The Goldman Sachs Group Inc. vs Morgan Stanley
WatchlistGS / MSPrices through Oct 22, 2026
Why these are rivals: #1 and #2 by market value ($280B vs $255B) in Nasdaq's "Investment Bankers/Brokers/Service" industry; SEC SIC 6211 / 6211 (same major group); #1 and #2 by market value ($280B vs $255B) with SEC SIC 6211 (Security Brokers, Dealers & Flotation Companies).
Rivals, but right now the price gap does not have a measured habit of closing, so there is no paper idea, whatever the gap.
- Mean reversion: ADF t-statistic of the spread: -2.41 (needs <= -2.873 (5% critical value))
Business leadership
MS is the larger business
Annual revenue reported to the SEC. Scale, not market share.
| Year | GS | MS | Larger |
|---|---|---|---|
| 2025 | $58.3B | $70.6B | MS |
| 2024 | $53.5B | $61.8B | MS |
| 2023 | $46.3B | $54.1B | MS |
| 2022 | $47.4B | $53.7B | MS |
| 2021 | $59.3B | $59.8B | MS |
| 2020 | $44.6B | $48.8B | MS |
MS led in every year with figures for both. Market value: GS $255.0B, MS $280.3B.
Stock leadership
MS is ahead now
Measured against the pair's own last 252 trading days.
MS leads GS by 0.55 standard deviations: +1.8% over its usual price ratio. 1 lead switch in the last year.
| Price change | 3 mo | 6 mo | 12 mo |
|---|---|---|---|
| GS | -16.0% | -4.3% | +17.4% |
| MS | -14.2% | -2.5% | +15.5% |
Relationship
Not a measured twin today
Only these tests can make a pair tradable on paper.
- Pass
- Aligned sessions: 2521 (needs >= 254)
- Pass
- Co-movement: daily return correlation, 252 sessions: 0.86 (needs >= 0.60)
- Fail
- Mean reversion: ADF t-statistic of the spread: -2.41 (needs <= -2.873 (5% critical value))
- Pass
- Speed: half-life of the spread, sessions: 13.13 (needs <= 63)
- Data
- Both stocks current
The twins over two years
Prices side by side, and the gap between them
GS The Goldman Sachs Group Inc. MS Morgan StanleyPrice index, 100 = 2024-10-18. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
Spread z-score: GS relative to MS, against the 252 sessions before each day. Above 0: GS ahead; below 0: MS ahead. Lines at +/-2 (idea) and +/-4 (stop).
Data table (504 sessions)
| Date | GS index | MS index | z | Ahead |
|---|---|---|---|---|
| 2026-10-22 | 168.65 | 151.97 | -0.55 | MS ahead |
| 2026-10-21 | 171.19 | 154.48 | -0.59 | MS ahead |
| 2026-10-20 | 167.42 | 149.02 | -0.16 | near the usual relationship |
| 2026-10-19 | 165.71 | 147.42 | -0.14 | near the usual relationship |
| 2026-10-16 | 166.75 | 149.16 | -0.31 | near the usual relationship |
| 2026-10-15 | 168.64 | 150.42 | -0.22 | near the usual relationship |
| 2026-10-14 | 166.27 | 149.93 | -0.56 | MS ahead |
| 2026-10-13 | 168.76 | 154.17 | -0.96 | MS ahead |
| 2026-10-12 | 169.15 | 156.96 | -1.45 | MS ahead |
| 2026-10-09 | 169.41 | 156.96 | -1.42 | MS ahead |
| 2026-10-08 | 167.00 | 154.83 | -1.45 | MS ahead |
| 2026-10-07 | 167.87 | 156.71 | -1.68 | MS ahead |
| 2026-10-06 | 169.76 | 157.79 | -1.56 | MS ahead |
| 2026-10-05 | 169.06 | 157.10 | -1.57 | MS ahead |
| 2026-10-02 | 170.78 | 157.20 | -1.28 | MS ahead |
| 2026-10-01 | 169.66 | 155.30 | -1.11 | MS ahead |
| 2026-09-30 | 170.36 | 155.36 | -1.00 | MS ahead |
| 2026-09-29 | 173.37 | 159.23 | -1.24 | MS ahead |
| 2026-09-28 | 173.37 | 159.95 | -1.39 | MS ahead |
| 2026-09-25 | 177.00 | 162.16 | -1.18 | MS ahead |
| 2026-09-24 | 174.70 | 162.17 | -1.61 | MS ahead |
| 2026-09-23 | 177.17 | 163.88 | -1.51 | MS ahead |
| 2026-09-22 | 179.66 | 165.36 | -1.37 | MS ahead |
| 2026-09-21 | 181.53 | 170.26 | -2.00 | MS ahead |
| 2026-09-18 | 178.24 | 167.34 | -2.05 | MS ahead |
| 2026-09-17 | 180.03 | 168.11 | -1.90 | MS ahead |
| 2026-09-16 | 177.48 | 167.21 | -2.22 | MS ahead |
| 2026-09-15 | 184.80 | 170.39 | -1.52 | MS ahead |
| 2026-09-14 | 187.03 | 170.64 | -1.18 | MS ahead |
| 2026-09-11 | 194.74 | 177.09 | -1.08 | MS ahead |
| 2026-09-10 | 192.96 | 175.66 | -1.12 | MS ahead |
| 2026-09-09 | 194.66 | 177.89 | -1.26 | MS ahead |
| 2026-09-08 | 196.13 | 178.62 | -1.15 | MS ahead |
| 2026-09-04 | 196.52 | 179.84 | -1.33 | MS ahead |
| 2026-09-03 | 196.39 | 179.37 | -1.27 | MS ahead |
| 2026-09-02 | 190.05 | 174.97 | -1.55 | MS ahead |
| 2026-09-01 | 189.70 | 174.33 | -1.50 | MS ahead |
| 2026-08-31 | 194.12 | 176.21 | -1.09 | MS ahead |
| 2026-08-28 | 195.65 | 177.41 | -1.06 | MS ahead |
| 2026-08-27 | 196.95 | 177.48 | -0.85 | MS ahead |
| 2026-08-26 | 196.87 | 176.84 | -0.74 | MS ahead |
| 2026-08-25 | 200.36 | 179.06 | -0.57 | MS ahead |
| 2026-08-24 | 196.08 | 176.84 | -0.89 | MS ahead |
| 2026-08-21 | 196.65 | 176.94 | -0.82 | MS ahead |
| 2026-08-20 | 189.58 | 171.36 | -0.98 | MS ahead |
| 2026-08-19 | 193.31 | 176.96 | -1.43 | MS ahead |
| 2026-08-18 | 196.87 | 179.70 | -1.34 | MS ahead |
| 2026-08-17 | 198.92 | 180.25 | -1.10 | MS ahead |
| 2026-08-14 | 196.67 | 179.55 | -1.37 | MS ahead |
| 2026-08-13 | 197.28 | 180.39 | -1.44 | MS ahead |
| 2026-08-12 | 196.26 | 179.78 | -1.52 | MS ahead |
| 2026-08-11 | 195.73 | 177.66 | -1.20 | MS ahead |
| 2026-08-10 | 195.74 | 177.87 | -1.25 | MS ahead |
| 2026-08-07 | 196.71 | 178.70 | -1.25 | MS ahead |
| 2026-08-06 | 195.38 | 176.57 | -1.07 | MS ahead |
| 2026-08-05 | 200.64 | 180.30 | -0.88 | MS ahead |
| 2026-08-04 | 199.24 | 179.28 | -0.94 | MS ahead |
| 2026-08-03 | 194.33 | 174.48 | -0.87 | MS ahead |
| 2026-07-31 | 192.69 | 173.81 | -1.04 | MS ahead |
| 2026-07-30 | 193.92 | 173.52 | -0.76 | MS ahead |
| 2026-07-29 | 185.57 | 167.79 | -1.14 | MS ahead |
| 2026-07-28 | 195.52 | 174.77 | -0.74 | MS ahead |
| 2026-07-27 | 198.34 | 177.23 | -0.73 | MS ahead |
| 2026-07-24 | 200.80 | 177.17 | -0.28 | near the usual relationship |
| 2026-07-23 | 203.35 | 177.75 | +0.05 | near the usual relationship |
| 2026-07-22 | 207.80 | 180.49 | +0.28 | near the usual relationship |
| 2026-07-21 | 205.40 | 178.75 | +0.21 | near the usual relationship |
| 2026-07-20 | 199.63 | 174.24 | +0.10 | near the usual relationship |
| 2026-07-17 | 201.56 | 178.01 | -0.32 | near the usual relationship |
| 2026-07-16 | 207.28 | 180.38 | +0.21 | near the usual relationship |
| 2026-07-15 | 217.99 | 188.79 | +0.38 | near the usual relationship |
| 2026-07-14 | 215.70 | 188.06 | +0.15 | near the usual relationship |
| 2026-07-13 | 197.90 | 182.63 | -1.89 | MS ahead |
| 2026-07-10 | 199.66 | 183.61 | -1.79 | MS ahead |
| 2026-07-09 | 199.81 | 183.49 | -1.75 | MS ahead |
| 2026-07-08 | 194.82 | 180.13 | -2.02 | MS ahead |
| 2026-07-07 | 197.35 | 183.41 | -2.24 | MS ahead |
| 2026-07-06 | 199.68 | 183.46 | -1.84 | MS ahead |
| 2026-07-02 | 193.19 | 176.71 | -1.69 | MS ahead |
| 2026-07-01 | 192.93 | 175.00 | -1.39 | MS ahead |
| 2026-06-30 | 191.37 | 172.67 | -1.19 | MS ahead |
| 2026-06-29 | 193.04 | 174.89 | -1.35 | MS ahead |
| 2026-06-26 | 192.93 | 175.14 | -1.43 | MS ahead |
| 2026-06-25 | 201.53 | 182.59 | -1.36 | MS ahead |
| 2026-06-24 | 203.77 | 181.61 | -0.74 | MS ahead |
| 2026-06-23 | 207.08 | 186.71 | -1.17 | MS ahead |
| 2026-06-22 | 209.34 | 187.58 | -0.94 | MS ahead |
| 2026-06-18 | 207.49 | 184.35 | -0.61 | MS ahead |
| 2026-06-17 | 207.97 | 185.83 | -0.82 | MS ahead |
| 2026-06-16 | 206.37 | 182.41 | -0.40 | near the usual relationship |
| 2026-06-15 | 203.63 | 180.06 | -0.41 | near the usual relationship |
| 2026-06-12 | 201.09 | 176.80 | -0.19 | near the usual relationship |
| 2026-06-11 | 195.96 | 175.66 | -0.88 | MS ahead |
| 2026-06-10 | 189.46 | 170.71 | -1.05 | MS ahead |
| 2026-06-09 | 195.27 | 173.67 | -0.57 | MS ahead |
| 2026-06-08 | 197.73 | 175.32 | -0.45 | near the usual relationship |
| 2026-06-05 | 196.53 | 175.06 | -0.60 | MS ahead |
| 2026-06-04 | 206.74 | 180.30 | +0.14 | near the usual relationship |
| 2026-06-03 | 196.98 | 173.58 | -0.21 | near the usual relationship |
| 2026-06-02 | 201.43 | 177.58 | -0.21 | near the usual relationship |
| 2026-06-01 | 198.41 | 174.30 | -0.08 | near the usual relationship |
| 2026-05-29 | 194.05 | 171.82 | -0.34 | near the usual relationship |
| 2026-05-28 | 190.80 | 168.34 | -0.22 | near the usual relationship |
| 2026-05-27 | 188.55 | 166.54 | -0.25 | near the usual relationship |
| 2026-05-26 | 188.18 | 166.66 | -0.33 | near the usual relationship |
| 2026-05-22 | 188.60 | 166.06 | -0.13 | near the usual relationship |
| 2026-05-21 | 186.98 | 165.63 | -0.32 | near the usual relationship |
| 2026-05-20 | 185.83 | 163.37 | -0.06 | near the usual relationship |
| 2026-05-19 | 175.73 | 156.60 | -0.49 | near the usual relationship |
| 2026-05-18 | 179.07 | 159.17 | -0.40 | near the usual relationship |
| 2026-05-15 | 179.46 | 159.02 | -0.29 | near the usual relationship |
| 2026-05-14 | 183.34 | 160.69 | +0.06 | near the usual relationship |
| 2026-05-13 | 180.78 | 160.11 | -0.26 | near the usual relationship |
| 2026-05-12 | 178.98 | 158.50 | -0.25 | near the usual relationship |
| 2026-05-11 | 178.78 | 157.86 | -0.15 | near the usual relationship |
| 2026-05-08 | 177.20 | 159.50 | -0.72 | MS ahead |
| 2026-05-07 | 175.19 | 157.09 | -0.60 | MS ahead |
| 2026-05-06 | 177.36 | 159.71 | -0.72 | MS ahead |
| 2026-05-05 | 173.87 | 156.33 | -0.66 | MS ahead |
| 2026-05-04 | 170.91 | 155.30 | -0.97 | MS ahead |
| 2026-05-01 | 174.78 | 157.09 | -0.64 | MS ahead |
| 2026-04-30 | 174.79 | 157.43 | -0.70 | MS ahead |
| 2026-04-29 | 171.35 | 154.53 | -0.73 | MS ahead |
| 2026-04-28 | 175.32 | 157.24 | -0.57 | MS ahead |
| 2026-04-27 | 177.45 | 157.10 | -0.18 | near the usual relationship |
| 2026-04-24 | 175.39 | 155.35 | -0.19 | near the usual relationship |
| 2026-04-23 | 176.22 | 155.83 | -0.14 | near the usual relationship |
| 2026-04-22 | 176.89 | 157.81 | -0.39 | near the usual relationship |
| 2026-04-21 | 175.32 | 156.38 | -0.37 | near the usual relationship |
| 2026-04-20 | 178.19 | 157.53 | -0.11 | near the usual relationship |
| 2026-04-17 | 175.20 | 155.97 | -0.30 | near the usual relationship |
| 2026-04-16 | 170.29 | 154.73 | -0.86 | MS ahead |
| 2026-04-15 | 170.20 | 158.29 | -1.50 | MS ahead |
| 2026-04-14 | 172.12 | 151.45 | +0.05 | near the usual relationship |
| 2026-04-13 | 168.55 | 149.63 | -0.19 | near the usual relationship |
| 2026-04-10 | 171.77 | 146.74 | +0.87 | GS ahead |
| 2026-04-09 | 171.00 | 147.17 | +0.67 | GS ahead |
| 2026-04-08 | 171.38 | 145.40 | +1.07 | GS ahead |
| 2026-04-07 | 163.51 | 139.13 | +1.00 | GS ahead |
| 2026-04-06 | 163.87 | 137.58 | +1.37 | GS ahead |
| 2026-04-02 | 163.30 | 136.97 | +1.41 | GS ahead |
| 2026-04-01 | 162.76 | 137.26 | +1.27 | GS ahead |
| 2026-03-31 | 160.07 | 135.94 | +1.09 | GS ahead |
| 2026-03-30 | 152.81 | 130.82 | +0.88 | GS ahead |
| 2026-03-27 | 151.92 | 130.84 | +0.73 | GS ahead |
| 2026-03-26 | 155.66 | 134.83 | +0.58 | GS ahead |
| 2026-03-25 | 159.29 | 136.83 | +0.81 | GS ahead |
| 2026-03-24 | 158.13 | 137.01 | +0.58 | GS ahead |
| 2026-03-23 | 157.29 | 135.73 | +0.70 | GS ahead |
| 2026-03-20 | 153.93 | 133.38 | +0.59 | GS ahead |
| 2026-03-19 | 153.17 | 130.97 | +0.95 | GS ahead |
| 2026-03-18 | 152.41 | 131.28 | +0.76 | GS ahead |
| 2026-03-17 | 152.70 | 130.37 | +1.01 | GS ahead |
| 2026-03-16 | 150.38 | 128.61 | +0.97 | GS ahead |
| 2026-03-13 | 148.01 | 127.93 | +0.70 | GS ahead |
| 2026-03-12 | 149.01 | 127.52 | +0.97 | GS ahead |
| 2026-03-11 | 155.87 | 132.90 | +1.07 | GS ahead |
| 2026-03-10 | 157.77 | 132.79 | +1.42 | GS ahead |
| 2026-03-09 | 157.43 | 132.54 | +1.43 | GS ahead |
| 2026-03-06 | 155.42 | 132.39 | +1.13 | GS ahead |
| 2026-03-05 | 158.08 | 134.27 | +1.21 | GS ahead |
| 2026-03-04 | 164.10 | 138.43 | +1.41 | GS ahead |
| 2026-03-03 | 163.21 | 137.08 | +1.53 | GS ahead |
| 2026-03-02 | 163.05 | 137.95 | +1.35 | GS ahead |
| 2026-02-27 | 162.64 | 137.54 | +1.38 | GS ahead |
| 2026-02-26 | 175.78 | 146.61 | +1.76 | GS ahead |
| 2026-02-25 | 174.34 | 143.51 | +2.14 | GS ahead |
| 2026-02-24 | 170.72 | 139.43 | +2.39 | GS ahead |
| 2026-02-23 | 168.84 | 137.78 | +2.45 | GS ahead |
| 2026-02-20 | 174.50 | 144.90 | +2.00 | GS ahead |
| 2026-02-19 | 173.44 | 144.04 | +2.02 | GS ahead |
| 2026-02-18 | 176.68 | 145.87 | +2.21 | GS ahead |
| 2026-02-17 | 173.33 | 141.70 | +2.53 | GS ahead |
| 2026-02-13 | 171.27 | 141.38 | +2.29 | GS ahead |
| 2026-02-12 | 171.15 | 138.82 | +2.84 | GS ahead |
| 2026-02-11 | 178.73 | 145.94 | +2.69 | GS ahead |
| 2026-02-10 | 179.56 | 146.94 | +2.68 | GS ahead |
| 2026-02-09 | 178.55 | 150.63 | +1.79 | GS ahead |
| 2026-02-06 | 175.73 | 148.65 | +1.72 | GS ahead |
| 2026-02-05 | 168.48 | 145.25 | +1.16 | GS ahead |
| 2026-02-04 | 172.81 | 148.75 | +1.22 | GS ahead |
| 2026-02-03 | 177.67 | 151.09 | +1.59 | GS ahead |
| 2026-02-02 | 179.06 | 152.90 | +1.48 | GS ahead |
| 2026-01-30 | 176.99 | 151.00 | +1.52 | GS ahead |
| 2026-01-29 | 177.88 | 150.67 | +1.75 | GS ahead |
| 2026-01-28 | 177.26 | 150.62 | +1.67 | GS ahead |
| 2026-01-27 | 175.92 | 150.88 | +1.40 | GS ahead |
| 2026-01-26 | 176.32 | 150.24 | +1.61 | GS ahead |
| 2026-01-23 | 173.87 | 147.86 | +1.69 | GS ahead |
| 2026-01-22 | 180.63 | 151.21 | +2.18 | GS ahead |
| 2026-01-21 | 180.32 | 151.43 | +2.11 | GS ahead |
| 2026-01-20 | 178.50 | 150.42 | +2.02 | GS ahead |
| 2026-01-16 | 182.02 | 156.20 | +1.48 | GS ahead |
| 2026-01-15 | 184.65 | 157.96 | +1.59 | GS ahead |
| 2026-01-14 | 176.47 | 149.33 | +1.93 | GS ahead |
| 2026-01-13 | 177.51 | 150.97 | +1.79 | GS ahead |
| 2026-01-12 | 179.67 | 154.11 | +1.55 | GS ahead |
| 2026-01-09 | 177.67 | 153.91 | +1.26 | GS ahead |
| 2026-01-08 | 176.88 | 152.55 | +1.40 | GS ahead |
| 2026-01-07 | 178.05 | 152.64 | +1.59 | GS ahead |
| 2026-01-06 | 180.79 | 155.09 | +1.59 | GS ahead |
| 2026-01-05 | 179.46 | 154.09 | +1.57 | GS ahead |
| 2026-01-02 | 173.01 | 150.26 | +1.24 | GS ahead |
| 2025-12-31 | 166.32 | 146.65 | +0.79 | GS ahead |
| 2025-12-30 | 167.35 | 147.93 | +0.73 | GS ahead |
| 2025-12-29 | 168.81 | 148.64 | +0.85 | GS ahead |
| 2025-12-26 | 171.63 | 150.23 | +1.03 | GS ahead |
| 2025-12-24 | 172.33 | 150.05 | +1.19 | GS ahead |
| 2025-12-23 | 170.62 | 148.27 | +1.26 | GS ahead |
| 2025-12-22 | 170.10 | 148.49 | +1.14 | GS ahead |
| 2025-12-19 | 169.06 | 146.19 | +1.42 | GS ahead |
| 2025-12-18 | 165.81 | 142.87 | +1.53 | GS ahead |
| 2025-12-17 | 165.06 | 144.39 | +1.10 | GS ahead |
| 2025-12-16 | 166.35 | 145.80 | +1.05 | GS ahead |
| 2025-12-15 | 168.32 | 146.86 | +1.20 | GS ahead |
| 2025-12-12 | 168.02 | 147.37 | +1.05 | GS ahead |
| 2025-12-11 | 172.38 | 148.93 | +1.51 | GS ahead |
| 2025-12-10 | 168.26 | 148.45 | +0.90 | GS ahead |
| 2025-12-09 | 165.86 | 147.72 | +0.63 | GS ahead |
| 2025-12-08 | 163.99 | 146.07 | +0.64 | GS ahead |
| 2025-12-05 | 161.70 | 145.80 | +0.29 | near the usual relationship |
| 2025-12-04 | 158.53 | 144.47 | -0.01 | near the usual relationship |
| 2025-12-03 | 158.29 | 143.50 | +0.14 | near the usual relationship |
| 2025-12-02 | 154.25 | 139.67 | +0.18 | near the usual relationship |
| 2025-12-01 | 153.43 | 139.16 | +0.13 | near the usual relationship |
| 2025-11-28 | 156.30 | 140.15 | +0.47 | near the usual relationship |
| 2025-11-26 | 154.40 | 138.72 | +0.42 | near the usual relationship |
| 2025-11-25 | 151.81 | 136.65 | +0.37 | near the usual relationship |
| 2025-11-24 | 149.61 | 134.50 | +0.41 | near the usual relationship |
| 2025-11-21 | 146.46 | 130.65 | +0.63 | GS ahead |
| 2025-11-20 | 146.40 | 131.09 | +0.54 | GS ahead |
| 2025-11-19 | 148.72 | 134.06 | +0.36 | near the usual relationship |
| 2025-11-18 | 146.89 | 132.03 | +0.45 | near the usual relationship |
| 2025-11-17 | 146.75 | 131.71 | +0.49 | near the usual relationship |
| 2025-11-14 | 149.65 | 135.35 | +0.29 | near the usual relationship |
| 2025-11-13 | 152.41 | 136.80 | +0.50 | GS ahead |
| 2025-11-12 | 158.75 | 140.36 | +0.90 | GS ahead |
| 2025-11-11 | 153.32 | 137.54 | +0.53 | GS ahead |
| 2025-11-10 | 150.84 | 136.34 | +0.34 | near the usual relationship |
| 2025-11-07 | 148.79 | 134.12 | +0.41 | near the usual relationship |
| 2025-11-06 | 149.02 | 134.99 | +0.29 | near the usual relationship |
| 2025-11-05 | 150.06 | 136.44 | +0.20 | near the usual relationship |
| 2025-11-04 | 149.64 | 135.48 | +0.32 | near the usual relationship |
| 2025-11-03 | 148.63 | 135.18 | +0.21 | near the usual relationship |
| 2025-10-31 | 149.36 | 135.47 | +0.29 | near the usual relationship |
| 2025-10-30 | 149.51 | 136.51 | +0.13 | near the usual relationship |
| 2025-10-29 | 148.17 | 135.49 | +0.10 | near the usual relationship |
| 2025-10-28 | 149.88 | 136.47 | +0.21 | near the usual relationship |
| 2025-10-27 | 149.48 | 137.14 | +0.03 | near the usual relationship |
| 2025-10-24 | 148.32 | 135.35 | +0.17 | near the usual relationship |
| 2025-10-23 | 142.06 | 131.60 | -0.19 | near the usual relationship |
| 2025-10-22 | 140.89 | 130.61 | -0.20 | near the usual relationship |
| 2025-10-21 | 143.61 | 131.53 | +0.10 | near the usual relationship |
| 2025-10-20 | 144.43 | 133.79 | -0.16 | near the usual relationship |
| 2025-10-17 | 142.06 | 131.07 | -0.07 | near the usual relationship |
| 2025-10-16 | 143.44 | 132.18 | -0.04 | near the usual relationship |
| 2025-10-15 | 145.30 | 134.35 | -0.12 | near the usual relationship |
| 2025-10-14 | 145.84 | 128.32 | +1.06 | GS ahead |
| 2025-10-13 | 148.87 | 128.14 | +1.59 | GS ahead |
| 2025-10-10 | 144.63 | 125.44 | +1.43 | GS ahead |
| 2025-10-09 | 147.58 | 129.08 | +1.24 | GS ahead |
| 2025-10-08 | 146.93 | 128.57 | +1.24 | GS ahead |
| 2025-10-07 | 149.41 | 128.84 | +1.60 | GS ahead |
| 2025-10-06 | 150.76 | 130.59 | +1.51 | GS ahead |
| 2025-10-03 | 149.48 | 130.18 | +1.39 | GS ahead |
| 2025-10-02 | 147.47 | 128.28 | +1.43 | GS ahead |
| 2025-10-01 | 148.63 | 129.60 | +1.38 | GS ahead |
| 2025-09-30 | 150.68 | 131.31 | +1.40 | GS ahead |
| 2025-09-29 | 152.15 | 133.12 | +1.31 | GS ahead |
| 2025-09-26 | 151.85 | 132.26 | +1.43 | GS ahead |
| 2025-09-25 | 150.38 | 131.30 | +1.38 | GS ahead |
| 2025-09-24 | 149.94 | 130.41 | +1.48 | GS ahead |
| 2025-09-23 | 152.57 | 132.79 | +1.47 | GS ahead |
| 2025-09-22 | 152.42 | 132.75 | +1.46 | GS ahead |
| 2025-09-19 | 152.32 | 132.09 | +1.57 | GS ahead |
| 2025-09-18 | 152.19 | 131.54 | +1.67 | GS ahead |
| 2025-09-17 | 150.28 | 130.03 | +1.65 | GS ahead |
| 2025-09-16 | 148.63 | 128.70 | +1.64 | GS ahead |
| 2025-09-15 | 148.87 | 129.39 | +1.56 | GS ahead |
| 2025-09-12 | 147.60 | 129.18 | +1.39 | GS ahead |
| 2025-09-11 | 148.48 | 129.26 | +1.53 | GS ahead |
| 2025-09-10 | 145.62 | 127.31 | +1.42 | GS ahead |
| 2025-09-09 | 144.54 | 125.74 | +1.55 | GS ahead |
| 2025-09-08 | 140.37 | 122.91 | +1.39 | GS ahead |
| 2025-09-05 | 139.68 | 122.33 | +1.39 | GS ahead |
| 2025-09-04 | 141.70 | 124.34 | +1.34 | GS ahead |
| 2025-09-03 | 138.23 | 122.69 | +1.05 | GS ahead |
| 2025-09-02 | 138.29 | 122.96 | +1.00 | GS ahead |
| 2025-08-29 | 141.01 | 124.30 | +1.22 | GS ahead |
| 2025-08-28 | 142.14 | 124.05 | +1.48 | GS ahead |
| 2025-08-27 | 141.85 | 123.39 | +1.57 | GS ahead |
| 2025-08-26 | 141.71 | 123.05 | +1.62 | GS ahead |
| 2025-08-25 | 139.79 | 121.96 | +1.50 | GS ahead |
| 2025-08-22 | 140.38 | 122.27 | +1.55 | GS ahead |
| 2025-08-21 | 135.47 | 118.98 | +1.33 | GS ahead |
| 2025-08-20 | 136.36 | 119.05 | +1.49 | GS ahead |
| 2025-08-19 | 136.50 | 119.01 | +1.53 | GS ahead |
| 2025-08-18 | 138.31 | 119.59 | +1.74 | GS ahead |
| 2025-08-15 | 138.26 | 119.47 | +1.76 | GS ahead |
| 2025-08-14 | 141.38 | 122.67 | +1.64 | GS ahead |
| 2025-08-13 | 140.91 | 122.06 | +1.68 | GS ahead |
| 2025-08-12 | 140.66 | 121.67 | +1.70 | GS ahead |
| 2025-08-11 | 136.09 | 118.85 | +1.45 | GS ahead |
| 2025-08-08 | 136.47 | 118.27 | +1.64 | GS ahead |
| 2025-08-07 | 136.19 | 116.41 | +2.01 | GS ahead |
| 2025-08-06 | 137.13 | 116.72 | +2.13 | GS ahead |
| 2025-08-05 | 136.41 | 116.03 | +2.17 | GS ahead |
| 2025-08-04 | 137.38 | 116.77 | +2.21 | GS ahead |
| 2025-08-01 | 134.26 | 114.89 | +2.05 | GS ahead |
| 2025-07-31 | 136.91 | 117.68 | +1.95 | GS ahead |
| 2025-07-30 | 138.27 | 119.73 | +1.77 | GS ahead |
| 2025-07-29 | 138.50 | 118.59 | +2.10 | GS ahead |
| 2025-07-28 | 136.93 | 117.76 | +2.00 | GS ahead |
| 2025-07-25 | 137.93 | 118.13 | +2.14 | GS ahead |
| 2025-07-24 | 136.08 | 117.71 | +1.89 | GS ahead |
| 2025-07-23 | 135.77 | 117.47 | +1.90 | GS ahead |
| 2025-07-22 | 132.53 | 115.68 | +1.68 | GS ahead |
| 2025-07-21 | 133.59 | 116.03 | +1.83 | GS ahead |
| 2025-07-18 | 134.01 | 116.33 | +1.87 | GS ahead |
| 2025-07-17 | 133.56 | 116.39 | +1.78 | GS ahead |
| 2025-07-16 | 134.12 | 115.47 | +2.15 | GS ahead |
| 2025-07-15 | 132.93 | 116.96 | +1.54 | GS ahead |
| 2025-07-14 | 134.97 | 118.92 | +1.51 | GS ahead |
| 2025-07-11 | 133.39 | 117.53 | +1.53 | GS ahead |
| 2025-07-10 | 134.18 | 118.20 | +1.55 | GS ahead |
| 2025-07-09 | 131.80 | 116.93 | +1.36 | GS ahead |
| 2025-07-08 | 131.94 | 116.58 | +1.49 | GS ahead |
| 2025-07-07 | 134.52 | 118.73 | +1.53 | GS ahead |
| 2025-07-03 | 136.93 | 119.06 | +2.00 | GS ahead |
| 2025-07-02 | 135.46 | 118.01 | +1.96 | GS ahead |
| 2025-07-01 | 133.67 | 116.53 | +1.97 | GS ahead |
| 2025-06-30 | 133.92 | 116.36 | +2.09 | GS ahead |
| 2025-06-27 | 130.71 | 116.22 | +1.41 | GS ahead |
| 2025-06-26 | 130.02 | 115.44 | +1.46 | GS ahead |
| 2025-06-25 | 126.75 | 113.76 | +1.13 | GS ahead |
| 2025-06-24 | 125.28 | 112.26 | +1.19 | GS ahead |
| 2025-06-23 | 122.40 | 110.69 | +0.91 | GS ahead |
| 2025-06-20 | 121.25 | 109.62 | +0.93 | GS ahead |
| 2025-06-18 | 120.20 | 109.47 | +0.71 | GS ahead |
| 2025-06-17 | 118.19 | 107.46 | +0.76 | GS ahead |
| 2025-06-16 | 118.80 | 108.13 | +0.73 | GS ahead |
| 2025-06-13 | 116.09 | 106.96 | +0.36 | near the usual relationship |
| 2025-06-12 | 118.28 | 108.97 | +0.36 | near the usual relationship |
| 2025-06-11 | 118.10 | 108.88 | +0.34 | near the usual relationship |
| 2025-06-10 | 116.34 | 108.89 | -0.13 | near the usual relationship |
| 2025-06-09 | 116.09 | 109.00 | -0.23 | near the usual relationship |
| 2025-06-06 | 116.18 | 108.89 | -0.18 | near the usual relationship |
| 2025-06-05 | 114.64 | 107.90 | -0.31 | near the usual relationship |
| 2025-06-04 | 113.38 | 105.86 | -0.06 | near the usual relationship |
| 2025-06-03 | 114.25 | 106.29 | +0.05 | near the usual relationship |
| 2025-06-02 | 113.29 | 106.06 | -0.14 | near the usual relationship |
| 2025-05-30 | 113.61 | 105.76 | +0.04 | near the usual relationship |
| 2025-05-29 | 114.45 | 105.86 | +0.23 | near the usual relationship |
| 2025-05-28 | 115.13 | 105.33 | +0.58 | GS ahead |
| 2025-05-27 | 116.51 | 106.73 | +0.54 | GS ahead |
| 2025-05-23 | 113.25 | 104.14 | +0.43 | near the usual relationship |
| 2025-05-22 | 113.19 | 104.30 | +0.37 | near the usual relationship |
| 2025-05-21 | 112.29 | 103.50 | +0.36 | near the usual relationship |
| 2025-05-20 | 114.76 | 106.67 | +0.10 | near the usual relationship |
| 2025-05-19 | 115.86 | 108.08 | -0.01 | near the usual relationship |
| 2025-05-16 | 117.13 | 109.19 | +0.01 | near the usual relationship |
| 2025-05-15 | 116.54 | 109.46 | -0.22 | near the usual relationship |
| 2025-05-14 | 115.72 | 108.24 | -0.09 | near the usual relationship |
| 2025-05-13 | 114.25 | 106.85 | -0.08 | near the usual relationship |
| 2025-05-12 | 111.89 | 104.96 | -0.18 | near the usual relationship |
| 2025-05-09 | 107.30 | 100.53 | -0.14 | near the usual relationship |
| 2025-05-08 | 107.04 | 100.68 | -0.26 | near the usual relationship |
| 2025-05-07 | 104.43 | 98.38 | -0.31 | near the usual relationship |
| 2025-05-06 | 103.95 | 97.74 | -0.26 | near the usual relationship |
| 2025-05-05 | 105.88 | 98.79 | -0.02 | near the usual relationship |
| 2025-05-02 | 107.11 | 99.31 | +0.18 | near the usual relationship |
| 2025-05-01 | 104.79 | 96.45 | +0.41 | near the usual relationship |
| 2025-04-30 | 103.60 | 95.34 | +0.42 | near the usual relationship |
| 2025-04-29 | 103.86 | 95.99 | +0.29 | near the usual relationship |
| 2025-04-28 | 103.39 | 95.68 | +0.25 | near the usual relationship |
| 2025-04-25 | 103.10 | 95.83 | +0.12 | near the usual relationship |
| 2025-04-24 | 103.19 | 95.49 | +0.26 | near the usual relationship |
| 2025-04-23 | 100.15 | 92.77 | +0.24 | near the usual relationship |
| 2025-04-22 | 98.39 | 91.18 | +0.23 | near the usual relationship |
| 2025-04-21 | 94.86 | 87.81 | +0.27 | near the usual relationship |
| 2025-04-17 | 96.40 | 90.19 | -0.04 | near the usual relationship |
| 2025-04-16 | 94.43 | 89.10 | -0.30 | near the usual relationship |
| 2025-04-15 | 96.10 | 91.23 | -0.48 | near the usual relationship |
| 2025-04-14 | 95.36 | 90.13 | -0.35 | near the usual relationship |
| 2025-04-11 | 93.56 | 89.31 | -0.64 | MS ahead |
| 2025-04-10 | 92.68 | 88.04 | -0.48 | near the usual relationship |
| 2025-04-09 | 97.80 | 92.27 | -0.27 | near the usual relationship |
| 2025-04-08 | 87.46 | 82.86 | -0.39 | near the usual relationship |
| 2025-04-07 | 88.08 | 83.36 | -0.35 | near the usual relationship |
| 2025-04-04 | 89.08 | 82.46 | +0.30 | near the usual relationship |
| 2025-04-03 | 96.73 | 89.15 | +0.43 | near the usual relationship |
| 2025-04-02 | 106.55 | 98.52 | +0.35 | near the usual relationship |
| 2025-04-01 | 103.77 | 95.61 | +0.46 | near the usual relationship |
| 2025-03-31 | 103.37 | 96.37 | +0.12 | near the usual relationship |
| 2025-03-28 | 102.77 | 95.27 | +0.29 | near the usual relationship |
| 2025-03-27 | 105.76 | 98.30 | +0.22 | near the usual relationship |
| 2025-03-26 | 108.59 | 100.94 | +0.22 | near the usual relationship |
| 2025-03-25 | 110.87 | 103.42 | +0.13 | near the usual relationship |
| 2025-03-24 | 109.76 | 102.65 | +0.07 | near the usual relationship |
| 2025-03-21 | 106.93 | 99.24 | +0.29 | near the usual relationship |
| 2025-03-20 | 106.47 | 99.51 | +0.10 | near the usual relationship |
| 2025-03-19 | 105.46 | 99.00 | -0.02 | near the usual relationship |
| 2025-03-18 | 104.40 | 97.56 | +0.11 | near the usual relationship |
| 2025-03-17 | 104.32 | 97.44 | +0.13 | near the usual relationship |
| 2025-03-14 | 102.44 | 95.28 | +0.25 | near the usual relationship |
| 2025-03-13 | 99.30 | 92.25 | +0.29 | near the usual relationship |
| 2025-03-12 | 101.36 | 94.17 | +0.29 | near the usual relationship |
| 2025-03-11 | 100.55 | 92.55 | +0.55 | GS ahead |
| 2025-03-10 | 100.60 | 92.26 | +0.65 | GS ahead |
| 2025-03-07 | 105.90 | 98.54 | +0.27 | near the usual relationship |
| 2025-03-06 | 107.41 | 98.60 | +0.64 | GS ahead |
| 2025-03-05 | 112.22 | 102.22 | +0.85 | GS ahead |
| 2025-03-04 | 109.96 | 100.55 | +0.76 | GS ahead |
| 2025-03-03 | 114.52 | 106.67 | +0.27 | near the usual relationship |
| 2025-02-28 | 117.75 | 109.95 | +0.20 | near the usual relationship |
| 2025-02-27 | 115.04 | 106.76 | +0.37 | near the usual relationship |
| 2025-02-26 | 116.89 | 108.25 | +0.43 | near the usual relationship |
| 2025-02-25 | 116.35 | 107.05 | +0.61 | GS ahead |
| 2025-02-24 | 118.47 | 107.36 | +1.02 | GS ahead |
| 2025-02-21 | 118.37 | 108.78 | +0.65 | GS ahead |
| 2025-02-20 | 121.53 | 110.97 | +0.83 | GS ahead |
| 2025-02-19 | 126.42 | 116.22 | +0.66 | GS ahead |
| 2025-02-18 | 127.19 | 116.23 | +0.82 | GS ahead |
| 2025-02-14 | 124.99 | 114.78 | +0.69 | GS ahead |
| 2025-02-13 | 122.79 | 113.03 | +0.63 | GS ahead |
| 2025-02-12 | 122.80 | 113.26 | +0.59 | GS ahead |
| 2025-02-11 | 122.47 | 113.82 | +0.39 | near the usual relationship |
| 2025-02-10 | 123.09 | 113.42 | +0.62 | GS ahead |
| 2025-02-07 | 124.11 | 115.63 | +0.33 | near the usual relationship |
| 2025-02-06 | 124.54 | 116.54 | +0.22 | near the usual relationship |
| 2025-02-05 | 122.13 | 114.76 | +0.12 | near the usual relationship |
| 2025-02-04 | 120.00 | 112.98 | +0.07 | near the usual relationship |
| 2025-02-03 | 119.65 | 113.30 | -0.08 | near the usual relationship |
| 2025-01-31 | 121.17 | 114.35 | +0.02 | near the usual relationship |
| 2025-01-30 | 122.18 | 115.60 | -0.04 | near the usual relationship |
| 2025-01-29 | 120.60 | 114.58 | -0.14 | near the usual relationship |
| 2025-01-28 | 120.68 | 114.44 | -0.09 | near the usual relationship |
| 2025-01-27 | 119.83 | 112.88 | +0.09 | near the usual relationship |
| 2025-01-24 | 120.51 | 113.84 | +0.02 | near the usual relationship |
| 2025-01-23 | 121.00 | 113.83 | +0.13 | near the usual relationship |
| 2025-01-22 | 119.72 | 112.34 | +0.20 | near the usual relationship |
| 2025-01-21 | 120.10 | 113.41 | +0.04 | near the usual relationship |
| 2025-01-17 | 118.44 | 113.89 | -0.42 | near the usual relationship |
| 2025-01-16 | 115.99 | 112.18 | -0.57 | MS ahead |
| 2025-01-15 | 114.65 | 107.84 | +0.15 | near the usual relationship |
| 2025-01-14 | 108.14 | 102.94 | -0.14 | near the usual relationship |
| 2025-01-13 | 106.52 | 102.42 | -0.38 | near the usual relationship |
| 2025-01-10 | 105.96 | 101.97 | -0.38 | near the usual relationship |
| 2025-01-08 | 109.75 | 105.62 | -0.37 | near the usual relationship |
| 2025-01-07 | 109.77 | 104.81 | -0.17 | near the usual relationship |
| 2025-01-06 | 110.39 | 106.26 | -0.35 | near the usual relationship |
| 2025-01-03 | 109.77 | 104.03 | +0.02 | near the usual relationship |
| 2025-01-02 | 108.79 | 103.07 | +0.04 | near the usual relationship |
| 2024-12-31 | 108.35 | 103.85 | -0.21 | near the usual relationship |
| 2024-12-30 | 108.52 | 103.87 | -0.17 | near the usual relationship |
| 2024-12-27 | 109.02 | 104.71 | -0.24 | near the usual relationship |
| 2024-12-26 | 109.98 | 105.76 | -0.25 | near the usual relationship |
| 2024-12-24 | 110.27 | 104.96 | -0.02 | near the usual relationship |
| 2024-12-23 | 108.00 | 102.80 | -0.01 | near the usual relationship |
| 2024-12-20 | 107.11 | 101.97 | +0.00 | near the usual relationship |
| 2024-12-19 | 104.82 | 99.54 | +0.06 | near the usual relationship |
| 2024-12-18 | 104.12 | 99.98 | -0.17 | near the usual relationship |
| 2024-12-17 | 108.74 | 105.52 | -0.38 | near the usual relationship |
| 2024-12-16 | 110.94 | 106.58 | -0.16 | near the usual relationship |
| 2024-12-13 | 110.78 | 105.24 | +0.07 | near the usual relationship |
| 2024-12-12 | 111.94 | 105.66 | +0.21 | near the usual relationship |
| 2024-12-11 | 112.12 | 105.39 | +0.30 | near the usual relationship |
| 2024-12-10 | 110.70 | 104.73 | +0.18 | near the usual relationship |
| 2024-12-09 | 112.42 | 106.21 | +0.21 | near the usual relationship |
| 2024-12-06 | 113.47 | 107.35 | +0.19 | near the usual relationship |
| 2024-12-05 | 112.92 | 107.65 | +0.04 | near the usual relationship |
| 2024-12-04 | 113.28 | 107.38 | +0.16 | near the usual relationship |
| 2024-12-03 | 113.92 | 107.75 | +0.21 | near the usual relationship |
| 2024-12-02 | 113.85 | 108.24 | +0.11 | near the usual relationship |
| 2024-11-29 | 115.15 | 108.71 | +0.25 | near the usual relationship |
| 2024-11-27 | 114.56 | 108.38 | +0.21 | near the usual relationship |
| 2024-11-26 | 114.57 | 108.44 | +0.21 | near the usual relationship |
| 2024-11-25 | 114.10 | 110.41 | -0.22 | near the usual relationship |
| 2024-11-22 | 114.05 | 111.26 | -0.38 | near the usual relationship |
| 2024-11-21 | 112.79 | 111.51 | -0.63 | MS ahead |
| 2024-11-20 | 110.11 | 108.78 | -0.61 | MS ahead |
| 2024-11-19 | 110.01 | 109.24 | -0.71 | MS ahead |
| 2024-11-18 | 111.26 | 110.51 | -0.71 | MS ahead |
| 2024-11-15 | 112.31 | 110.74 | -0.56 | MS ahead |
| 2024-11-14 | 111.37 | 109.39 | -0.48 | near the usual relationship |
| 2024-11-13 | 112.44 | 109.66 | -0.35 | near the usual relationship |
| 2024-11-12 | 112.13 | 109.29 | -0.33 | near the usual relationship |
| 2024-11-11 | 113.97 | 110.29 | -0.19 | near the usual relationship |
| 2024-11-08 | 111.50 | 107.00 | -0.02 | near the usual relationship |
| 2024-11-07 | 110.16 | 106.10 | -0.09 | near the usual relationship |
| 2024-11-06 | 112.77 | 108.62 | -0.08 | near the usual relationship |
| 2024-11-05 | 99.71 | 97.32 | -0.33 | near the usual relationship |
| 2024-11-04 | 96.78 | 95.94 | -0.62 | MS ahead |
| 2024-11-01 | 98.27 | 96.52 | -0.45 | near the usual relationship |
| 2024-10-31 | 97.97 | 96.03 | -0.40 | near the usual relationship |
| 2024-10-30 | 99.22 | 97.41 | -0.43 | near the usual relationship |
| 2024-10-29 | 99.20 | 98.55 | -0.64 | MS ahead |
| 2024-10-28 | 99.07 | 98.41 | -0.63 | MS ahead |
| 2024-10-25 | 96.99 | 96.55 | -0.66 | MS ahead |
| 2024-10-24 | 99.24 | 98.44 | -0.59 | MS ahead |
| 2024-10-23 | 97.86 | 97.70 | -0.71 | MS ahead |
| 2024-10-22 | 98.07 | 97.74 | -0.67 | MS ahead |
| 2024-10-21 | 97.98 | 97.70 | -0.67 | MS ahead |
| 2024-10-18 | 100.00 | 100.00 | -0.71 | MS ahead |
One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Oct 15, 2025 (GS -0.4%, MS +4.7%); Apr 13, 2026 (GS -1.9%, MS +2.0%); Apr 15, 2026 (GS -1.1%, MS +4.5%); Jul 14, 2026 (GS +9.0%, MS +3.0%).
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
GS and MS at a glance
GS The Goldman Sachs Group Inc.
- Listing
- NYSE · SEC CIK 886982
- Industry
- Investment Bankers/Brokers/Service · SIC 6211 Security Brokers, Dealers & Flotation Companies
- Market value
- $255.0B
- Price history
- 2,521 daily closes, Oct 12, 2016 to Oct 22, 2026
MS Morgan Stanley
- Listing
- NYSE · SEC CIK 895421
- Industry
- Investment Bankers/Brokers/Service · SIC 6211 Security Brokers, Dealers & Flotation Companies
- Market value
- $280.3B
- 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 →Other rivals of GS and MS
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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.
