SIC 7371 Services-Computer Programming Services

Infosys Limited vs Zscaler Inc.

WatchlistINFY / ZSPrices through Oct 22, 2026

Why these are rivals: #1 and #2 by market value ($49B vs $35B) with SEC SIC 7371 (Services-Computer Programming Services).

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: 0.24 (needs >= 0.60)
  • Mean reversion: ADF t-statistic of the spread: -1.59 (needs <= -2.873 (5% critical value))
Business leadership

Business size

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

YearINFYZSLarger
2025-$2.7B-
2024-$2.2B-
2023-$1.6B-
2022-$1.1B-
2021-$673M-
2020-$431M-

Market value: INFY $49.5B, ZS $34.7B.

Stock leadership

ZS is ahead now

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

ZS leads INFY by 1.44 standard deviations: +36.1% over its usual price ratio. 2 lead switches in the last year.

Price change3 mo6 mo12 mo
INFY+19.0%+2.2%-24.1%
ZS+67.1%+78.8%-23.4%
Relationship

Not a measured twin today

Only these tests can make a pair tradable on paper.

Pass
Aligned sessions: 2163 (needs >= 254)
Fail
Co-movement: daily return correlation, 252 sessions: 0.24 (needs >= 0.60)
Fail
Mean reversion: ADF t-statistic of the spread: -1.58 (needs <= -2.873 (5% critical value))
Pass
Speed: half-life of the spread, sessions: 30.65 (needs <= 63)
Data
Both stocks current
The twins over two years

Prices side by side, and the gap between them

INFY Infosys Limited ZS Zscaler Inc.Price index, 100 = 2024-10-18. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
50100150Oct 2024Oct 2025Oct 2026INFY 59ZS 125
Spread z-score: INFY relative to ZS, against the 252 sessions before each day. Above 0: INFY ahead; below 0: ZS ahead. Lines at +/-2 (idea) and +/-4 (stop).
-4stop-2idea0+2idea+4stopOct 2024Oct 2025Oct 2026
Data table (504 sessions)
DateINFY indexZS indexzAhead
2026-10-2258.73125.13-1.44ZS ahead
2026-10-2156.64121.75-1.48ZS ahead
2026-10-2056.24112.89-1.15ZS ahead
2026-10-1954.20111.85-1.28ZS ahead
2026-10-1654.38109.14-1.15ZS ahead
2026-10-1553.89116.01-1.47ZS ahead
2026-10-1451.00116.20-1.74ZS ahead
2026-10-1350.64120.34-1.94ZS ahead
2026-10-1248.11118.83-2.13ZS ahead
2026-10-0947.67123.01-2.35ZS ahead
2026-10-0847.53114.10-2.02ZS ahead
2026-10-0746.87112.39-2.02ZS ahead
2026-10-0646.87111.70-2.00ZS ahead
2026-10-0547.80106.20-1.67ZS ahead
2026-10-0249.04103.47-1.42ZS ahead
2026-10-0150.42104.62-1.34ZS ahead
2026-09-3047.80104.95-1.60ZS ahead
2026-09-2947.27104.39-1.64ZS ahead
2026-09-2846.73104.94-1.72ZS ahead
2026-09-2546.65101.60-1.58ZS ahead
2026-09-2446.65112.96-2.10ZS ahead
2026-09-2347.76112.86-2.00ZS ahead
2026-09-2247.80110.62-1.90ZS ahead
2026-09-2148.38109.01-1.79ZS ahead
2026-09-1848.07103.84-1.59ZS ahead
2026-09-1749.18103.93-1.49ZS ahead
2026-09-1649.22100.83-1.34ZS ahead
2026-09-1550.29102.04-1.29ZS ahead
2026-09-1451.53100.91-1.12ZS ahead
2026-09-1149.1886.60-0.60ZS ahead
2026-09-1048.4786.04-0.63ZS ahead
2026-09-0948.5687.42-0.70ZS ahead
2026-09-0849.4485.23-0.48near the usual relationship
2026-09-0451.9889.36-0.47near the usual relationship
2026-09-0353.7193.57-0.53ZS ahead
2026-09-0253.1890.91-0.44near the usual relationship
2026-09-0153.3193.87-0.58ZS ahead
2026-08-3153.5899.14-0.81ZS ahead
2026-08-2853.5396.96-0.71ZS ahead
2026-08-2752.8798.57-0.85ZS ahead
2026-08-2651.9389.63-0.48near the usual relationship
2026-08-2553.4488.64-0.28near the usual relationship
2026-08-2452.5192.66-0.58ZS ahead
2026-08-2153.0495.65-0.68ZS ahead
2026-08-2052.5592.07-0.54ZS ahead
2026-08-1953.4497.15-0.71ZS ahead
2026-08-1852.5597.73-0.82ZS ahead
2026-08-1751.6297.07-0.87ZS ahead
2026-08-1453.7196.63-0.66ZS ahead
2026-08-1355.1399.04-0.65ZS ahead
2026-08-1254.5593.32-0.41near the usual relationship
2026-08-1155.9893.97-0.32near the usual relationship
2026-08-1055.8092.98-0.28near the usual relationship
2026-08-0755.6688.77-0.07near the usual relationship
2026-08-0654.9185.57+0.05near the usual relationship
2026-08-0555.4485.07+0.13near the usual relationship
2026-08-0455.9885.90+0.13near the usual relationship
2026-08-0354.4281.29+0.26near the usual relationship
2026-07-3153.4479.57+0.28near the usual relationship
2026-07-3053.0978.10+0.34near the usual relationship
2026-07-2955.9880.93+0.43near the usual relationship
2026-07-2854.8679.80+0.40near the usual relationship
2026-07-2751.9877.52+0.29near the usual relationship
2026-07-2449.3674.90+0.21near the usual relationship
2026-07-2347.4073.52+0.12near the usual relationship
2026-07-2248.5674.87+0.15near the usual relationship
2026-07-2149.5878.27+0.04near the usual relationship
2026-07-2050.2478.85+0.07near the usual relationship
2026-07-1751.0478.91+0.14near the usual relationship
2026-07-1651.2277.06+0.27near the usual relationship
2026-07-1549.0477.99+0.02near the usual relationship
2026-07-1449.0980.04-0.09near the usual relationship
2026-07-1351.0974.64+0.42near the usual relationship
2026-07-1048.6073.30+0.28near the usual relationship
2026-07-0949.4477.43+0.11near the usual relationship
2026-07-0848.5675.55+0.14near the usual relationship
2026-07-0750.0778.68+0.10near the usual relationship
2026-07-0648.3379.16-0.08near the usual relationship
2026-07-0249.5877.54+0.13near the usual relationship
2026-07-0147.3177.07-0.05near the usual relationship
2026-06-3046.6074.29+0.05near the usual relationship
2026-06-2947.5372.42+0.26near the usual relationship
2026-06-2647.8969.61+0.47near the usual relationship
2026-06-2546.9665.15+0.69INFY ahead
2026-06-2448.5666.98+0.72INFY ahead
2026-06-2347.9366.40+0.71INFY ahead
2026-06-2247.8565.29+0.78INFY ahead
2026-06-1846.9665.71+0.67INFY ahead
2026-06-1751.9865.46+1.15INFY ahead
2026-06-1653.1866.96+1.16INFY ahead
2026-06-1551.5368.64+0.92INFY ahead
2026-06-1252.1568.16+1.01INFY ahead
2026-06-1151.5366.37+1.09INFY ahead
2026-06-1052.2465.64+1.21INFY ahead
2026-06-0954.3866.23+1.36INFY ahead
2026-06-0854.5568.02+1.26INFY ahead
2026-06-0555.0968.83+1.26INFY ahead
2026-06-0455.8471.19+1.18INFY ahead
2026-06-0355.3570.72+1.18INFY ahead
2026-06-0258.1175.86+1.09INFY ahead
2026-06-0159.5781.95+0.86INFY ahead
2026-05-2956.2073.54+1.09INFY ahead
2026-05-2856.4268.44+1.45INFY ahead
2026-05-2755.0466.53+1.48INFY ahead
2026-05-2653.6797.15-0.38near the usual relationship
2026-05-2256.2995.98-0.11near the usual relationship
2026-05-2156.1590.00+0.18near the usual relationship
2026-05-2056.7391.81+0.13near the usual relationship
2026-05-1956.5192.23+0.10near the usual relationship
2026-05-1855.9391.94+0.06near the usual relationship
2026-05-1553.6284.76+0.24near the usual relationship
2026-05-1451.8080.89+0.30near the usual relationship
2026-05-1352.6980.22+0.41near the usual relationship
2026-05-1253.5376.93+0.68INFY ahead
2026-05-1154.6478.35+0.70INFY ahead
2026-05-0857.0080.06+0.79INFY ahead
2026-05-0755.8480.41+0.68INFY ahead
2026-05-0656.1573.06+1.15INFY ahead
2026-05-0555.3574.40+1.01INFY ahead
2026-05-0454.3874.84+0.90INFY ahead
2026-05-0155.4473.58+1.07INFY ahead
2026-04-3055.3568.78+1.39INFY ahead
2026-04-2954.8270.91+1.21INFY ahead
2026-04-2854.4271.61+1.13INFY ahead
2026-04-2754.5570.58+1.21INFY ahead
2026-04-2457.1371.31+1.39INFY ahead
2026-04-2357.4969.98+1.51INFY ahead
2026-04-2259.8875.08+1.38INFY ahead
2026-04-2162.5173.48+1.69INFY ahead
2026-04-2063.1370.94+1.92INFY ahead
2026-04-1764.2470.88+2.03INFY ahead
2026-04-1663.8870.70+2.03INFY ahead
2026-04-1563.5768.95+2.15INFY ahead
2026-04-1461.9364.57+2.37INFY ahead
2026-04-1362.0664.53+2.41INFY ahead
2026-04-1059.0462.13+2.37INFY ahead
2026-04-0961.1364.33+2.39INFY ahead
2026-04-0862.1972.55+1.88INFY ahead
2026-04-0762.0274.78+1.72INFY ahead
2026-04-0660.8673.43+1.72INFY ahead
2026-04-0261.0472.92+1.78INFY ahead
2026-04-0159.0871.93+1.69INFY ahead
2026-03-3160.0273.83+1.64INFY ahead
2026-03-3058.8672.24+1.66INFY ahead
2026-03-2757.0070.08+1.66INFY ahead
2026-03-2658.4674.47+1.48INFY ahead
2026-03-2558.5173.39+1.56INFY ahead
2026-03-2458.1173.37+1.53INFY ahead
2026-03-2359.0879.89+1.18INFY ahead
2026-03-2058.2979.72+1.11INFY ahead
2026-03-1957.9781.79+0.95INFY ahead
2026-03-1857.4082.10+0.88INFY ahead
2026-03-1758.6482.10+0.98INFY ahead
2026-03-1658.9180.89+1.08INFY ahead
2026-03-1358.9580.92+1.07INFY ahead
2026-03-1259.7179.79+1.21INFY ahead
2026-03-1161.6280.95+1.29INFY ahead
2026-03-1062.3782.42+1.25INFY ahead
2026-03-0964.0685.58+1.19INFY ahead
2026-03-0664.1586.34+1.15INFY ahead
2026-03-0563.9785.24+1.19INFY ahead
2026-03-0463.6682.21+1.34INFY ahead
2026-03-0363.1781.40+1.34INFY ahead
2026-03-0263.0478.20+1.52INFY ahead
2026-02-2764.1577.36+1.66INFY ahead
2026-02-2665.3088.08+1.09INFY ahead
2026-02-2563.2681.94+1.28INFY ahead
2026-02-2461.4878.61+1.34INFY ahead
2026-02-2361.7975.41+1.56INFY ahead
2026-02-2065.0884.07+1.28INFY ahead
2026-02-1964.6488.94+0.97INFY ahead
2026-02-1866.8690.59+1.04INFY ahead
2026-02-1765.5390.83+0.92INFY ahead
2026-02-1365.3993.53+0.76INFY ahead
2026-02-1263.1389.94+0.77INFY ahead
2026-02-1170.0190.00+1.25INFY ahead
2026-02-1073.7991.75+1.40INFY ahead
2026-02-0972.4689.56+1.42INFY ahead
2026-02-0674.8188.06+1.64INFY ahead
2026-02-0574.6389.15+1.57INFY ahead
2026-02-0474.3797.78+1.11INFY ahead
2026-02-0376.9498.97+1.20INFY ahead
2026-02-0281.47105.58+1.16INFY ahead
2026-01-3078.10105.26+0.97INFY ahead
2026-01-2978.85105.59+0.99INFY ahead
2026-01-2879.65112.60+0.74INFY ahead
2026-01-2781.08115.61+0.69INFY ahead
2026-01-2682.41112.92+0.86INFY ahead
2026-01-2381.03110.32+0.87INFY ahead
2026-01-2281.25109.63+0.91INFY ahead
2026-01-2181.34109.82+0.89INFY ahead
2026-01-2080.90108.58+0.91INFY ahead
2026-01-1682.76112.62+0.84INFY ahead
2026-01-1583.61110.83+0.93INFY ahead
2026-01-1485.96112.77+0.97INFY ahead
2026-01-1377.83114.12+0.49near the usual relationship
2026-01-1279.08114.01+0.54INFY ahead
2026-01-0979.21114.06+0.54INFY ahead
2026-01-0880.14115.95+0.51INFY ahead
2026-01-0780.99121.66+0.35near the usual relationship
2026-01-0680.41116.85+0.47near the usual relationship
2026-01-0578.54117.24+0.35near the usual relationship
2026-01-0280.63116.08+0.49near the usual relationship
2025-12-3179.16118.37+0.33near the usual relationship
2025-12-3080.14119.69+0.32near the usual relationship
2025-12-2981.87120.00+0.39near the usual relationship
2025-12-2683.47121.32+0.41near the usual relationship
2025-12-2482.94120.84+0.39near the usual relationship
2025-12-2382.50120.69+0.37near the usual relationship
2025-12-2285.12122.13+0.43near the usual relationship
2025-12-1989.83122.39+0.62INFY ahead
2025-12-1885.21121.62+0.44near the usual relationship
2025-12-1780.94119.17+0.31near the usual relationship
2025-12-1678.94122.51+0.11near the usual relationship
2025-12-1578.99121.21+0.15near the usual relationship
2025-12-1278.99124.35+0.05near the usual relationship
2025-12-1179.08127.40-0.04near the usual relationship
2025-12-1080.28128.04-0.01near the usual relationship
2025-12-0978.85127.89-0.08near the usual relationship
2025-12-0878.72128.88-0.11near the usual relationship
2025-12-0580.28127.72-0.02near the usual relationship
2025-12-0481.25127.28+0.03near the usual relationship
2025-12-0378.45128.24-0.12near the usual relationship
2025-12-0277.34127.19-0.15near the usual relationship
2025-12-0177.52128.04-0.17near the usual relationship
2025-11-2877.65132.36-0.29near the usual relationship
2025-11-2677.39132.61-0.31near the usual relationship
2025-11-2576.77152.48-0.83ZS ahead
2025-11-2476.72147.54-0.73ZS ahead
2025-11-2178.63144.73-0.58ZS ahead
2025-11-2076.10147.22-0.76ZS ahead
2025-11-1976.90153.58-0.88ZS ahead
2025-11-1875.30154.26-0.97ZS ahead
2025-11-1774.50155.21-1.04ZS ahead
2025-11-1473.97157.60-1.13ZS ahead
2025-11-1375.34162.41-1.17ZS ahead
2025-11-1275.92166.88-1.25ZS ahead
2025-11-1175.57174.35-1.43ZS ahead
2025-11-1074.46173.10-1.47ZS ahead
2025-11-0773.30168.42-1.44ZS ahead
2025-11-0671.88167.32-1.50ZS ahead
2025-11-0572.95170.46-1.53ZS ahead
2025-11-0472.41172.78-1.61ZS ahead
2025-11-0372.90176.97-1.69ZS ahead
2025-10-3173.61174.28-1.62ZS ahead
2025-10-3073.92169.49-1.52ZS ahead
2025-10-2974.99168.92-1.47ZS ahead
2025-10-2875.03173.14-1.56ZS ahead
2025-10-2775.70171.74-1.52ZS ahead
2025-10-2477.65169.99-1.40ZS ahead
2025-10-2377.88167.76-1.36ZS ahead
2025-10-2277.61162.05-1.26ZS ahead
2025-10-2177.34163.34-1.31ZS ahead
2025-10-2075.12160.99-1.37ZS ahead
2025-10-1772.55158.02-1.44ZS ahead
2025-10-1671.39157.49-1.50ZS ahead
2025-10-1573.03159.12-1.46ZS ahead
2025-10-1473.21158.83-1.46ZS ahead
2025-10-1374.54164.75-1.54ZS ahead
2025-10-1073.66163.09-1.56ZS ahead
2025-10-0975.79165.89-1.53ZS ahead
2025-10-0874.37165.20-1.59ZS ahead
2025-10-0772.81154.07-1.43ZS ahead
2025-10-0674.14160.64-1.53ZS ahead
2025-10-0372.10160.73-1.64ZS ahead
2025-10-0271.75161.88-1.70ZS ahead
2025-10-0172.72160.27-1.63ZS ahead
2025-09-3072.28157.71-1.61ZS ahead
2025-09-2972.50156.25-1.58ZS ahead
2025-09-2673.39155.07-1.52ZS ahead
2025-09-2573.48150.87-1.43ZS ahead
2025-09-2475.66149.69-1.31ZS ahead
2025-09-2374.99152.25-1.41ZS ahead
2025-09-2276.19153.45-1.39ZS ahead
2025-09-1975.39154.87-1.47ZS ahead
2025-09-1878.05153.21-1.32ZS ahead
2025-09-1778.54147.08-1.17ZS ahead
2025-09-1675.79148.39-1.33ZS ahead
2025-09-1575.17150.34-1.42ZS ahead
2025-09-1275.34149.04-1.39ZS ahead
2025-09-1175.83150.87-1.42ZS ahead
2025-09-1075.43146.72-1.35ZS ahead
2025-09-0975.57148.57-1.40ZS ahead
2025-09-0874.59148.20-1.44ZS ahead
2025-09-0572.77144.31-1.45ZS ahead
2025-09-0473.70141.18-1.34ZS ahead
2025-09-0373.92142.40-1.37ZS ahead
2025-09-0275.03144.50-1.38ZS ahead
2025-08-2974.72145.81-1.44ZS ahead
2025-08-2875.52147.58-1.46ZS ahead
2025-08-2777.12143.71-1.30ZS ahead
2025-08-2676.50140.88-1.27ZS ahead
2025-08-2576.99141.92-1.29ZS ahead
2025-08-2277.03143.42-1.33ZS ahead
2025-08-2175.74142.28-1.38ZS ahead
2025-08-2075.57144.10-1.44ZS ahead
2025-08-1973.75144.69-1.56ZS ahead
2025-08-1872.90145.80-1.65ZS ahead
2025-08-1573.57144.71-1.60ZS ahead
2025-08-1472.68142.62-1.61ZS ahead
2025-08-1372.77146.19-1.71ZS ahead
2025-08-1271.39144.96-1.77ZS ahead
2025-08-1170.99142.72-1.75ZS ahead
2025-08-0871.04141.94-1.74ZS ahead
2025-08-0771.17143.41-1.79ZS ahead
2025-08-0671.39152.27-2.03ZS ahead
2025-08-0571.97148.39-1.92ZS ahead
2025-08-0473.21150.44-1.93ZS ahead
2025-08-0172.90147.50-1.89ZS ahead
2025-07-3174.28150.29-1.92ZS ahead
2025-07-3075.30151.43-1.91ZS ahead
2025-07-2976.45152.66-1.91ZS ahead
2025-07-2876.23152.12-1.93ZS ahead
2025-07-2577.17150.62-1.87ZS ahead
2025-07-2478.54149.62-1.79ZS ahead
2025-07-2381.96149.13-1.63ZS ahead
2025-07-2281.12150.37-1.72ZS ahead
2025-07-2180.81151.80-1.79ZS ahead
2025-07-1880.90151.95-1.81ZS ahead
2025-07-1782.05150.67-1.73ZS ahead
2025-07-1682.19151.44-1.77ZS ahead
2025-07-1580.94152.04-1.86ZS ahead
2025-07-1480.01153.22-1.97ZS ahead
2025-07-1180.81152.49-1.93ZS ahead
2025-07-1080.41155.88-2.06ZS ahead
2025-07-0983.61166.57-2.21ZS ahead
2025-07-0883.92164.43-2.16ZS ahead
2025-07-0783.61166.02-2.25ZS ahead
2025-07-0384.23165.66-2.24ZS ahead
2025-07-0283.87162.80-2.21ZS ahead
2025-07-0183.96161.74-2.21ZS ahead
2025-06-3082.32165.22-2.42ZS ahead
2025-06-2782.27165.95-2.49ZS ahead
2025-06-2682.63165.18-2.48ZS ahead
2025-06-2582.23164.19-2.52ZS ahead
2025-06-2481.30162.34-2.56ZS ahead
2025-06-2380.41163.39-2.69ZS ahead
2025-06-2078.54159.43-2.74ZS ahead
2025-06-1881.87160.73-2.62ZS ahead
2025-06-1782.94161.73-2.63ZS ahead
2025-06-1683.30160.53-2.61ZS ahead
2025-06-1381.83158.91-2.70ZS ahead
2025-06-1282.45158.64-2.70ZS ahead
2025-06-1182.67157.81-2.71ZS ahead
2025-06-1082.23156.82-2.75ZS ahead
2025-06-0981.25157.83-2.90ZS ahead
2025-06-0680.85159.48-3.05ZS ahead
2025-06-0579.65158.35-3.17ZS ahead
2025-06-0479.30156.23-3.19ZS ahead
2025-06-0380.14155.27-3.17ZS ahead
2025-06-0280.81154.30-3.16ZS ahead
2025-05-3080.81145.10-2.85ZS ahead
2025-05-2982.01132.16-2.22ZS ahead
2025-05-2881.56133.49-2.35ZS ahead
2025-05-2782.14135.41-2.43ZS ahead
2025-05-2380.45133.73-2.52ZS ahead
2025-05-2280.14133.06-2.55ZS ahead
2025-05-2180.68130.90-2.43ZS ahead
2025-05-2081.03132.60-2.52ZS ahead
2025-05-1981.43132.92-2.54ZS ahead
2025-05-1681.34132.36-2.56ZS ahead
2025-05-1583.16129.42-2.29ZS ahead
2025-05-1482.01128.65-2.37ZS ahead
2025-05-1381.65128.94-2.45ZS ahead
2025-05-1282.85127.09-2.28ZS ahead
2025-05-0977.70122.66-2.52ZS ahead
2025-05-0877.70122.70-2.56ZS ahead
2025-05-0778.68122.91-2.51ZS ahead
2025-05-0678.94122.68-2.51ZS ahead
2025-05-0579.30122.61-2.51ZS ahead
2025-05-0279.43121.29-2.45ZS ahead
2025-05-0178.19119.50-2.49ZS ahead
2025-04-3078.19119.03-2.49ZS ahead
2025-04-2978.05117.81-2.46ZS ahead
2025-04-2876.99115.71-2.45ZS ahead
2025-04-2577.30113.46-2.30ZS ahead
2025-04-2477.12110.59-2.14ZS ahead
2025-04-2376.54105.57-1.85ZS ahead
2025-04-2274.90103.43-1.87ZS ahead
2025-04-2173.66101.94-1.90ZS ahead
2025-04-1771.70105.83-2.45ZS ahead
2025-04-1673.66106.77-2.33ZS ahead
2025-04-1575.66107.70-2.21ZS ahead
2025-04-1475.57104.96-2.02ZS ahead
2025-04-1174.99104.25-2.05ZS ahead
2025-04-1075.43102.82-1.89ZS ahead
2025-04-0978.45106.37-1.86ZS ahead
2025-04-0872.9593.17-1.36ZS ahead
2025-04-0774.5494.76-1.33ZS ahead
2025-04-0473.6691.93-1.17ZS ahead
2025-04-0377.08101.16-1.60ZS ahead
2025-04-0281.70108.96-1.74ZS ahead
2025-04-0180.85105.82-1.58ZS ahead
2025-03-3181.08104.43-1.45ZS ahead
2025-03-2880.72109.02-1.86ZS ahead
2025-03-2782.94110.23-1.72ZS ahead
2025-03-2682.90111.34-1.82ZS ahead
2025-03-2583.65113.54-1.91ZS ahead
2025-03-2482.59110.45-1.80ZS ahead
2025-03-2181.39107.99-1.74ZS ahead
2025-03-2080.23107.13-1.80ZS ahead
2025-03-1982.50107.34-1.59ZS ahead
2025-03-1881.96106.09-1.55ZS ahead
2025-03-1782.50106.65-1.54ZS ahead
2025-03-1481.74104.11-1.42ZS ahead
2025-03-1381.2599.77-1.10ZS ahead
2025-03-1282.19104.09-1.37ZS ahead
2025-03-1184.27104.92-1.22ZS ahead
2025-03-1086.36102.46-0.80ZS ahead
2025-03-0788.23109.87-1.22ZS ahead
2025-03-0687.74106.39-0.98ZS ahead
2025-03-0589.12103.39-0.59ZS ahead
2025-03-0487.56102.01-0.61ZS ahead
2025-03-0388.0999.36-0.32near the usual relationship
2025-02-2889.29103.27-0.52ZS ahead
2025-02-2791.07101.06-0.16near the usual relationship
2025-02-2692.27103.06-0.21near the usual relationship
2025-02-2592.27101.59-0.08near the usual relationship
2025-02-2492.54103.71-0.22near the usual relationship
2025-02-2194.05104.50-0.14near the usual relationship
2025-02-2094.85108.93-0.40near the usual relationship
2025-02-1994.22112.98-0.73ZS ahead
2025-02-1895.11114.14-0.72ZS ahead
2025-02-1495.82111.94-0.50ZS ahead
2025-02-1396.58113.07-0.50ZS ahead
2025-02-1296.62111.12-0.35near the usual relationship
2025-02-1197.60110.12-0.20near the usual relationship
2025-02-1097.16111.85-0.34near the usual relationship
2025-02-0796.98108.17-0.10near the usual relationship
2025-02-0698.80107.48+0.09near the usual relationship
2025-02-0599.11107.88+0.10near the usual relationship
2025-02-0499.42107.22+0.17near the usual relationship
2025-02-0397.69105.26+0.18near the usual relationship
2025-01-3197.51106.62+0.09near the usual relationship
2025-01-3096.93106.75+0.04near the usual relationship
2025-01-2996.40106.12+0.05near the usual relationship
2025-01-2895.65107.72-0.11near the usual relationship
2025-01-2795.69100.65+0.39near the usual relationship
2025-01-2496.31101.82+0.36near the usual relationship
2025-01-2396.76101.42+0.42near the usual relationship
2025-01-2296.00101.54+0.37near the usual relationship
2025-01-2193.96100.95+0.26near the usual relationship
2025-01-1794.1498.72+0.44near the usual relationship
2025-01-1695.8298.71+0.56INFY ahead
2025-01-15101.6999.99+0.89INFY ahead
2025-01-14100.0097.20+0.98INFY ahead
2025-01-13100.8098.15+0.97INFY ahead
2025-01-10100.8499.98+0.85INFY ahead
2025-01-08101.2098.56+0.98INFY ahead
2025-01-07100.4496.78+1.06INFY ahead
2025-01-06101.0799.32+0.94INFY ahead
2025-01-03100.5397.81+1.01INFY ahead
2025-01-02100.4995.61+1.17INFY ahead
2024-12-3197.3894.95+1.01INFY ahead
2024-12-3098.1896.38+0.98INFY ahead
2024-12-2799.8797.13+1.05INFY ahead
2024-12-26100.5898.75+0.99INFY ahead
2024-12-24101.1698.55+1.05INFY ahead
2024-12-23101.2097.86+1.11INFY ahead
2024-12-20100.9898.62+1.05INFY ahead
2024-12-19104.0496.42+1.41INFY ahead
2024-12-18100.6297.73+1.11INFY ahead
2024-12-17102.75105.49+0.75INFY ahead
2024-12-16103.73107.58+0.69INFY ahead
2024-12-13103.95104.49+0.90INFY ahead
2024-12-12103.29108.60+0.61INFY ahead
2024-12-11103.78109.43+0.60INFY ahead
2024-12-10103.24105.99+0.78INFY ahead
2024-12-09102.89108.48+0.61INFY ahead
2024-12-06101.55111.57+0.35near the usual relationship
2024-12-05101.55108.21+0.55INFY ahead
2024-12-04100.04108.60+0.44near the usual relationship
2024-12-0398.27104.54+0.57INFY ahead
2024-12-0298.62109.74+0.29near the usual relationship
2024-11-2998.05108.73+0.31near the usual relationship
2024-11-27101.02107.87+0.56INFY ahead
2024-11-26102.98110.68+0.52INFY ahead
2024-11-25101.47110.74+0.43near the usual relationship
2024-11-22101.24111.03+0.40near the usual relationship
2024-11-2197.56109.10+0.28near the usual relationship
2024-11-2097.69105.75+0.49near the usual relationship
2024-11-1996.53107.55+0.31near the usual relationship
2024-11-1895.96106.76+0.32near the usual relationship
2024-11-1595.65106.03+0.35near the usual relationship
2024-11-1496.93109.73+0.22near the usual relationship
2024-11-1397.91110.44+0.24near the usual relationship
2024-11-1297.82110.02+0.27near the usual relationship
2024-11-1197.91105.02+0.57INFY ahead
2024-11-0896.62103.01+0.62INFY ahead
2024-11-0796.18103.53+0.56INFY ahead
2024-11-0695.07101.59+0.61INFY ahead
2024-11-0592.0098.37+0.61INFY ahead
2024-11-0492.0597.31+0.68INFY ahead
2024-11-0192.2396.09+0.78INFY ahead
2024-10-3192.8995.15+0.89INFY ahead
2024-10-3093.8298.30+0.75INFY ahead
2024-10-2996.7199.92+0.84INFY ahead
2024-10-2898.0598.42+1.03INFY ahead
2024-10-2597.2597.34+1.06INFY ahead
2024-10-2497.9696.80+1.15INFY ahead
2024-10-2398.6795.26+1.31INFY ahead
2024-10-2298.4597.97+1.11INFY ahead
2024-10-2198.6298.92+1.07INFY ahead
2024-10-18100.00100.00+1.10INFY ahead

One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Nov 26, 2025 (INFY +0.8%, ZS -13.0%); Jan 14, 2026 (INFY +10.4%, ZS -1.2%); May 27, 2026 (INFY +2.6%, ZS -31.5%). Upcoming earnings: INFY Oct 23, 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

INFY and ZS at a glance

INFY Infosys Limited

Listing
NYSE · SEC CIK 1067491
Industry
EDP Services · SIC 7371 Services-Computer Programming Services
Market value
$49.5B
Price history
2,521 daily closes, Oct 12, 2016 to Oct 22, 2026

ZS Zscaler Inc.

Listing
Nasdaq · SEC CIK 1713683
Industry
EDP Services · SIC 7371 Services-Computer Programming Services
Market value
$34.7B
Price history
2,163 daily closes, Mar 16, 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
INFY / CTSHWatchlistCTSH by 2.06 sdSIC 7371 Services-Computer Programming Services
ADP / INFYWatchlistADP by 1.33 sdEDP Services
INFY / WDAYWatchlistWDAY by 1.31 sdEDP Services
ZS / CTSHWatchlistZS by 0.50 sdSIC 7371 Services-Computer Programming Services

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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.