Johnson & Johnson vs Eli Lilly and Company
Why these are rivals: #1 and #2 by market value ($1168B vs $612B) in Nasdaq's "Biotechnology: Pharmaceutical Preparations" industry; SEC SIC 2834 / 2834 (same major group); #1 and #2 by market value ($1168B vs $612B) with SEC SIC 2834 (Pharmaceutical Preparations).
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: 0.45 (needs >= 0.60)
- Mean reversion: ADF t-statistic of the spread: -1.56 (needs <= -2.873 (5% critical value))
JNJ is the larger business
Annual revenue reported to the SEC. Scale, not market share.
| Year | JNJ | LLY | Larger |
|---|---|---|---|
| 2025 | $94.2B | $65.2B | JNJ |
| 2024 | $88.8B | $45.0B | JNJ |
| 2023 | $85.2B | $34.1B | JNJ |
| 2022 | $80.0B | $28.5B | JNJ |
| 2021 | $78.7B | $28.3B | JNJ |
| 2020 | $82.6B | $24.5B | JNJ |
JNJ led in every year with figures for both. Market value: JNJ $611.6B, LLY $1.17T.
LLY is ahead now
Measured against the pair's own last 252 trading days.
LLY leads JNJ by 0.87 standard deviations: +8.1% over its usual price ratio. 5 lead switches in the last year.
| Price change | 3 mo | 6 mo | 12 mo |
|---|---|---|---|
| JNJ | +1.6% | +16.0% | +39.5% |
| LLY | +9.3% | +42.4% | +63.4% |
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: 0.46 (needs >= 0.60)
- Fail
- Mean reversion: ADF t-statistic of the spread: -1.56 (needs <= -2.873 (5% critical value))
- Pass
- Speed: half-life of the spread, sessions: 29.06 (needs <= 63)
- Data
- Both stocks current
Prices side by side, and the gap between them
Data table (504 sessions)
| Date | JNJ index | LLY index | z | Ahead |
|---|---|---|---|---|
| 2026-10-22 | 162.07 | 142.35 | -0.87 | LLY ahead |
| 2026-10-21 | 156.12 | 138.43 | -0.98 | LLY ahead |
| 2026-10-20 | 157.07 | 139.84 | -1.03 | LLY ahead |
| 2026-10-19 | 153.70 | 135.12 | -0.90 | LLY ahead |
| 2026-10-16 | 154.77 | 136.94 | -0.98 | LLY ahead |
| 2026-10-15 | 153.39 | 136.35 | -1.04 | LLY ahead |
| 2026-10-14 | 153.77 | 131.68 | -0.62 | LLY ahead |
| 2026-10-13 | 150.56 | 127.07 | -0.46 | near the usual relationship |
| 2026-10-12 | 159.72 | 128.83 | +0.04 | near the usual relationship |
| 2026-10-09 | 158.33 | 128.46 | -0.02 | near the usual relationship |
| 2026-10-08 | 155.33 | 127.41 | -0.15 | near the usual relationship |
| 2026-10-07 | 156.52 | 129.49 | -0.24 | near the usual relationship |
| 2026-10-06 | 154.30 | 126.09 | -0.11 | near the usual relationship |
| 2026-10-05 | 153.18 | 124.53 | -0.05 | near the usual relationship |
| 2026-10-02 | 155.06 | 124.50 | +0.09 | near the usual relationship |
| 2026-10-01 | 156.65 | 125.26 | +0.13 | near the usual relationship |
| 2026-09-30 | 160.33 | 126.05 | +0.32 | near the usual relationship |
| 2026-09-29 | 162.05 | 129.05 | +0.17 | near the usual relationship |
| 2026-09-28 | 164.70 | 129.07 | +0.34 | near the usual relationship |
| 2026-09-25 | 164.26 | 128.92 | +0.32 | near the usual relationship |
| 2026-09-24 | 163.93 | 128.75 | +0.31 | near the usual relationship |
| 2026-09-23 | 163.01 | 125.38 | +0.54 | JNJ ahead |
| 2026-09-22 | 163.03 | 127.47 | +0.36 | near the usual relationship |
| 2026-09-21 | 163.20 | 126.90 | +0.42 | near the usual relationship |
| 2026-09-18 | 163.51 | 125.60 | +0.56 | JNJ ahead |
| 2026-09-17 | 163.65 | 125.54 | +0.57 | JNJ ahead |
| 2026-09-16 | 161.87 | 123.95 | +0.59 | JNJ ahead |
| 2026-09-15 | 161.82 | 123.76 | +0.61 | JNJ ahead |
| 2026-09-14 | 161.29 | 124.00 | +0.55 | JNJ ahead |
| 2026-09-11 | 160.84 | 121.54 | +0.74 | JNJ ahead |
| 2026-09-10 | 161.31 | 122.34 | +0.70 | JNJ ahead |
| 2026-09-09 | 161.75 | 122.47 | +0.72 | JNJ ahead |
| 2026-09-08 | 162.98 | 122.43 | +0.80 | JNJ ahead |
| 2026-09-04 | 166.68 | 125.21 | +0.80 | JNJ ahead |
| 2026-09-03 | 168.62 | 126.32 | +0.83 | JNJ ahead |
| 2026-09-02 | 166.67 | 126.37 | +0.70 | JNJ ahead |
| 2026-09-01 | 164.24 | 126.37 | +0.54 | JNJ ahead |
| 2026-08-31 | 161.00 | 126.01 | +0.35 | near the usual relationship |
| 2026-08-28 | 162.33 | 127.96 | +0.26 | near the usual relationship |
| 2026-08-27 | 160.96 | 128.12 | +0.15 | near the usual relationship |
| 2026-08-26 | 163.52 | 129.57 | +0.20 | near the usual relationship |
| 2026-08-25 | 165.42 | 134.39 | -0.08 | near the usual relationship |
| 2026-08-24 | 165.36 | 135.84 | -0.21 | near the usual relationship |
| 2026-08-21 | 163.66 | 136.76 | -0.40 | near the usual relationship |
| 2026-08-20 | 161.92 | 135.56 | -0.42 | near the usual relationship |
| 2026-08-19 | 165.58 | 139.48 | -0.49 | near the usual relationship |
| 2026-08-18 | 164.19 | 133.53 | -0.12 | near the usual relationship |
| 2026-08-17 | 158.90 | 128.89 | -0.10 | near the usual relationship |
| 2026-08-14 | 157.67 | 128.56 | -0.16 | near the usual relationship |
| 2026-08-13 | 158.72 | 131.70 | -0.35 | near the usual relationship |
| 2026-08-12 | 157.98 | 132.93 | -0.51 | LLY ahead |
| 2026-08-11 | 157.34 | 132.36 | -0.51 | LLY ahead |
| 2026-08-10 | 158.56 | 134.20 | -0.58 | LLY ahead |
| 2026-08-07 | 157.00 | 129.17 | -0.29 | near the usual relationship |
| 2026-08-06 | 155.63 | 129.85 | -0.44 | near the usual relationship |
| 2026-08-05 | 156.00 | 127.44 | -0.22 | near the usual relationship |
| 2026-08-04 | 154.39 | 121.54 | +0.16 | near the usual relationship |
| 2026-08-03 | 154.08 | 122.16 | +0.09 | near the usual relationship |
| 2026-07-31 | 155.25 | 125.15 | -0.08 | near the usual relationship |
| 2026-07-30 | 154.93 | 125.82 | -0.16 | near the usual relationship |
| 2026-07-29 | 160.81 | 131.81 | -0.25 | near the usual relationship |
| 2026-07-28 | 161.54 | 132.97 | -0.29 | near the usual relationship |
| 2026-07-27 | 161.06 | 130.45 | -0.12 | near the usual relationship |
| 2026-07-24 | 159.52 | 130.29 | -0.20 | near the usual relationship |
| 2026-07-23 | 157.02 | 129.18 | -0.28 | near the usual relationship |
| 2026-07-22 | 154.81 | 126.69 | -0.22 | near the usual relationship |
| 2026-07-21 | 151.77 | 128.04 | -0.54 | LLY ahead |
| 2026-07-20 | 150.69 | 124.94 | -0.36 | near the usual relationship |
| 2026-07-17 | 153.25 | 128.45 | -0.47 | near the usual relationship |
| 2026-07-16 | 151.39 | 127.36 | -0.50 | LLY ahead |
| 2026-07-15 | 149.60 | 126.00 | -0.51 | LLY ahead |
| 2026-07-14 | 153.74 | 125.55 | -0.19 | near the usual relationship |
| 2026-07-13 | 156.11 | 128.75 | -0.28 | near the usual relationship |
| 2026-07-10 | 155.63 | 129.48 | -0.37 | near the usual relationship |
| 2026-07-09 | 156.92 | 132.57 | -0.52 | LLY ahead |
| 2026-07-08 | 159.52 | 132.45 | -0.34 | near the usual relationship |
| 2026-07-07 | 161.85 | 134.60 | -0.35 | near the usual relationship |
| 2026-07-06 | 157.06 | 130.73 | -0.36 | near the usual relationship |
| 2026-07-02 | 159.30 | 132.24 | -0.33 | near the usual relationship |
| 2026-07-01 | 153.82 | 129.82 | -0.49 | near the usual relationship |
| 2026-06-30 | 153.81 | 130.66 | -0.55 | LLY ahead |
| 2026-06-29 | 156.56 | 133.98 | -0.61 | LLY ahead |
| 2026-06-26 | 154.23 | 131.61 | -0.58 | LLY ahead |
| 2026-06-25 | 148.30 | 122.85 | -0.28 | near the usual relationship |
| 2026-06-24 | 145.95 | 121.71 | -0.34 | near the usual relationship |
| 2026-06-23 | 144.79 | 120.60 | -0.33 | near the usual relationship |
| 2026-06-22 | 140.07 | 120.06 | -0.60 | LLY ahead |
| 2026-06-18 | 138.32 | 119.67 | -0.69 | LLY ahead |
| 2026-06-17 | 141.84 | 121.14 | -0.56 | LLY ahead |
| 2026-06-16 | 142.43 | 122.28 | -0.60 | LLY ahead |
| 2026-06-15 | 142.72 | 123.03 | -0.64 | LLY ahead |
| 2026-06-12 | 145.88 | 123.42 | -0.45 | near the usual relationship |
| 2026-06-11 | 144.34 | 126.47 | -0.78 | LLY ahead |
| 2026-06-10 | 144.43 | 123.79 | -0.57 | LLY ahead |
| 2026-06-09 | 143.53 | 124.70 | -0.70 | LLY ahead |
| 2026-06-08 | 140.60 | 125.18 | -0.93 | LLY ahead |
| 2026-06-05 | 140.97 | 123.25 | -0.75 | LLY ahead |
| 2026-06-04 | 138.18 | 122.58 | -0.89 | LLY ahead |
| 2026-06-03 | 135.20 | 117.52 | -0.70 | LLY ahead |
| 2026-06-02 | 134.99 | 115.92 | -0.58 | LLY ahead |
| 2026-06-01 | 135.36 | 117.89 | -0.72 | LLY ahead |
| 2026-05-29 | 136.46 | 120.37 | -0.84 | LLY ahead |
| 2026-05-28 | 139.78 | 122.75 | -0.80 | LLY ahead |
| 2026-05-27 | 140.07 | 117.97 | -0.40 | near the usual relationship |
| 2026-05-26 | 139.40 | 115.99 | -0.29 | near the usual relationship |
| 2026-05-22 | 141.92 | 116.02 | -0.12 | near the usual relationship |
| 2026-05-21 | 140.34 | 113.47 | -0.01 | near the usual relationship |
| 2026-05-20 | 138.88 | 110.99 | +0.10 | near the usual relationship |
| 2026-05-19 | 139.29 | 111.27 | +0.11 | near the usual relationship |
| 2026-05-18 | 138.64 | 107.64 | +0.39 | near the usual relationship |
| 2026-05-15 | 137.30 | 109.47 | +0.14 | near the usual relationship |
| 2026-05-14 | 139.78 | 109.67 | +0.30 | near the usual relationship |
| 2026-05-13 | 139.55 | 110.65 | +0.20 | near the usual relationship |
| 2026-05-12 | 135.82 | 107.83 | +0.19 | near the usual relationship |
| 2026-05-11 | 134.10 | 105.34 | +0.29 | near the usual relationship |
| 2026-05-08 | 134.04 | 103.32 | +0.48 | near the usual relationship |
| 2026-05-07 | 134.76 | 106.21 | +0.27 | near the usual relationship |
| 2026-05-06 | 136.03 | 107.53 | +0.25 | near the usual relationship |
| 2026-05-05 | 136.60 | 107.72 | +0.28 | near the usual relationship |
| 2026-05-04 | 135.78 | 105.44 | +0.43 | near the usual relationship |
| 2026-05-01 | 137.59 | 104.94 | +0.60 | JNJ ahead |
| 2026-04-30 | 139.20 | 101.81 | +0.99 | JNJ ahead |
| 2026-04-29 | 137.69 | 92.73 | +1.76 | JNJ ahead |
| 2026-04-28 | 137.95 | 95.21 | +1.54 | JNJ ahead |
| 2026-04-27 | 136.47 | 94.59 | +1.51 | JNJ ahead |
| 2026-04-24 | 137.78 | 96.30 | +1.45 | JNJ ahead |
| 2026-04-23 | 139.69 | 99.97 | +1.25 | JNJ ahead |
| 2026-04-22 | 136.93 | 100.38 | +1.03 | JNJ ahead |
| 2026-04-21 | 136.97 | 98.37 | +1.23 | JNJ ahead |
| 2026-04-20 | 139.71 | 100.21 | +1.25 | JNJ ahead |
| 2026-04-17 | 141.82 | 100.99 | +1.33 | JNJ ahead |
| 2026-04-16 | 142.04 | 98.48 | +1.59 | JNJ ahead |
| 2026-04-15 | 144.54 | 98.59 | +1.76 | JNJ ahead |
| 2026-04-14 | 145.41 | 100.49 | +1.65 | JNJ ahead |
| 2026-04-13 | 144.11 | 101.26 | +1.51 | JNJ ahead |
| 2026-04-10 | 144.42 | 102.34 | +1.45 | JNJ ahead |
| 2026-04-09 | 146.14 | 104.05 | +1.41 | JNJ ahead |
| 2026-04-08 | 146.14 | 103.85 | +1.45 | JNJ ahead |
| 2026-04-07 | 144.39 | 101.43 | +1.57 | JNJ ahead |
| 2026-04-06 | 145.94 | 100.99 | +1.73 | JNJ ahead |
| 2026-04-02 | 147.19 | 101.92 | +1.74 | JNJ ahead |
| 2026-04-01 | 147.84 | 103.98 | +1.61 | JNJ ahead |
| 2026-03-31 | 148.04 | 100.20 | +1.99 | JNJ ahead |
| 2026-03-30 | 146.86 | 96.59 | +2.30 | JNJ ahead |
| 2026-03-27 | 145.62 | 95.67 | +2.35 | JNJ ahead |
| 2026-03-26 | 144.89 | 97.72 | +2.12 | JNJ ahead |
| 2026-03-25 | 145.31 | 99.82 | +1.96 | JNJ ahead |
| 2026-03-24 | 142.48 | 98.37 | +1.93 | JNJ ahead |
| 2026-03-23 | 142.58 | 99.19 | +1.87 | JNJ ahead |
| 2026-03-20 | 142.54 | 98.77 | +1.94 | JNJ ahead |
| 2026-03-19 | 143.90 | 99.95 | +1.94 | JNJ ahead |
| 2026-03-18 | 143.70 | 100.01 | +1.94 | JNJ ahead |
| 2026-03-17 | 144.20 | 101.35 | +1.86 | JNJ ahead |
| 2026-03-16 | 147.28 | 107.75 | +1.46 | JNJ ahead |
| 2026-03-13 | 146.27 | 107.31 | +1.45 | JNJ ahead |
| 2026-03-12 | 146.58 | 106.46 | +1.57 | JNJ ahead |
| 2026-03-11 | 147.16 | 108.92 | +1.38 | JNJ ahead |
| 2026-03-10 | 147.60 | 109.08 | +1.41 | JNJ ahead |
| 2026-03-09 | 146.92 | 109.85 | +1.30 | JNJ ahead |
| 2026-03-06 | 145.59 | 107.88 | +1.40 | JNJ ahead |
| 2026-03-05 | 145.12 | 107.11 | +1.45 | JNJ ahead |
| 2026-03-04 | 148.56 | 109.32 | +1.50 | JNJ ahead |
| 2026-03-03 | 149.44 | 109.78 | +1.52 | JNJ ahead |
| 2026-03-02 | 150.53 | 110.89 | +1.51 | JNJ ahead |
| 2026-02-27 | 150.45 | 114.60 | +1.17 | JNJ ahead |
| 2026-02-26 | 147.45 | 111.33 | +1.27 | JNJ ahead |
| 2026-02-25 | 148.48 | 112.08 | +1.28 | JNJ ahead |
| 2026-02-24 | 149.15 | 113.53 | +1.21 | JNJ ahead |
| 2026-02-23 | 148.89 | 115.32 | +1.04 | JNJ ahead |
| 2026-02-20 | 146.86 | 109.97 | +1.39 | JNJ ahead |
| 2026-02-19 | 149.53 | 111.47 | +1.45 | JNJ ahead |
| 2026-02-18 | 148.37 | 111.18 | +1.41 | JNJ ahead |
| 2026-02-17 | 147.37 | 112.86 | +1.20 | JNJ ahead |
| 2026-02-13 | 147.44 | 113.29 | +1.17 | JNJ ahead |
| 2026-02-12 | 148.10 | 113.11 | +1.24 | JNJ ahead |
| 2026-02-11 | 145.87 | 110.59 | +1.32 | JNJ ahead |
| 2026-02-10 | 144.35 | 111.66 | +1.13 | JNJ ahead |
| 2026-02-09 | 144.53 | 113.80 | +0.96 | JNJ ahead |
| 2026-02-06 | 145.34 | 115.27 | +0.89 | JNJ ahead |
| 2026-02-05 | 144.01 | 111.21 | +1.17 | JNJ ahead |
| 2026-02-04 | 142.00 | 120.61 | +0.22 | near the usual relationship |
| 2026-02-03 | 141.17 | 109.31 | +1.15 | JNJ ahead |
| 2026-02-02 | 139.75 | 113.74 | +0.66 | JNJ ahead |
| 2026-01-30 | 137.63 | 112.98 | +0.58 | JNJ ahead |
| 2026-01-29 | 137.65 | 111.57 | +0.71 | JNJ ahead |
| 2026-01-28 | 137.91 | 111.53 | +0.74 | JNJ ahead |
| 2026-01-27 | 135.93 | 113.24 | +0.45 | near the usual relationship |
| 2026-01-26 | 134.14 | 115.77 | +0.10 | near the usual relationship |
| 2026-01-23 | 133.32 | 115.94 | +0.03 | near the usual relationship |
| 2026-01-22 | 132.32 | 118.45 | -0.26 | near the usual relationship |
| 2026-01-21 | 132.03 | 117.49 | -0.20 | near the usual relationship |
| 2026-01-20 | 132.15 | 113.43 | +0.16 | near the usual relationship |
| 2026-01-16 | 132.42 | 113.12 | +0.21 | near the usual relationship |
| 2026-01-15 | 132.98 | 112.53 | +0.31 | near the usual relationship |
| 2026-01-14 | 132.36 | 116.92 | -0.12 | near the usual relationship |
| 2026-01-13 | 129.39 | 117.34 | -0.37 | near the usual relationship |
| 2026-01-12 | 127.01 | 117.76 | -0.58 | LLY ahead |
| 2026-01-09 | 123.78 | 115.86 | -0.68 | LLY ahead |
| 2026-01-08 | 124.61 | 118.22 | -0.81 | LLY ahead |
| 2026-01-07 | 125.66 | 120.71 | -0.93 | LLY ahead |
| 2026-01-06 | 124.02 | 115.91 | -0.66 | LLY ahead |
| 2026-01-05 | 123.73 | 113.46 | -0.47 | near the usual relationship |
| 2026-01-02 | 125.58 | 117.69 | -0.68 | LLY ahead |
| 2025-12-31 | 125.33 | 117.07 | -0.65 | LLY ahead |
| 2025-12-30 | 125.31 | 117.62 | -0.69 | LLY ahead |
| 2025-12-29 | 125.70 | 117.51 | -0.65 | LLY ahead |
| 2025-12-26 | 125.74 | 117.41 | -0.63 | LLY ahead |
| 2025-12-24 | 125.84 | 117.32 | -0.62 | LLY ahead |
| 2025-12-23 | 124.62 | 116.74 | -0.66 | LLY ahead |
| 2025-12-22 | 125.56 | 117.27 | -0.63 | LLY ahead |
| 2025-12-19 | 124.98 | 116.72 | -0.63 | LLY ahead |
| 2025-12-18 | 126.16 | 115.13 | -0.40 | near the usual relationship |
| 2025-12-17 | 127.38 | 113.49 | -0.17 | near the usual relationship |
| 2025-12-16 | 126.76 | 114.85 | -0.33 | near the usual relationship |
| 2025-12-15 | 129.71 | 115.71 | -0.17 | near the usual relationship |
| 2025-12-12 | 128.14 | 111.93 | +0.03 | near the usual relationship |
| 2025-12-11 | 127.19 | 109.96 | +0.14 | near the usual relationship |
| 2025-12-10 | 125.08 | 108.24 | +0.13 | near the usual relationship |
| 2025-12-09 | 121.10 | 107.00 | -0.06 | near the usual relationship |
| 2025-12-08 | 122.11 | 108.67 | -0.13 | near the usual relationship |
| 2025-12-05 | 122.29 | 110.06 | -0.23 | near the usual relationship |
| 2025-12-04 | 122.63 | 110.51 | -0.24 | near the usual relationship |
| 2025-12-03 | 124.35 | 112.59 | -0.29 | near the usual relationship |
| 2025-12-02 | 124.41 | 113.96 | -0.40 | near the usual relationship |
| 2025-12-01 | 124.36 | 115.24 | -0.51 | LLY ahead |
| 2025-11-28 | 125.31 | 117.16 | -0.59 | LLY ahead |
| 2025-11-26 | 125.70 | 120.30 | -0.82 | LLY ahead |
| 2025-11-25 | 125.16 | 120.91 | -0.92 | LLY ahead |
| 2025-11-24 | 124.79 | 116.58 | -0.60 | LLY ahead |
| 2025-11-21 | 123.49 | 115.44 | -0.61 | LLY ahead |
| 2025-11-20 | 122.98 | 113.65 | -0.50 | LLY ahead |
| 2025-11-19 | 122.64 | 114.34 | -0.59 | LLY ahead |
| 2025-11-18 | 121.12 | 112.21 | -0.53 | LLY ahead |
| 2025-11-17 | 120.87 | 111.30 | -0.47 | near the usual relationship |
| 2025-11-14 | 118.66 | 111.69 | -0.68 | LLY ahead |
| 2025-11-13 | 118.25 | 111.43 | -0.69 | LLY ahead |
| 2025-11-12 | 117.73 | 110.87 | -0.68 | LLY ahead |
| 2025-11-11 | 117.39 | 107.70 | -0.43 | near the usual relationship |
| 2025-11-10 | 114.10 | 105.30 | -0.49 | near the usual relationship |
| 2025-11-07 | 112.99 | 100.70 | -0.15 | near the usual relationship |
| 2025-11-06 | 113.23 | 102.12 | -0.27 | near the usual relationship |
| 2025-11-05 | 112.65 | 100.85 | -0.20 | near the usual relationship |
| 2025-11-04 | 113.17 | 98.79 | +0.05 | near the usual relationship |
| 2025-11-03 | 112.80 | 97.66 | +0.13 | near the usual relationship |
| 2025-10-31 | 114.38 | 94.00 | +0.63 | JNJ ahead |
| 2025-10-30 | 114.49 | 92.00 | +0.85 | JNJ ahead |
| 2025-10-29 | 113.01 | 88.62 | +1.09 | JNJ ahead |
| 2025-10-28 | 113.21 | 89.34 | +1.04 | JNJ ahead |
| 2025-10-27 | 115.25 | 90.03 | +1.15 | JNJ ahead |
| 2025-10-24 | 115.31 | 89.92 | +1.17 | JNJ ahead |
| 2025-10-23 | 116.56 | 89.44 | +1.34 | JNJ ahead |
| 2025-10-22 | 116.85 | 88.50 | +1.47 | JNJ ahead |
| 2025-10-21 | 116.21 | 87.10 | +1.58 | JNJ ahead |
| 2025-10-20 | 117.32 | 88.12 | +1.58 | JNJ ahead |
| 2025-10-17 | 117.02 | 87.46 | +1.64 | JNJ ahead |
| 2025-10-16 | 116.35 | 89.26 | +1.40 | JNJ ahead |
| 2025-10-15 | 115.78 | 90.04 | +1.28 | JNJ ahead |
| 2025-10-14 | 115.58 | 88.49 | +1.44 | JNJ ahead |
| 2025-10-13 | 115.61 | 89.26 | +1.37 | JNJ ahead |
| 2025-10-10 | 115.50 | 90.80 | +1.21 | JNJ ahead |
| 2025-10-09 | 115.72 | 93.18 | +0.99 | JNJ ahead |
| 2025-10-08 | 114.88 | 92.13 | +1.04 | JNJ ahead |
| 2025-10-07 | 114.40 | 91.90 | +1.03 | JNJ ahead |
| 2025-10-06 | 113.95 | 92.06 | +0.98 | JNJ ahead |
| 2025-10-03 | 114.24 | 91.49 | +1.07 | JNJ ahead |
| 2025-10-02 | 112.63 | 89.31 | +1.18 | JNJ ahead |
| 2025-10-01 | 112.68 | 89.92 | +1.13 | JNJ ahead |
| 2025-09-30 | 112.29 | 83.12 | +1.87 | JNJ ahead |
| 2025-09-29 | 109.99 | 79.14 | +2.16 | JNJ ahead |
| 2025-09-26 | 108.84 | 78.93 | +2.11 | JNJ ahead |
| 2025-09-25 | 107.64 | 77.84 | +2.17 | JNJ ahead |
| 2025-09-24 | 107.01 | 80.81 | +1.76 | JNJ ahead |
| 2025-09-23 | 106.94 | 81.37 | +1.70 | JNJ ahead |
| 2025-09-22 | 105.51 | 82.24 | +1.48 | JNJ ahead |
| 2025-09-19 | 106.70 | 81.92 | +1.65 | JNJ ahead |
| 2025-09-18 | 105.47 | 83.11 | +1.40 | JNJ ahead |
| 2025-09-17 | 107.32 | 82.81 | +1.63 | JNJ ahead |
| 2025-09-16 | 106.87 | 83.30 | +1.54 | JNJ ahead |
| 2025-09-15 | 107.44 | 81.50 | +1.83 | JNJ ahead |
| 2025-09-12 | 107.84 | 82.29 | +1.79 | JNJ ahead |
| 2025-09-11 | 108.10 | 82.39 | +1.82 | JNJ ahead |
| 2025-09-10 | 106.46 | 82.21 | +1.71 | JNJ ahead |
| 2025-09-09 | 107.17 | 81.77 | +1.85 | JNJ ahead |
| 2025-09-08 | 107.88 | 80.46 | +2.11 | JNJ ahead |
| 2025-09-05 | 108.06 | 79.22 | +2.32 | JNJ ahead |
| 2025-09-04 | 108.26 | 80.93 | +2.14 | JNJ ahead |
| 2025-09-03 | 107.80 | 80.38 | +2.19 | JNJ ahead |
| 2025-09-02 | 107.84 | 80.09 | +2.26 | JNJ ahead |
| 2025-08-29 | 107.30 | 79.80 | +2.28 | JNJ ahead |
| 2025-08-28 | 106.26 | 79.74 | +2.21 | JNJ ahead |
| 2025-08-27 | 107.07 | 79.98 | +2.29 | JNJ ahead |
| 2025-08-26 | 106.89 | 80.18 | +2.27 | JNJ ahead |
| 2025-08-25 | 108.05 | 75.75 | +3.07 | JNJ ahead |
| 2025-08-22 | 108.58 | 77.53 | +2.92 | JNJ ahead |
| 2025-08-21 | 108.36 | 77.32 | +2.98 | JNJ ahead |
| 2025-08-20 | 108.31 | 76.85 | +3.11 | JNJ ahead |
| 2025-08-19 | 107.68 | 76.60 | +3.15 | JNJ ahead |
| 2025-08-18 | 106.74 | 76.04 | +3.20 | JNJ ahead |
| 2025-08-15 | 106.98 | 76.39 | +3.25 | JNJ ahead |
| 2025-08-14 | 105.81 | 74.56 | +3.50 | JNJ ahead |
| 2025-08-13 | 105.63 | 71.95 | +4.06 | JNJ ahead |
| 2025-08-12 | 104.64 | 69.66 | +4.55 | JNJ ahead |
| 2025-08-11 | 105.27 | 69.20 | +4.94 | JNJ ahead |
| 2025-08-08 | 104.97 | 68.16 | +5.42 | JNJ ahead |
| 2025-08-07 | 103.88 | 69.81 | +5.17 | JNJ ahead |
| 2025-08-06 | 103.31 | 81.31 | +2.79 | JNJ ahead |
| 2025-08-05 | 103.40 | 83.44 | +2.44 | JNJ ahead |
| 2025-08-04 | 103.59 | 83.77 | +2.44 | JNJ ahead |
| 2025-08-01 | 101.34 | 83.05 | +2.26 | JNJ ahead |
| 2025-07-31 | 99.77 | 80.62 | +2.52 | JNJ ahead |
| 2025-07-30 | 101.30 | 82.80 | +2.36 | JNJ ahead |
| 2025-07-29 | 101.81 | 83.11 | +2.42 | JNJ ahead |
| 2025-07-28 | 100.67 | 88.03 | +1.29 | JNJ ahead |
| 2025-07-25 | 101.93 | 88.53 | +1.41 | JNJ ahead |
| 2025-07-24 | 102.69 | 87.74 | +1.70 | JNJ ahead |
| 2025-07-23 | 102.41 | 87.03 | +1.81 | JNJ ahead |
| 2025-07-22 | 101.70 | 84.58 | +2.20 | JNJ ahead |
| 2025-07-21 | 99.54 | 83.03 | +2.18 | JNJ ahead |
| 2025-07-18 | 99.14 | 84.07 | +1.90 | JNJ ahead |
| 2025-07-17 | 98.70 | 82.95 | +2.05 | JNJ ahead |
| 2025-07-16 | 99.79 | 86.04 | +1.62 | JNJ ahead |
| 2025-07-15 | 93.97 | 84.07 | +1.02 | JNJ ahead |
| 2025-07-14 | 94.97 | 87.08 | +0.63 | JNJ ahead |
| 2025-07-11 | 95.02 | 86.39 | +0.77 | JNJ ahead |
| 2025-07-10 | 95.50 | 86.13 | +0.89 | JNJ ahead |
| 2025-07-09 | 94.65 | 85.72 | +0.83 | JNJ ahead |
| 2025-07-08 | 94.35 | 84.72 | +0.97 | JNJ ahead |
| 2025-07-07 | 94.03 | 84.19 | +1.02 | JNJ ahead |
| 2025-07-03 | 94.48 | 85.04 | +0.94 | JNJ ahead |
| 2025-07-02 | 94.21 | 84.89 | +0.93 | JNJ ahead |
| 2025-07-01 | 94.43 | 84.52 | +1.03 | JNJ ahead |
| 2025-06-30 | 92.51 | 84.92 | +0.67 | JNJ ahead |
| 2025-06-27 | 92.30 | 84.47 | +0.72 | JNJ ahead |
| 2025-06-26 | 92.06 | 86.62 | +0.32 | near the usual relationship |
| 2025-06-25 | 92.22 | 86.31 | +0.41 | near the usual relationship |
| 2025-06-24 | 92.17 | 84.76 | +0.66 | JNJ ahead |
| 2025-06-23 | 91.64 | 83.95 | +0.73 | JNJ ahead |
| 2025-06-20 | 90.72 | 83.09 | +0.73 | JNJ ahead |
| 2025-06-18 | 91.29 | 85.52 | +0.42 | near the usual relationship |
| 2025-06-17 | 92.28 | 86.19 | +0.47 | near the usual relationship |
| 2025-06-16 | 94.00 | 87.97 | +0.45 | near the usual relationship |
| 2025-06-13 | 95.14 | 89.26 | +0.42 | near the usual relationship |
| 2025-06-12 | 94.88 | 88.46 | +0.51 | JNJ ahead |
| 2025-06-11 | 94.03 | 88.09 | +0.45 | near the usual relationship |
| 2025-06-10 | 94.75 | 87.93 | +0.59 | JNJ ahead |
| 2025-06-09 | 94.01 | 84.28 | +1.07 | JNJ ahead |
| 2025-06-06 | 93.89 | 83.87 | +1.13 | JNJ ahead |
| 2025-06-05 | 93.06 | 83.41 | +1.09 | JNJ ahead |
| 2025-06-04 | 92.79 | 83.43 | +1.06 | JNJ ahead |
| 2025-06-03 | 93.52 | 81.79 | +1.46 | JNJ ahead |
| 2025-06-02 | 94.11 | 81.39 | +1.63 | JNJ ahead |
| 2025-05-30 | 94.00 | 80.36 | +1.81 | JNJ ahead |
| 2025-05-29 | 93.01 | 78.71 | +1.98 | JNJ ahead |
| 2025-05-28 | 92.31 | 78.37 | +1.95 | JNJ ahead |
| 2025-05-27 | 92.81 | 79.00 | +1.93 | JNJ ahead |
| 2025-05-23 | 92.62 | 77.75 | +2.16 | JNJ ahead |
| 2025-05-22 | 92.42 | 77.91 | +2.12 | JNJ ahead |
| 2025-05-21 | 92.77 | 78.97 | +1.99 | JNJ ahead |
| 2025-05-20 | 93.06 | 81.38 | +1.60 | JNJ ahead |
| 2025-05-19 | 92.35 | 82.26 | +1.33 | JNJ ahead |
| 2025-05-16 | 91.65 | 82.51 | +1.18 | JNJ ahead |
| 2025-05-15 | 90.61 | 79.88 | +1.49 | JNJ ahead |
| 2025-05-14 | 88.64 | 77.95 | +1.54 | JNJ ahead |
| 2025-05-13 | 89.90 | 81.27 | +1.13 | JNJ ahead |
| 2025-05-12 | 93.35 | 82.31 | +1.51 | JNJ ahead |
| 2025-05-09 | 93.40 | 80.02 | +1.96 | JNJ ahead |
| 2025-05-08 | 94.27 | 81.86 | +1.77 | JNJ ahead |
| 2025-05-07 | 95.26 | 84.61 | +1.43 | JNJ ahead |
| 2025-05-06 | 93.55 | 84.44 | +1.18 | JNJ ahead |
| 2025-05-05 | 93.87 | 89.49 | +0.35 | near the usual relationship |
| 2025-05-02 | 94.55 | 89.72 | +0.42 | near the usual relationship |
| 2025-05-01 | 93.54 | 86.51 | +0.81 | JNJ ahead |
| 2025-04-30 | 94.66 | 97.93 | -0.89 | LLY ahead |
| 2025-04-29 | 94.42 | 96.43 | -0.70 | LLY ahead |
| 2025-04-28 | 94.08 | 95.57 | -0.63 | LLY ahead |
| 2025-04-25 | 93.62 | 96.36 | -0.83 | LLY ahead |
| 2025-04-24 | 93.83 | 93.66 | -0.38 | near the usual relationship |
| 2025-04-23 | 94.10 | 90.35 | +0.19 | near the usual relationship |
| 2025-04-22 | 95.54 | 90.15 | +0.45 | near the usual relationship |
| 2025-04-21 | 95.03 | 89.11 | +0.54 | JNJ ahead |
| 2025-04-17 | 95.37 | 91.50 | +0.20 | near the usual relationship |
| 2025-04-16 | 93.21 | 80.06 | +1.86 | JNJ ahead |
| 2025-04-15 | 93.04 | 82.48 | +1.39 | JNJ ahead |
| 2025-04-14 | 93.48 | 82.18 | +1.52 | JNJ ahead |
| 2025-04-11 | 91.89 | 79.79 | +1.72 | JNJ ahead |
| 2025-04-10 | 90.05 | 78.53 | +1.66 | JNJ ahead |
| 2025-04-09 | 91.43 | 82.11 | +1.22 | JNJ ahead |
| 2025-04-08 | 90.84 | 79.11 | +1.69 | JNJ ahead |
| 2025-04-07 | 91.22 | 78.84 | +1.82 | JNJ ahead |
| 2025-04-04 | 92.81 | 80.42 | +1.79 | JNJ ahead |
| 2025-04-03 | 96.79 | 85.96 | +1.41 | JNJ ahead |
| 2025-04-02 | 94.09 | 89.13 | +0.42 | near the usual relationship |
| 2025-04-01 | 92.81 | 87.72 | +0.45 | near the usual relationship |
| 2025-03-31 | 100.44 | 89.97 | +1.26 | JNJ ahead |
| 2025-03-28 | 99.15 | 89.60 | +1.12 | JNJ ahead |
| 2025-03-27 | 98.79 | 89.51 | +1.08 | JNJ ahead |
| 2025-03-26 | 97.94 | 90.06 | +0.85 | JNJ ahead |
| 2025-03-25 | 97.52 | 92.85 | +0.32 | near the usual relationship |
| 2025-03-24 | 98.89 | 94.22 | +0.31 | near the usual relationship |
| 2025-03-21 | 99.10 | 91.24 | +0.82 | JNJ ahead |
| 2025-03-20 | 98.73 | 91.79 | +0.67 | JNJ ahead |
| 2025-03-19 | 98.71 | 91.18 | +0.75 | JNJ ahead |
| 2025-03-18 | 99.47 | 89.60 | +1.12 | JNJ ahead |
| 2025-03-17 | 98.62 | 89.85 | +0.94 | JNJ ahead |
| 2025-03-14 | 98.60 | 88.62 | +1.13 | JNJ ahead |
| 2025-03-13 | 98.71 | 87.33 | +1.34 | JNJ ahead |
| 2025-03-12 | 98.63 | 89.53 | +0.96 | JNJ ahead |
| 2025-03-11 | 100.45 | 89.77 | +1.18 | JNJ ahead |
| 2025-03-10 | 101.56 | 90.39 | +1.24 | JNJ ahead |
| 2025-03-07 | 100.95 | 94.73 | +0.48 | near the usual relationship |
| 2025-03-06 | 100.43 | 99.43 | -0.29 | near the usual relationship |
| 2025-03-05 | 100.00 | 101.28 | -0.62 | LLY ahead |
| 2025-03-04 | 100.18 | 99.25 | -0.31 | near the usual relationship |
| 2025-03-03 | 101.31 | 101.28 | -0.45 | near the usual relationship |
| 2025-02-28 | 99.94 | 100.29 | -0.51 | LLY ahead |
| 2025-02-27 | 99.16 | 98.60 | -0.39 | near the usual relationship |
| 2025-02-26 | 98.76 | 99.68 | -0.60 | LLY ahead |
| 2025-02-25 | 100.59 | 98.24 | -0.15 | near the usual relationship |
| 2025-02-24 | 99.16 | 96.02 | -0.04 | near the usual relationship |
| 2025-02-21 | 98.29 | 95.18 | -0.05 | near the usual relationship |
| 2025-02-20 | 96.71 | 95.11 | -0.26 | near the usual relationship |
| 2025-02-19 | 95.62 | 94.45 | -0.33 | near the usual relationship |
| 2025-02-18 | 93.87 | 93.38 | -0.43 | near the usual relationship |
| 2025-02-14 | 94.57 | 91.97 | -0.13 | near the usual relationship |
| 2025-02-13 | 95.23 | 94.98 | -0.47 | near the usual relationship |
| 2025-02-12 | 94.03 | 95.10 | -0.66 | LLY ahead |
| 2025-02-11 | 94.56 | 94.23 | -0.47 | near the usual relationship |
| 2025-02-10 | 93.41 | 94.65 | -0.70 | LLY ahead |
| 2025-02-07 | 92.73 | 95.68 | -0.94 | LLY ahead |
| 2025-02-06 | 92.97 | 94.81 | -0.79 | LLY ahead |
| 2025-02-05 | 93.68 | 91.74 | -0.28 | near the usual relationship |
| 2025-02-04 | 92.96 | 89.99 | -0.15 | near the usual relationship |
| 2025-02-03 | 91.98 | 88.29 | -0.05 | near the usual relationship |
| 2025-01-31 | 92.15 | 88.36 | -0.05 | near the usual relationship |
| 2025-01-30 | 92.58 | 89.68 | -0.18 | near the usual relationship |
| 2025-01-29 | 91.54 | 87.59 | -0.05 | near the usual relationship |
| 2025-01-28 | 91.07 | 87.69 | -0.14 | near the usual relationship |
| 2025-01-27 | 92.59 | 88.04 | -0.01 | near the usual relationship |
| 2025-01-24 | 88.92 | 85.56 | -0.15 | near the usual relationship |
| 2025-01-23 | 88.81 | 83.51 | +0.08 | near the usual relationship |
| 2025-01-22 | 87.98 | 82.14 | +0.15 | near the usual relationship |
| 2025-01-21 | 89.72 | 80.87 | +0.49 | near the usual relationship |
| 2025-01-17 | 89.04 | 79.06 | +0.62 | JNJ ahead |
| 2025-01-16 | 89.49 | 82.53 | +0.23 | near the usual relationship |
| 2025-01-15 | 87.80 | 81.35 | +0.17 | near the usual relationship |
| 2025-01-14 | 87.66 | 81.15 | +0.17 | near the usual relationship |
| 2025-01-13 | 87.49 | 86.87 | -0.51 | LLY ahead |
| 2025-01-10 | 86.03 | 87.14 | -0.69 | LLY ahead |
| 2025-01-08 | 86.16 | 85.76 | -0.54 | LLY ahead |
| 2025-01-07 | 88.56 | 84.24 | -0.14 | near the usual relationship |
| 2025-01-06 | 87.00 | 83.35 | -0.21 | near the usual relationship |
| 2025-01-03 | 87.32 | 85.19 | -0.38 | near the usual relationship |
| 2025-01-02 | 87.22 | 84.76 | -0.35 | near the usual relationship |
| 2024-12-31 | 87.58 | 84.10 | -0.25 | near the usual relationship |
| 2024-12-30 | 86.81 | 84.30 | -0.36 | near the usual relationship |
| 2024-12-27 | 87.85 | 85.32 | -0.37 | near the usual relationship |
| 2024-12-26 | 88.17 | 86.51 | -0.46 | near the usual relationship |
| 2024-12-24 | 88.33 | 86.68 | -0.46 | near the usual relationship |
| 2024-12-23 | 87.98 | 86.74 | -0.51 | LLY ahead |
| 2024-12-20 | 87.49 | 83.64 | -0.27 | near the usual relationship |
| 2024-12-19 | 86.95 | 82.52 | -0.22 | near the usual relationship |
| 2024-12-18 | 87.66 | 83.30 | -0.24 | near the usual relationship |
| 2024-12-17 | 88.67 | 84.82 | -0.30 | near the usual relationship |
| 2024-12-16 | 87.12 | 84.86 | -0.44 | near the usual relationship |
| 2024-12-13 | 88.80 | 85.96 | -0.40 | near the usual relationship |
| 2024-12-12 | 88.57 | 85.23 | -0.36 | near the usual relationship |
| 2024-12-11 | 88.81 | 86.72 | -0.48 | near the usual relationship |
| 2024-12-10 | 90.38 | 87.10 | -0.39 | near the usual relationship |
| 2024-12-09 | 90.60 | 87.54 | -0.41 | near the usual relationship |
| 2024-12-06 | 90.43 | 90.06 | -0.63 | LLY ahead |
| 2024-12-05 | 90.55 | 89.94 | -0.62 | LLY ahead |
| 2024-12-04 | 91.13 | 90.40 | -0.62 | LLY ahead |
| 2024-12-03 | 92.27 | 88.60 | -0.40 | near the usual relationship |
| 2024-12-02 | 93.75 | 87.13 | -0.18 | near the usual relationship |
| 2024-11-29 | 93.88 | 86.64 | -0.14 | near the usual relationship |
| 2024-11-27 | 94.11 | 85.86 | -0.07 | near the usual relationship |
| 2024-11-26 | 93.58 | 85.99 | -0.12 | near the usual relationship |
| 2024-11-25 | 94.34 | 82.25 | +0.22 | near the usual relationship |
| 2024-11-22 | 93.97 | 81.49 | +0.25 | near the usual relationship |
| 2024-11-21 | 94.17 | 81.69 | +0.24 | near the usual relationship |
| 2024-11-20 | 92.73 | 82.07 | +0.10 | near the usual relationship |
| 2024-11-19 | 92.66 | 79.49 | +0.30 | near the usual relationship |
| 2024-11-18 | 93.73 | 79.22 | +0.39 | near the usual relationship |
| 2024-11-15 | 93.27 | 81.29 | +0.19 | near the usual relationship |
| 2024-11-14 | 91.98 | 85.65 | -0.25 | near the usual relationship |
| 2024-11-13 | 92.81 | 88.44 | -0.40 | near the usual relationship |
| 2024-11-12 | 92.44 | 89.20 | -0.49 | near the usual relationship |
| 2024-11-11 | 93.90 | 90.68 | -0.50 | LLY ahead |
| 2024-11-08 | 94.16 | 90.58 | -0.48 | near the usual relationship |
| 2024-11-07 | 94.92 | 86.87 | -0.17 | near the usual relationship |
| 2024-11-06 | 95.62 | 84.58 | +0.04 | near the usual relationship |
| 2024-11-05 | 95.90 | 87.81 | -0.18 | near the usual relationship |
| 2024-11-04 | 95.83 | 87.82 | -0.19 | near the usual relationship |
| 2024-11-01 | 96.98 | 89.21 | -0.22 | near the usual relationship |
| 2024-10-31 | 96.81 | 90.39 | -0.32 | near the usual relationship |
| 2024-10-30 | 97.27 | 92.25 | -0.42 | near the usual relationship |
| 2024-10-29 | 96.95 | 98.43 | -0.85 | LLY ahead |
| 2024-10-28 | 97.87 | 97.56 | -0.74 | LLY ahead |
| 2024-10-25 | 97.43 | 97.25 | -0.76 | LLY ahead |
| 2024-10-24 | 99.12 | 97.10 | -0.65 | LLY ahead |
| 2024-10-23 | 100.45 | 98.40 | -0.66 | LLY ahead |
| 2024-10-22 | 98.99 | 99.04 | -0.79 | LLY ahead |
| 2024-10-21 | 98.61 | 98.71 | -0.80 | LLY ahead |
| 2024-10-18 | 100.00 | 100.00 | -0.80 | LLY ahead |
One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Apr 17, 2025 (JNJ +2.3%, LLY +14.3%); May 1, 2025 (JNJ -1.2%, LLY -11.7%); Aug 7, 2025 (JNJ +0.6%, LLY -14.1%). Upcoming earnings: LLY Oct 29, 2026 (pre-market).
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)
1 simulated trade to Oct 20, 2026: -6.37% per trade on average after costs, 0 won.
| Legs | Entered | Exited | Why | Days | Before costs | Costs + borrow | After costs |
|---|---|---|---|---|---|---|---|
| Long JNJ · Short LLY | May 14, 2018 | May 30, 2018 | divergence stop | 16 | -$602.66 | -$35.83 | -$636.46 (-6.37%) |
Per $10,000 a leg. A replay on today's companies cannot prove an edge.
JNJ and LLY at a glance
JNJ Johnson & Johnson
- Listing
- NYSE · SEC CIK 200406
- Industry
- Biotechnology: Pharmaceutical Preparations · SIC 2834 Pharmaceutical Preparations
- Market value
- $611.6B
- Price history
- 2,521 daily closes, Oct 12, 2016 to Oct 22, 2026
LLY Eli Lilly and Company
- Listing
- NYSE · SEC CIK 59478
- Industry
- Biotechnology: Pharmaceutical Preparations · SIC 2834 Pharmaceutical Preparations
- Market value
- $1.17T
- 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.
Other rivals of JNJ and LLY
| Pair | Status | Ahead now | Industry |
|---|---|---|---|
| JNJ / ABBV | Watchlist | ABBV by 0.83 sd | Biotechnology: Pharmaceutical Preparations |
| LLY / ABBV | Watchlist | neither | Biotechnology: Pharmaceutical Preparations |
Follow the research behind the paper book
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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.
