Incyte Corp. vs IQVIA Holdings Inc.
WatchlistINCY / IQVPrices through Oct 22, 2026
Why these are rivals: #1 and #2 by market value ($44B vs $23B) in Nasdaq's "Biotechnology: Commercial Physical & Biological Resarch" industry; SEC SIC 8731 / 8731 (same major group); #1 and #2 by market value ($44B vs $23B) with SEC SIC 8731 (Services-Commercial Physical & Biological Research).
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: 0.37 (needs >= 0.60)
- Mean reversion: ADF t-statistic of the spread: -1.85 (needs <= -2.873 (5% critical value))
Business leadership
IQV is the larger business
Annual revenue reported to the SEC. Scale, not market share.
| Year | INCY | IQV | Larger |
|---|---|---|---|
| 2025 | $5.1B | $16.3B | IQV |
| 2024 | $4.2B | $15.4B | IQV |
| 2023 | $3.7B | $15.0B | IQV |
| 2022 | $3.4B | $14.4B | IQV |
| 2021 | $3.0B | $13.9B | IQV |
| 2020 | $2.7B | $11.4B | IQV |
IQV led in every year with figures for both. Market value: INCY $23.0B, IQV $43.8B.
Stock leadership
IQV is ahead now
Measured against the pair's own last 252 trading days.
IQV leads INCY by 1.55 standard deviations: +20.7% over its usual price ratio. 1 lead switch in the last year.
| Price change | 3 mo | 6 mo | 12 mo |
|---|---|---|---|
| INCY | -0.6% | +22.5% | +33.9% |
| IQV | +33.8% | +73.2% | +27.3% |
Relationship
Not a measured twin today
Only these tests can make a pair tradable on paper.
- Pass
- Aligned sessions: 2521 (needs >= 254)
- Fail
- Co-movement: daily return correlation, 252 sessions: 0.37 (needs >= 0.60)
- Fail
- Mean reversion: ADF t-statistic of the spread: -1.85 (needs <= -2.873 (5% critical value))
- Pass
- Speed: half-life of the spread, sessions: 26.77 (needs <= 63)
- Data
- Both stocks current
The twins over two years
Prices side by side, and the gap between them
INCY Incyte Corp. IQV IQVIA Holdings Inc.Price 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: INCY relative to IQV, against the 252 sessions before each day. Above 0: INCY ahead; below 0: IQV ahead. Lines at +/-2 (idea) and +/-4 (stop).
Data table (504 sessions)
| Date | INCY index | IQV index | z | Ahead |
|---|---|---|---|---|
| 2026-10-22 | 176.13 | 117.59 | -1.55 | IQV ahead |
| 2026-10-21 | 170.87 | 116.87 | -1.75 | IQV ahead |
| 2026-10-20 | 175.65 | 113.16 | -1.26 | IQV ahead |
| 2026-10-19 | 170.58 | 112.33 | -1.44 | IQV ahead |
| 2026-10-16 | 170.31 | 112.76 | -1.48 | IQV ahead |
| 2026-10-15 | 170.61 | 114.51 | -1.60 | IQV ahead |
| 2026-10-14 | 168.05 | 110.70 | -1.44 | IQV ahead |
| 2026-10-13 | 163.61 | 110.14 | -1.62 | IQV ahead |
| 2026-10-12 | 167.74 | 110.78 | -1.46 | IQV ahead |
| 2026-10-09 | 169.89 | 109.80 | -1.28 | IQV ahead |
| 2026-10-08 | 169.83 | 109.38 | -1.25 | IQV ahead |
| 2026-10-07 | 170.87 | 109.05 | -1.17 | IQV ahead |
| 2026-10-06 | 169.80 | 109.84 | -1.28 | IQV ahead |
| 2026-10-05 | 171.91 | 112.42 | -1.37 | IQV ahead |
| 2026-10-02 | 173.67 | 109.09 | -1.04 | IQV ahead |
| 2026-10-01 | 176.44 | 110.15 | -0.98 | IQV ahead |
| 2026-09-30 | 182.78 | 113.59 | -0.95 | IQV ahead |
| 2026-09-29 | 185.57 | 113.65 | -0.83 | IQV ahead |
| 2026-09-28 | 188.01 | 114.48 | -0.78 | IQV ahead |
| 2026-09-25 | 186.61 | 114.23 | -0.83 | IQV ahead |
| 2026-09-24 | 187.44 | 116.19 | -0.93 | IQV ahead |
| 2026-09-23 | 187.74 | 113.17 | -0.70 | IQV ahead |
| 2026-09-22 | 191.19 | 114.11 | -0.62 | IQV ahead |
| 2026-09-21 | 187.75 | 114.02 | -0.76 | IQV ahead |
| 2026-09-18 | 188.75 | 112.56 | -0.61 | IQV ahead |
| 2026-09-17 | 192.23 | 113.84 | -0.55 | IQV ahead |
| 2026-09-16 | 187.90 | 113.57 | -0.71 | IQV ahead |
| 2026-09-15 | 183.37 | 113.93 | -0.94 | IQV ahead |
| 2026-09-14 | 184.05 | 112.24 | -0.78 | IQV ahead |
| 2026-09-11 | 182.96 | 110.60 | -0.71 | IQV ahead |
| 2026-09-10 | 185.69 | 108.71 | -0.45 | near the usual relationship |
| 2026-09-09 | 189.80 | 108.57 | -0.26 | near the usual relationship |
| 2026-09-08 | 187.38 | 109.51 | -0.43 | near the usual relationship |
| 2026-09-04 | 190.92 | 113.13 | -0.54 | IQV ahead |
| 2026-09-03 | 192.80 | 114.76 | -0.58 | IQV ahead |
| 2026-09-02 | 194.05 | 111.47 | -0.29 | near the usual relationship |
| 2026-09-01 | 188.30 | 109.15 | -0.36 | near the usual relationship |
| 2026-08-31 | 185.60 | 110.35 | -0.56 | IQV ahead |
| 2026-08-28 | 187.33 | 110.59 | -0.50 | IQV ahead |
| 2026-08-27 | 192.41 | 110.85 | -0.30 | near the usual relationship |
| 2026-08-26 | 192.98 | 110.49 | -0.24 | near the usual relationship |
| 2026-08-25 | 195.39 | 109.60 | -0.08 | near the usual relationship |
| 2026-08-24 | 192.77 | 109.95 | -0.21 | near the usual relationship |
| 2026-08-21 | 192.51 | 109.77 | -0.20 | near the usual relationship |
| 2026-08-20 | 191.63 | 108.18 | -0.12 | near the usual relationship |
| 2026-08-19 | 193.51 | 105.32 | +0.18 | near the usual relationship |
| 2026-08-18 | 185.98 | 101.41 | +0.17 | near the usual relationship |
| 2026-08-17 | 186.02 | 101.92 | +0.13 | near the usual relationship |
| 2026-08-14 | 180.99 | 99.99 | +0.07 | near the usual relationship |
| 2026-08-13 | 181.53 | 102.04 | -0.06 | near the usual relationship |
| 2026-08-12 | 181.91 | 102.12 | -0.05 | near the usual relationship |
| 2026-08-11 | 182.36 | 103.02 | -0.09 | near the usual relationship |
| 2026-08-10 | 183.08 | 102.24 | +0.00 | near the usual relationship |
| 2026-08-07 | 181.59 | 100.85 | +0.05 | near the usual relationship |
| 2026-08-06 | 178.31 | 98.20 | +0.12 | near the usual relationship |
| 2026-08-05 | 180.45 | 99.73 | +0.10 | near the usual relationship |
| 2026-08-04 | 181.65 | 96.41 | +0.42 | near the usual relationship |
| 2026-08-03 | 178.39 | 98.59 | +0.11 | near the usual relationship |
| 2026-07-31 | 180.03 | 99.29 | +0.13 | near the usual relationship |
| 2026-07-30 | 185.25 | 100.46 | +0.27 | near the usual relationship |
| 2026-07-29 | 191.44 | 104.59 | +0.22 | near the usual relationship |
| 2026-07-28 | 195.71 | 102.64 | +0.54 | INCY ahead |
| 2026-07-27 | 179.05 | 90.08 | +0.85 | INCY ahead |
| 2026-07-24 | 177.24 | 87.90 | +0.96 | INCY ahead |
| 2026-07-23 | 175.76 | 87.59 | +0.93 | INCY ahead |
| 2026-07-22 | 174.41 | 83.87 | +1.20 | INCY ahead |
| 2026-07-21 | 176.82 | 85.18 | +1.20 | INCY ahead |
| 2026-07-20 | 174.20 | 86.15 | +1.01 | INCY ahead |
| 2026-07-17 | 176.61 | 87.14 | +1.04 | INCY ahead |
| 2026-07-16 | 175.70 | 88.93 | +0.86 | INCY ahead |
| 2026-07-15 | 173.35 | 87.38 | +0.90 | INCY ahead |
| 2026-07-14 | 173.04 | 87.81 | +0.86 | INCY ahead |
| 2026-07-13 | 172.06 | 87.69 | +0.83 | INCY ahead |
| 2026-07-10 | 175.79 | 87.82 | +0.98 | INCY ahead |
| 2026-07-09 | 178.52 | 88.29 | +1.06 | INCY ahead |
| 2026-07-08 | 176.62 | 86.10 | +1.18 | INCY ahead |
| 2026-07-07 | 177.81 | 87.98 | +1.08 | INCY ahead |
| 2026-07-06 | 174.15 | 87.02 | +1.02 | INCY ahead |
| 2026-07-02 | 176.02 | 87.47 | +1.06 | INCY ahead |
| 2026-07-01 | 171.43 | 85.85 | +1.02 | INCY ahead |
| 2026-06-30 | 170.75 | 81.63 | +1.36 | INCY ahead |
| 2026-06-29 | 172.71 | 81.66 | +1.46 | INCY ahead |
| 2026-06-26 | 171.34 | 80.76 | +1.49 | INCY ahead |
| 2026-06-25 | 161.97 | 78.77 | +1.28 | INCY ahead |
| 2026-06-24 | 163.37 | 78.42 | +1.38 | INCY ahead |
| 2026-06-23 | 157.25 | 72.36 | +1.71 | INCY ahead |
| 2026-06-22 | 156.14 | 70.90 | +1.83 | INCY ahead |
| 2026-06-18 | 147.94 | 70.88 | +1.44 | INCY ahead |
| 2026-06-17 | 149.10 | 72.11 | +1.39 | INCY ahead |
| 2026-06-16 | 150.25 | 75.70 | +1.09 | INCY ahead |
| 2026-06-15 | 153.61 | 75.37 | +1.30 | INCY ahead |
| 2026-06-12 | 163.47 | 76.67 | +1.65 | INCY ahead |
| 2026-06-11 | 162.42 | 76.50 | +1.64 | INCY ahead |
| 2026-06-10 | 158.74 | 76.97 | +1.43 | INCY ahead |
| 2026-06-09 | 155.49 | 78.69 | +1.11 | INCY ahead |
| 2026-06-08 | 151.59 | 77.61 | +1.03 | INCY ahead |
| 2026-06-05 | 154.21 | 77.51 | +1.18 | INCY ahead |
| 2026-06-04 | 152.49 | 78.96 | +0.96 | INCY ahead |
| 2026-06-03 | 147.58 | 76.91 | +0.92 | INCY ahead |
| 2026-06-02 | 138.94 | 76.32 | +0.52 | INCY ahead |
| 2026-06-01 | 143.98 | 78.93 | +0.54 | INCY ahead |
| 2026-05-29 | 145.71 | 76.98 | +0.83 | INCY ahead |
| 2026-05-28 | 146.86 | 76.51 | +0.94 | INCY ahead |
| 2026-05-27 | 146.62 | 69.97 | +1.63 | INCY ahead |
| 2026-05-26 | 146.26 | 68.44 | +1.80 | INCY ahead |
| 2026-05-22 | 146.35 | 70.94 | +1.54 | INCY ahead |
| 2026-05-21 | 146.72 | 70.99 | +1.57 | INCY ahead |
| 2026-05-20 | 146.23 | 72.46 | +1.39 | INCY ahead |
| 2026-05-19 | 144.00 | 73.17 | +1.21 | INCY ahead |
| 2026-05-18 | 143.38 | 73.01 | +1.20 | INCY ahead |
| 2026-05-15 | 143.56 | 71.45 | +1.39 | INCY ahead |
| 2026-05-14 | 147.06 | 72.11 | +1.52 | INCY ahead |
| 2026-05-13 | 148.85 | 72.83 | +1.55 | INCY ahead |
| 2026-05-12 | 149.31 | 73.96 | +1.47 | INCY ahead |
| 2026-05-11 | 151.11 | 73.32 | +1.64 | INCY ahead |
| 2026-05-08 | 148.46 | 75.50 | +1.28 | INCY ahead |
| 2026-05-07 | 147.27 | 75.47 | +1.23 | INCY ahead |
| 2026-05-06 | 150.40 | 74.56 | +1.51 | INCY ahead |
| 2026-05-05 | 146.81 | 74.54 | +1.33 | INCY ahead |
| 2026-05-04 | 146.32 | 68.00 | +2.06 | INCY ahead |
| 2026-05-01 | 145.97 | 66.66 | +2.23 | INCY ahead |
| 2026-04-30 | 143.50 | 66.91 | +2.08 | INCY ahead |
| 2026-04-29 | 149.27 | 66.19 | +2.53 | INCY ahead |
| 2026-04-28 | 147.22 | 67.17 | +2.32 | INCY ahead |
| 2026-04-27 | 144.17 | 69.22 | +1.92 | INCY ahead |
| 2026-04-24 | 142.57 | 68.56 | +1.93 | INCY ahead |
| 2026-04-23 | 143.80 | 67.89 | +2.11 | INCY ahead |
| 2026-04-22 | 145.71 | 74.03 | +1.51 | INCY ahead |
| 2026-04-21 | 144.93 | 74.23 | +1.45 | INCY ahead |
| 2026-04-20 | 145.99 | 74.68 | +1.48 | INCY ahead |
| 2026-04-17 | 147.34 | 74.55 | +1.58 | INCY ahead |
| 2026-04-16 | 143.58 | 72.65 | +1.60 | INCY ahead |
| 2026-04-15 | 146.26 | 75.25 | +1.47 | INCY ahead |
| 2026-04-14 | 147.15 | 74.05 | +1.67 | INCY ahead |
| 2026-04-13 | 143.92 | 72.66 | +1.65 | INCY ahead |
| 2026-04-10 | 144.71 | 70.70 | +1.95 | INCY ahead |
| 2026-04-09 | 146.05 | 71.39 | +1.97 | INCY ahead |
| 2026-04-08 | 144.43 | 72.90 | +1.71 | INCY ahead |
| 2026-04-07 | 141.12 | 72.09 | +1.62 | INCY ahead |
| 2026-04-06 | 142.88 | 72.13 | +1.73 | INCY ahead |
| 2026-04-02 | 144.49 | 73.20 | +1.72 | INCY ahead |
| 2026-04-01 | 142.04 | 72.84 | +1.62 | INCY ahead |
| 2026-03-31 | 141.77 | 72.05 | +1.70 | INCY ahead |
| 2026-03-30 | 136.06 | 70.20 | +1.58 | INCY ahead |
| 2026-03-27 | 136.01 | 69.23 | +1.70 | INCY ahead |
| 2026-03-26 | 138.97 | 71.57 | +1.61 | INCY ahead |
| 2026-03-25 | 138.92 | 69.98 | +1.80 | INCY ahead |
| 2026-03-24 | 136.50 | 70.17 | +1.64 | INCY ahead |
| 2026-03-23 | 136.24 | 70.54 | +1.59 | INCY ahead |
| 2026-03-20 | 136.74 | 70.16 | +1.66 | INCY ahead |
| 2026-03-19 | 140.01 | 70.33 | +1.84 | INCY ahead |
| 2026-03-18 | 138.94 | 70.56 | +1.76 | INCY ahead |
| 2026-03-17 | 141.92 | 71.16 | +1.88 | INCY ahead |
| 2026-03-16 | 140.08 | 69.66 | +1.97 | INCY ahead |
| 2026-03-13 | 139.39 | 69.59 | +1.96 | INCY ahead |
| 2026-03-12 | 138.62 | 68.84 | +2.02 | INCY ahead |
| 2026-03-11 | 142.58 | 72.49 | +1.85 | INCY ahead |
| 2026-03-10 | 144.63 | 72.22 | +2.02 | INCY ahead |
| 2026-03-09 | 146.26 | 75.44 | +1.77 | INCY ahead |
| 2026-03-06 | 144.51 | 73.72 | +1.88 | INCY ahead |
| 2026-03-05 | 146.60 | 75.42 | +1.83 | INCY ahead |
| 2026-03-04 | 148.91 | 75.15 | +2.01 | INCY ahead |
| 2026-03-03 | 147.72 | 73.50 | +2.16 | INCY ahead |
| 2026-03-02 | 150.69 | 73.63 | +2.34 | INCY ahead |
| 2026-02-27 | 152.54 | 75.55 | +2.26 | INCY ahead |
| 2026-02-26 | 150.76 | 72.09 | +2.60 | INCY ahead |
| 2026-02-25 | 150.59 | 68.41 | +3.11 | INCY ahead |
| 2026-02-24 | 152.21 | 69.66 | +3.11 | INCY ahead |
| 2026-02-23 | 151.90 | 68.57 | +3.31 | INCY ahead |
| 2026-02-20 | 152.61 | 69.97 | +3.24 | INCY ahead |
| 2026-02-19 | 153.23 | 71.55 | +3.13 | INCY ahead |
| 2026-02-18 | 155.13 | 72.27 | +3.22 | INCY ahead |
| 2026-02-17 | 152.37 | 69.47 | +3.51 | INCY ahead |
| 2026-02-13 | 152.28 | 70.53 | +3.43 | INCY ahead |
| 2026-02-12 | 151.75 | 71.34 | +3.34 | INCY ahead |
| 2026-02-11 | 148.88 | 74.86 | +2.71 | INCY ahead |
| 2026-02-10 | 150.70 | 77.08 | +2.57 | INCY ahead |
| 2026-02-09 | 164.23 | 81.40 | +2.94 | INCY ahead |
| 2026-02-06 | 163.26 | 79.21 | +3.22 | INCY ahead |
| 2026-02-05 | 154.78 | 76.45 | +3.10 | INCY ahead |
| 2026-02-04 | 154.54 | 85.57 | +1.94 | INCY ahead |
| 2026-02-03 | 152.01 | 86.09 | +1.72 | INCY ahead |
| 2026-02-02 | 154.65 | 97.69 | +0.58 | INCY ahead |
| 2026-01-30 | 150.73 | 97.24 | +0.37 | near the usual relationship |
| 2026-01-29 | 152.25 | 99.55 | +0.24 | near the usual relationship |
| 2026-01-28 | 152.40 | 101.30 | +0.07 | near the usual relationship |
| 2026-01-27 | 155.85 | 101.84 | +0.26 | near the usual relationship |
| 2026-01-26 | 154.51 | 101.16 | +0.24 | near the usual relationship |
| 2026-01-23 | 153.62 | 99.42 | +0.37 | near the usual relationship |
| 2026-01-22 | 158.25 | 101.00 | +0.51 | INCY ahead |
| 2026-01-21 | 157.66 | 101.99 | +0.38 | near the usual relationship |
| 2026-01-20 | 154.57 | 98.73 | +0.52 | INCY ahead |
| 2026-01-16 | 159.98 | 100.42 | +0.70 | INCY ahead |
| 2026-01-15 | 158.52 | 101.94 | +0.46 | near the usual relationship |
| 2026-01-14 | 159.59 | 101.97 | +0.53 | INCY ahead |
| 2026-01-13 | 155.79 | 102.06 | +0.29 | near the usual relationship |
| 2026-01-12 | 160.16 | 101.76 | +0.60 | INCY ahead |
| 2026-01-09 | 160.97 | 102.42 | +0.59 | INCY ahead |
| 2026-01-08 | 159.54 | 102.75 | +0.48 | near the usual relationship |
| 2026-01-07 | 166.55 | 103.21 | +0.86 | INCY ahead |
| 2026-01-06 | 160.66 | 101.62 | +0.66 | INCY ahead |
| 2026-01-05 | 153.32 | 99.11 | +0.46 | near the usual relationship |
| 2026-01-02 | 152.76 | 95.22 | +0.82 | INCY ahead |
| 2025-12-31 | 148.77 | 95.23 | +0.57 | INCY ahead |
| 2025-12-30 | 148.98 | 96.20 | +0.49 | near the usual relationship |
| 2025-12-29 | 149.56 | 95.95 | +0.56 | INCY ahead |
| 2025-12-26 | 150.79 | 95.87 | +0.65 | INCY ahead |
| 2025-12-24 | 151.29 | 95.49 | +0.72 | INCY ahead |
| 2025-12-23 | 152.00 | 95.12 | +0.81 | INCY ahead |
| 2025-12-22 | 151.69 | 94.79 | +0.83 | INCY ahead |
| 2025-12-19 | 154.68 | 93.24 | +1.18 | INCY ahead |
| 2025-12-18 | 146.57 | 94.01 | +0.60 | INCY ahead |
| 2025-12-17 | 147.06 | 93.55 | +0.69 | INCY ahead |
| 2025-12-16 | 146.15 | 93.66 | +0.63 | INCY ahead |
| 2025-12-15 | 148.58 | 94.48 | +0.70 | INCY ahead |
| 2025-12-12 | 143.71 | 93.90 | +0.46 | near the usual relationship |
| 2025-12-11 | 144.75 | 95.48 | +0.38 | near the usual relationship |
| 2025-12-10 | 143.35 | 94.18 | +0.42 | near the usual relationship |
| 2025-12-09 | 143.33 | 92.13 | +0.62 | INCY ahead |
| 2025-12-08 | 145.65 | 94.46 | +0.55 | INCY ahead |
| 2025-12-05 | 154.42 | 95.42 | +1.00 | INCY ahead |
| 2025-12-04 | 151.32 | 95.03 | +0.86 | INCY ahead |
| 2025-12-03 | 152.88 | 96.01 | +0.86 | INCY ahead |
| 2025-12-02 | 152.79 | 95.33 | +0.93 | INCY ahead |
| 2025-12-01 | 153.70 | 96.53 | +0.88 | INCY ahead |
| 2025-11-28 | 157.34 | 97.18 | +1.04 | INCY ahead |
| 2025-11-26 | 159.14 | 97.93 | +1.08 | INCY ahead |
| 2025-11-25 | 158.98 | 97.98 | +1.07 | INCY ahead |
| 2025-11-24 | 160.02 | 96.40 | +1.29 | INCY ahead |
| 2025-11-21 | 153.73 | 95.02 | +1.06 | INCY ahead |
| 2025-11-20 | 153.28 | 91.73 | +1.37 | INCY ahead |
| 2025-11-19 | 152.61 | 91.88 | +1.33 | INCY ahead |
| 2025-11-18 | 156.48 | 91.80 | +1.58 | INCY ahead |
| 2025-11-17 | 156.91 | 91.31 | +1.67 | INCY ahead |
| 2025-11-14 | 156.88 | 93.21 | +1.49 | INCY ahead |
| 2025-11-13 | 158.77 | 94.45 | +1.49 | INCY ahead |
| 2025-11-12 | 163.07 | 93.32 | +1.88 | INCY ahead |
| 2025-11-11 | 162.92 | 92.33 | +1.99 | INCY ahead |
| 2025-11-10 | 159.63 | 90.01 | +2.07 | INCY ahead |
| 2025-11-07 | 159.63 | 88.92 | +2.21 | INCY ahead |
| 2025-11-06 | 158.46 | 89.09 | +2.15 | INCY ahead |
| 2025-11-05 | 159.21 | 88.77 | +2.26 | INCY ahead |
| 2025-11-04 | 155.02 | 89.13 | +1.99 | INCY ahead |
| 2025-11-03 | 152.99 | 90.36 | +1.74 | INCY ahead |
| 2025-10-31 | 140.80 | 91.45 | +0.81 | INCY ahead |
| 2025-10-30 | 139.46 | 91.46 | +0.72 | INCY ahead |
| 2025-10-29 | 135.83 | 92.03 | +0.41 | near the usual relationship |
| 2025-10-28 | 138.05 | 92.16 | +0.56 | INCY ahead |
| 2025-10-27 | 140.20 | 91.86 | +0.74 | INCY ahead |
| 2025-10-24 | 137.49 | 93.17 | +0.43 | near the usual relationship |
| 2025-10-23 | 134.52 | 92.91 | +0.26 | near the usual relationship |
| 2025-10-22 | 132.64 | 92.04 | +0.23 | near the usual relationship |
| 2025-10-21 | 131.50 | 92.39 | +0.13 | near the usual relationship |
| 2025-10-20 | 129.79 | 89.59 | +0.29 | near the usual relationship |
| 2025-10-17 | 131.90 | 86.42 | +0.74 | INCY ahead |
| 2025-10-16 | 131.51 | 86.93 | +0.67 | INCY ahead |
| 2025-10-15 | 132.78 | 85.82 | +0.86 | INCY ahead |
| 2025-10-14 | 129.48 | 86.51 | +0.59 | INCY ahead |
| 2025-10-13 | 127.62 | 86.09 | +0.52 | INCY ahead |
| 2025-10-10 | 126.22 | 83.73 | +0.66 | INCY ahead |
| 2025-10-09 | 127.65 | 85.77 | +0.57 | INCY ahead |
| 2025-10-08 | 128.60 | 84.75 | +0.72 | INCY ahead |
| 2025-10-07 | 131.30 | 84.86 | +0.88 | INCY ahead |
| 2025-10-06 | 131.39 | 86.62 | +0.73 | INCY ahead |
| 2025-10-03 | 130.82 | 87.30 | +0.65 | INCY ahead |
| 2025-10-02 | 129.96 | 86.33 | +0.68 | INCY ahead |
| 2025-10-01 | 130.59 | 86.10 | +0.75 | INCY ahead |
| 2025-09-30 | 127.75 | 80.25 | +1.11 | INCY ahead |
| 2025-09-29 | 126.36 | 76.35 | +1.40 | INCY ahead |
| 2025-09-26 | 124.57 | 75.86 | +1.34 | INCY ahead |
| 2025-09-25 | 123.00 | 74.65 | +1.37 | INCY ahead |
| 2025-09-24 | 126.77 | 76.57 | +1.41 | INCY ahead |
| 2025-09-23 | 127.34 | 78.77 | +1.24 | INCY ahead |
| 2025-09-22 | 127.62 | 79.36 | +1.21 | INCY ahead |
| 2025-09-19 | 130.34 | 79.10 | +1.39 | INCY ahead |
| 2025-09-18 | 129.54 | 80.36 | +1.24 | INCY ahead |
| 2025-09-17 | 127.73 | 78.88 | +1.28 | INCY ahead |
| 2025-09-16 | 126.37 | 78.93 | +1.20 | INCY ahead |
| 2025-09-15 | 125.23 | 78.57 | +1.18 | INCY ahead |
| 2025-09-12 | 125.17 | 79.10 | +1.13 | INCY ahead |
| 2025-09-11 | 129.79 | 80.57 | +1.26 | INCY ahead |
| 2025-09-10 | 129.91 | 77.68 | +1.51 | INCY ahead |
| 2025-09-09 | 128.94 | 80.12 | +1.26 | INCY ahead |
| 2025-09-08 | 130.38 | 79.29 | +1.40 | INCY ahead |
| 2025-09-05 | 130.50 | 79.29 | +1.42 | INCY ahead |
| 2025-09-04 | 128.69 | 77.77 | +1.46 | INCY ahead |
| 2025-09-03 | 130.98 | 78.00 | +1.56 | INCY ahead |
| 2025-09-02 | 129.51 | 77.63 | +1.53 | INCY ahead |
| 2025-08-29 | 127.44 | 80.62 | +1.19 | INCY ahead |
| 2025-08-28 | 126.07 | 79.74 | +1.20 | INCY ahead |
| 2025-08-27 | 127.79 | 79.77 | +1.29 | INCY ahead |
| 2025-08-26 | 126.53 | 79.33 | +1.26 | INCY ahead |
| 2025-08-25 | 127.67 | 79.44 | +1.32 | INCY ahead |
| 2025-08-22 | 128.09 | 80.76 | +1.24 | INCY ahead |
| 2025-08-21 | 130.34 | 78.33 | +1.54 | INCY ahead |
| 2025-08-20 | 129.84 | 81.14 | +1.31 | INCY ahead |
| 2025-08-19 | 128.72 | 81.27 | +1.26 | INCY ahead |
| 2025-08-18 | 127.91 | 81.35 | +1.22 | INCY ahead |
| 2025-08-15 | 130.92 | 80.73 | +1.41 | INCY ahead |
| 2025-08-14 | 129.78 | 80.02 | +1.42 | INCY ahead |
| 2025-08-13 | 129.31 | 80.37 | +1.38 | INCY ahead |
| 2025-08-12 | 122.93 | 78.55 | +1.23 | INCY ahead |
| 2025-08-11 | 119.28 | 76.09 | +1.24 | INCY ahead |
| 2025-08-08 | 118.08 | 75.99 | +1.20 | INCY ahead |
| 2025-08-07 | 117.79 | 75.61 | +1.22 | INCY ahead |
| 2025-08-06 | 116.96 | 74.99 | +1.24 | INCY ahead |
| 2025-08-05 | 117.07 | 77.71 | +1.04 | INCY ahead |
| 2025-08-04 | 117.55 | 77.21 | +1.11 | INCY ahead |
| 2025-08-01 | 113.86 | 77.08 | +0.94 | INCY ahead |
| 2025-07-31 | 112.80 | 78.52 | +0.79 | INCY ahead |
| 2025-07-30 | 116.81 | 80.92 | +0.82 | INCY ahead |
| 2025-07-29 | 116.55 | 82.20 | +0.73 | INCY ahead |
| 2025-07-28 | 105.68 | 83.55 | +0.07 | near the usual relationship |
| 2025-07-25 | 105.74 | 84.15 | +0.04 | near the usual relationship |
| 2025-07-24 | 106.18 | 84.85 | +0.02 | near the usual relationship |
| 2025-07-23 | 106.48 | 82.07 | +0.23 | near the usual relationship |
| 2025-07-22 | 103.78 | 79.17 | +0.30 | near the usual relationship |
| 2025-07-21 | 101.49 | 67.16 | +1.11 | INCY ahead |
| 2025-07-18 | 102.21 | 67.87 | +1.10 | INCY ahead |
| 2025-07-17 | 103.84 | 68.97 | +1.11 | INCY ahead |
| 2025-07-16 | 104.28 | 67.02 | +1.30 | INCY ahead |
| 2025-07-15 | 102.80 | 66.62 | +1.27 | INCY ahead |
| 2025-07-14 | 105.41 | 67.65 | +1.33 | INCY ahead |
| 2025-07-11 | 103.31 | 68.78 | +1.14 | INCY ahead |
| 2025-07-10 | 105.95 | 69.94 | +1.19 | INCY ahead |
| 2025-07-09 | 103.51 | 68.45 | +1.19 | INCY ahead |
| 2025-07-08 | 101.93 | 69.49 | +1.03 | INCY ahead |
| 2025-07-07 | 101.33 | 68.63 | +1.07 | INCY ahead |
| 2025-07-03 | 103.10 | 69.39 | +1.12 | INCY ahead |
| 2025-07-02 | 102.68 | 69.56 | +1.09 | INCY ahead |
| 2025-07-01 | 103.52 | 68.70 | +1.22 | INCY ahead |
| 2025-06-30 | 102.58 | 66.58 | +1.35 | INCY ahead |
| 2025-06-27 | 102.98 | 66.53 | +1.39 | INCY ahead |
| 2025-06-26 | 106.66 | 66.82 | +1.58 | INCY ahead |
| 2025-06-25 | 101.75 | 67.05 | +1.30 | INCY ahead |
| 2025-06-24 | 103.95 | 67.00 | +1.44 | INCY ahead |
| 2025-06-23 | 101.31 | 65.56 | +1.43 | INCY ahead |
| 2025-06-20 | 103.12 | 65.37 | +1.57 | INCY ahead |
| 2025-06-18 | 102.83 | 65.32 | +1.57 | INCY ahead |
| 2025-06-17 | 103.65 | 65.11 | +1.65 | INCY ahead |
| 2025-06-16 | 107.28 | 67.28 | +1.68 | INCY ahead |
| 2025-06-13 | 102.05 | 66.29 | +1.49 | INCY ahead |
| 2025-06-12 | 104.26 | 67.23 | +1.54 | INCY ahead |
| 2025-06-11 | 103.71 | 67.10 | +1.54 | INCY ahead |
| 2025-06-10 | 105.54 | 67.50 | +1.62 | INCY ahead |
| 2025-06-09 | 105.27 | 65.13 | +1.83 | INCY ahead |
| 2025-06-06 | 103.58 | 64.35 | +1.83 | INCY ahead |
| 2025-06-05 | 101.28 | 62.26 | +1.91 | INCY ahead |
| 2025-06-04 | 101.55 | 62.49 | +1.92 | INCY ahead |
| 2025-06-03 | 101.08 | 60.32 | +2.13 | INCY ahead |
| 2025-06-02 | 98.37 | 58.77 | +2.15 | INCY ahead |
| 2025-05-30 | 98.00 | 59.29 | +2.09 | INCY ahead |
| 2025-05-29 | 99.47 | 59.58 | +2.18 | INCY ahead |
| 2025-05-28 | 97.80 | 58.63 | +2.20 | INCY ahead |
| 2025-05-27 | 98.43 | 59.38 | +2.19 | INCY ahead |
| 2025-05-23 | 96.77 | 57.88 | +2.26 | INCY ahead |
| 2025-05-22 | 97.17 | 58.32 | +2.27 | INCY ahead |
| 2025-05-21 | 97.57 | 58.00 | +2.36 | INCY ahead |
| 2025-05-20 | 98.36 | 61.24 | +2.09 | INCY ahead |
| 2025-05-19 | 96.11 | 60.64 | +2.02 | INCY ahead |
| 2025-05-16 | 95.36 | 60.34 | +2.03 | INCY ahead |
| 2025-05-15 | 94.53 | 59.33 | +2.10 | INCY ahead |
| 2025-05-14 | 92.12 | 59.92 | +1.89 | INCY ahead |
| 2025-05-13 | 91.60 | 63.66 | +1.48 | INCY ahead |
| 2025-05-12 | 91.66 | 65.96 | +1.27 | INCY ahead |
| 2025-05-09 | 88.84 | 62.95 | +1.37 | INCY ahead |
| 2025-05-08 | 89.97 | 64.76 | +1.28 | INCY ahead |
| 2025-05-07 | 89.70 | 64.77 | +1.27 | INCY ahead |
| 2025-05-06 | 89.79 | 61.77 | +1.58 | INCY ahead |
| 2025-05-05 | 93.55 | 64.35 | +1.59 | INCY ahead |
| 2025-05-02 | 94.19 | 64.84 | +1.60 | INCY ahead |
| 2025-05-01 | 93.43 | 63.84 | +1.65 | INCY ahead |
| 2025-04-30 | 94.38 | 65.52 | +1.56 | INCY ahead |
| 2025-04-29 | 91.02 | 64.83 | +1.41 | INCY ahead |
| 2025-04-28 | 89.65 | 63.43 | +1.46 | INCY ahead |
| 2025-04-25 | 89.11 | 63.49 | +1.42 | INCY ahead |
| 2025-04-24 | 88.82 | 63.66 | +1.40 | INCY ahead |
| 2025-04-23 | 87.36 | 62.13 | +1.45 | INCY ahead |
| 2025-04-22 | 86.43 | 60.67 | +1.54 | INCY ahead |
| 2025-04-21 | 85.56 | 59.66 | +1.59 | INCY ahead |
| 2025-04-17 | 87.68 | 60.80 | +1.64 | INCY ahead |
| 2025-04-16 | 86.96 | 62.71 | +1.42 | INCY ahead |
| 2025-04-15 | 88.06 | 63.01 | +1.47 | INCY ahead |
| 2025-04-14 | 89.20 | 63.76 | +1.49 | INCY ahead |
| 2025-04-11 | 85.66 | 61.49 | +1.48 | INCY ahead |
| 2025-04-10 | 83.10 | 60.51 | +1.40 | INCY ahead |
| 2025-04-09 | 88.66 | 66.34 | +1.25 | INCY ahead |
| 2025-04-08 | 85.81 | 61.05 | +1.56 | INCY ahead |
| 2025-04-07 | 90.81 | 64.65 | +1.57 | INCY ahead |
| 2025-04-04 | 91.25 | 65.37 | +1.54 | INCY ahead |
| 2025-04-03 | 94.08 | 70.85 | +1.26 | INCY ahead |
| 2025-04-02 | 93.88 | 73.67 | +1.02 | INCY ahead |
| 2025-04-01 | 91.75 | 72.35 | +1.00 | INCY ahead |
| 2025-03-31 | 91.20 | 74.49 | +0.80 | INCY ahead |
| 2025-03-28 | 91.28 | 74.95 | +0.78 | INCY ahead |
| 2025-03-27 | 91.40 | 75.78 | +0.73 | INCY ahead |
| 2025-03-26 | 92.27 | 76.06 | +0.77 | INCY ahead |
| 2025-03-25 | 93.51 | 76.64 | +0.81 | INCY ahead |
| 2025-03-24 | 94.56 | 78.63 | +0.73 | INCY ahead |
| 2025-03-21 | 93.27 | 78.54 | +0.66 | INCY ahead |
| 2025-03-20 | 91.25 | 77.85 | +0.60 | INCY ahead |
| 2025-03-19 | 90.89 | 78.98 | +0.50 | INCY ahead |
| 2025-03-18 | 90.38 | 79.66 | +0.42 | near the usual relationship |
| 2025-03-17 | 93.40 | 78.12 | +0.72 | INCY ahead |
| 2025-03-14 | 102.21 | 78.24 | +1.23 | INCY ahead |
| 2025-03-13 | 101.99 | 76.65 | +1.34 | INCY ahead |
| 2025-03-12 | 102.02 | 78.34 | +1.23 | INCY ahead |
| 2025-03-11 | 102.53 | 77.52 | +1.33 | INCY ahead |
| 2025-03-10 | 107.14 | 79.76 | +1.43 | INCY ahead |
| 2025-03-07 | 106.63 | 80.96 | +1.33 | INCY ahead |
| 2025-03-06 | 105.57 | 78.36 | +1.47 | INCY ahead |
| 2025-03-05 | 105.15 | 78.52 | +1.45 | INCY ahead |
| 2025-03-04 | 104.96 | 77.56 | +1.52 | INCY ahead |
| 2025-03-03 | 105.83 | 78.10 | +1.54 | INCY ahead |
| 2025-02-28 | 110.71 | 79.77 | +1.69 | INCY ahead |
| 2025-02-27 | 110.23 | 78.80 | +1.76 | INCY ahead |
| 2025-02-26 | 111.91 | 80.68 | +1.73 | INCY ahead |
| 2025-02-25 | 112.07 | 80.68 | +1.75 | INCY ahead |
| 2025-02-24 | 111.48 | 82.28 | +1.63 | INCY ahead |
| 2025-02-21 | 108.62 | 80.71 | +1.60 | INCY ahead |
| 2025-02-20 | 107.52 | 81.97 | +1.47 | INCY ahead |
| 2025-02-19 | 105.68 | 83.02 | +1.30 | INCY ahead |
| 2025-02-18 | 107.35 | 81.60 | +1.51 | INCY ahead |
| 2025-02-14 | 106.07 | 81.73 | +1.44 | INCY ahead |
| 2025-02-13 | 105.45 | 82.83 | +1.34 | INCY ahead |
| 2025-02-12 | 104.01 | 83.58 | +1.22 | INCY ahead |
| 2025-02-11 | 99.91 | 84.87 | +0.90 | INCY ahead |
| 2025-02-10 | 102.88 | 87.44 | +0.90 | INCY ahead |
| 2025-02-07 | 111.66 | 87.94 | +1.36 | INCY ahead |
| 2025-02-06 | 112.89 | 88.71 | +1.38 | INCY ahead |
| 2025-02-05 | 113.36 | 86.80 | +1.55 | INCY ahead |
| 2025-02-04 | 111.64 | 84.52 | +1.64 | INCY ahead |
| 2025-02-03 | 111.07 | 84.12 | +1.65 | INCY ahead |
| 2025-01-31 | 111.70 | 85.07 | +1.63 | INCY ahead |
| 2025-01-30 | 111.12 | 85.25 | +1.60 | INCY ahead |
| 2025-01-29 | 111.04 | 83.68 | +1.73 | INCY ahead |
| 2025-01-28 | 110.18 | 85.95 | +1.53 | INCY ahead |
| 2025-01-27 | 109.41 | 87.46 | +1.39 | INCY ahead |
| 2025-01-24 | 109.34 | 86.33 | +1.47 | INCY ahead |
| 2025-01-23 | 109.25 | 87.03 | +1.43 | INCY ahead |
| 2025-01-22 | 109.07 | 86.79 | +1.45 | INCY ahead |
| 2025-01-21 | 110.66 | 86.90 | +1.54 | INCY ahead |
| 2025-01-17 | 108.34 | 83.38 | +1.69 | INCY ahead |
| 2025-01-16 | 109.16 | 83.51 | +1.74 | INCY ahead |
| 2025-01-15 | 109.14 | 82.85 | +1.81 | INCY ahead |
| 2025-01-14 | 108.34 | 83.64 | +1.71 | INCY ahead |
| 2025-01-13 | 109.01 | 86.46 | +1.55 | INCY ahead |
| 2025-01-10 | 106.25 | 85.88 | +1.44 | INCY ahead |
| 2025-01-08 | 110.15 | 86.32 | +1.65 | INCY ahead |
| 2025-01-07 | 110.24 | 85.62 | +1.73 | INCY ahead |
| 2025-01-06 | 108.31 | 84.19 | +1.73 | INCY ahead |
| 2025-01-03 | 104.88 | 83.40 | +1.60 | INCY ahead |
| 2025-01-02 | 104.73 | 82.44 | +1.68 | INCY ahead |
| 2024-12-31 | 104.04 | 83.02 | +1.60 | INCY ahead |
| 2024-12-30 | 103.06 | 83.42 | +1.52 | INCY ahead |
| 2024-12-27 | 104.28 | 84.24 | +1.55 | INCY ahead |
| 2024-12-26 | 104.77 | 84.60 | +1.56 | INCY ahead |
| 2024-12-24 | 105.30 | 84.49 | +1.62 | INCY ahead |
| 2024-12-23 | 105.20 | 84.12 | +1.66 | INCY ahead |
| 2024-12-20 | 103.69 | 83.35 | +1.64 | INCY ahead |
| 2024-12-19 | 101.01 | 80.92 | +1.68 | INCY ahead |
| 2024-12-18 | 101.75 | 80.68 | +1.77 | INCY ahead |
| 2024-12-17 | 104.53 | 83.08 | +1.77 | INCY ahead |
| 2024-12-16 | 105.14 | 83.27 | +1.82 | INCY ahead |
| 2024-12-13 | 103.25 | 84.10 | +1.63 | INCY ahead |
| 2024-12-12 | 106.69 | 84.66 | +1.84 | INCY ahead |
| 2024-12-11 | 109.19 | 84.95 | +2.00 | INCY ahead |
| 2024-12-10 | 109.17 | 85.85 | +1.95 | INCY ahead |
| 2024-12-09 | 108.62 | 87.22 | +1.82 | INCY ahead |
| 2024-12-06 | 114.35 | 85.61 | +2.36 | INCY ahead |
| 2024-12-05 | 112.85 | 84.47 | +2.40 | INCY ahead |
| 2024-12-04 | 112.40 | 85.84 | +2.29 | INCY ahead |
| 2024-12-03 | 108.50 | 84.74 | +2.14 | INCY ahead |
| 2024-12-02 | 110.32 | 85.25 | +2.26 | INCY ahead |
| 2024-11-29 | 112.35 | 84.85 | +2.47 | INCY ahead |
| 2024-11-27 | 113.65 | 85.10 | +2.58 | INCY ahead |
| 2024-11-26 | 112.67 | 85.02 | +2.57 | INCY ahead |
| 2024-11-25 | 110.74 | 86.20 | +2.36 | INCY ahead |
| 2024-11-22 | 108.03 | 85.27 | +2.28 | INCY ahead |
| 2024-11-21 | 106.03 | 83.48 | +2.33 | INCY ahead |
| 2024-11-20 | 107.02 | 82.12 | +2.59 | INCY ahead |
| 2024-11-19 | 106.28 | 80.84 | +2.71 | INCY ahead |
| 2024-11-18 | 115.94 | 80.71 | +3.56 | INCY ahead |
| 2024-11-15 | 114.28 | 81.41 | +3.45 | INCY ahead |
| 2024-11-14 | 117.08 | 85.74 | +3.28 | INCY ahead |
| 2024-11-13 | 121.22 | 89.36 | +3.31 | INCY ahead |
| 2024-11-12 | 121.37 | 90.23 | +3.31 | INCY ahead |
| 2024-11-11 | 122.80 | 91.68 | +3.35 | INCY ahead |
| 2024-11-08 | 125.59 | 92.62 | +3.57 | INCY ahead |
| 2024-11-07 | 124.02 | 91.97 | +3.62 | INCY ahead |
| 2024-11-06 | 121.93 | 93.48 | +3.37 | INCY ahead |
| 2024-11-05 | 116.40 | 89.94 | +3.37 | INCY ahead |
| 2024-11-04 | 114.10 | 88.80 | +3.37 | INCY ahead |
| 2024-11-01 | 114.67 | 88.37 | +3.56 | INCY ahead |
| 2024-10-31 | 111.64 | 86.96 | +3.52 | INCY ahead |
| 2024-10-30 | 111.36 | 91.28 | +3.00 | INCY ahead |
| 2024-10-29 | 110.86 | 91.40 | +2.98 | INCY ahead |
| 2024-10-28 | 98.95 | 91.91 | +1.60 | INCY ahead |
| 2024-10-25 | 98.01 | 90.68 | +1.65 | INCY ahead |
| 2024-10-24 | 98.27 | 89.45 | +1.85 | INCY ahead |
| 2024-10-23 | 98.16 | 96.46 | +0.95 | INCY ahead |
| 2024-10-22 | 98.79 | 96.46 | +1.03 | INCY ahead |
| 2024-10-21 | 98.31 | 97.68 | +0.82 | INCY ahead |
| 2024-10-18 | 100.00 | 100.00 | +0.74 | INCY ahead |
One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Oct 29, 2024 (INCY +12.0%, IQV -0.6%); Jul 22, 2025 (INCY +2.3%, IQV +17.9%); Jul 29, 2025 (INCY +10.3%, IQV -1.6%); Feb 3, 2026 (INCY -1.7%, IQV -11.9%); Feb 5, 2026 (INCY +0.2%, IQV -10.7%). Upcoming earnings: IQV Oct 27, 2026 (pre-market); INCY 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)
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
INCY and IQV at a glance
INCY Incyte Corp.
- Listing
- Nasdaq · SEC CIK 879169
- Industry
- Biotechnology: Commercial Physical & Biological Resarch · SIC 8731 Services-Commercial Physical & Biological Research
- Market value
- $23.0B
- Price history
- 2,521 daily closes, Oct 12, 2016 to Oct 22, 2026
IQV IQVIA Holdings Inc.
- Listing
- NYSE · SEC CIK 1478242
- Industry
- Biotechnology: Commercial Physical & Biological Resarch · SIC 8731 Services-Commercial Physical & Biological Research
- Market value
- $43.8B
- 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 INCY and IQV
| Pair | Status | Ahead now | Industry |
|---|---|---|---|
| IQV / MEDP | Watchlist | IQV by 1.21 sd | Biotechnology: Commercial Physical & Biological Resarch |
| INCY / MEDP | Watchlist | MEDP by 0.92 sd | Biotechnology: Commercial Physical & Biological Resarch |
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.
