Homebuilding

Lennar Corporation vs PulteGroup Inc.

WatchlistLEN / PHMPrices through Oct 22, 2026

Why these are rivals: #2 and #3 by market value ($21B vs $18B) in Nasdaq's "Homebuilding" industry; SEC SIC 1531 / 1520 (same major group).

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: -1.98 (needs <= -2.873 (5% critical value))
  • Speed: half-life of the spread, sessions: 73.09 (needs <= 63)
Business leadership

LEN is the larger business

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

YearLENPHMLarger
2025$34.2B$17.3BLEN
2024$35.4B$17.9BLEN
2023$34.2B$16.1BLEN
2022$33.7B$16.0BLEN
2021$27.1B$13.7BLEN
2020$22.5B$11.0BLEN

LEN led in every year with figures for both. Market value: LEN $18.0B, PHM $20.8B.

Stock leadership

PHM is ahead now

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

PHM leads LEN by 0.68 standard deviations: +10.8% over its usual price ratio. 0 lead switches in the last year.

Price change3 mo6 mo12 mo
LEN-0.2%-10.3%-34.1%
PHM-7.2%-8.5%-3.1%
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: 0.85 (needs >= 0.60)
Fail
Mean reversion: ADF t-statistic of the spread: -1.98 (needs <= -2.873 (5% critical value))
Fail
Speed: half-life of the spread, sessions: 73.09 (needs <= 63)
Data
Both stocks current
The twins over two years

Prices side by side, and the gap between them

LEN Lennar Corporation PHM PulteGroup Inc.Price index, 100 = 2024-10-18. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
406080100Oct 2024Oct 2025Oct 2026LEN 47PHM 80
Spread z-score: LEN relative to PHM, against the 252 sessions before each day. Above 0: LEN ahead; below 0: PHM ahead. Lines at +/-2 (idea) and +/-4 (stop).
-4stop-2idea0+2idea+4stopOct 2024Oct 2025Oct 2026
Data table (504 sessions)
DateLEN indexPHM indexzAhead
2026-10-2246.5280.17-0.68PHM ahead
2026-10-2142.8075.74-0.87PHM ahead
2026-10-2043.3276.85-0.89PHM ahead
2026-10-1941.7974.41-0.92PHM ahead
2026-10-1642.4676.19-0.98PHM ahead
2026-10-1542.7975.81-0.90PHM ahead
2026-10-1440.5073.37-1.06PHM ahead
2026-10-1341.2774.87-1.07PHM ahead
2026-10-1241.1274.57-1.08PHM ahead
2026-10-0942.2475.23-0.97PHM ahead
2026-10-0842.7476.17-0.98PHM ahead
2026-10-0741.9375.37-1.05PHM ahead
2026-10-0642.6477.90-1.16PHM ahead
2026-10-0541.0076.48-1.31PHM ahead
2026-10-0243.9677.65-0.96PHM ahead
2026-10-0145.2378.07-0.81PHM ahead
2026-09-3044.9477.87-0.85PHM ahead
2026-09-2945.7279.51-0.88PHM ahead
2026-09-2845.1879.93-1.00PHM ahead
2026-09-2545.2580.41-1.03PHM ahead
2026-09-2444.8879.29-1.01PHM ahead
2026-09-2344.9079.65-1.04PHM ahead
2026-09-2245.7582.05-1.12PHM ahead
2026-09-2143.0179.82-1.35PHM ahead
2026-09-1842.1078.68-1.41PHM ahead
2026-09-1743.9079.74-1.23PHM ahead
2026-09-1643.1678.87-1.28PHM ahead
2026-09-1544.1080.16-1.26PHM ahead
2026-09-1444.0679.80-1.24PHM ahead
2026-09-1143.8579.35-1.25PHM ahead
2026-09-1042.9178.11-1.30PHM ahead
2026-09-0944.4879.80-1.21PHM ahead
2026-09-0844.2780.56-1.31PHM ahead
2026-09-0446.0483.50-1.30PHM ahead
2026-09-0346.5283.41-1.24PHM ahead
2026-09-0246.0483.00-1.28PHM ahead
2026-09-0145.5882.62-1.33PHM ahead
2026-08-3146.3384.76-1.40PHM ahead
2026-08-2847.5586.25-1.35PHM ahead
2026-08-2746.8885.04-1.37PHM ahead
2026-08-2648.0087.25-1.39PHM ahead
2026-08-2548.3087.80-1.40PHM ahead
2026-08-2448.5686.96-1.32PHM ahead
2026-08-2147.9386.55-1.38PHM ahead
2026-08-2047.0585.66-1.45PHM ahead
2026-08-1948.0987.68-1.47PHM ahead
2026-08-1846.7984.57-1.42PHM ahead
2026-08-1747.6786.21-1.44PHM ahead
2026-08-1447.8387.35-1.51PHM ahead
2026-08-1348.2287.59-1.49PHM ahead
2026-08-1246.9386.66-1.61PHM ahead
2026-08-1148.2288.85-1.62PHM ahead
2026-08-1047.1587.26-1.66PHM ahead
2026-08-0748.5789.17-1.62PHM ahead
2026-08-0646.7286.92-1.73PHM ahead
2026-08-0548.4189.24-1.69PHM ahead
2026-08-0447.9388.35-1.70PHM ahead
2026-08-0346.9386.75-1.74PHM ahead
2026-07-3145.3684.86-1.84PHM ahead
2026-07-3046.1386.38-1.86PHM ahead
2026-07-2946.5888.77-2.01PHM ahead
2026-07-2848.2890.41-1.91PHM ahead
2026-07-2746.8487.62-1.92PHM ahead
2026-07-2446.6286.39-1.88PHM ahead
2026-07-2345.2483.65-1.89PHM ahead
2026-07-2245.2585.04-2.02PHM ahead
2026-07-2145.0883.37-1.93PHM ahead
2026-07-2045.6682.65-1.80PHM ahead
2026-07-1746.2184.59-1.90PHM ahead
2026-07-1647.5986.57-1.88PHM ahead
2026-07-1546.9884.13-1.78PHM ahead
2026-07-1446.1183.57-1.89PHM ahead
2026-07-1345.6383.03-1.94PHM ahead
2026-07-1046.4283.70-1.90PHM ahead
2026-07-0946.4683.01-1.85PHM ahead
2026-07-0846.0482.49-1.89PHM ahead
2026-07-0747.7887.17-2.05PHM ahead
2026-07-0648.2888.15-2.08PHM ahead
2026-07-0248.5989.69-2.19PHM ahead
2026-07-0147.9588.96-2.25PHM ahead
2026-06-3049.8492.06-2.25PHM ahead
2026-06-2950.0492.55-2.29PHM ahead
2026-06-2651.5192.33-2.07PHM ahead
2026-06-2551.7091.12-1.97PHM ahead
2026-06-2451.2091.06-2.06PHM ahead
2026-06-2348.1184.91-2.02PHM ahead
2026-06-2248.1684.29-1.98PHM ahead
2026-06-1849.4285.19-1.88PHM ahead
2026-06-1747.6381.78-1.87PHM ahead
2026-06-1649.4583.71-1.77PHM ahead
2026-06-1549.4482.42-1.67PHM ahead
2026-06-1249.7482.64-1.66PHM ahead
2026-06-1152.3083.20-1.32PHM ahead
2026-06-1049.4979.50-1.41PHM ahead
2026-06-0950.9882.38-1.47PHM ahead
2026-06-0849.9878.98-1.30PHM ahead
2026-06-0549.8479.44-1.38PHM ahead
2026-06-0450.6179.32-1.26PHM ahead
2026-06-0349.2878.64-1.41PHM ahead
2026-06-0250.0779.02-1.33PHM ahead
2026-06-0149.6378.97-1.41PHM ahead
2026-05-2949.4579.29-1.48PHM ahead
2026-05-2849.4479.18-1.49PHM ahead
2026-05-2750.1079.91-1.47PHM ahead
2026-05-2649.1879.07-1.54PHM ahead
2026-05-2248.9578.12-1.50PHM ahead
2026-05-2148.9378.03-1.50PHM ahead
2026-05-2048.0978.01-1.66PHM ahead
2026-05-1945.7274.51-1.71PHM ahead
2026-05-1846.1775.00-1.70PHM ahead
2026-05-1545.3373.88-1.74PHM ahead
2026-05-1446.9676.40-1.75PHM ahead
2026-05-1346.8075.80-1.73PHM ahead
2026-05-1247.2976.86-1.77PHM ahead
2026-05-1147.9777.46-1.74PHM ahead
2026-05-0848.6878.87-1.79PHM ahead
2026-05-0748.3378.38-1.81PHM ahead
2026-05-0649.8780.58-1.80PHM ahead
2026-05-0547.4879.15-2.09PHM ahead
2026-05-0446.4777.26-2.09PHM ahead
2026-05-0148.7279.99-2.01PHM ahead
2026-04-3049.7482.10-2.08PHM ahead
2026-04-2948.8680.99-2.14PHM ahead
2026-04-2850.8583.82-2.12PHM ahead
2026-04-2751.3686.07-2.30PHM ahead
2026-04-2451.8085.59-2.20PHM ahead
2026-04-2351.8887.65-2.43PHM ahead
2026-04-2252.0285.59-2.22PHM ahead
2026-04-2152.2286.31-2.30PHM ahead
2026-04-2051.8485.48-2.30PHM ahead
2026-04-1751.1184.90-2.40PHM ahead
2026-04-1648.9180.83-2.39PHM ahead
2026-04-1548.7181.07-2.49PHM ahead
2026-04-1448.9382.31-2.63PHM ahead
2026-04-1349.4681.69-2.50PHM ahead
2026-04-1049.0180.74-2.51PHM ahead
2026-04-0948.9882.01-2.71PHM ahead
2026-04-0848.8280.81-2.64PHM ahead
2026-04-0747.1677.22-2.57PHM ahead
2026-04-0648.7980.40-2.68PHM ahead
2026-04-0247.6478.70-2.75PHM ahead
2026-04-0147.0678.60-2.92PHM ahead
2026-03-3147.8378.91-2.84PHM ahead
2026-03-3046.7576.30-2.78PHM ahead
2026-03-2749.7176.91-2.25PHM ahead
2026-03-2650.1878.58-2.41PHM ahead
2026-03-2550.7879.29-2.41PHM ahead
2026-03-2450.8879.23-2.42PHM ahead
2026-03-2351.4879.60-2.37PHM ahead
2026-03-2049.8876.86-2.36PHM ahead
2026-03-1951.6279.07-2.33PHM ahead
2026-03-1852.1978.56-2.16PHM ahead
2026-03-1753.4581.83-2.38PHM ahead
2026-03-1652.8581.97-2.55PHM ahead
2026-03-1352.3179.97-2.43PHM ahead
2026-03-1250.9780.82-2.88PHM ahead
2026-03-1153.1982.78-2.71PHM ahead
2026-03-1054.3883.46-2.59PHM ahead
2026-03-0955.0584.98-2.69PHM ahead
2026-03-0655.7385.78-2.70PHM ahead
2026-03-0557.4586.99-2.54PHM ahead
2026-03-0458.6888.69-2.56PHM ahead
2026-03-0359.7188.59-2.37PHM ahead
2026-03-0260.9389.72-2.31PHM ahead
2026-02-2762.9992.06-2.24PHM ahead
2026-02-2661.6991.02-2.38PHM ahead
2026-02-2560.9990.32-2.45PHM ahead
2026-02-2464.1294.54-2.43PHM ahead
2026-02-2364.0094.08-2.42PHM ahead
2026-02-2064.1593.95-2.41PHM ahead
2026-02-1963.9693.67-2.44PHM ahead
2026-02-1866.7995.34-2.15PHM ahead
2026-02-1766.8994.99-2.11PHM ahead
2026-02-1367.3595.65-2.13PHM ahead
2026-02-1266.5693.19-1.97PHM ahead
2026-02-1166.6493.48-2.02PHM ahead
2026-02-1065.7792.14-2.02PHM ahead
2026-02-0962.8488.82-2.16PHM ahead
2026-02-0662.8090.64-2.46PHM ahead
2026-02-0563.5589.94-2.23PHM ahead
2026-02-0463.4990.29-2.32PHM ahead
2026-02-0361.9887.53-2.26PHM ahead
2026-02-0259.9385.26-2.39PHM ahead
2026-01-3060.2383.93-2.14PHM ahead
2026-01-2961.2785.39-2.16PHM ahead
2026-01-2861.0382.71-1.81PHM ahead
2026-01-2760.6383.12-1.99PHM ahead
2026-01-2660.9183.92-2.07PHM ahead
2026-01-2361.6083.98-1.95PHM ahead
2026-01-2263.1885.73-1.91PHM ahead
2026-01-2165.0087.20-1.78PHM ahead
2026-01-2063.4385.08-1.79PHM ahead
2026-01-1665.3287.38-1.77PHM ahead
2026-01-1567.3489.15-1.65PHM ahead
2026-01-1466.8687.71-1.53PHM ahead
2026-01-1367.9389.68-1.63PHM ahead
2026-01-1266.5989.39-1.88PHM ahead
2026-01-0965.6888.70-1.98PHM ahead
2026-01-0860.3482.64-2.19PHM ahead
2026-01-0757.2578.70-2.26PHM ahead
2026-01-0658.5881.29-2.42PHM ahead
2026-01-0558.0680.42-2.42PHM ahead
2026-01-0257.4179.89-2.52PHM ahead
2025-12-3156.6278.68-2.53PHM ahead
2025-12-3057.2279.26-2.52PHM ahead
2025-12-2957.2479.64-2.61PHM ahead
2025-12-2657.7879.98-2.57PHM ahead
2025-12-2457.8980.08-2.60PHM ahead
2025-12-2357.6978.76-2.44PHM ahead
2025-12-2258.9379.92-2.36PHM ahead
2025-12-1959.4880.34-2.32PHM ahead
2025-12-1859.6781.63-2.52PHM ahead
2025-12-1761.8282.39-2.17PHM ahead
2025-12-1664.7683.46-1.70PHM ahead
2025-12-1565.9584.88-1.69PHM ahead
2025-12-1265.7584.83-1.73PHM ahead
2025-12-1165.6385.59-1.89PHM ahead
2025-12-1066.1185.82-1.84PHM ahead
2025-12-0964.5582.56-1.64PHM ahead
2025-12-0866.4983.79-1.44PHM ahead
2025-12-0568.2585.21-1.32PHM ahead
2025-12-0469.8285.81-1.11PHM ahead
2025-12-0373.3387.45-0.70PHM ahead
2025-12-0271.4684.91-0.65PHM ahead
2025-12-0171.7385.33-0.67PHM ahead
2025-11-2872.3285.34-0.57PHM ahead
2025-11-2672.3185.61-0.62PHM ahead
2025-11-2572.2084.35-0.45near the usual relationship
2025-11-2467.7380.03-0.61PHM ahead
2025-11-2167.8480.73-0.71PHM ahead
2025-11-2064.0376.72-0.80PHM ahead
2025-11-1963.4376.33-0.86PHM ahead
2025-11-1863.8876.15-0.75PHM ahead
2025-11-1762.8576.41-1.01PHM ahead
2025-11-1466.7179.42-0.74PHM ahead
2025-11-1366.7879.46-0.74PHM ahead
2025-11-1268.3780.94-0.68PHM ahead
2025-11-1169.0981.33-0.62PHM ahead
2025-11-1067.8780.63-0.74PHM ahead
2025-11-0766.9580.35-0.87PHM ahead
2025-11-0666.2879.80-0.92PHM ahead
2025-11-0566.7580.15-0.89PHM ahead
2025-11-0467.0180.27-0.87PHM ahead
2025-11-0366.4279.68-0.89PHM ahead
2025-10-3168.1780.43-0.70PHM ahead
2025-10-3068.3779.87-0.58PHM ahead
2025-10-2968.4079.33-0.50PHM ahead
2025-10-2870.6381.01-0.38near the usual relationship
2025-10-2770.9080.72-0.29near the usual relationship
2025-10-2470.2780.87-0.43near the usual relationship
2025-10-2370.1481.09-0.49near the usual relationship
2025-10-2270.0380.66-0.45near the usual relationship
2025-10-2170.6482.71-0.65PHM ahead
2025-10-2069.3282.71-0.88PHM ahead
2025-10-1769.3083.50-1.00PHM ahead
2025-10-1667.6883.12-1.23PHM ahead
2025-10-1567.4483.66-1.36PHM ahead
2025-10-1467.3383.80-1.41PHM ahead
2025-10-1365.0180.84-1.41PHM ahead
2025-10-1065.4280.54-1.30PHM ahead
2025-10-0964.9581.46-1.53PHM ahead
2025-10-0866.1685.65-1.92PHM ahead
2025-10-0767.2886.96-1.92PHM ahead
2025-10-0669.6290.90-2.06PHM ahead
2025-10-0371.6492.33-1.93PHM ahead
2025-10-0270.6990.50-1.87PHM ahead
2025-10-0170.6290.20-1.86PHM ahead
2025-09-3069.4288.65-1.87PHM ahead
2025-09-2970.3389.33-1.83PHM ahead
2025-09-2669.4288.00-1.82PHM ahead
2025-09-2568.3186.38-1.81PHM ahead
2025-09-2469.2387.83-1.87PHM ahead
2025-09-2367.8987.26-2.05PHM ahead
2025-09-2267.1586.71-2.13PHM ahead
2025-09-1970.1388.50-1.86PHM ahead
2025-09-1873.1989.98-1.56PHM ahead
2025-09-1773.2489.98-1.56PHM ahead
2025-09-1673.7089.82-1.47PHM ahead
2025-09-1573.6890.47-1.58PHM ahead
2025-09-1275.6191.99-1.47PHM ahead
2025-09-1177.1693.04-1.37PHM ahead
2025-09-1075.2390.85-1.40PHM ahead
2025-09-0975.7191.73-1.45PHM ahead
2025-09-0878.4494.89-1.44PHM ahead
2025-09-0578.1594.32-1.42PHM ahead
2025-09-0476.0592.33-1.50PHM ahead
2025-09-0373.8589.44-1.48PHM ahead
2025-09-0273.0888.63-1.51PHM ahead
2025-08-2973.3488.58-1.47PHM ahead
2025-08-2873.3388.21-1.43PHM ahead
2025-08-2773.4487.92-1.38PHM ahead
2025-08-2673.4187.98-1.41PHM ahead
2025-08-2574.2588.75-1.38PHM ahead
2025-08-2274.7788.79-1.31PHM ahead
2025-08-2171.1384.12-1.27PHM ahead
2025-08-2071.7884.90-1.28PHM ahead
2025-08-1973.9587.47-1.29PHM ahead
2025-08-1872.3986.02-1.36PHM ahead
2025-08-1572.6886.35-1.36PHM ahead
2025-08-1471.8586.25-1.49PHM ahead
2025-08-1372.1087.20-1.59PHM ahead
2025-08-1268.5682.75-1.58PHM ahead
2025-08-1166.3980.65-1.67PHM ahead
2025-08-0866.5781.62-1.79PHM ahead
2025-08-0765.8380.96-1.84PHM ahead
2025-08-0665.7480.67-1.84PHM ahead
2025-08-0566.1581.20-1.86PHM ahead
2025-08-0465.4280.09-1.85PHM ahead
2025-08-0163.8878.33-1.88PHM ahead
2025-07-3161.7975.76-1.90PHM ahead
2025-07-3061.9076.06-1.95PHM ahead
2025-07-2963.8278.54-1.99PHM ahead
2025-07-2863.9778.38-1.96PHM ahead
2025-07-2563.5378.07-2.01PHM ahead
2025-07-2462.5277.85-2.20PHM ahead
2025-07-2364.5980.03-2.16PHM ahead
2025-07-2265.2981.30-2.25PHM ahead
2025-07-2160.2872.90-1.92PHM ahead
2025-07-1860.3572.91-1.92PHM ahead
2025-07-1760.4273.32-2.00PHM ahead
2025-07-1660.2873.33-2.06PHM ahead
2025-07-1559.3472.46-2.13PHM ahead
2025-07-1462.1875.71-2.12PHM ahead
2025-07-1162.7776.67-2.18PHM ahead
2025-07-1064.1477.28-2.04PHM ahead
2025-07-0963.5476.34-2.02PHM ahead
2025-07-0860.8273.05-2.04PHM ahead
2025-07-0760.1672.56-2.12PHM ahead
2025-07-0360.6673.38-2.18PHM ahead
2025-07-0263.5174.70-1.84PHM ahead
2025-07-0163.6173.77-1.67PHM ahead
2025-06-3060.9370.76-1.71PHM ahead
2025-06-2760.7170.80-1.78PHM ahead
2025-06-2660.4970.08-1.71PHM ahead
2025-06-2560.4669.48-1.62PHM ahead
2025-06-2461.5270.78-1.65PHM ahead
2025-06-2360.9470.35-1.71PHM ahead
2025-06-2058.6268.08-1.81PHM ahead
2025-06-1856.9666.52-1.91PHM ahead
2025-06-1757.6266.24-1.71PHM ahead
2025-06-1660.3168.72-1.61PHM ahead
2025-06-1359.8268.18-1.63PHM ahead
2025-06-1261.7769.88-1.54PHM ahead
2025-06-1161.4269.39-1.54PHM ahead
2025-06-1062.5570.47-1.51PHM ahead
2025-06-0960.7968.08-1.44PHM ahead
2025-06-0659.7867.25-1.51PHM ahead
2025-06-0560.6268.20-1.53PHM ahead
2025-06-0460.7268.35-1.55PHM ahead
2025-06-0358.7466.20-1.58PHM ahead
2025-06-0257.8565.45-1.65PHM ahead
2025-05-3058.4365.77-1.60PHM ahead
2025-05-2958.4366.12-1.68PHM ahead
2025-05-2857.9765.56-1.69PHM ahead
2025-05-2759.5467.48-1.74PHM ahead
2025-05-2357.9365.90-1.81PHM ahead
2025-05-2258.0066.14-1.87PHM ahead
2025-05-2158.1866.49-1.91PHM ahead
2025-05-2060.2867.98-1.74PHM ahead
2025-05-1961.2369.16-1.78PHM ahead
2025-05-1661.6170.06-1.90PHM ahead
2025-05-1560.6568.95-1.92PHM ahead
2025-05-1459.6968.48-2.07PHM ahead
2025-05-1361.9071.42-2.18PHM ahead
2025-05-1261.9971.48-2.20PHM ahead
2025-05-0959.8468.75-2.18PHM ahead
2025-05-0860.3569.35-2.21PHM ahead
2025-05-0759.3867.98-2.18PHM ahead
2025-05-0658.5067.66-2.37PHM ahead
2025-05-0560.1569.56-2.40PHM ahead
2025-05-0260.7070.09-2.42PHM ahead
2025-05-0159.5968.36-2.35PHM ahead
2025-04-3059.8268.83-2.43PHM ahead
2025-04-2959.2668.26-2.49PHM ahead
2025-04-2859.5768.72-2.55PHM ahead
2025-04-2559.2868.36-2.59PHM ahead
2025-04-2460.1669.01-2.54PHM ahead
2025-04-2359.2567.81-2.54PHM ahead
2025-04-2259.4467.69-2.49PHM ahead
2025-04-2157.1362.47-1.84PHM ahead
2025-04-1757.6963.71-2.02PHM ahead
2025-04-1656.6062.31-1.99PHM ahead
2025-04-1557.8863.60-1.98PHM ahead
2025-04-1458.4364.04-1.95PHM ahead
2025-04-1157.9763.43-1.94PHM ahead
2025-04-1057.5562.86-1.93PHM ahead
2025-04-0959.8565.20-1.90PHM ahead
2025-04-0856.7161.74-1.91PHM ahead
2025-04-0758.9864.51-2.01PHM ahead
2025-04-0461.1667.93-2.29PHM ahead
2025-04-0359.7165.59-2.13PHM ahead
2025-04-0263.7170.00-2.16PHM ahead
2025-04-0163.0769.14-2.14PHM ahead
2025-03-3163.2268.97-2.09PHM ahead
2025-03-2862.7568.26-2.06PHM ahead
2025-03-2764.9970.48-2.03PHM ahead
2025-03-2664.9270.60-2.10PHM ahead
2025-03-2564.8570.67-2.16PHM ahead
2025-03-2464.7571.02-2.30PHM ahead
2025-03-2163.4768.92-2.15PHM ahead
2025-03-2066.1470.68-1.88PHM ahead
2025-03-1966.2670.53-1.83PHM ahead
2025-03-1865.2769.44-1.84PHM ahead
2025-03-1765.5369.71-1.86PHM ahead
2025-03-1465.0569.07-1.83PHM ahead
2025-03-1364.0867.83-1.79PHM ahead
2025-03-1265.5169.46-1.84PHM ahead
2025-03-1166.8971.01-1.88PHM ahead
2025-03-1068.9772.06-1.60PHM ahead
2025-03-0768.9672.40-1.71PHM ahead
2025-03-0669.4872.64-1.64PHM ahead
2025-03-0567.2271.10-1.87PHM ahead
2025-03-0465.4169.04-1.85PHM ahead
2025-03-0364.9668.46-1.84PHM ahead
2025-02-2865.8969.30-1.82PHM ahead
2025-02-2766.3069.06-1.65PHM ahead
2025-02-2666.9470.08-1.76PHM ahead
2025-02-2568.4871.28-1.67PHM ahead
2025-02-2465.9968.24-1.56PHM ahead
2025-02-2166.4169.18-1.71PHM ahead
2025-02-2067.5871.01-1.88PHM ahead
2025-02-1966.6270.36-1.99PHM ahead
2025-02-1867.4870.85-1.90PHM ahead
2025-02-1468.2172.08-2.03PHM ahead
2025-02-1368.1671.59-1.94PHM ahead
2025-02-1266.9871.12-2.16PHM ahead
2025-02-1168.8172.01-1.91PHM ahead
2025-02-1067.5871.50-2.13PHM ahead
2025-02-0767.1771.03-2.15PHM ahead
2025-02-0670.0973.81-2.09PHM ahead
2025-02-0570.2274.70-2.31PHM ahead
2025-02-0470.6674.06-2.05PHM ahead
2025-02-0369.5173.24-2.18PHM ahead
2025-01-3172.2976.34-2.26PHM ahead
2025-01-3074.5079.52-2.50PHM ahead
2025-01-2972.8375.81-2.04PHM ahead
2025-01-2874.9377.19-1.86PHM ahead
2025-01-2775.9179.21-2.14PHM ahead
2025-01-2472.9177.62-2.57PHM ahead
2025-01-2374.0978.18-2.43PHM ahead
2025-01-2274.9878.43-2.29PHM ahead
2025-01-2173.3477.70-2.59PHM ahead
2025-01-1774.9278.52-2.41PHM ahead
2025-01-1674.4778.46-2.55PHM ahead
2025-01-1573.3477.81-2.74PHM ahead
2025-01-1471.5575.48-2.67PHM ahead
2025-01-1369.6473.13-2.61PHM ahead
2025-01-1068.5872.20-2.71PHM ahead
2025-01-0870.6874.11-2.67PHM ahead
2025-01-0770.4772.35-2.24PHM ahead
2025-01-0671.4973.09-2.17PHM ahead
2025-01-0371.9273.84-2.29PHM ahead
2025-01-0271.1272.22-2.07PHM ahead
2024-12-3172.1873.07-2.03PHM ahead
2024-12-3072.0973.04-2.07PHM ahead
2024-12-2772.6173.48-2.07PHM ahead
2024-12-2673.3874.24-2.09PHM ahead
2024-12-2473.0474.31-2.25PHM ahead
2024-12-2373.0473.89-2.14PHM ahead
2024-12-2073.0974.15-2.24PHM ahead
2024-12-1973.2573.06-1.86PHM ahead
2024-12-1877.2474.67-1.13PHM ahead
2024-12-1780.1777.76-1.22PHM ahead
2024-12-1680.4178.53-1.39PHM ahead
2024-12-1381.7279.46-1.30PHM ahead
2024-12-1282.2980.98-1.59PHM ahead
2024-12-1183.7181.80-1.44PHM ahead
2024-12-1085.5784.10-1.59PHM ahead
2024-12-0987.8786.20-1.56PHM ahead
2024-12-0686.5185.09-1.63PHM ahead
2024-12-0587.3385.80-1.62PHM ahead
2024-12-0488.6086.76-1.56PHM ahead
2024-12-0391.8889.91-1.56PHM ahead
2024-12-0291.8290.67-1.79PHM ahead
2024-11-2992.3090.76-1.71PHM ahead
2024-11-2792.1591.61-1.99PHM ahead
2024-11-2691.7890.98-1.95PHM ahead
2024-11-2594.5692.36-1.60PHM ahead
2024-11-2289.5487.06-1.51PHM ahead
2024-11-2188.9685.96-1.37PHM ahead
2024-11-2089.0485.92-1.34PHM ahead
2024-11-1989.3286.23-1.37PHM ahead
2024-11-1888.8886.27-1.51PHM ahead
2024-11-1589.3786.48-1.45PHM ahead
2024-11-1489.8786.85-1.43PHM ahead
2024-11-1388.0485.53-1.57PHM ahead
2024-11-1287.9686.47-1.88PHM ahead
2024-11-1191.2089.55-1.87PHM ahead
2024-11-0891.3589.04-1.70PHM ahead
2024-11-0790.7388.00-1.60PHM ahead
2024-11-0689.2986.67-1.63PHM ahead
2024-11-0593.8389.41-1.18PHM ahead
2024-11-0491.3786.88-1.14PHM ahead
2024-11-0189.8086.14-1.36PHM ahead
2024-10-3190.1486.91-1.51PHM ahead
2024-10-3090.7787.40-1.49PHM ahead
2024-10-2990.0386.94-1.58PHM ahead
2024-10-2892.1589.83-1.83PHM ahead
2024-10-2591.7288.88-1.70PHM ahead
2024-10-2493.0991.14-1.98PHM ahead
2024-10-2391.3489.35-1.98PHM ahead
2024-10-2291.8789.78-1.97PHM ahead
2024-10-2195.6196.79-2.93PHM ahead
2024-10-18100.00100.00-2.65PHM ahead

One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Oct 22, 2024 (LEN -3.9%, PHM -7.2%); Apr 22, 2025 (LEN +4.1%, PHM +8.4%); Mar 30, 2026 (LEN -6.0%, PHM -0.8%); Oct 5, 2026 (LEN -6.7%, PHM -1.5%). Upcoming earnings: PHM Oct 22, 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

LEN and PHM at a glance

LEN Lennar Corporation

Listing
NYSE · SEC CIK 920760
Industry
Homebuilding · SIC 1520 General Bldg Contractors - Residential Bldgs
Market value
$18.0B
Price history
2,521 daily closes, Oct 12, 2016 to Oct 22, 2026

PHM PulteGroup Inc.

Listing
NYSE · SEC CIK 822416
Industry
Homebuilding · SIC 1531 Operative Builders
Market value
$20.8B
Price history
2,521 daily closes, Oct 12, 2016 to Oct 22, 2026

Daily prices: Nasdaq.com. Filings and industry codes: SEC EDGAR. Earnings dates: Nasdaq earnings calendar.

Related
All pairs →
PairStatusAhead nowIndustry
DHI / PHMMeasured twinDHI by 0.91 sdHomebuilding
DHI / LENWatchlistDHI by 0.97 sdHomebuilding
PHM / NVRWatchlistPHM by 0.81 sdSIC 1531 Operative Builders

Follow the research behind the paper book

Boostio is a research-first platform in private beta: crypto candidates, daily market stories, public paper trading and now rival stocks. Exploring these pages stays free and open.

Explore the private beta

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.