SIC 3827 Optical Instruments & Lenses

KLA Corporation vs Nova Ltd.

WatchlistKLAC / NVMIPrices through Oct 22, 2026

Why these are rivals: #1 and #3 by market value ($217B vs $10B) with SEC SIC 3827 (Optical Instruments & Lenses).

Rivals, but right now the price gap does not have a measured habit of closing, so there is no paper idea, whatever the gap.

  • Mean reversion: ADF t-statistic of the spread: -0.85 (needs <= -2.873 (5% critical value))
  • Speed: half-life of the spread, sessions: 114.58 (needs <= 63)
Business leadership

KLAC is the larger business

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

YearKLACNVMILarger
2025$12.2B$881MKLAC
2024$9.8B$672MKLAC
2023$10.5B$518MKLAC
2022$9.2B$571MKLAC
2021$6.9B$416MKLAC
2020$5.8B$269MKLAC

KLAC led in every year with figures for both. Market value: KLAC $217.2B, NVMI $10.1B.

Stock leadership

KLAC is ahead now

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

KLAC leads NVMI by 1.01 standard deviations: +19.2% over its usual price ratio. 4 lead switches in the last year.

Price change3 mo6 mo12 mo
KLAC-29.8%-18.6%+28.8%
NVMI-29.2%-40.7%-7.0%
Relationship

Not a measured twin today

Only these tests can make a pair tradable on paper.

Pass
Aligned sessions: 2521 (needs >= 254)
Pass
Co-movement: daily return correlation, 252 sessions: 0.84 (needs >= 0.60)
Fail
Mean reversion: ADF t-statistic of the spread: -0.85 (needs <= -2.873 (5% critical value))
Fail
Speed: half-life of the spread, sessions: 114.58 (needs <= 63)
Data
Both stocks current
The twins over two years

Prices side by side, and the gap between them

KLAC KLA Corporation NVMI Nova Ltd.Price index, 100 = 2024-10-18. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
200400Oct 2024Oct 2025Oct 2026KLAC 218NVMI 168
Spread z-score: KLAC relative to NVMI, against the 252 sessions before each day. Above 0: KLAC ahead; below 0: NVMI ahead. Lines at +/-2 (idea) and +/-4 (stop).
-4stop-2idea0+2idea+4stopOct 2024Oct 2025Oct 2026
Data table (504 sessions)
DateKLAC indexNVMI indexzAhead
2026-10-22217.87168.36+1.01KLAC ahead
2026-10-21240.86179.81+1.22KLAC ahead
2026-10-20238.37173.73+1.37KLAC ahead
2026-10-19245.24173.23+1.57KLAC ahead
2026-10-16244.27174.37+1.52KLAC ahead
2026-10-15257.12178.84+1.69KLAC ahead
2026-10-14263.53179.89+1.82KLAC ahead
2026-10-13271.18185.82+1.81KLAC ahead
2026-10-12280.20184.79+2.06KLAC ahead
2026-10-09288.23191.63+2.04KLAC ahead
2026-10-08289.93192.49+2.07KLAC ahead
2026-10-07290.09205.08+1.71KLAC ahead
2026-10-06291.02214.15+1.49KLAC ahead
2026-10-05304.85213.27+1.81KLAC ahead
2026-10-02304.91215.04+1.78KLAC ahead
2026-10-01295.25209.87+1.75KLAC ahead
2026-09-30287.29209.11+1.62KLAC ahead
2026-09-29289.65209.07+1.69KLAC ahead
2026-09-28278.80201.09+1.71KLAC ahead
2026-09-25276.96199.90+1.73KLAC ahead
2026-09-24275.76199.12+1.74KLAC ahead
2026-09-23276.87198.54+1.81KLAC ahead
2026-09-22277.55200.83+1.77KLAC ahead
2026-09-21271.13196.95+1.76KLAC ahead
2026-09-18260.85193.32+1.65KLAC ahead
2026-09-17249.04188.95+1.52KLAC ahead
2026-09-16246.65184.16+1.63KLAC ahead
2026-09-15247.63181.90+1.76KLAC ahead
2026-09-14249.20181.67+1.83KLAC ahead
2026-09-11266.23201.84+1.59KLAC ahead
2026-09-10261.13198.70+1.58KLAC ahead
2026-09-09269.57202.95+1.66KLAC ahead
2026-09-08278.52204.72+1.84KLAC ahead
2026-09-04273.54202.00+1.83KLAC ahead
2026-09-03254.88191.47+1.74KLAC ahead
2026-09-02253.88189.78+1.79KLAC ahead
2026-09-01251.86183.29+1.99KLAC ahead
2026-08-31258.58189.16+1.98KLAC ahead
2026-08-28258.71189.49+2.00KLAC ahead
2026-08-27270.84201.35+1.92KLAC ahead
2026-08-26270.93198.88+2.03KLAC ahead
2026-08-25270.21199.91+2.00KLAC ahead
2026-08-24267.60196.92+2.06KLAC ahead
2026-08-21271.16204.65+1.91KLAC ahead
2026-08-20273.92208.39+1.87KLAC ahead
2026-08-19276.00209.18+1.92KLAC ahead
2026-08-18287.08212.24+2.13KLAC ahead
2026-08-17303.25228.43+2.02KLAC ahead
2026-08-14300.24226.98+2.01KLAC ahead
2026-08-13308.57223.39+2.37KLAC ahead
2026-08-12306.92220.35+2.47KLAC ahead
2026-08-11295.45214.94+2.41KLAC ahead
2026-08-10284.06208.89+2.36KLAC ahead
2026-08-07291.97213.35+2.45KLAC ahead
2026-08-06284.77207.00+2.53KLAC ahead
2026-08-05284.15218.44+2.12KLAC ahead
2026-08-04288.05224.47+2.04KLAC ahead
2026-08-03269.34213.72+1.92KLAC ahead
2026-07-31269.44212.19+2.00KLAC ahead
2026-07-30265.77213.92+1.85KLAC ahead
2026-07-29250.83199.18+1.98KLAC ahead
2026-07-28281.20218.40+2.19KLAC ahead
2026-07-27299.71232.82+2.22KLAC ahead
2026-07-24310.26237.76+2.37KLAC ahead
2026-07-23322.36247.20+2.40KLAC ahead
2026-07-22316.41246.69+2.29KLAC ahead
2026-07-21320.64245.97+2.47KLAC ahead
2026-07-20305.96235.15+2.50KLAC ahead
2026-07-17313.55237.48+2.67KLAC ahead
2026-07-16323.31244.90+2.72KLAC ahead
2026-07-15330.87256.49+2.55KLAC ahead
2026-07-14339.52257.07+2.82KLAC ahead
2026-07-13327.55245.77+2.97KLAC ahead
2026-07-10341.21258.35+2.94KLAC ahead
2026-07-09338.27257.31+2.96KLAC ahead
2026-07-08325.97245.37+3.13KLAC ahead
2026-07-07319.03242.35+3.11KLAC ahead
2026-07-06343.85253.31+3.51KLAC ahead
2026-07-02347.15255.22+3.64KLAC ahead
2026-07-01392.31272.84+4.39KLAC ahead
2026-06-30444.66294.74+5.19KLAC ahead
2026-06-29410.29282.50+5.00KLAC ahead
2026-06-26366.44265.23+4.61KLAC ahead
2026-06-25381.42290.02+4.14KLAC ahead
2026-06-24354.42283.33+3.59KLAC ahead
2026-06-23360.33286.56+3.77KLAC ahead
2026-06-22396.69316.54+3.84KLAC ahead
2026-06-18382.54312.31+3.60KLAC ahead
2026-06-17351.84300.97+2.98KLAC ahead
2026-06-16349.78298.95+3.04KLAC ahead
2026-06-15377.91328.78+2.82KLAC ahead
2026-06-12375.14316.51+3.35KLAC ahead
2026-06-11355.43303.79+3.22KLAC ahead
2026-06-10314.75275.96+2.87KLAC ahead
2026-06-09315.30279.30+2.75KLAC ahead
2026-06-08310.69275.75+2.77KLAC ahead
2026-06-05284.32258.27+2.44KLAC ahead
2026-06-04314.08282.50+2.63KLAC ahead
2026-06-03313.20287.74+2.32KLAC ahead
2026-06-02301.42283.99+1.92KLAC ahead
2026-06-01285.92261.56+2.45KLAC ahead
2026-05-29283.22272.69+1.58KLAC ahead
2026-05-28284.09274.67+1.50KLAC ahead
2026-05-27288.45278.03+1.53KLAC ahead
2026-05-26296.44286.22+1.48KLAC ahead
2026-05-22278.31273.32+1.17KLAC ahead
2026-05-21271.50269.53+0.98KLAC ahead
2026-05-20269.63268.19+0.93KLAC ahead
2026-05-19256.53256.50+0.83KLAC ahead
2026-05-18258.86264.24+0.50KLAC ahead
2026-05-15265.92276.40+0.21near the usual relationship
2026-05-14278.98301.89-0.40near the usual relationship
2026-05-13272.61273.41+0.73KLAC ahead
2026-05-12266.96267.73+0.73KLAC ahead
2026-05-11271.94285.55+0.04near the usual relationship
2026-05-08275.48282.92+0.37near the usual relationship
2026-05-07259.87273.89-0.02near the usual relationship
2026-05-06267.68290.18-0.44near the usual relationship
2026-05-05255.39279.94-0.60NVMI ahead
2026-05-04252.51267.24-0.08near the usual relationship
2026-05-01254.42268.44-0.04near the usual relationship
2026-04-30257.97271.66-0.01near the usual relationship
2026-04-29267.67272.23+0.51KLAC ahead
2026-04-28266.61270.86+0.53KLAC ahead
2026-04-27280.02287.88+0.35near the usual relationship
2026-04-24285.18294.75+0.27near the usual relationship
2026-04-23267.56283.87-0.12near the usual relationship
2026-04-22267.06282.89-0.10near the usual relationship
2026-04-21263.13286.49-0.51NVMI ahead
2026-04-20266.07288.89-0.47near the usual relationship
2026-04-17264.02287.04-0.50NVMI ahead
2026-04-16255.68279.15-0.56NVMI ahead
2026-04-15257.64280.89-0.55NVMI ahead
2026-04-14264.68279.59-0.08near the usual relationship
2026-04-13260.68275.25-0.08near the usual relationship
2026-04-10256.04269.29-0.02near the usual relationship
2026-04-09254.56268.22-0.05near the usual relationship
2026-04-08246.47258.14+0.04near the usual relationship
2026-04-07228.27241.22-0.10near the usual relationship
2026-04-06226.97241.87-0.22near the usual relationship
2026-04-02223.55240.07-0.34near the usual relationship
2026-04-01223.99241.98-0.43near the usual relationship
2026-03-31217.00235.75-0.52NVMI ahead
2026-03-30203.76224.33-0.72NVMI ahead
2026-03-27212.70239.25-1.05NVMI ahead
2026-03-26213.87246.25-1.40NVMI ahead
2026-03-25227.53261.27-1.37NVMI ahead
2026-03-24230.82263.52-1.30NVMI ahead
2026-03-23222.75255.62-1.39NVMI ahead
2026-03-20220.87252.59-1.35NVMI ahead
2026-03-19222.77256.27-1.45NVMI ahead
2026-03-18218.47248.52-1.29NVMI ahead
2026-03-17218.32241.85-0.88NVMI ahead
2026-03-16211.97237.64-1.06NVMI ahead
2026-03-13209.08232.67-0.93NVMI ahead
2026-03-12207.74228.06-0.72NVMI ahead
2026-03-11215.91236.56-0.69NVMI ahead
2026-03-10214.13234.61-0.68NVMI ahead
2026-03-09210.62235.09-0.95NVMI ahead
2026-03-06198.16223.29-1.09NVMI ahead
2026-03-05210.66237.55-1.09NVMI ahead
2026-03-04217.52239.74-0.74NVMI ahead
2026-03-03212.43230.85-0.52NVMI ahead
2026-03-02226.22243.31-0.36near the usual relationship
2026-02-27224.69238.24-0.15near the usual relationship
2026-02-26224.65239.82-0.23near the usual relationship
2026-02-25227.95248.09-0.48near the usual relationship
2026-02-24222.05247.01-0.75NVMI ahead
2026-02-23219.25240.23-0.53NVMI ahead
2026-02-20220.48239.53-0.41near the usual relationship
2026-02-19216.63240.31-0.66NVMI ahead
2026-02-18218.17245.29-0.81NVMI ahead
2026-02-17216.68240.11-0.61NVMI ahead
2026-02-13215.78240.90-0.70NVMI ahead
2026-02-12213.83240.78-0.80NVMI ahead
2026-02-11218.05258.31-1.41NVMI ahead
2026-02-10210.88250.15-1.42NVMI ahead
2026-02-09212.25251.72-1.41NVMI ahead
2026-02-06212.66249.69-1.29NVMI ahead
2026-02-05196.17231.64-1.36NVMI ahead
2026-02-04192.66225.63-1.25NVMI ahead
2026-02-03199.78241.93-1.66NVMI ahead
2026-02-02207.87246.54-1.40NVMI ahead
2026-01-30210.45248.54-1.35NVMI ahead
2026-01-29248.29270.14-0.35near the usual relationship
2026-01-28239.82264.47-0.51NVMI ahead
2026-01-27238.21258.98-0.33near the usual relationship
2026-01-26227.41250.83-0.49near the usual relationship
2026-01-23222.95250.21-0.69NVMI ahead
2026-01-22221.07250.46-0.79NVMI ahead
2026-01-21224.02251.35-0.68NVMI ahead
2026-01-20219.03245.42-0.66NVMI ahead
2026-01-16231.06241.95+0.14near the usual relationship
2026-01-15227.70235.90+0.27near the usual relationship
2026-01-14211.42224.22+0.00near the usual relationship
2026-01-13212.49219.67+0.31near the usual relationship
2026-01-12210.48219.11+0.23near the usual relationship
2026-01-09206.33213.92+0.28near the usual relationship
2026-01-08195.22204.00+0.19near the usual relationship
2026-01-07200.39205.74+0.40near the usual relationship
2026-01-06205.59212.43+0.33near the usual relationship
2026-01-05199.32207.85+0.23near the usual relationship
2026-01-02187.83188.56+0.67KLAC ahead
2025-12-31179.08178.27+0.77KLAC ahead
2025-12-30183.29182.42+0.78KLAC ahead
2025-12-29185.76181.31+1.01KLAC ahead
2025-12-26188.59179.64+1.30KLAC ahead
2025-12-24188.20182.59+1.10KLAC ahead
2025-12-23186.99181.29+1.12KLAC ahead
2025-12-22186.53180.51+1.15KLAC ahead
2025-12-19183.59175.25+1.32KLAC ahead
2025-12-18180.16169.80+1.48KLAC ahead
2025-12-17172.73163.37+1.45KLAC ahead
2025-12-16180.30172.74+1.31KLAC ahead
2025-12-15180.56175.99+1.11KLAC ahead
2025-12-12175.96171.46+1.13KLAC ahead
2025-12-11183.66182.30+0.92KLAC ahead
2025-12-10182.59181.77+0.89KLAC ahead
2025-12-09180.63182.75+0.70KLAC ahead
2025-12-08180.48180.67+0.83KLAC ahead
2025-12-05178.99176.13+1.04KLAC ahead
2025-12-04178.05174.01+1.12KLAC ahead
2025-12-03178.59175.10+1.09KLAC ahead
2025-12-02175.36171.93+1.09KLAC ahead
2025-12-01170.54166.01+1.18KLAC ahead
2025-11-28173.24169.83+1.10KLAC ahead
2025-11-26170.82167.02+1.14KLAC ahead
2025-11-25168.88163.43+1.27KLAC ahead
2025-11-24167.53161.80+1.30KLAC ahead
2025-11-21161.69152.23+1.62KLAC ahead
2025-11-20162.48149.71+1.90KLAC ahead
2025-11-19172.06157.28+2.02KLAC ahead
2025-11-18165.52153.97+1.82KLAC ahead
2025-11-17167.08155.68+1.82KLAC ahead
2025-11-14167.18157.60+1.69KLAC ahead
2025-11-13171.21161.15+1.73KLAC ahead
2025-11-12176.70169.29+1.52KLAC ahead
2025-11-11175.51167.68+1.57KLAC ahead
2025-11-10179.50172.69+1.49KLAC ahead
2025-11-07175.88166.98+1.67KLAC ahead
2025-11-06177.80170.47+1.55KLAC ahead
2025-11-05180.85185.78+0.67KLAC ahead
2025-11-04175.90177.66+0.89KLAC ahead
2025-11-03179.68188.78+0.38near the usual relationship
2025-10-31178.14187.09+0.39near the usual relationship
2025-10-30178.98186.74+0.47near the usual relationship
2025-10-29182.06190.86+0.41near the usual relationship
2025-10-28177.75185.09+0.49near the usual relationship
2025-10-27179.09190.65+0.21near the usual relationship
2025-10-24174.32187.32+0.09near the usual relationship
2025-10-23170.81184.76+0.00near the usual relationship
2025-10-22164.23177.89-0.02near the usual relationship
2025-10-21169.11180.96+0.13near the usual relationship
2025-10-20169.91182.99+0.05near the usual relationship
2025-10-17163.10179.55-0.23near the usual relationship
2025-10-16161.94179.87-0.35near the usual relationship
2025-10-15160.20180.30-0.52NVMI ahead
2025-10-14151.17170.50-0.56NVMI ahead
2025-10-13151.06173.20-0.77NVMI ahead
2025-10-10144.84164.10-0.63NVMI ahead
2025-10-09155.26175.92-0.63NVMI ahead
2025-10-08156.60174.52-0.43near the usual relationship
2025-10-07159.87169.84+0.15near the usual relationship
2025-10-06167.97179.68+0.06near the usual relationship
2025-10-03162.35174.82-0.02near the usual relationship
2025-10-02167.90178.60+0.12near the usual relationship
2025-10-01166.37179.86-0.08near the usual relationship
2025-09-30158.96173.53-0.20near the usual relationship
2025-09-29156.83168.88-0.04near the usual relationship
2025-09-26156.85168.16+0.01near the usual relationship
2025-09-25156.09166.63+0.05near the usual relationship
2025-09-24157.50166.90+0.14near the usual relationship
2025-09-23157.87168.76+0.03near the usual relationship
2025-09-22157.88171.22-0.15near the usual relationship
2025-09-19153.98168.06-0.23near the usual relationship
2025-09-18154.26168.74-0.26near the usual relationship
2025-09-17145.89160.91-0.37near the usual relationship
2025-09-16145.99164.04-0.59NVMI ahead
2025-09-15145.75162.55-0.51NVMI ahead
2025-09-12142.08159.11-0.56NVMI ahead
2025-09-11141.38156.45-0.42near the usual relationship
2025-09-10137.45151.00-0.34near the usual relationship
2025-09-09135.25150.49-0.49near the usual relationship
2025-09-08133.97148.49-0.45near the usual relationship
2025-09-05133.39138.81+0.29near the usual relationship
2025-09-04128.71136.22+0.09near the usual relationship
2025-09-03124.37130.72+0.17near the usual relationship
2025-09-02124.73128.74+0.38near the usual relationship
2025-08-29128.52142.96-0.50NVMI ahead
2025-08-28131.76149.95-0.78NVMI ahead
2025-08-27131.00143.07-0.30near the usual relationship
2025-08-26130.89140.87-0.13near the usual relationship
2025-08-25129.63138.31-0.03near the usual relationship
2025-08-22128.26137.23-0.06near the usual relationship
2025-08-21128.57134.21+0.23near the usual relationship
2025-08-20129.46133.79+0.35near the usual relationship
2025-08-19129.12135.38+0.18near the usual relationship
2025-08-18130.19141.39-0.24near the usual relationship
2025-08-15128.95138.08-0.07near the usual relationship
2025-08-14140.81147.02+0.23near the usual relationship
2025-08-13139.93148.98+0.00near the usual relationship
2025-08-12137.88147.39-0.05near the usual relationship
2025-08-11134.14147.83-0.41near the usual relationship
2025-08-08134.82146.74-0.27near the usual relationship
2025-08-07134.42142.54+0.03near the usual relationship
2025-08-06130.91139.90-0.07near the usual relationship
2025-08-05130.20143.04-0.39near the usual relationship
2025-08-04134.94148.06-0.39near the usual relationship
2025-08-01130.67143.07-0.37near the usual relationship
2025-07-31129.55142.55-0.43near the usual relationship
2025-07-30136.32148.66-0.33near the usual relationship
2025-07-29135.01146.84-0.31near the usual relationship
2025-07-28136.05146.10-0.17near the usual relationship
2025-07-25132.95140.39+0.02near the usual relationship
2025-07-24133.26142.00-0.09near the usual relationship
2025-07-23132.21145.83-0.48near the usual relationship
2025-07-22131.50149.07-0.79NVMI ahead
2025-07-21138.21154.67-0.65NVMI ahead
2025-07-18137.23151.03-0.47near the usual relationship
2025-07-17138.11149.95-0.32near the usual relationship
2025-07-16137.58149.54-0.33near the usual relationship
2025-07-15138.03155.21-0.72NVMI ahead
2025-07-14135.86153.05-0.75NVMI ahead
2025-07-11136.26154.26-0.81NVMI ahead
2025-07-10136.86153.85-0.73NVMI ahead
2025-07-09136.06153.12-0.75NVMI ahead
2025-07-08135.47153.28-0.82NVMI ahead
2025-07-07134.50155.46-1.07NVMI ahead
2025-07-03136.26154.69-0.87NVMI ahead
2025-07-02135.75150.06-0.57NVMI ahead
2025-07-01132.47145.72-0.51NVMI ahead
2025-06-30132.01149.39-0.84NVMI ahead
2025-06-27131.15145.29-0.60NVMI ahead
2025-06-26133.07145.96-0.49near the usual relationship
2025-06-25131.68138.62-0.02near the usual relationship
2025-06-24131.02134.91+0.23near the usual relationship
2025-06-23126.20127.08+0.48near the usual relationship
2025-06-20125.27125.49+0.54KLAC ahead
2025-06-18128.39125.97+0.78KLAC ahead
2025-06-17131.61123.79+1.28KLAC ahead
2025-06-16131.52125.10+1.15KLAC ahead
2025-06-13127.88120.62+1.26KLAC ahead
2025-06-12128.96124.09+1.04KLAC ahead
2025-06-11128.52126.40+0.79KLAC ahead
2025-06-10126.24122.82+0.92KLAC ahead
2025-06-09122.22119.91+0.82KLAC ahead
2025-06-06119.08117.80+0.73KLAC ahead
2025-06-05116.71117.51+0.53KLAC ahead
2025-06-04115.26120.85+0.06near the usual relationship
2025-06-03114.34113.85+0.65KLAC ahead
2025-06-02112.37114.98+0.34near the usual relationship
2025-05-30111.55115.97+0.15near the usual relationship
2025-05-29114.07118.26+0.18near the usual relationship
2025-05-28114.59109.05+1.18KLAC ahead
2025-05-27116.29107.53+1.53KLAC ahead
2025-05-23111.5999.34+1.99KLAC ahead
2025-05-22113.12100.27+2.05KLAC ahead
2025-05-21114.8099.99+2.28KLAC ahead
2025-05-20116.47102.52+2.18KLAC ahead
2025-05-19115.99103.24+2.06KLAC ahead
2025-05-16116.60104.10+2.05KLAC ahead
2025-05-15118.79105.93+2.08KLAC ahead
2025-05-14118.64108.12+1.83KLAC ahead
2025-05-13117.30109.92+1.49KLAC ahead
2025-05-12112.08106.20+1.35KLAC ahead
2025-05-09103.3499.63+1.14KLAC ahead
2025-05-08103.66101.38+0.96KLAC ahead
2025-05-07102.33108.96-0.09near the usual relationship
2025-05-06100.13105.25+0.06near the usual relationship
2025-05-05102.18106.44+0.16near the usual relationship
2025-05-02102.89109.76-0.13near the usual relationship
2025-05-0199.67106.21-0.13near the usual relationship
2025-04-30103.56106.51+0.29near the usual relationship
2025-04-29101.39105.66+0.13near the usual relationship
2025-04-28102.24106.42+0.14near the usual relationship
2025-04-25102.37106.75+0.11near the usual relationship
2025-04-24101.61106.81+0.01near the usual relationship
2025-04-2396.8498.72+0.37near the usual relationship
2025-04-2293.7994.53+0.50KLAC ahead
2025-04-2191.4993.84+0.29near the usual relationship
2025-04-1793.5095.34+0.35near the usual relationship
2025-04-1694.6594.75+0.56KLAC ahead
2025-04-1599.66101.40+0.37near the usual relationship
2025-04-1498.7499.97+0.42near the usual relationship
2025-04-1198.7897.60+0.69KLAC ahead
2025-04-1096.7996.62+0.57KLAC ahead
2025-04-09103.65104.08+0.50KLAC ahead
2025-04-0888.3690.51+0.27near the usual relationship
2025-04-0789.1192.62+0.10near the usual relationship
2025-04-0484.9787.96+0.14near the usual relationship
2025-04-0391.5093.47+0.29near the usual relationship
2025-04-02101.13104.06+0.20near the usual relationship
2025-04-01100.58100.37+0.54KLAC ahead
2025-03-31100.19100.07+0.53KLAC ahead
2025-03-2899.27101.21+0.29near the usual relationship
2025-03-27103.17104.68+0.34near the usual relationship
2025-03-26103.98109.14-0.04near the usual relationship
2025-03-25106.39109.32+0.19near the usual relationship
2025-03-24107.25110.60+0.15near the usual relationship
2025-03-21104.12106.81+0.20near the usual relationship
2025-03-20105.59109.09+0.12near the usual relationship
2025-03-19106.06106.11+0.47near the usual relationship
2025-03-18104.64107.62+0.16near the usual relationship
2025-03-17105.86111.98-0.15near the usual relationship
2025-03-14105.08118.96-0.90NVMI ahead
2025-03-13100.44116.83-1.20NVMI ahead
2025-03-12100.28122.01-1.70NVMI ahead
2025-03-1197.89114.89-1.32NVMI ahead
2025-03-1099.98115.46-1.16NVMI ahead
2025-03-07104.83122.70-1.31NVMI ahead
2025-03-06102.01117.05-1.11NVMI ahead
2025-03-05105.50123.41-1.33NVMI ahead
2025-03-04103.02121.34-1.41NVMI ahead
2025-03-03101.86123.81-1.77NVMI ahead
2025-02-28104.47129.84-2.04NVMI ahead
2025-02-27103.04129.82-2.22NVMI ahead
2025-02-26108.84137.15-2.24NVMI ahead
2025-02-25106.85135.95-2.38NVMI ahead
2025-02-24108.70140.68-2.61NVMI ahead
2025-02-21111.17145.94-2.82NVMI ahead
2025-02-20114.61148.55-2.72NVMI ahead
2025-02-19114.18148.24-2.79NVMI ahead
2025-02-18111.75148.24-3.10NVMI ahead
2025-02-14110.64145.47-3.05NVMI ahead
2025-02-13112.64146.03-2.94NVMI ahead
2025-02-12110.62133.23-2.07NVMI ahead
2025-02-11111.81135.22-2.14NVMI ahead
2025-02-10110.75137.51-2.50NVMI ahead
2025-02-07110.20136.46-2.50NVMI ahead
2025-02-06112.28137.76-2.42NVMI ahead
2025-02-05111.88134.95-2.23NVMI ahead
2025-02-04110.43131.11-2.05NVMI ahead
2025-02-03109.09131.46-2.27NVMI ahead
2025-01-31108.80133.10-2.50NVMI ahead
2025-01-30109.42131.38-2.29NVMI ahead
2025-01-29105.08126.15-2.31NVMI ahead
2025-01-28103.60124.36-2.33NVMI ahead
2025-01-27103.57120.74-1.97NVMI ahead
2025-01-24110.51137.01-2.81NVMI ahead
2025-01-23112.15136.70-2.62NVMI ahead
2025-01-22113.76139.45-2.73NVMI ahead
2025-01-21113.08140.32-2.94NVMI ahead
2025-01-17111.64132.95-2.42NVMI ahead
2025-01-16110.13131.55-2.49NVMI ahead
2025-01-15105.56126.30-2.54NVMI ahead
2025-01-14103.35124.27-2.65NVMI ahead
2025-01-13101.84118.26-2.20NVMI ahead
2025-01-10100.67118.19-2.37NVMI ahead
2025-01-08101.13119.27-2.46NVMI ahead
2025-01-07101.59117.48-2.22NVMI ahead
2025-01-06101.74116.51-2.10NVMI ahead
2025-01-0396.83111.09-2.15NVMI ahead
2025-01-0293.82110.11-2.51NVMI ahead
2024-12-3192.87106.92-2.26NVMI ahead
2024-12-3093.39107.04-2.22NVMI ahead
2024-12-2795.03108.60-2.20NVMI ahead
2024-12-2695.58109.90-2.30NVMI ahead
2024-12-2495.87110.28-2.34NVMI ahead
2024-12-2395.50108.12-2.13NVMI ahead
2024-12-2092.76105.06-2.16NVMI ahead
2024-12-1991.70105.79-2.45NVMI ahead
2024-12-1892.96106.72-2.40NVMI ahead
2024-12-1796.52107.30-1.95NVMI ahead
2024-12-1696.70103.37-1.39NVMI ahead
2024-12-1396.35102.24-1.29NVMI ahead
2024-12-1295.30102.90-1.55NVMI ahead
2024-12-1195.63104.23-1.70NVMI ahead
2024-12-1094.60103.31-1.74NVMI ahead
2024-12-0996.15107.76-2.14NVMI ahead
2024-12-0695.55105.96-2.00NVMI ahead
2024-12-0594.71100.91-1.44NVMI ahead
2024-12-0498.19103.01-1.22NVMI ahead
2024-12-0398.11103.09-1.25NVMI ahead
2024-12-0298.16103.41-1.30NVMI ahead
2024-11-2995.3699.76-1.21NVMI ahead
2024-11-2793.1693.58-0.63NVMI ahead
2024-11-2693.0794.75-0.83NVMI ahead
2024-11-2595.0195.60-0.67NVMI ahead
2024-11-2294.2697.58-1.07NVMI ahead
2024-11-2193.3197.56-1.22NVMI ahead
2024-11-2090.9194.56-1.15NVMI ahead
2024-11-1990.7496.06-1.40NVMI ahead
2024-11-1891.4196.20-1.32NVMI ahead
2024-11-1590.5696.99-1.57NVMI ahead
2024-11-1495.06103.28-1.77NVMI ahead
2024-11-1394.99102.86-1.73NVMI ahead
2024-11-1297.98110.65-2.30NVMI ahead
2024-11-1198.16108.18-1.98NVMI ahead
2024-11-08101.31107.31-1.45NVMI ahead
2024-11-07101.12112.03-2.02NVMI ahead
2024-11-0698.69103.85-1.36NVMI ahead
2024-11-0598.7998.41-0.67NVMI ahead
2024-11-0497.7799.08-0.89NVMI ahead
2024-11-0198.65100.42-0.95NVMI ahead
2024-10-3198.19100.59-1.02NVMI ahead
2024-10-30101.96107.26-1.34NVMI ahead
2024-10-29102.61108.39-1.39NVMI ahead
2024-10-2899.39102.63-1.12NVMI ahead
2024-10-2599.20100.02-0.86NVMI ahead
2024-10-2498.1899.65-0.93NVMI ahead
2024-10-2397.9599.28-0.92NVMI ahead
2024-10-2298.7699.04-0.81NVMI ahead
2024-10-2199.28100.99-0.97NVMI ahead
2024-10-18100.00100.00-0.79NVMI ahead

No one-day company-specific move of 4+ standard deviations in this window. Upcoming earnings: KLAC Oct 28, 2026 (after-hours); NVMI Nov 5, 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)

4 simulated trades to Oct 20, 2026: -13.23% per trade on average after costs, 0 won.

LegsEnteredExitedWhyDaysBefore costsCosts + borrowAfter costs
Long KLAC · Short NVMINov 8, 2024Feb 14, 2025divergence stop98-$1,796.33-$73.82-$1,562.22 (-15.62%)
Long NVMI · Short KLACJul 8, 2022Oct 21, 2022divergence stop105-$736.44-$73.51-$1,118.00 (-11.18%)
Long KLAC · Short NVMIMar 19, 2021Nov 18, 2021divergence stop244-$2,042.82-$117.06-$1,443.82 (-14.44%)
Long NVMI · Short KLACJan 31, 2019Mar 1, 2019divergence stop29-$1,015.42-$69.21-$1,169.74 (-11.70%)

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

The companies

KLAC and NVMI at a glance

KLAC KLA Corporation

Listing
Nasdaq · SEC CIK 319201
Industry
Electronic Components · SIC 3827 Optical Instruments & Lenses
Market value
$217.2B
Price history
2,521 daily closes, Oct 12, 2016 to Oct 22, 2026

NVMI Nova Ltd.

Listing
Nasdaq · SEC CIK 1109345
Industry
Electronic Components · SIC 3827 Optical Instruments & Lenses
Market value
$10.1B
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
KLAC / COHRMeasured twinKLAC by 0.64 sdSIC 3827 Optical Instruments & Lenses
COHR / NVMIWatchlistCOHR by 0.35 sdSIC 3827 Optical Instruments & Lenses

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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.