-30226.79136.45+1.61FIX ahead
2025-12-29227.68137.15+1.62FIX ahead
2025-12-26230.84137.67+1.69FIX ahead
2025-12-24229.46137.96+1.66FIX ahead
2025-12-23231.20138.48+1.70FIX ahead
2025-12-22227.71137.79+1.66FIX ahead
2025-12-19225.31135.76+1.70FIX ahead
2025-12-18219.99134.06+1.66FIX ahead
2025-12-17211.67131.81+1.56FIX ahead
2025-12-16231.95139.53+1.76FIX ahead
2025-12-15231.95138.69+1.81FIX ahead
2025-12-12231.82139.41+1.80FIX ahead
2025-12-11245.47148.57+1.79FIX ahead
2025-12-10244.61147.07+1.84FIX ahead
2025-12-09235.57145.72+1.70FIX ahead
2025-12-08236.98147.35+1.69FIX ahead
2025-12-05239.85146.57+1.81FIX ahead
2025-12-04240.61147.91+1.80FIX ahead
2025-12-03227.36145.10+1.60FIX ahead
2025-12-02224.12144.69+1.55FIX ahead
2025-12-01230.21143.90+1.75FIX ahead
2025-11-28233.98147.92+1.71FIX ahead
2025-11-26232.54146.51+1.74FIX ahead
2025-11-25229.21143.23+1.81FIX ahead
2025-11-24226.34140.85+1.86FIX ahead
2025-11-21214.13136.87+1.72FIX ahead
2025-11-20209.85136.76+1.62FIX ahead
2025-11-19222.85141.75+1.78FIX ahead
2025-11-18220.58139.78+1.82FIX ahead
2025-11-17220.30135.83+2.01FIX ahead
2025-11-14217.85136.60+1.93FIX ahead
2025-11-13214.95135.85+1.91FIX ahead
2025-11-12233.07143.00+2.11FIX ahead
2025-11-11228.61142.84+2.03FIX ahead
2025-11-10233.30143.31+2.16FIX ahead
2025-11-07228.78141.60+2.14FIX ahead
2025-11-06229.39140.93+2.22FIX ahead
2025-11-05236.57144.29+2.30FIX ahead
2025-11-04228.95139.58+2.33FIX ahead
2025-11-03234.15143.45+2.33FIX ahead
2025-10-31231.25142.91+2.31FIX ahead
2025-10-30230.71144.41+2.26FIX ahead
2025-10-29242.05142.77+2.69FIX ahead
2025-10-28234.94139.87+2.67FIX ahead
2025-10-27233.86140.59+2.66FIX ahead
2025-10-24235.11140.30+2.76FIX ahead
2025-10-23197.59135.98+1.80FIX ahead
2025-10-22189.38131.16+1.78FIX ahead
2025-10-21198.63139.19+1.71FIX ahead
2025-10-20200.40140.24+1.74FIX ahead
2025-10-17198.29138.05+1.80FIX ahead
2025-10-16200.89139.22+1.85FIX ahead
2025-10-15200.49139.03+1.87FIX ahead
2025-10-14199.24137.33+1.93FIX ahead
2025-10-13202.61137.14+2.09FIX ahead
2025-10-10195.45132.88+2.08FIX ahead
2025-10-09199.91136.80+2.06FIX ahead
2025-10-08202.28141.10+1.95FIX ahead
2025-10-07195.56134.12+2.10FIX ahead
2025-10-06197.69136.12+2.09FIX ahead
2025-10-03195.91134.02+2.17FIX ahead
2025-10-02199.50133.92+2.35FIX ahead
2025-10-01199.82133.85+2.40FIX ahead
2025-09-30197.63131.87+2.47FIX ahead
2025-09-29192.03130.18+2.38FIX ahead
2025-09-26192.64129.01+2.52FIX ahead
2025-09-25187.26127.41+2.43FIX ahead
2025-09-24189.55128.19+2.52FIX ahead
2025-09-23192.61123.95+2.99FIX ahead
2025-09-22196.78126.01+3.10FIX ahead
2025-09-19191.05123.65+3.08FIX ahead
2025-09-18191.45124.30+3.12FIX ahead
2025-09-17182.72119.65+3.11FIX ahead
2025-09-16186.13120.36+3.30FIX ahead
2025-09-15187.30122.72+3.26FIX ahead
2025-09-12180.51121.72+3.06FIX ahead
2025-09-11183.19123.98+3.09FIX ahead
2025-09-10180.13124.15+2.98FIX ahead
2025-09-09169.93118.84+2.89FIX ahead
2025-09-08171.45119.49+2.98FIX ahead
2025-09-05169.16118.53+2.99FIX ahead
2025-09-04173.38119.67+3.21FIX ahead
2025-09-03167.81119.14+2.99FIX ahead
2025-09-02167.32119.22+3.01FIX ahead
2025-08-29168.46120.27+3.06FIX ahead
2025-08-28174.84122.81+3.31FIX ahead
2025-08-27170.00121.41+3.20FIX ahead
2025-08-26169.42122.16+3.16FIX ahead
2025-08-25165.54120.38+3.14FIX ahead
2025-08-22165.13120.86+3.13FIX ahead
2025-08-21166.21120.35+3.33FIX ahead
2025-08-20163.12119.60+3.26FIX ahead
2025-08-19163.80120.68+3.28FIX ahead
2025-08-18166.63121.97+3.45FIX ahead
2025-08-15163.06121.17+3.33FIX ahead
2025-08-14165.22120.12+3.71FIX ahead
2025-08-13168.15120.90+3.97FIX ahead
2025-08-12172.11124.60+4.00FIX ahead
2025-08-11166.05122.23+3.89FIX ahead
2025-08-08165.68122.87+3.90FIX ahead
2025-08-07166.31123.25+4.05FIX ahead
2025-08-06165.36123.30+4.10FIX ahead
2025-08-05165.60123.82+4.21FIX ahead
2025-08-04167.45125.25+4.37FIX ahead
2025-08-01166.52125.74+4.37FIX ahead
2025-07-31168.44129.23+4.25FIX ahead
2025-07-30168.36130.81+4.16FIX ahead
2025-07-29164.70130.78+3.86FIX ahead
2025-07-28165.96131.09+4.07FIX ahead
2025-07-25164.95134.18+3.63FIX ahead
2025-07-24134.80129.58+0.50FIX ahead
2025-07-23131.22128.91+0.11near the usual relationship
2025-07-22127.45125.67+0.05near the usual relationship
2025-07-21130.51126.85+0.32near the usual relationship
2025-07-18132.73128.33+0.42near the usual relationship
2025-07-17131.84126.61+0.54FIX ahead
2025-07-16130.92123.82+0.82FIX ahead
2025-07-15129.09123.00+0.70FIX ahead
2025-07-14130.04123.14+0.81FIX ahead
2025-07-11129.21122.12+0.85FIX ahead
2025-07-10127.84120.94+0.84FIX ahead
2025-07-09128.14121.59+0.79FIX ahead
2025-07-08126.32120.14+0.76FIX ahead
2025-07-07129.68122.76+0.85FIX ahead
2025-07-03129.56122.99+0.81FIX ahead
2025-07-02126.91118.82+1.04FIX ahead
2025-07-01124.94118.46+0.84FIX ahead
2025-06-30128.42120.30+1.04FIX ahead
2025-06-27128.13121.32+0.87FIX ahead
2025-06-26123.60120.75+0.36near the usual relationship
2025-06-25121.57119.03+0.34near the usual relationship
2025-06-24122.94118.45+0.60FIX ahead
2025-06-23120.46116.38+0.56FIX ahead
2025-06-20119.75114.80+0.69FIX ahead
2025-06-18119.51114.69+0.68FIX ahead
2025-06-17118.64114.11+0.65FIX ahead
2025-06-16119.97115.12+0.69FIX ahead
2025-06-13118.01114.00+0.60FIX ahead
2025-06-12120.05114.12+0.84FIX ahead
2025-06-11118.96113.21+0.83FIX ahead
2025-06-10116.81110.97+0.86FIX ahead
2025-06-09120.07113.17+0.99FIX ahead
2025-06-06122.27114.98+1.02FIX ahead
2025-06-05119.54114.42+0.77FIX ahead
2025-06-04119.42114.27+0.78FIX ahead
2025-06-03118.98113.43+0.84FIX ahead
2025-06-02114.26109.95+0.72FIX ahead
2025-05-30114.54109.00+0.88FIX ahead
2025-05-29114.68108.10+1.03FIX ahead
2025-05-28114.22108.29+0.95FIX ahead
2025-05-27116.25108.93+1.13FIX ahead
2025-05-23112.92106.71+1.02FIX ahead
2025-05-22110.71105.27+0.93FIX ahead
2025-05-21111.43108.58+0.59FIX ahead
2025-05-20113.18109.77+0.66FIX ahead
2025-05-19112.62109.69+0.61FIX ahead
2025-05-16113.04109.71+0.66FIX ahead
2025-05-15110.98108.30+0.59FIX ahead
2025-05-14111.97109.19+0.60FIX ahead
2025-05-13111.42109.33+0.52FIX ahead
2025-05-12108.22105.89+0.56FIX ahead
2025-05-09104.15103.70+0.31near the usual relationship
2025-05-08105.18103.81+0.44near the usual relationship
2025-05-07103.50102.97+0.33near the usual relationship
2025-05-06102.74101.08+0.50FIX ahead
2025-05-05104.25102.66+0.49near the usual relationship
2025-05-02103.49102.19+0.46near the usual relationship
2025-05-01100.12102.44-0.04near the usual relationship
2025-04-3095.2193.13+0.60FIX ahead
2025-04-2995.2193.03+0.62FIX ahead
2025-04-2894.4692.47+0.60FIX ahead
2025-04-2595.1891.43+0.87FIX ahead
2025-04-2490.1089.77+0.37near the usual relationship
2025-04-2385.1987.28-0.02near the usual relationship
2025-04-2281.5183.32+0.02near the usual relationship
2025-04-2178.6080.75-0.05near the usual relationship
2025-04-1783.3385.03+0.05near the usual relationship
2025-04-1683.6285.74-0.02near the usual relationship
2025-04-1585.3186.88+0.08near the usual relationship
2025-04-1484.2187.28-0.16near the usual relationship
2025-04-1183.5385.78-0.02near the usual relationship
2025-04-1080.8183.59-0.12near the usual relationship
2025-04-0985.4585.79+0.29near the usual relationship
2025-04-0874.7777.97-0.23near the usual relationship
2025-04-0774.7578.02-0.23near the usual relationship
2025-04-0471.0176.20-0.61PWR ahead
2025-04-0374.5780.20-0.64PWR ahead
2025-04-0281.9884.19-0.01near the usual relationship
2025-04-0179.0382.06-0.16near the usual relationship
2025-03-3177.2080.88-0.28near the usual relationship
2025-03-2877.6280.91-0.21near the usual relationship
2025-03-2779.5881.10+0.10near the usual relationship
2025-03-2682.7782.94+0.34near the usual relationship
2025-03-2589.3587.90+0.59FIX ahead
2025-03-2490.8388.59+0.71FIX ahead
2025-03-2184.3485.35+0.21near the usual relationship
2025-03-2085.4586.26+0.25near the usual relationship
2025-03-1985.6386.04+0.31near the usual relationship
2025-03-1881.2683.80-0.04near the usual relationship
2025-03-1782.9585.09+0.04near the usual relationship
2025-03-1481.7082.99+0.17near the usual relationship
2025-03-1378.3879.64+0.17near the usual relationship
2025-03-1280.4579.26+0.59FIX ahead
2025-03-1177.7478.29+0.30near the usual relationship
2025-03-1075.0375.32+0.34near the usual relationship
2025-03-0777.6578.28+0.28near the usual relationship
2025-03-0678.5876.65+0.73FIX ahead
2025-03-0583.5180.55+0.89FIX ahead
2025-03-0481.2379.43+0.71FIX ahead
2025-03-0382.7779.84+0.90FIX ahead
2025-02-2887.0282.61+1.13FIX ahead
2025-02-2785.4182.50+0.90FIX ahead
2025-02-2689.7685.53+1.09FIX ahead
2025-02-2588.0484.13+1.06FIX ahead
2025-02-2485.8782.53+0.99FIX ahead
2025-02-2187.1885.71+0.69FIX ahead
2025-02-2091.5289.46+0.77FIX ahead
2025-02-1994.8192.94+0.74FIX ahead
2025-02-1894.5091.51+0.91FIX ahead
2025-02-1493.7090.83+0.90FIX ahead
2025-02-1394.6192.55+0.79FIX ahead
2025-02-1295.4094.93+0.57FIX ahead
2025-02-11104.0996.35+1.54FIX ahead
2025-02-10111.3598.85+2.11FIX ahead
2025-02-07110.1899.35+1.92FIX ahead
2025-02-06112.5098.98+2.27FIX ahead
2025-02-05106.6595.06+2.12FIX ahead
2025-02-04101.8095.45+1.45FIX ahead
2025-02-03102.2896.04+1.44FIX ahead
2025-01-31104.6097.88+1.50FIX ahead
2025-01-30103.9198.42+1.35FIX ahead
2025-01-29102.1294.76+1.63FIX ahead
2025-01-2899.6793.54+1.48FIX ahead
2025-01-2796.8193.05+1.17FIX ahead
2025-01-24130.33113.92+2.42FIX ahead
2025-01-23131.08112.88+2.63FIX ahead
2025-01-22131.79113.70+2.62FIX ahead
2025-01-21126.75113.91+2.10FIX ahead
2025-01-17120.65107.38+2.23FIX ahead
2025-01-16120.98106.97+2.33FIX ahead
2025-01-15118.29104.82+2.31FIX ahead
2025-01-14111.71101.79+1.96FIX ahead
2025-01-13105.1899.99+1.43FIX ahead
2025-01-10105.3999.75+1.48FIX ahead
2025-01-08107.8499.34+1.81FIX ahead
2025-01-07108.44101.76+1.59FIX ahead
2025-01-06109.22104.39+1.37FIX ahead
2025-01-03107.43103.90+1.23FIX ahead
2025-01-02102.62100.39+1.10FIX ahead
2024-12-31101.56100.57+0.96FIX ahead
2024-12-30102.81101.50+0.99FIX ahead
2024-12-27103.47102.82+0.92FIX ahead
2024-12-26105.10105.20+0.84FIX ahead
2024-12-24104.62105.26+0.79FIX ahead
2024-12-23104.18104.17+0.86FIX ahead
2024-12-20105.01104.50+0.92FIX ahead
2024-12-19104.23102.65+1.03FIX ahead
2024-12-18103.73102.02+1.05FIX ahead
2024-12-17108.84107.05+1.05FIX ahead
2024-12-16110.88108.98+1.06FIX ahead
2024-12-13110.73107.42+1.19FIX ahead
2024-12-12112.34106.95+1.39FIX ahead
2024-12-11113.11106.36+1.52FIX ahead
2024-12-10109.98101.79+1.68FIX ahead
2024-12-09110.82102.45+1.70FIX ahead
2024-12-06119.03105.79+2.11FIX ahead
2024-12-05119.06106.59+2.06FIX ahead
2024-12-04119.98106.17+2.19FIX ahead
2024-12-03118.73108.10+1.93FIX ahead
2024-12-02117.24108.93+1.74FIX ahead
2024-11-29118.14109.63+1.77FIX ahead
2024-11-27116.55109.44+1.67FIX ahead
2024-11-26120.74110.29+1.97FIX ahead
2024-11-25118.57109.12+1.91FIX ahead
2024-11-22117.61108.80+1.88FIX ahead
2024-11-21117.35108.19+1.94FIX ahead
2024-11-20114.06105.75+1.90FIX ahead
2024-11-19113.63105.25+1.93FIX ahead
2024-11-18108.01104.50+1.50FIX ahead
2024-11-15106.58102.88+1.54FIX ahead
2024-11-14105.24103.05+1.40FIX ahead
2024-11-13106.88104.01+1.48FIX ahead
2024-11-12110.89104.14+1.87FIX ahead
2024-11-11111.77104.91+1.90FIX ahead
2024-11-08110.66105.32+1.77FIX ahead
2024-11-07106.15102.10+1.68FIX ahead
2024-11-06104.7398.90+1.89FIX ahead
2024-11-0598.43100.11+1.11FIX ahead
2024-11-0493.5096.83+0.93FIX ahead
2024-11-0193.9696.57+1.01FIX ahead
2024-10-3193.6595.98+1.05FIX ahead
2024-10-3093.4499.16+0.69FIX ahead
2024-10-2994.8899.73+0.80FIX ahead
2024-10-2893.2499.71+0.62FIX ahead
2024-10-2588.7398.06+0.28near the usual relationship
2024-10-2499.0398.60+1.36FIX ahead
2024-10-2398.6897.57+1.44FIX ahead
2024-10-2299.3499.59+1.31FIX ahead
2024-10-21101.61101.07+1.39FIX ahead
2024-10-18100.00100.00+1.34FIX ahead

One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Oct 25, 2024 (FIX -10.4%, PWR -0.6%); Jan 27, 2025 (FIX -25.7%, PWR -18.3%); Jul 25, 2025 (FIX +22.4%, PWR +3.5%); Oct 24, 2025 (FIX +19.0%, PWR +3.2%). Upcoming earnings: FIX Oct 22, 2026 (after-hours); PWR 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)

2 simulated trades to Oct 20, 2026: +7.44% per trade on average after costs, 1 won.

LegsEnteredExitedWhyDaysBefore costsCosts + borrowAfter costs
Long PWR · Short FIXSep 14, 2023Oct 30, 2023divergence stop46-$1,167.68-$66.36-$1,238.35 (-12.38%)
Long FIX · Short PWRApr 16, 2020Aug 3, 2020converged109$2,831.28-$114.95$2,727.15 (+27.27%)

Per $10,000 a leg. A replay on today's companies cannot prove an edge.

The companies

FIX and PWR at a glance

FIX Comfort Systems USA Inc.

Listing
NYSE · SEC CIK 1035983
Industry
Engineering & Construction · SIC 1731 Electrical Work
Market value
$51.5B
Price history
2,521 daily closes, Oct 12, 2016 to Oct 22, 2026

PWR Quanta Services Inc.

Listing
NYSE · SEC CIK 1050915
Industry
Engineering & Construction · SIC 1731 Electrical Work
Market value
$91.1B
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
FIX / EMEMeasured twinneitherEngineering & Construction
PWR / EMEWatchlistPWR by 0.82 sdEngineering & Construction

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 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.