Biotechnology: Biological Products (No Diagnostic Substances)

Gilead Sciences Inc. vs Moderna Inc.

WatchlistGILD / MRNAPrices through Oct 22, 2026

Why these are rivals: #2 and #3 by market value ($190B vs $91B) in Nasdaq's "Biotechnology: Biological Products (No Diagnostic Substances)" industry; SEC SIC 2836 / 2836 (same major group); #2 and #3 by market value ($190B vs $91B) with SEC SIC 2836 (Biological Products, (No Diagnostic Substances)).

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: 0.26 (needs >= 0.60)
  • Mean reversion: ADF t-statistic of the spread: 0.37 (needs <= -2.873 (5% critical value))
  • Speed: half-life of the spread, sessions: 825.71 (needs <= 63)
Business leadership

GILD is the larger business

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

YearGILDMRNALarger
2025$29.4B$1.9BGILD
2024$28.8B$3.2BGILD
2023$27.1B$6.8BGILD
2022$27.3B$19.3BGILD
2021$27.3B$18.5BGILD
2020$24.7B$803MGILD

GILD led in every year with figures for both. Market value: GILD $189.8B, MRNA $90.6B.

Stock leadership

MRNA is ahead now

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

MRNA leads GILD by 2.04 standard deviations: +208.9% over its usual price ratio. 1 lead switch in the last year.

Price change3 mo6 mo12 mo
GILD+21.6%+17.6%+26.7%
MRNA+274.8%+283.4%+637.1%
Relationship

Not a measured twin today

Only these tests can make a pair tradable on paper.

Pass
Aligned sessions: 1979 (needs >= 254)
Fail
Co-movement: daily return correlation, 252 sessions: 0.26 (needs >= 0.60)
Fail
Mean reversion: ADF t-statistic of the spread: 0.37 (needs <= -2.873 (5% critical value))
Fail
Speed: half-life of the spread, sessions: 825.71 (needs <= 63)
Data
Both stocks current
The twins over two years

Prices side by side, and the gap between them

GILD Gilead Sciences Inc. MRNA Moderna 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 2026GILD 181MRNA 375
Spread z-score: GILD relative to MRNA, against the 252 sessions before each day. Above 0: GILD ahead; below 0: MRNA ahead. Lines at +/-2 (idea) and +/-4 (stop).
-4stop-2idea0+2idea+4stopOct 2024Oct 2025Oct 2026
Data table (504 sessions)
DateGILD indexMRNA indexzAhead
2026-10-22181.26374.55-2.04MRNA ahead
2026-10-21177.09454.36-2.47MRNA ahead
2026-10-20180.48447.47-2.44MRNA ahead
2026-10-19176.51419.39-2.40MRNA ahead
2026-10-16180.11402.98-2.32MRNA ahead
2026-10-15181.47437.15-2.50MRNA ahead
2026-10-14177.05418.30-2.50MRNA ahead
2026-10-13170.57399.72-2.52MRNA ahead
2026-10-12173.47395.08-2.51MRNA ahead
2026-10-09174.32415.90-2.64MRNA ahead
2026-10-08169.63364.14-2.47MRNA ahead
2026-10-07169.34363.18-2.51MRNA ahead
2026-10-06166.32346.51-2.49MRNA ahead
2026-10-05166.78375.62-2.70MRNA ahead
2026-10-02166.90351.22-2.61MRNA ahead
2026-10-01170.09349.24-2.60MRNA ahead
2026-09-30171.88355.95-2.66MRNA ahead
2026-09-29174.45376.08-2.80MRNA ahead
2026-09-28175.52364.66-2.77MRNA ahead
2026-09-25174.04367.62-2.86MRNA ahead
2026-09-24172.61360.11-2.89MRNA ahead
2026-09-23174.55336.62-2.76MRNA ahead
2026-09-22176.05337.45-2.80MRNA ahead
2026-09-21173.62319.67-2.75MRNA ahead
2026-09-18173.10284.73-2.53MRNA ahead
2026-09-17174.00292.18-2.62MRNA ahead
2026-09-16170.30269.17-2.51MRNA ahead
2026-09-15168.70265.75-2.54MRNA ahead
2026-09-14168.83271.15-2.63MRNA ahead
2026-09-11165.73266.12-2.68MRNA ahead
2026-09-10166.99252.53-2.57MRNA ahead
2026-09-09167.95250.67-2.58MRNA ahead
2026-09-08169.10259.39-2.69MRNA ahead
2026-09-04174.12269.04-2.76MRNA ahead
2026-09-03174.38275.18-2.87MRNA ahead
2026-09-02172.52278.76-2.99MRNA ahead
2026-09-01172.88285.16-3.12MRNA ahead
2026-08-31168.75259.41-2.98MRNA ahead
2026-08-28167.99255.06-3.01MRNA ahead
2026-08-27171.66263.90-3.11MRNA ahead
2026-08-26170.77276.64-3.35MRNA ahead
2026-08-25171.55293.59-3.61MRNA ahead
2026-08-24169.21256.73-3.33MRNA ahead
2026-08-21168.50268.26-3.57MRNA ahead
2026-08-20165.41246.43-3.46MRNA ahead
2026-08-19170.20322.33-4.39MRNA ahead
2026-08-18165.41116.38-1.14MRNA ahead
2026-08-17160.19119.15-1.34MRNA ahead
2026-08-14159.55117.04-1.30MRNA ahead
2026-08-13159.29117.65-1.34MRNA ahead
2026-08-12156.68117.69-1.40MRNA ahead
2026-08-11156.56111.96-1.25MRNA ahead
2026-08-10153.44110.55-1.29MRNA ahead
2026-08-07153.61109.37-1.26MRNA ahead
2026-08-06150.9099.56-1.01MRNA ahead
2026-08-05151.94103.98-1.14MRNA ahead
2026-08-04155.96105.34-1.11MRNA ahead
2026-08-03151.23101.92-1.11MRNA ahead
2026-07-31150.15101.33-1.12MRNA ahead
2026-07-30151.38107.06-1.29MRNA ahead
2026-07-29153.06100.72-1.05MRNA ahead
2026-07-28154.89103.15-1.10MRNA ahead
2026-07-27150.51102.83-1.19MRNA ahead
2026-07-24149.1199.94-1.14MRNA ahead
2026-07-23150.90105.40-1.29MRNA ahead
2026-07-22150.30107.34-1.37MRNA ahead
2026-07-21150.23110.28-1.48MRNA ahead
2026-07-20153.61109.96-1.40MRNA ahead
2026-07-17154.84114.27-1.52MRNA ahead
2026-07-16157.17116.73-1.56MRNA ahead
2026-07-15151.87126.21-1.97MRNA ahead
2026-07-14149.95124.66-2.00MRNA ahead
2026-07-13151.52123.86-1.96MRNA ahead
2026-07-10149.71126.19-2.09MRNA ahead
2026-07-09155.49141.52-2.41MRNA ahead
2026-07-08156.62136.41-2.28MRNA ahead
2026-07-07157.24147.45-2.60MRNA ahead
2026-07-06149.46151.20-2.94MRNA ahead
2026-07-02151.37147.43-2.85MRNA ahead
2026-07-01145.26134.01-2.69MRNA ahead
2026-06-30145.69129.45-2.59MRNA ahead
2026-06-29145.68128.84-2.62MRNA ahead
2026-06-26147.46124.34-2.47MRNA ahead
2026-06-25142.80110.44-2.15MRNA ahead
2026-06-24144.33111.68-2.18MRNA ahead
2026-06-23144.20112.75-2.25MRNA ahead
2026-06-22143.99109.70-2.18MRNA ahead
2026-06-18142.71118.23-2.57MRNA ahead
2026-06-17144.66114.23-2.40MRNA ahead
2026-06-16146.71102.40-1.90MRNA ahead
2026-06-15143.3396.36-1.76MRNA ahead
2026-06-12144.8292.26-1.54MRNA ahead
2026-06-11145.1591.76-1.52MRNA ahead
2026-06-10140.0885.01-1.35MRNA ahead
2026-06-09144.7288.23-1.38MRNA ahead
2026-06-08147.7287.99-1.29MRNA ahead
2026-06-05148.9487.69-1.25MRNA ahead
2026-06-04148.9695.36-1.64MRNA ahead
2026-06-03148.7490.68-1.43MRNA ahead
2026-06-02147.1184.36-1.17MRNA ahead
2026-06-01151.1885.14-1.10MRNA ahead
2026-05-29155.0287.23-1.10MRNA ahead
2026-05-28157.0887.93-1.09MRNA ahead
2026-05-27154.1688.00-1.19MRNA ahead
2026-05-26154.2186.93-1.14MRNA ahead
2026-05-22154.9486.65-1.11MRNA ahead
2026-05-21150.4887.36-1.29MRNA ahead
2026-05-20150.7088.95-1.38MRNA ahead
2026-05-19150.4884.51-1.16MRNA ahead
2026-05-18149.5388.93-1.43MRNA ahead
2026-05-15149.4290.65-1.54MRNA ahead
2026-05-14152.2892.48-1.56MRNA ahead
2026-05-13153.4293.20-1.57MRNA ahead
2026-05-12155.6098.47-1.78MRNA ahead
2026-05-11153.9797.74-1.82MRNA ahead
2026-05-08151.44100.46-2.05MRNA ahead
2026-05-07154.5989.72-1.43MRNA ahead
2026-05-06157.1790.18-1.39MRNA ahead
2026-05-05153.9286.34-1.29MRNA ahead
2026-05-04153.0187.43-1.39MRNA ahead
2026-05-01151.8183.86-1.23MRNA ahead
2026-04-30150.8884.92-1.33MRNA ahead
2026-04-29148.5784.51-1.40MRNA ahead
2026-04-28149.0587.13-1.54MRNA ahead
2026-04-27147.3190.02-1.77MRNA ahead
2026-04-24150.3793.77-1.90MRNA ahead
2026-04-23154.1197.69-2.00MRNA ahead
2026-04-22153.25102.77-2.31MRNA ahead
2026-04-21153.70100.24-2.20MRNA ahead
2026-04-20156.68100.91-2.17MRNA ahead
2026-04-17158.7299.30-2.05MRNA ahead
2026-04-16159.77101.07-2.13MRNA ahead
2026-04-15161.17100.30-2.07MRNA ahead
2026-04-14161.9697.67-1.93MRNA ahead
2026-04-13160.3293.68-1.79MRNA ahead
2026-04-10160.2794.20-1.84MRNA ahead
2026-04-09163.8594.79-1.77MRNA ahead
2026-04-08163.2196.30-1.90MRNA ahead
2026-04-07160.0692.62-1.81MRNA ahead
2026-04-06161.5990.15-1.63MRNA ahead
2026-04-02161.1090.94-1.71MRNA ahead
2026-04-01161.7992.48-1.80MRNA ahead
2026-03-31160.7193.90-1.94MRNA ahead
2026-03-30157.2289.15-1.79MRNA ahead
2026-03-27154.8191.61-2.05MRNA ahead
2026-03-26157.8499.02-2.40MRNA ahead
2026-03-25159.4398.96-2.37MRNA ahead
2026-03-24159.2694.90-2.15MRNA ahead
2026-03-23158.3794.79-2.20MRNA ahead
2026-03-20158.2294.97-2.24MRNA ahead
2026-03-19162.7296.80-2.20MRNA ahead
2026-03-18162.9396.86-2.22MRNA ahead
2026-03-17166.5199.69-2.28MRNA ahead
2026-03-16167.4598.54-2.20MRNA ahead
2026-03-13167.1997.15-2.14MRNA ahead
2026-03-12167.4598.69-2.25MRNA ahead
2026-03-11168.36103.46-2.54MRNA ahead
2026-03-10171.31101.63-2.35MRNA ahead
2026-03-09169.08103.03-2.55MRNA ahead
2026-03-06165.9797.08-2.31MRNA ahead
2026-03-05167.3799.50-2.45MRNA ahead
2026-03-04170.92106.84-2.83MRNA ahead
2026-03-03170.4792.11-1.89MRNA ahead
2026-03-02173.0197.68-2.21MRNA ahead
2026-02-27171.7699.02-2.37MRNA ahead
2026-02-26165.7995.58-2.40MRNA ahead
2026-02-25169.6594.95-2.21MRNA ahead
2026-02-24170.2593.38-2.08MRNA ahead
2026-02-23172.7792.96-1.96MRNA ahead
2026-02-20174.5892.18-1.83MRNA ahead
2026-02-19174.2691.87-1.82MRNA ahead
2026-02-18176.1386.14-1.30MRNA ahead
2026-02-17179.0581.20-0.79MRNA ahead
2026-02-13178.7178.06-0.53MRNA ahead
2026-02-12175.0674.14-0.31near the usual relationship
2026-02-11179.6674.88-0.20near the usual relationship
2026-02-10169.7877.62-0.81MRNA ahead
2026-02-09174.9177.54-0.59MRNA ahead
2026-02-06175.8575.80-0.40near the usual relationship
2026-02-05172.2475.55-0.50MRNA ahead
2026-02-04168.6279.06-0.92MRNA ahead
2026-02-03165.2278.00-0.94MRNA ahead
2026-02-02164.7778.65-0.98MRNA ahead
2026-01-30163.6981.46-1.21MRNA ahead
2026-01-29160.9286.62-1.64MRNA ahead
2026-01-28161.1283.73-1.40MRNA ahead
2026-01-27162.5684.01-1.34MRNA ahead
2026-01-26158.8888.71-1.75MRNA ahead
2026-01-23156.7590.04-1.90MRNA ahead
2026-01-22151.2295.88-2.46MRNA ahead
2026-01-21148.8892.07-2.32MRNA ahead
2026-01-20143.1579.48-1.71MRNA ahead
2026-01-16144.0477.32-1.51MRNA ahead
2026-01-15139.8372.75-1.32MRNA ahead
2026-01-14143.0775.01-1.35MRNA ahead
2026-01-13140.4173.20-1.28MRNA ahead
2026-01-12141.3762.55-0.37near the usual relationship
2026-01-09139.6463.40-0.48near the usual relationship
2026-01-08139.1562.59-0.42near the usual relationship
2026-01-07143.3966.34-0.54MRNA ahead
2026-01-06139.9465.91-0.61MRNA ahead
2026-01-05136.4259.46-0.22near the usual relationship
2026-01-02140.2257.04+0.13near the usual relationship
2025-12-31141.5454.51+0.40near the usual relationship
2025-12-30142.0456.21+0.27near the usual relationship
2025-12-29144.0457.58+0.23near the usual relationship
2025-12-26143.8057.67+0.23near the usual relationship
2025-12-24144.9160.54+0.05near the usual relationship
2025-12-23144.3659.69+0.10near the usual relationship
2025-12-22143.1764.51-0.28near the usual relationship
2025-12-19143.3262.48-0.12near the usual relationship
2025-12-18140.0757.21+0.18near the usual relationship
2025-12-17139.9456.40+0.25near the usual relationship
2025-12-16136.9755.25+0.25near the usual relationship
2025-12-15138.1255.30+0.29near the usual relationship
2025-12-12138.8454.45+0.38near the usual relationship
2025-12-11142.0854.77+0.46near the usual relationship
2025-12-10139.9253.66+0.49near the usual relationship
2025-12-09137.6452.20+0.54GILD ahead
2025-12-08139.7551.70+0.65GILD ahead
2025-12-05139.7851.20+0.69GILD ahead
2025-12-04141.4047.12+1.08GILD ahead
2025-12-03144.1446.54+1.21GILD ahead
2025-12-02142.8944.47+1.36GILD ahead
2025-12-01143.3744.66+1.36GILD ahead
2025-11-28145.1148.02+1.13GILD ahead
2025-11-26147.0446.23+1.34GILD ahead
2025-11-25146.5945.75+1.38GILD ahead
2025-11-24144.4544.64+1.43GILD ahead
2025-11-21146.0343.84+1.55GILD ahead
2025-11-20144.1341.33+1.74GILD ahead
2025-11-19147.6844.70+1.54GILD ahead
2025-11-18146.6646.06+1.41GILD ahead
2025-11-17143.0945.77+1.35GILD ahead
2025-11-14144.1745.79+1.38GILD ahead
2025-11-13144.3746.14+1.37GILD ahead
2025-11-12142.3049.37+1.06GILD ahead
2025-11-11141.3348.82+1.08GILD ahead
2025-11-10136.2445.77+1.19GILD ahead
2025-11-07137.0445.36+1.25GILD ahead
2025-11-06142.3044.97+1.42GILD ahead
2025-11-05141.3543.55+1.52GILD ahead
2025-11-04141.8443.90+1.50GILD ahead
2025-11-03140.7446.04+1.31GILD ahead
2025-10-31138.1350.20+0.94GILD ahead
2025-10-30136.5852.01+0.78GILD ahead
2025-10-29136.6545.66+1.23GILD ahead
2025-10-28135.9346.86+1.13GILD ahead
2025-10-27138.9249.28+1.04GILD ahead
2025-10-24139.4649.43+1.04GILD ahead
2025-10-23139.2348.52+1.10GILD ahead
2025-10-22140.0649.63+1.05GILD ahead
2025-10-21143.0850.81+1.05GILD ahead
2025-10-20141.9650.35+1.06GILD ahead
2025-10-17141.6248.08+1.20GILD ahead
2025-10-16135.9050.17+0.94GILD ahead
2025-10-15136.4251.24+0.89GILD ahead
2025-10-14136.6248.52+1.07GILD ahead
2025-10-13136.3149.43+1.01GILD ahead
2025-10-10135.1249.59+0.97GILD ahead
2025-10-09134.6250.89+0.89GILD ahead
2025-10-08136.3651.61+0.89GILD ahead
2025-10-07134.6650.54+0.92GILD ahead
2025-10-06130.9750.91+0.82GILD ahead
2025-10-03129.9552.66+0.70GILD ahead
2025-10-02127.4952.44+0.66GILD ahead
2025-10-01128.1751.02+0.76GILD ahead
2025-09-30128.0047.74+0.95GILD ahead
2025-09-29129.8746.82+1.05GILD ahead
2025-09-26129.2745.27+1.13GILD ahead
2025-09-25127.9945.49+1.10GILD ahead
2025-09-24131.0847.84+1.03GILD ahead
2025-09-23131.9247.67+1.06GILD ahead
2025-09-22129.7249.09+0.94GILD ahead
2025-09-19131.5646.65+1.11GILD ahead
2025-09-18131.0247.04+1.09GILD ahead
2025-09-17129.4546.21+1.11GILD ahead
2025-09-16127.8445.91+1.10GILD ahead
2025-09-15129.7744.14+1.24GILD ahead
2025-09-12132.0943.46+1.32GILD ahead
2025-09-11135.9146.93+1.20GILD ahead
2025-09-10132.9044.94+1.26GILD ahead
2025-09-09133.4945.23+1.26GILD ahead
2025-09-08133.6345.90+1.23GILD ahead
2025-09-05132.6746.47+1.19GILD ahead
2025-09-04130.0444.88+1.23GILD ahead
2025-09-03130.2944.45+1.26GILD ahead
2025-09-02129.9744.71+1.24GILD ahead
2025-08-29130.2744.53+1.26GILD ahead
2025-08-28129.8045.23+1.22GILD ahead
2025-08-27131.3746.40+1.20GILD ahead
2025-08-26132.3245.71+1.25GILD ahead
2025-08-25131.6346.86+1.19GILD ahead
2025-08-22132.3550.13+1.05GILD ahead
2025-08-21133.9348.47+1.15GILD ahead
2025-08-20136.9149.70+1.15GILD ahead
2025-08-19136.0551.59+1.06GILD ahead
2025-08-18136.0651.92+1.05GILD ahead
2025-08-15136.5051.79+1.07GILD ahead
2025-08-14137.2549.33+1.19GILD ahead
2025-08-13138.5449.70+1.20GILD ahead
2025-08-12138.4047.43+1.30GILD ahead
2025-08-11138.9247.08+1.33GILD ahead
2025-08-08137.7048.28+1.26GILD ahead
2025-08-07127.1749.19+1.07GILD ahead
2025-08-06127.1749.37+1.07GILD ahead
2025-08-05129.6850.78+1.05GILD ahead
2025-08-04132.0551.09+1.08GILD ahead
2025-08-01130.5151.03+1.06GILD ahead
2025-07-31129.4954.64+0.91GILD ahead
2025-07-30132.3359.43+0.80GILD ahead
2025-07-29131.7260.37+0.76GILD ahead
2025-07-28130.3462.68+0.68GILD ahead
2025-07-25133.9963.12+0.72GILD ahead
2025-07-24130.5462.87+0.68GILD ahead
2025-07-23130.9564.09+0.66GILD ahead
2025-07-22127.0460.50+0.71GILD ahead
2025-07-21124.8657.25+0.79GILD ahead
2025-07-18124.7957.78+0.77GILD ahead
2025-07-17125.4659.52+0.73GILD ahead
2025-07-16126.6759.26+0.76GILD ahead
2025-07-15125.7658.37+0.78GILD ahead
2025-07-14129.2660.76+0.77GILD ahead
2025-07-11126.4362.18+0.69GILD ahead
2025-07-10132.0863.36+0.74GILD ahead
2025-07-09130.5860.61+0.80GILD ahead
2025-07-08128.0760.15+0.79GILD ahead
2025-07-07128.9055.27+0.94GILD ahead
2025-07-03128.8656.36+0.92GILD ahead
2025-07-02128.5955.97+0.93GILD ahead
2025-07-01128.8453.03+1.03GILD ahead
2025-06-30127.8551.00+1.08GILD ahead
2025-06-27127.6250.20+1.11GILD ahead
2025-06-26124.1050.91+1.05GILD ahead
2025-06-25122.1549.65+1.07GILD ahead
2025-06-24123.6249.54+1.10GILD ahead
2025-06-23122.4547.45+1.15GILD ahead
2025-06-20125.1247.87+1.18GILD ahead
2025-06-18124.5446.95+1.21GILD ahead
2025-06-17124.5447.23+1.20GILD ahead
2025-06-16127.8048.06+1.22GILD ahead
2025-06-13126.8249.30+1.18GILD ahead
2025-06-12129.2150.55+1.17GILD ahead
2025-06-11126.0451.29+1.12GILD ahead
2025-06-10126.9551.16+1.14GILD ahead
2025-06-09130.3052.01+1.16GILD ahead
2025-06-06129.6850.76+1.19GILD ahead
2025-06-05127.3848.28+1.25GILD ahead
2025-06-04125.7150.41+1.17GILD ahead
2025-06-03126.0751.40+1.16GILD ahead
2025-06-02125.5950.00+1.20GILD ahead
2025-05-30126.9449.09+1.24GILD ahead
2025-05-29128.1349.78+1.24GILD ahead
2025-05-28125.0548.15+1.26GILD ahead
2025-05-27125.8049.46+1.24GILD ahead
2025-05-23123.8148.54+1.25GILD ahead
2025-05-22123.0949.39+1.23GILD ahead
2025-05-21124.2247.69+1.30GILD ahead
2025-05-20125.8251.74+1.21GILD ahead
2025-05-19122.4248.78+1.27GILD ahead
2025-05-16118.2045.95+1.31GILD ahead
2025-05-15115.7143.72+1.36GILD ahead
2025-05-14113.4544.40+1.32GILD ahead
2025-05-13116.9647.12+1.29GILD ahead
2025-05-12119.7247.50+1.32GILD ahead
2025-05-09111.7544.82+1.32GILD ahead
2025-05-08113.1945.06+1.34GILD ahead
2025-05-07114.0544.47+1.38GILD ahead
2025-05-06112.8745.16+1.35GILD ahead
2025-05-05118.5551.46+1.25GILD ahead
2025-05-02119.5651.04+1.28GILD ahead
2025-05-01119.0649.96+1.32GILD ahead
2025-04-30122.8652.75+1.30GILD ahead
2025-04-29120.1751.42+1.31GILD ahead
2025-04-28122.6250.76+1.37GILD ahead
2025-04-25118.9750.31+1.35GILD ahead
2025-04-24122.4150.63+1.39GILD ahead
2025-04-23122.6749.06+1.45GILD ahead
2025-04-22121.6747.58+1.50GILD ahead
2025-04-21120.3146.45+1.53GILD ahead
2025-04-17120.5545.68+1.57GILD ahead
2025-04-16120.9446.56+1.56GILD ahead
2025-04-15121.8648.50+1.53GILD ahead
2025-04-14122.8149.54+1.52GILD ahead
2025-04-11119.5048.43+1.53GILD ahead
2025-04-10116.9345.29+1.61GILD ahead
2025-04-09121.3749.30+1.56GILD ahead
2025-04-08118.9945.55+1.66GILD ahead
2025-04-07121.6847.39+1.65GILD ahead
2025-04-04123.6746.41+1.72GILD ahead
2025-04-03129.6047.56+1.77GILD ahead
2025-04-02129.0251.24+1.67GILD ahead
2025-04-01128.3250.20+1.71GILD ahead
2025-03-31129.2152.40+1.68GILD ahead
2025-03-28128.9157.52+1.56GILD ahead
2025-03-27128.1859.37+1.52GILD ahead
2025-03-26126.0058.19+1.53GILD ahead
2025-03-25124.4162.57+1.42GILD ahead
2025-03-24123.0963.16+1.41GILD ahead
2025-03-21123.4860.37+1.49GILD ahead
2025-03-20122.0859.98+1.50GILD ahead
2025-03-19123.9761.59+1.49GILD ahead
2025-03-18127.1162.50+1.52GILD ahead
2025-03-17129.4564.16+1.53GILD ahead
2025-03-14128.5163.99+1.53GILD ahead
2025-03-13130.7163.40+1.59GILD ahead
2025-03-12131.4564.71+1.58GILD ahead
2025-03-11131.9562.40+1.66GILD ahead
2025-03-10135.1666.47+1.61GILD ahead
2025-03-07135.3965.82+1.65GILD ahead
2025-03-06133.8163.40+1.71GILD ahead
2025-03-05133.1265.08+1.67GILD ahead
2025-03-04132.3156.14+1.92GILD ahead
2025-03-03133.7555.95+1.96GILD ahead
2025-02-28131.8257.23+1.93GILD ahead
2025-02-27129.1457.47+1.91GILD ahead
2025-02-26127.3862.07+1.78GILD ahead
2025-02-25128.6161.52+1.83GILD ahead
2025-02-24128.0362.66+1.82GILD ahead
2025-02-21126.7965.67+1.74GILD ahead
2025-02-20126.8862.35+1.85GILD ahead
2025-02-19124.1466.36+1.73GILD ahead
2025-02-18121.3766.08+1.72GILD ahead
2025-02-14120.0260.98+1.85GILD ahead
2025-02-13122.1959.00+1.96GILD ahead
2025-02-12119.1356.44+2.02GILD ahead
2025-02-11110.8657.17+1.90GILD ahead
2025-02-10110.1058.91+1.86GILD ahead
2025-02-07110.7560.26+1.85GILD ahead
2025-02-06113.0562.13+1.85GILD ahead
2025-02-05114.9164.66+1.83GILD ahead
2025-02-04113.0063.16+1.86GILD ahead
2025-02-03113.4567.56+1.77GILD ahead
2025-01-31112.0872.87+1.63GILD ahead
2025-01-30111.8075.86+1.57GILD ahead
2025-01-29110.2375.27+1.57GILD ahead
2025-01-28108.2283.07+1.38GILD ahead
2025-01-27109.9576.99+1.56GILD ahead
2025-01-24107.3276.54+1.54GILD ahead
2025-01-23107.1578.35+1.51GILD ahead
2025-01-22107.2971.16+1.70GILD ahead
2025-01-21107.2066.34+1.85GILD ahead
2025-01-17105.9062.96+1.94GILD ahead
2025-01-16105.6862.40+1.98GILD ahead
2025-01-15106.5364.27+1.96GILD ahead
2025-01-14104.9463.70+1.98GILD ahead
2025-01-13103.7164.97+1.94GILD ahead
2025-01-10103.6478.10+1.60GILD ahead
2025-01-08102.7979.80+1.56GILD ahead
2025-01-07104.5187.86+1.42GILD ahead
2025-01-06105.2078.69+1.66GILD ahead
2025-01-03105.4177.97+1.70GILD ahead
2025-01-02105.9577.63+1.74GILD ahead
2024-12-31106.5276.86+1.78GILD ahead
2024-12-30106.1072.79+1.91GILD ahead
2024-12-27108.5274.18+1.94GILD ahead
2024-12-26108.8774.73+1.95GILD ahead
2024-12-24108.3474.44+1.97GILD ahead
2024-12-23107.7073.18+2.02GILD ahead
2024-12-20106.7572.81+2.04GILD ahead
2024-12-19105.0473.12+2.02GILD ahead
2024-12-18104.5870.91+2.10GILD ahead
2024-12-17107.0175.34+2.04GILD ahead
2024-12-16106.1577.34+1.99GILD ahead
2024-12-13105.9277.32+2.01GILD ahead
2024-12-12106.5379.15+1.99GILD ahead
2024-12-11106.5379.22+2.01GILD ahead
2024-12-10106.4876.73+2.11GILD ahead
2024-12-09104.4684.38+1.87GILD ahead
2024-12-06106.2482.14+1.99GILD ahead
2024-12-05107.6979.37+2.12GILD ahead
2024-12-04105.6276.95+2.18GILD ahead
2024-12-03106.6578.71+2.18GILD ahead
2024-12-02108.4281.81+2.15GILD ahead
2024-11-29106.7679.59+2.21GILD ahead
2024-11-27106.5680.20+2.21GILD ahead
2024-11-26105.3477.73+2.29GILD ahead
2024-11-25104.3580.70+2.21GILD ahead
2024-11-22104.0075.99+2.38GILD ahead
2024-11-21103.5170.70+2.58GILD ahead
2024-11-20102.2068.28+2.68GILD ahead
2024-11-19101.1968.93+2.68GILD ahead
2024-11-18102.0173.03+2.59GILD ahead
2024-11-15101.9468.11+2.82GILD ahead
2024-11-14106.2273.51+2.78GILD ahead
2024-11-13106.8277.89+2.68GILD ahead
2024-11-12108.8080.35+2.69GILD ahead
2024-11-11111.8979.02+2.86GILD ahead
2024-11-08111.3586.56+2.64GILD ahead
2024-11-07112.8992.94+2.51GILD ahead
2024-11-06105.7395.77+2.26GILD ahead
2024-11-05104.0498.50+2.16GILD ahead
2024-11-04103.6098.96+2.15GILD ahead
2024-11-01103.22100.98+2.11GILD ahead
2024-10-31102.42100.48+2.12GILD ahead
2024-10-30101.81101.15+2.10GILD ahead
2024-10-29101.57102.07+2.09GILD ahead
2024-10-28102.35101.29+2.16GILD ahead
2024-10-25102.6398.13+2.29GILD ahead
2024-10-24102.3897.60+2.32GILD ahead
2024-10-23100.5998.69+2.26GILD ahead
2024-10-22101.6698.71+2.32GILD ahead
2024-10-2199.5099.45+2.26GILD ahead
2024-10-18100.00100.00+2.29GILD ahead

One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Jan 13, 2025 (GILD +0.1%, MRNA -16.8%); Aug 19, 2026 (GILD +2.9%, MRNA +177.0%). Upcoming earnings: GILD Oct 29, 2026 (after-hours).

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

GILD and MRNA at a glance

GILD Gilead Sciences Inc.

Listing
Nasdaq · SEC CIK 882095
Industry
Biotechnology: Biological Products (No Diagnostic Substances) · SIC 2836 Biological Products, (No Diagnostic Substances)
Market value
$189.8B
Price history
2,521 daily closes, Oct 12, 2016 to Oct 22, 2026

MRNA Moderna Inc.

Listing
Nasdaq · SEC CIK 1682852
Industry
Biotechnology: Biological Products (No Diagnostic Substances) · SIC 2836 Biological Products, (No Diagnostic Substances)
Market value
$90.6B
Price history
1,979 daily closes, Dec 7, 2018 to Oct 22, 2026

Daily prices: Nasdaq.com. Filings and industry codes: SEC EDGAR. Earnings dates: Nasdaq earnings calendar.

Related
All pairs →
PairStatusAhead nowIndustry
AMGN / MRNAWatchlistMRNA by 2.01 sdBiotechnology: Biological Products (No Diagnostic Substances)
AMGN / GILDWatchlistAMGN by 1.07 sdBiotechnology: Biological Products (No Diagnostic Substances)

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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.