Biotechnology: Pharmaceutical Preparations

Johnson & Johnson vs Eli Lilly and Company

WatchlistJNJ / LLYPrices through Oct 22, 2026

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))
Business leadership

JNJ is the larger business

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

YearJNJLLYLarger
2025$94.2B$65.2BJNJ
2024$88.8B$45.0BJNJ
2023$85.2B$34.1BJNJ
2022$80.0B$28.5BJNJ
2021$78.7B$28.3BJNJ
2020$82.6B$24.5BJNJ

JNJ led in every year with figures for both. Market value: JNJ $611.6B, LLY $1.17T.

Stock leadership

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 change3 mo6 mo12 mo
JNJ+1.6%+16.0%+39.5%
LLY+9.3%+42.4%+63.4%
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: 0.46 (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
The twins over two years

Prices side by side, and the gap between them

JNJ Johnson & Johnson LLY Eli Lilly and CompanyPrice index, 100 = 2024-10-18. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
100150Oct 2024Oct 2025Oct 2026JNJ 162LLY 142
Spread z-score: JNJ relative to LLY, against the 252 sessions before each day. Above 0: JNJ ahead; below 0: LLY ahead. Lines at +/-2 (idea) and +/-4 (stop).
-4stop-2idea0+2idea+4stopOct 2024Oct 2025Oct 2026
Data table (504 sessions)
DateJNJ indexLLY indexzAhead
2026-10-22162.07142.35-0.87LLY ahead
2026-10-21156.12138.43-0.98LLY ahead
2026-10-20157.07139.84-1.03LLY ahead
2026-10-19153.70135.12-0.90LLY ahead
2026-10-16154.77136.94-0.98LLY ahead
2026-10-15153.39136.35-1.04LLY ahead
2026-10-14153.77131.68-0.62LLY ahead
2026-10-13150.56127.07-0.46near the usual relationship
2026-10-12159.72128.83+0.04near the usual relationship
2026-10-09158.33128.46-0.02near the usual relationship
2026-10-08155.33127.41-0.15near the usual relationship
2026-10-07156.52129.49-0.24near the usual relationship
2026-10-06154.30126.09-0.11near the usual relationship
2026-10-05153.18124.53-0.05near the usual relationship
2026-10-02155.06124.50+0.09near the usual relationship
2026-10-01156.65125.26+0.13near the usual relationship
2026-09-30160.33126.05+0.32near the usual relationship
2026-09-29162.05129.05+0.17near the usual relationship
2026-09-28164.70129.07+0.34near the usual relationship
2026-09-25164.26128.92+0.32near the usual relationship
2026-09-24163.93128.75+0.31near the usual relationship
2026-09-23163.01125.38+0.54JNJ ahead
2026-09-22163.03127.47+0.36near the usual relationship
2026-09-21163.20126.90+0.42near the usual relationship
2026-09-18163.51125.60+0.56JNJ ahead
2026-09-17163.65125.54+0.57JNJ ahead
2026-09-16161.87123.95+0.59JNJ ahead
2026-09-15161.82123.76+0.61JNJ ahead
2026-09-14161.29124.00+0.55JNJ ahead
2026-09-11160.84121.54+0.74JNJ ahead
2026-09-10161.31122.34+0.70JNJ ahead
2026-09-09161.75122.47+0.72JNJ ahead
2026-09-08162.98122.43+0.80JNJ ahead
2026-09-04166.68125.21+0.80JNJ ahead
2026-09-03168.62126.32+0.83JNJ ahead
2026-09-02166.67126.37+0.70JNJ ahead
2026-09-01164.24126.37+0.54JNJ ahead
2026-08-31161.00126.01+0.35near the usual relationship
2026-08-28162.33127.96+0.26near the usual relationship
2026-08-27160.96128.12+0.15near the usual relationship
2026-08-26163.52129.57+0.20near the usual relationship
2026-08-25165.42134.39-0.08near the usual relationship
2026-08-24165.36135.84-0.21near the usual relationship
2026-08-21163.66136.76-0.40near the usual relationship
2026-08-20161.92135.56-0.42near the usual relationship
2026-08-19165.58139.48-0.49near the usual relationship
2026-08-18164.19133.53-0.12near the usual relationship
2026-08-17158.90128.89-0.10near the usual relationship
2026-08-14157.67128.56-0.16near the usual relationship
2026-08-13158.72131.70-0.35near the usual relationship
2026-08-12157.98132.93-0.51LLY ahead
2026-08-11157.34132.36-0.51LLY ahead
2026-08-10158.56134.20-0.58LLY ahead
2026-08-07157.00129.17-0.29near the usual relationship
2026-08-06155.63129.85-0.44near the usual relationship
2026-08-05156.00127.44-0.22near the usual relationship
2026-08-04154.39121.54+0.16near the usual relationship
2026-08-03154.08122.16+0.09near the usual relationship
2026-07-31155.25125.15-0.08near the usual relationship
2026-07-30154.93125.82-0.16near the usual relationship
2026-07-29160.81131.81-0.25near the usual relationship
2026-07-28161.54132.97-0.29near the usual relationship
2026-07-27161.06130.45-0.12near the usual relationship
2026-07-24159.52130.29-0.20near the usual relationship
2026-07-23157.02129.18-0.28near the usual relationship
2026-07-22154.81126.69-0.22near the usual relationship
2026-07-21151.77128.04-0.54LLY ahead
2026-07-20150.69124.94-0.36near the usual relationship
2026-07-17153.25128.45-0.47near the usual relationship
2026-07-16151.39127.36-0.50LLY ahead
2026-07-15149.60126.00-0.51LLY ahead
2026-07-14153.74125.55-0.19near the usual relationship
2026-07-13156.11128.75-0.28near the usual relationship
2026-07-10155.63129.48-0.37near the usual relationship
2026-07-09156.92132.57-0.52LLY ahead
2026-07-08159.52132.45-0.34near the usual relationship
2026-07-07161.85134.60-0.35near the usual relationship
2026-07-06157.06130.73-0.36near the usual relationship
2026-07-02159.30132.24-0.33near the usual relationship
2026-07-01153.82129.82-0.49near the usual relationship
2026-06-30153.81130.66-0.55LLY ahead
2026-06-29156.56133.98-0.61LLY ahead
2026-06-26154.23131.61-0.58LLY ahead
2026-06-25148.30122.85-0.28near the usual relationship
2026-06-24145.95121.71-0.34near the usual relationship
2026-06-23144.79120.60-0.33near the usual relationship
2026-06-22140.07120.06-0.60LLY ahead
2026-06-18138.32119.67-0.69LLY ahead
2026-06-17141.84121.14-0.56LLY ahead
2026-06-16142.43122.28-0.60LLY ahead
2026-06-15142.72123.03-0.64LLY ahead
2026-06-12145.88123.42-0.45near the usual relationship
2026-06-11144.34126.47-0.78LLY ahead
2026-06-10144.43123.79-0.57LLY ahead
2026-06-09143.53124.70-0.70LLY ahead
2026-06-08140.60125.18-0.93LLY ahead
2026-06-05140.97123.25-0.75LLY ahead
2026-06-04138.18122.58-0.89LLY ahead
2026-06-03135.20117.52-0.70LLY ahead
2026-06-02134.99115.92-0.58LLY ahead
2026-06-01135.36117.89-0.72LLY ahead
2026-05-29136.46120.37-0.84LLY ahead
2026-05-28139.78122.75-0.80LLY ahead
2026-05-27140.07117.97-0.40near the usual relationship
2026-05-26139.40115.99-0.29near the usual relationship
2026-05-22141.92116.02-0.12near the usual relationship
2026-05-21140.34113.47-0.01near the usual relationship
2026-05-20138.88110.99+0.10near the usual relationship
2026-05-19139.29111.27+0.11near the usual relationship
2026-05-18138.64107.64+0.39near the usual relationship
2026-05-15137.30109.47+0.14near the usual relationship
2026-05-14139.78109.67+0.30near the usual relationship
2026-05-13139.55110.65+0.20near the usual relationship
2026-05-12135.82107.83+0.19near the usual relationship
2026-05-11134.10105.34+0.29near the usual relationship
2026-05-08134.04103.32+0.48near the usual relationship
2026-05-07134.76106.21+0.27near the usual relationship
2026-05-06136.03107.53+0.25near the usual relationship
2026-05-05136.60107.72+0.28near the usual relationship
2026-05-04135.78105.44+0.43near the usual relationship
2026-05-01137.59104.94+0.60JNJ ahead
2026-04-30139.20101.81+0.99JNJ ahead
2026-04-29137.6992.73+1.76JNJ ahead
2026-04-28137.9595.21+1.54JNJ ahead
2026-04-27136.4794.59+1.51JNJ ahead
2026-04-24137.7896.30+1.45JNJ ahead
2026-04-23139.6999.97+1.25JNJ ahead
2026-04-22136.93100.38+1.03JNJ ahead
2026-04-21136.9798.37+1.23JNJ ahead
2026-04-20139.71100.21+1.25JNJ ahead
2026-04-17141.82100.99+1.33JNJ ahead
2026-04-16142.0498.48+1.59JNJ ahead
2026-04-15144.5498.59+1.76JNJ ahead
2026-04-14145.41100.49+1.65JNJ ahead
2026-04-13144.11101.26+1.51JNJ ahead
2026-04-10144.42102.34+1.45JNJ ahead
2026-04-09146.14104.05+1.41JNJ ahead
2026-04-08146.14103.85+1.45JNJ ahead
2026-04-07144.39101.43+1.57JNJ ahead
2026-04-06145.94100.99+1.73JNJ ahead
2026-04-02147.19101.92+1.74JNJ ahead
2026-04-01147.84103.98+1.61JNJ ahead
2026-03-31148.04100.20+1.99JNJ ahead
2026-03-30146.8696.59+2.30JNJ ahead
2026-03-27145.6295.67+2.35JNJ ahead
2026-03-26144.8997.72+2.12JNJ ahead
2026-03-25145.3199.82+1.96JNJ ahead
2026-03-24142.4898.37+1.93JNJ ahead
2026-03-23142.5899.19+1.87JNJ ahead
2026-03-20142.5498.77+1.94JNJ ahead
2026-03-19143.9099.95+1.94JNJ ahead
2026-03-18143.70100.01+1.94JNJ ahead
2026-03-17144.20101.35+1.86JNJ ahead
2026-03-16147.28107.75+1.46JNJ ahead
2026-03-13146.27107.31+1.45JNJ ahead
2026-03-12146.58106.46+1.57JNJ ahead
2026-03-11147.16108.92+1.38JNJ ahead
2026-03-10147.60109.08+1.41JNJ ahead
2026-03-09146.92109.85+1.30JNJ ahead
2026-03-06145.59107.88+1.40JNJ ahead
2026-03-05145.12107.11+1.45JNJ ahead
2026-03-04148.56109.32+1.50JNJ ahead
2026-03-03149.44109.78+1.52JNJ ahead
2026-03-02150.53110.89+1.51JNJ ahead
2026-02-27150.45114.60+1.17JNJ ahead
2026-02-26147.45111.33+1.27JNJ ahead
2026-02-25148.48112.08+1.28JNJ ahead
2026-02-24149.15113.53+1.21JNJ ahead
2026-02-23148.89115.32+1.04JNJ ahead
2026-02-20146.86109.97+1.39JNJ ahead
2026-02-19149.53111.47+1.45JNJ ahead
2026-02-18148.37111.18+1.41JNJ ahead
2026-02-17147.37112.86+1.20JNJ ahead
2026-02-13147.44113.29+1.17JNJ ahead
2026-02-12148.10113.11+1.24JNJ ahead
2026-02-11145.87110.59+1.32JNJ ahead
2026-02-10144.35111.66+1.13JNJ ahead
2026-02-09144.53113.80+0.96JNJ ahead
2026-02-06145.34115.27+0.89JNJ ahead
2026-02-05144.01111.21+1.17JNJ ahead
2026-02-04142.00120.61+0.22near the usual relationship
2026-02-03141.17109.31+1.15JNJ ahead
2026-02-02139.75113.74+0.66JNJ ahead
2026-01-30137.63112.98+0.58JNJ ahead
2026-01-29137.65111.57+0.71JNJ ahead
2026-01-28137.91111.53+0.74JNJ ahead
2026-01-27135.93113.24+0.45near the usual relationship
2026-01-26134.14115.77+0.10near the usual relationship
2026-01-23133.32115.94+0.03near the usual relationship
2026-01-22132.32118.45-0.26near the usual relationship
2026-01-21132.03117.49-0.20near the usual relationship
2026-01-20132.15113.43+0.16near the usual relationship
2026-01-16132.42113.12+0.21near the usual relationship
2026-01-15132.98112.53+0.31near the usual relationship
2026-01-14132.36116.92-0.12near the usual relationship
2026-01-13129.39117.34-0.37near the usual relationship
2026-01-12127.01117.76-0.58LLY ahead
2026-01-09123.78115.86-0.68LLY ahead
2026-01-08124.61118.22-0.81LLY ahead
2026-01-07125.66120.71-0.93LLY ahead
2026-01-06124.02115.91-0.66LLY ahead
2026-01-05123.73113.46-0.47near the usual relationship
2026-01-02125.58117.69-0.68LLY ahead
2025-12-31125.33117.07-0.65LLY ahead
2025-12-30125.31117.62-0.69LLY ahead
2025-12-29125.70117.51-0.65LLY ahead
2025-12-26125.74117.41-0.63LLY ahead
2025-12-24125.84117.32-0.62LLY ahead
2025-12-23124.62116.74-0.66LLY ahead
2025-12-22125.56117.27-0.63LLY ahead
2025-12-19124.98116.72-0.63LLY ahead
2025-12-18126.16115.13-0.40near the usual relationship
2025-12-17127.38113.49-0.17near the usual relationship
2025-12-16126.76114.85-0.33near the usual relationship
2025-12-15129.71115.71-0.17near the usual relationship
2025-12-12128.14111.93+0.03near the usual relationship
2025-12-11127.19109.96+0.14near the usual relationship
2025-12-10125.08108.24+0.13near the usual relationship
2025-12-09121.10107.00-0.06near the usual relationship
2025-12-08122.11108.67-0.13near the usual relationship
2025-12-05122.29110.06-0.23near the usual relationship
2025-12-04122.63110.51-0.24near the usual relationship
2025-12-03124.35112.59-0.29near the usual relationship
2025-12-02124.41113.96-0.40near the usual relationship
2025-12-01124.36115.24-0.51LLY ahead
2025-11-28125.31117.16-0.59LLY ahead
2025-11-26125.70120.30-0.82LLY ahead
2025-11-25125.16120.91-0.92LLY ahead
2025-11-24124.79116.58-0.60LLY ahead
2025-11-21123.49115.44-0.61LLY ahead
2025-11-20122.98113.65-0.50LLY ahead
2025-11-19122.64114.34-0.59LLY ahead
2025-11-18121.12112.21-0.53LLY ahead
2025-11-17120.87111.30-0.47near the usual relationship
2025-11-14118.66111.69-0.68LLY ahead
2025-11-13118.25111.43-0.69LLY ahead
2025-11-12117.73110.87-0.68LLY ahead
2025-11-11117.39107.70-0.43near the usual relationship
2025-11-10114.10105.30-0.49near the usual relationship
2025-11-07112.99100.70-0.15near the usual relationship
2025-11-06113.23102.12-0.27near the usual relationship
2025-11-05112.65100.85-0.20near the usual relationship
2025-11-04113.1798.79+0.05near the usual relationship
2025-11-03112.8097.66+0.13near the usual relationship
2025-10-31114.3894.00+0.63JNJ ahead
2025-10-30114.4992.00+0.85JNJ ahead
2025-10-29113.0188.62+1.09JNJ ahead
2025-10-28113.2189.34+1.04JNJ ahead
2025-10-27115.2590.03+1.15JNJ ahead
2025-10-24115.3189.92+1.17JNJ ahead
2025-10-23116.5689.44+1.34JNJ ahead
2025-10-22116.8588.50+1.47JNJ ahead
2025-10-21116.2187.10+1.58JNJ ahead
2025-10-20117.3288.12+1.58JNJ ahead
2025-10-17117.0287.46+1.64JNJ ahead
2025-10-16116.3589.26+1.40JNJ ahead
2025-10-15115.7890.04+1.28JNJ ahead
2025-10-14115.5888.49+1.44JNJ ahead
2025-10-13115.6189.26+1.37JNJ ahead
2025-10-10115.5090.80+1.21JNJ ahead
2025-10-09115.7293.18+0.99JNJ ahead
2025-10-08114.8892.13+1.04JNJ ahead
2025-10-07114.4091.90+1.03JNJ ahead
2025-10-06113.9592.06+0.98JNJ ahead
2025-10-03114.2491.49+1.07JNJ ahead
2025-10-02112.6389.31+1.18JNJ ahead
2025-10-01112.6889.92+1.13JNJ ahead
2025-09-30112.2983.12+1.87JNJ ahead
2025-09-29109.9979.14+2.16JNJ ahead
2025-09-26108.8478.93+2.11JNJ ahead
2025-09-25107.6477.84+2.17JNJ ahead
2025-09-24107.0180.81+1.76JNJ ahead
2025-09-23106.9481.37+1.70JNJ ahead
2025-09-22105.5182.24+1.48JNJ ahead
2025-09-19106.7081.92+1.65JNJ ahead
2025-09-18105.4783.11+1.40JNJ ahead
2025-09-17107.3282.81+1.63JNJ ahead
2025-09-16106.8783.30+1.54JNJ ahead
2025-09-15107.4481.50+1.83JNJ ahead
2025-09-12107.8482.29+1.79JNJ ahead
2025-09-11108.1082.39+1.82JNJ ahead
2025-09-10106.4682.21+1.71JNJ ahead
2025-09-09107.1781.77+1.85JNJ ahead
2025-09-08107.8880.46+2.11JNJ ahead
2025-09-05108.0679.22+2.32JNJ ahead
2025-09-04108.2680.93+2.14JNJ ahead
2025-09-03107.8080.38+2.19JNJ ahead
2025-09-02107.8480.09+2.26JNJ ahead
2025-08-29107.3079.80+2.28JNJ ahead
2025-08-28106.2679.74+2.21JNJ ahead
2025-08-27107.0779.98+2.29JNJ ahead
2025-08-26106.8980.18+2.27JNJ ahead
2025-08-25108.0575.75+3.07JNJ ahead
2025-08-22108.5877.53+2.92JNJ ahead
2025-08-21108.3677.32+2.98JNJ ahead
2025-08-20108.3176.85+3.11JNJ ahead
2025-08-19107.6876.60+3.15JNJ ahead
2025-08-18106.7476.04+3.20JNJ ahead
2025-08-15106.9876.39+3.25JNJ ahead
2025-08-14105.8174.56+3.50JNJ ahead
2025-08-13105.6371.95+4.06JNJ ahead
2025-08-12104.6469.66+4.55JNJ ahead
2025-08-11105.2769.20+4.94JNJ ahead
2025-08-08104.9768.16+5.42JNJ ahead
2025-08-07103.8869.81+5.17JNJ ahead
2025-08-06103.3181.31+2.79JNJ ahead
2025-08-05103.4083.44+2.44JNJ ahead
2025-08-04103.5983.77+2.44JNJ ahead
2025-08-01101.3483.05+2.26JNJ ahead
2025-07-3199.7780.62+2.52JNJ ahead
2025-07-30101.3082.80+2.36JNJ ahead
2025-07-29101.8183.11+2.42JNJ ahead
2025-07-28100.6788.03+1.29JNJ ahead
2025-07-25101.9388.53+1.41JNJ ahead
2025-07-24102.6987.74+1.70JNJ ahead
2025-07-23102.4187.03+1.81JNJ ahead
2025-07-22101.7084.58+2.20JNJ ahead
2025-07-2199.5483.03+2.18JNJ ahead
2025-07-1899.1484.07+1.90JNJ ahead
2025-07-1798.7082.95+2.05JNJ ahead
2025-07-1699.7986.04+1.62JNJ ahead
2025-07-1593.9784.07+1.02JNJ ahead
2025-07-1494.9787.08+0.63JNJ ahead
2025-07-1195.0286.39+0.77JNJ ahead
2025-07-1095.5086.13+0.89JNJ ahead
2025-07-0994.6585.72+0.83JNJ ahead
2025-07-0894.3584.72+0.97JNJ ahead
2025-07-0794.0384.19+1.02JNJ ahead
2025-07-0394.4885.04+0.94JNJ ahead
2025-07-0294.2184.89+0.93JNJ ahead
2025-07-0194.4384.52+1.03JNJ ahead
2025-06-3092.5184.92+0.67JNJ ahead
2025-06-2792.3084.47+0.72JNJ ahead
2025-06-2692.0686.62+0.32near the usual relationship
2025-06-2592.2286.31+0.41near the usual relationship
2025-06-2492.1784.76+0.66JNJ ahead
2025-06-2391.6483.95+0.73JNJ ahead
2025-06-2090.7283.09+0.73JNJ ahead
2025-06-1891.2985.52+0.42near the usual relationship
2025-06-1792.2886.19+0.47near the usual relationship
2025-06-1694.0087.97+0.45near the usual relationship
2025-06-1395.1489.26+0.42near the usual relationship
2025-06-1294.8888.46+0.51JNJ ahead
2025-06-1194.0388.09+0.45near the usual relationship
2025-06-1094.7587.93+0.59JNJ ahead
2025-06-0994.0184.28+1.07JNJ ahead
2025-06-0693.8983.87+1.13JNJ ahead
2025-06-0593.0683.41+1.09JNJ ahead
2025-06-0492.7983.43+1.06JNJ ahead
2025-06-0393.5281.79+1.46JNJ ahead
2025-06-0294.1181.39+1.63JNJ ahead
2025-05-3094.0080.36+1.81JNJ ahead
2025-05-2993.0178.71+1.98JNJ ahead
2025-05-2892.3178.37+1.95JNJ ahead
2025-05-2792.8179.00+1.93JNJ ahead
2025-05-2392.6277.75+2.16JNJ ahead
2025-05-2292.4277.91+2.12JNJ ahead
2025-05-2192.7778.97+1.99JNJ ahead
2025-05-2093.0681.38+1.60JNJ ahead
2025-05-1992.3582.26+1.33JNJ ahead
2025-05-1691.6582.51+1.18JNJ ahead
2025-05-1590.6179.88+1.49JNJ ahead
2025-05-1488.6477.95+1.54JNJ ahead
2025-05-1389.9081.27+1.13JNJ ahead
2025-05-1293.3582.31+1.51JNJ ahead
2025-05-0993.4080.02+1.96JNJ ahead
2025-05-0894.2781.86+1.77JNJ ahead
2025-05-0795.2684.61+1.43JNJ ahead
2025-05-0693.5584.44+1.18JNJ ahead
2025-05-0593.8789.49+0.35near the usual relationship
2025-05-0294.5589.72+0.42near the usual relationship
2025-05-0193.5486.51+0.81JNJ ahead
2025-04-3094.6697.93-0.89LLY ahead
2025-04-2994.4296.43-0.70LLY ahead
2025-04-2894.0895.57-0.63LLY ahead
2025-04-2593.6296.36-0.83LLY ahead
2025-04-2493.8393.66-0.38near the usual relationship
2025-04-2394.1090.35+0.19near the usual relationship
2025-04-2295.5490.15+0.45near the usual relationship
2025-04-2195.0389.11+0.54JNJ ahead
2025-04-1795.3791.50+0.20near the usual relationship
2025-04-1693.2180.06+1.86JNJ ahead
2025-04-1593.0482.48+1.39JNJ ahead
2025-04-1493.4882.18+1.52JNJ ahead
2025-04-1191.8979.79+1.72JNJ ahead
2025-04-1090.0578.53+1.66JNJ ahead
2025-04-0991.4382.11+1.22JNJ ahead
2025-04-0890.8479.11+1.69JNJ ahead
2025-04-0791.2278.84+1.82JNJ ahead
2025-04-0492.8180.42+1.79JNJ ahead
2025-04-0396.7985.96+1.41JNJ ahead
2025-04-0294.0989.13+0.42near the usual relationship
2025-04-0192.8187.72+0.45near the usual relationship
2025-03-31100.4489.97+1.26JNJ ahead
2025-03-2899.1589.60+1.12JNJ ahead
2025-03-2798.7989.51+1.08JNJ ahead
2025-03-2697.9490.06+0.85JNJ ahead
2025-03-2597.5292.85+0.32near the usual relationship
2025-03-2498.8994.22+0.31near the usual relationship
2025-03-2199.1091.24+0.82JNJ ahead
2025-03-2098.7391.79+0.67JNJ ahead
2025-03-1998.7191.18+0.75JNJ ahead
2025-03-1899.4789.60+1.12JNJ ahead
2025-03-1798.6289.85+0.94JNJ ahead
2025-03-1498.6088.62+1.13JNJ ahead
2025-03-1398.7187.33+1.34JNJ ahead
2025-03-1298.6389.53+0.96JNJ ahead
2025-03-11100.4589.77+1.18JNJ ahead
2025-03-10101.5690.39+1.24JNJ ahead
2025-03-07100.9594.73+0.48near the usual relationship
2025-03-06100.4399.43-0.29near the usual relationship
2025-03-05100.00101.28-0.62LLY ahead
2025-03-04100.1899.25-0.31near the usual relationship
2025-03-03101.31101.28-0.45near the usual relationship
2025-02-2899.94100.29-0.51LLY ahead
2025-02-2799.1698.60-0.39near the usual relationship
2025-02-2698.7699.68-0.60LLY ahead
2025-02-25100.5998.24-0.15near the usual relationship
2025-02-2499.1696.02-0.04near the usual relationship
2025-02-2198.2995.18-0.05near the usual relationship
2025-02-2096.7195.11-0.26near the usual relationship
2025-02-1995.6294.45-0.33near the usual relationship
2025-02-1893.8793.38-0.43near the usual relationship
2025-02-1494.5791.97-0.13near the usual relationship
2025-02-1395.2394.98-0.47near the usual relationship
2025-02-1294.0395.10-0.66LLY ahead
2025-02-1194.5694.23-0.47near the usual relationship
2025-02-1093.4194.65-0.70LLY ahead
2025-02-0792.7395.68-0.94LLY ahead
2025-02-0692.9794.81-0.79LLY ahead
2025-02-0593.6891.74-0.28near the usual relationship
2025-02-0492.9689.99-0.15near the usual relationship
2025-02-0391.9888.29-0.05near the usual relationship
2025-01-3192.1588.36-0.05near the usual relationship
2025-01-3092.5889.68-0.18near the usual relationship
2025-01-2991.5487.59-0.05near the usual relationship
2025-01-2891.0787.69-0.14near the usual relationship
2025-01-2792.5988.04-0.01near the usual relationship
2025-01-2488.9285.56-0.15near the usual relationship
2025-01-2388.8183.51+0.08near the usual relationship
2025-01-2287.9882.14+0.15near the usual relationship
2025-01-2189.7280.87+0.49near the usual relationship
2025-01-1789.0479.06+0.62JNJ ahead
2025-01-1689.4982.53+0.23near the usual relationship
2025-01-1587.8081.35+0.17near the usual relationship
2025-01-1487.6681.15+0.17near the usual relationship
2025-01-1387.4986.87-0.51LLY ahead
2025-01-1086.0387.14-0.69LLY ahead
2025-01-0886.1685.76-0.54LLY ahead
2025-01-0788.5684.24-0.14near the usual relationship
2025-01-0687.0083.35-0.21near the usual relationship
2025-01-0387.3285.19-0.38near the usual relationship
2025-01-0287.2284.76-0.35near the usual relationship
2024-12-3187.5884.10-0.25near the usual relationship
2024-12-3086.8184.30-0.36near the usual relationship
2024-12-2787.8585.32-0.37near the usual relationship
2024-12-2688.1786.51-0.46near the usual relationship
2024-12-2488.3386.68-0.46near the usual relationship
2024-12-2387.9886.74-0.51LLY ahead
2024-12-2087.4983.64-0.27near the usual relationship
2024-12-1986.9582.52-0.22near the usual relationship
2024-12-1887.6683.30-0.24near the usual relationship
2024-12-1788.6784.82-0.30near the usual relationship
2024-12-1687.1284.86-0.44near the usual relationship
2024-12-1388.8085.96-0.40near the usual relationship
2024-12-1288.5785.23-0.36near the usual relationship
2024-12-1188.8186.72-0.48near the usual relationship
2024-12-1090.3887.10-0.39near the usual relationship
2024-12-0990.6087.54-0.41near the usual relationship
2024-12-0690.4390.06-0.63LLY ahead
2024-12-0590.5589.94-0.62LLY ahead
2024-12-0491.1390.40-0.62LLY ahead
2024-12-0392.2788.60-0.40near the usual relationship
2024-12-0293.7587.13-0.18near the usual relationship
2024-11-2993.8886.64-0.14near the usual relationship
2024-11-2794.1185.86-0.07near the usual relationship
2024-11-2693.5885.99-0.12near the usual relationship
2024-11-2594.3482.25+0.22near the usual relationship
2024-11-2293.9781.49+0.25near the usual relationship
2024-11-2194.1781.69+0.24near the usual relationship
2024-11-2092.7382.07+0.10near the usual relationship
2024-11-1992.6679.49+0.30near the usual relationship
2024-11-1893.7379.22+0.39near the usual relationship
2024-11-1593.2781.29+0.19near the usual relationship
2024-11-1491.9885.65-0.25near the usual relationship
2024-11-1392.8188.44-0.40near the usual relationship
2024-11-1292.4489.20-0.49near the usual relationship
2024-11-1193.9090.68-0.50LLY ahead
2024-11-0894.1690.58-0.48near the usual relationship
2024-11-0794.9286.87-0.17near the usual relationship
2024-11-0695.6284.58+0.04near the usual relationship
2024-11-0595.9087.81-0.18near the usual relationship
2024-11-0495.8387.82-0.19near the usual relationship
2024-11-0196.9889.21-0.22near the usual relationship
2024-10-3196.8190.39-0.32near the usual relationship
2024-10-3097.2792.25-0.42near the usual relationship
2024-10-2996.9598.43-0.85LLY ahead
2024-10-2897.8797.56-0.74LLY ahead
2024-10-2597.4397.25-0.76LLY ahead
2024-10-2499.1297.10-0.65LLY ahead
2024-10-23100.4598.40-0.66LLY ahead
2024-10-2298.9999.04-0.79LLY ahead
2024-10-2198.6198.71-0.80LLY ahead
2024-10-18100.00100.00-0.80LLY 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).

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)

1 simulated trade to Oct 20, 2026: -6.37% per trade on average after costs, 0 won.

LegsEnteredExitedWhyDaysBefore costsCosts + borrowAfter costs
Long JNJ · Short LLYMay 14, 2018May 30, 2018divergence stop16-$602.66-$35.83-$636.46 (-6.37%)

Per $10,000 a leg. A replay on today's companies cannot prove an edge.

The companies

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.

Related
All pairs →
PairStatusAhead nowIndustry
JNJ / ABBVWatchlistABBV by 0.83 sdBiotechnology: Pharmaceutical Preparations
LLY / ABBVWatchlistneitherBiotechnology: Pharmaceutical Preparations

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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.