Mastercard Incorporated vs Visa Inc.
Why these are rivals: #1 and #2 by market value ($720B vs $540B) in Nasdaq's "Business Services" industry; SEC SIC 7389 / 7389 (same major group); #1 and #2 by market value ($720B vs $540B) with SEC SIC 7389 (Services-Business Services, NEC).
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: -1.55 (needs <= -2.873 (5% critical value))
V is the larger business
Annual revenue reported to the SEC. Scale, not market share.
| Year | MA | V | Larger |
|---|---|---|---|
| 2025 | $32.8B | $40.0B | V |
| 2024 | $28.2B | $35.9B | V |
| 2023 | $25.1B | $32.7B | V |
| 2022 | $22.2B | $29.3B | V |
| 2021 | $18.9B | $24.1B | V |
| 2020 | $15.3B | $21.8B | V |
V led in every year with figures for both. Market value: MA $540.0B, V $719.9B.
V is ahead now
Measured against the pair's own last 252 trading days.
V leads MA by 0.99 standard deviations: +3.7% over its usual price ratio. 4 lead switches in the last year.
| Price change | 3 mo | 6 mo | 12 mo |
|---|---|---|---|
| MA | +17.3% | +26.0% | +10.7% |
| V | +16.5% | +34.1% | +19.3% |
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: 0.87 (needs >= 0.60)
- Fail
- Mean reversion: ADF t-statistic of the spread: -1.55 (needs <= -2.873 (5% critical value))
- Pass
- Speed: half-life of the spread, sessions: 35.48 (needs <= 63)
- Data
- Both stocks current
Prices side by side, and the gap between them
Data table (504 sessions)
| Date | MA index | V index | z | Ahead |
|---|---|---|---|---|
| 2026-10-22 | 122.63 | 142.57 | -0.99 | V ahead |
| 2026-10-21 | 120.58 | 140.34 | -1.02 | V ahead |
| 2026-10-20 | 120.16 | 139.90 | -1.04 | V ahead |
| 2026-10-19 | 119.38 | 138.64 | -0.98 | V ahead |
| 2026-10-16 | 119.58 | 138.53 | -0.92 | V ahead |
| 2026-10-15 | 119.36 | 137.55 | -0.79 | V ahead |
| 2026-10-14 | 116.83 | 134.69 | -0.80 | V ahead |
| 2026-10-13 | 117.13 | 136.28 | -1.06 | V ahead |
| 2026-10-12 | 115.25 | 133.94 | -1.04 | V ahead |
| 2026-10-09 | 114.10 | 132.63 | -1.05 | V ahead |
| 2026-10-08 | 111.31 | 129.07 | -0.99 | V ahead |
| 2026-10-07 | 110.40 | 128.04 | -1.00 | V ahead |
| 2026-10-06 | 109.73 | 127.53 | -1.07 | V ahead |
| 2026-10-05 | 109.34 | 127.21 | -1.11 | V ahead |
| 2026-10-02 | 106.96 | 124.10 | -1.04 | V ahead |
| 2026-10-01 | 106.52 | 123.82 | -1.10 | V ahead |
| 2026-09-30 | 106.80 | 123.64 | -1.00 | V ahead |
| 2026-09-29 | 109.15 | 125.90 | -0.91 | V ahead |
| 2026-09-28 | 110.06 | 126.54 | -0.83 | V ahead |
| 2026-09-25 | 109.94 | 126.41 | -0.84 | V ahead |
| 2026-09-24 | 109.63 | 126.62 | -0.96 | V ahead |
| 2026-09-23 | 108.44 | 124.40 | -0.79 | V ahead |
| 2026-09-22 | 107.66 | 124.58 | -1.02 | V ahead |
| 2026-09-21 | 109.94 | 127.30 | -1.05 | V ahead |
| 2026-09-18 | 109.47 | 126.73 | -1.05 | V ahead |
| 2026-09-17 | 109.57 | 127.29 | -1.15 | V ahead |
| 2026-09-16 | 109.96 | 127.63 | -1.13 | V ahead |
| 2026-09-15 | 111.03 | 129.25 | -1.21 | V ahead |
| 2026-09-14 | 111.25 | 129.13 | -1.14 | V ahead |
| 2026-09-11 | 110.24 | 127.47 | -1.05 | V ahead |
| 2026-09-10 | 109.50 | 126.35 | -1.01 | V ahead |
| 2026-09-09 | 109.91 | 126.42 | -0.93 | V ahead |
| 2026-09-08 | 110.56 | 126.85 | -0.87 | V ahead |
| 2026-09-04 | 112.18 | 129.06 | -0.95 | V ahead |
| 2026-09-03 | 113.43 | 130.32 | -0.92 | V ahead |
| 2026-09-02 | 113.91 | 130.20 | -0.80 | V ahead |
| 2026-09-01 | 112.54 | 128.23 | -0.73 | V ahead |
| 2026-08-31 | 114.13 | 130.54 | -0.83 | V ahead |
| 2026-08-28 | 115.29 | 131.31 | -0.73 | V ahead |
| 2026-08-27 | 114.60 | 130.64 | -0.76 | V ahead |
| 2026-08-26 | 115.91 | 132.10 | -0.76 | V ahead |
| 2026-08-25 | 116.08 | 132.18 | -0.74 | V ahead |
| 2026-08-24 | 116.18 | 131.58 | -0.62 | V ahead |
| 2026-08-21 | 112.45 | 127.67 | -0.68 | V ahead |
| 2026-08-20 | 111.14 | 125.84 | -0.62 | V ahead |
| 2026-08-19 | 111.11 | 125.78 | -0.62 | V ahead |
| 2026-08-18 | 111.23 | 125.34 | -0.52 | V ahead |
| 2026-08-17 | 108.89 | 123.47 | -0.68 | V ahead |
| 2026-08-14 | 110.25 | 125.30 | -0.74 | V ahead |
| 2026-08-13 | 109.82 | 125.75 | -0.93 | V ahead |
| 2026-08-12 | 108.40 | 123.67 | -0.84 | V ahead |
| 2026-08-11 | 108.73 | 124.84 | -1.01 | V ahead |
| 2026-08-10 | 109.07 | 124.33 | -0.84 | V ahead |
| 2026-08-07 | 109.03 | 124.73 | -0.93 | V ahead |
| 2026-08-06 | 111.54 | 127.48 | -0.92 | V ahead |
| 2026-08-05 | 110.49 | 126.81 | -1.03 | V ahead |
| 2026-08-04 | 110.61 | 127.17 | -1.08 | V ahead |
| 2026-08-03 | 110.58 | 125.82 | -0.83 | V ahead |
| 2026-07-31 | 110.99 | 125.98 | -0.77 | V ahead |
| 2026-07-30 | 111.82 | 126.03 | -0.61 | V ahead |
| 2026-07-29 | 109.10 | 126.88 | -1.38 | V ahead |
| 2026-07-28 | 108.99 | 126.14 | -1.27 | V ahead |
| 2026-07-27 | 106.85 | 124.74 | -1.49 | V ahead |
| 2026-07-24 | 104.52 | 122.41 | -1.58 | V ahead |
| 2026-07-23 | 102.70 | 120.98 | -1.73 | V ahead |
| 2026-07-22 | 103.03 | 121.61 | -1.80 | V ahead |
| 2026-07-21 | 104.25 | 122.43 | -1.69 | V ahead |
| 2026-07-20 | 106.02 | 124.07 | -1.61 | V ahead |
| 2026-07-17 | 105.28 | 123.38 | -1.66 | V ahead |
| 2026-07-16 | 106.82 | 125.64 | -1.77 | V ahead |
| 2026-07-15 | 103.65 | 122.20 | -1.84 | V ahead |
| 2026-07-14 | 104.20 | 122.50 | -1.78 | V ahead |
| 2026-07-13 | 104.14 | 123.10 | -1.94 | V ahead |
| 2026-07-10 | 102.01 | 120.08 | -1.85 | V ahead |
| 2026-07-09 | 101.33 | 119.81 | -1.98 | V ahead |
| 2026-07-08 | 100.68 | 119.58 | -2.13 | V ahead |
| 2026-07-07 | 102.96 | 121.19 | -1.90 | V ahead |
| 2026-07-06 | 103.25 | 122.93 | -2.24 | V ahead |
| 2026-07-02 | 104.46 | 124.61 | -2.31 | V ahead |
| 2026-07-01 | 101.18 | 120.80 | -2.37 | V ahead |
| 2026-06-30 | 99.47 | 118.05 | -2.23 | V ahead |
| 2026-06-29 | 98.70 | 117.56 | -2.36 | V ahead |
| 2026-06-26 | 96.65 | 115.69 | -2.54 | V ahead |
| 2026-06-25 | 94.69 | 113.73 | -2.68 | V ahead |
| 2026-06-24 | 95.75 | 114.32 | -2.54 | V ahead |
| 2026-06-23 | 94.52 | 113.03 | -2.62 | V ahead |
| 2026-06-22 | 93.75 | 112.38 | -2.74 | V ahead |
| 2026-06-18 | 94.86 | 112.60 | -2.48 | V ahead |
| 2026-06-17 | 95.48 | 113.68 | -2.62 | V ahead |
| 2026-06-16 | 97.09 | 114.62 | -2.39 | V ahead |
| 2026-06-15 | 95.02 | 111.42 | -2.20 | V ahead |
| 2026-06-12 | 94.89 | 110.93 | -2.13 | V ahead |
| 2026-06-11 | 94.22 | 109.78 | -2.05 | V ahead |
| 2026-06-10 | 94.72 | 111.13 | -2.29 | V ahead |
| 2026-06-09 | 95.91 | 111.85 | -2.12 | V ahead |
| 2026-06-08 | 94.06 | 110.00 | -2.24 | V ahead |
| 2026-06-05 | 95.11 | 111.34 | -2.30 | V ahead |
| 2026-06-04 | 93.30 | 110.17 | -2.62 | V ahead |
| 2026-06-03 | 91.33 | 107.49 | -2.55 | V ahead |
| 2026-06-02 | 92.51 | 109.19 | -2.69 | V ahead |
| 2026-06-01 | 95.92 | 111.06 | -2.06 | V ahead |
| 2026-05-29 | 95.67 | 112.30 | -2.56 | V ahead |
| 2026-05-28 | 95.62 | 111.81 | -2.46 | V ahead |
| 2026-05-27 | 95.87 | 112.73 | -2.70 | V ahead |
| 2026-05-26 | 95.48 | 112.34 | -2.77 | V ahead |
| 2026-05-22 | 96.55 | 113.16 | -2.67 | V ahead |
| 2026-05-21 | 96.76 | 113.94 | -2.88 | V ahead |
| 2026-05-20 | 96.46 | 113.81 | -3.02 | V ahead |
| 2026-05-19 | 96.78 | 113.52 | -2.85 | V ahead |
| 2026-05-18 | 97.96 | 114.46 | -2.74 | V ahead |
| 2026-05-15 | 95.71 | 112.09 | -2.88 | V ahead |
| 2026-05-14 | 94.89 | 110.98 | -2.89 | V ahead |
| 2026-05-13 | 95.02 | 110.22 | -2.60 | V ahead |
| 2026-05-12 | 96.80 | 112.32 | -2.66 | V ahead |
| 2026-05-11 | 96.41 | 111.44 | -2.54 | V ahead |
| 2026-05-08 | 95.96 | 109.69 | -2.11 | V ahead |
| 2026-05-07 | 97.02 | 110.55 | -2.00 | V ahead |
| 2026-05-06 | 95.26 | 109.70 | -2.47 | V ahead |
| 2026-05-05 | 96.27 | 110.81 | -2.49 | V ahead |
| 2026-05-04 | 97.75 | 112.47 | -2.50 | V ahead |
| 2026-05-01 | 95.96 | 112.87 | -3.54 | V ahead |
| 2026-04-30 | 97.40 | 113.50 | -3.18 | V ahead |
| 2026-04-29 | 101.72 | 115.22 | -1.91 | V ahead |
| 2026-04-28 | 98.31 | 106.43 | +0.13 | near the usual relationship |
| 2026-04-27 | 98.08 | 106.55 | -0.02 | near the usual relationship |
| 2026-04-24 | 97.64 | 106.47 | -0.18 | near the usual relationship |
| 2026-04-23 | 97.30 | 106.28 | -0.26 | near the usual relationship |
| 2026-04-22 | 98.80 | 107.11 | +0.08 | near the usual relationship |
| 2026-04-21 | 99.03 | 106.65 | +0.39 | near the usual relationship |
| 2026-04-20 | 100.06 | 108.02 | +0.28 | near the usual relationship |
| 2026-04-17 | 100.96 | 109.08 | +0.25 | near the usual relationship |
| 2026-04-16 | 100.43 | 108.42 | +0.30 | near the usual relationship |
| 2026-04-15 | 100.70 | 108.70 | +0.31 | near the usual relationship |
| 2026-04-14 | 99.38 | 107.14 | +0.37 | near the usual relationship |
| 2026-04-13 | 98.50 | 106.46 | +0.27 | near the usual relationship |
| 2026-04-10 | 96.58 | 104.73 | +0.14 | near the usual relationship |
| 2026-04-09 | 97.53 | 106.08 | +0.03 | near the usual relationship |
| 2026-04-08 | 98.21 | 106.31 | +0.23 | near the usual relationship |
| 2026-04-07 | 96.50 | 104.11 | +0.37 | near the usual relationship |
| 2026-04-06 | 97.13 | 104.37 | +0.53 | MA ahead |
| 2026-04-02 | 95.56 | 103.50 | +0.23 | near the usual relationship |
| 2026-04-01 | 95.22 | 102.71 | +0.39 | near the usual relationship |
| 2026-03-31 | 96.77 | 104.00 | +0.54 | MA ahead |
| 2026-03-30 | 95.67 | 103.07 | +0.45 | near the usual relationship |
| 2026-03-27 | 93.78 | 101.69 | +0.21 | near the usual relationship |
| 2026-03-26 | 96.98 | 105.13 | +0.22 | near the usual relationship |
| 2026-03-25 | 97.37 | 104.92 | +0.46 | near the usual relationship |
| 2026-03-24 | 96.63 | 104.52 | +0.31 | near the usual relationship |
| 2026-03-23 | 96.91 | 104.76 | +0.34 | near the usual relationship |
| 2026-03-20 | 96.12 | 103.79 | +0.39 | near the usual relationship |
| 2026-03-19 | 95.12 | 103.13 | +0.24 | near the usual relationship |
| 2026-03-18 | 94.60 | 102.89 | +0.12 | near the usual relationship |
| 2026-03-17 | 98.11 | 106.14 | +0.33 | near the usual relationship |
| 2026-03-16 | 98.48 | 106.71 | +0.28 | near the usual relationship |
| 2026-03-13 | 96.45 | 105.68 | -0.15 | near the usual relationship |
| 2026-03-12 | 96.31 | 105.46 | -0.12 | near the usual relationship |
| 2026-03-11 | 97.61 | 106.31 | +0.09 | near the usual relationship |
| 2026-03-10 | 99.69 | 108.19 | +0.23 | near the usual relationship |
| 2026-03-09 | 100.27 | 108.72 | +0.27 | near the usual relationship |
| 2026-03-06 | 101.16 | 109.20 | +0.44 | near the usual relationship |
| 2026-03-05 | 101.61 | 110.04 | +0.33 | near the usual relationship |
| 2026-03-04 | 101.27 | 110.27 | +0.13 | near the usual relationship |
| 2026-03-03 | 101.55 | 110.40 | +0.19 | near the usual relationship |
| 2026-03-02 | 100.90 | 110.28 | -0.01 | near the usual relationship |
| 2026-02-27 | 100.17 | 110.16 | -0.24 | near the usual relationship |
| 2026-02-26 | 99.70 | 108.97 | -0.01 | near the usual relationship |
| 2026-02-25 | 98.65 | 107.70 | +0.04 | near the usual relationship |
| 2026-02-24 | 96.45 | 105.71 | -0.11 | near the usual relationship |
| 2026-02-23 | 96.07 | 105.47 | -0.17 | near the usual relationship |
| 2026-02-20 | 101.95 | 110.44 | +0.34 | near the usual relationship |
| 2026-02-19 | 100.76 | 109.74 | +0.14 | near the usual relationship |
| 2026-02-18 | 102.25 | 110.21 | +0.53 | MA ahead |
| 2026-02-17 | 101.08 | 109.94 | +0.20 | near the usual relationship |
| 2026-02-13 | 100.39 | 108.07 | +0.59 | MA ahead |
| 2026-02-12 | 102.15 | 111.55 | +0.06 | near the usual relationship |
| 2026-02-11 | 104.09 | 113.29 | +0.18 | near the usual relationship |
| 2026-02-10 | 104.66 | 112.92 | +0.51 | MA ahead |
| 2026-02-09 | 103.68 | 112.03 | +0.45 | near the usual relationship |
| 2026-02-06 | 106.27 | 114.09 | +0.70 | MA ahead |
| 2026-02-05 | 106.88 | 113.25 | +1.20 | MA ahead |
| 2026-02-04 | 107.20 | 113.53 | +1.23 | MA ahead |
| 2026-02-03 | 106.66 | 113.18 | +1.16 | MA ahead |
| 2026-02-02 | 107.56 | 114.87 | +0.92 | MA ahead |
| 2026-01-30 | 104.35 | 110.74 | +1.16 | MA ahead |
| 2026-01-29 | 105.30 | 114.17 | +0.35 | near the usual relationship |
| 2026-01-28 | 100.97 | 112.51 | -0.69 | V ahead |
| 2026-01-27 | 100.79 | 111.92 | -0.56 | V ahead |
| 2026-01-26 | 102.13 | 113.03 | -0.43 | near the usual relationship |
| 2026-01-23 | 101.63 | 112.24 | -0.36 | near the usual relationship |
| 2026-01-22 | 103.20 | 112.30 | +0.21 | near the usual relationship |
| 2026-01-21 | 102.17 | 111.93 | -0.05 | near the usual relationship |
| 2026-01-20 | 102.98 | 112.11 | +0.19 | near the usual relationship |
| 2026-01-16 | 104.48 | 112.97 | +0.45 | near the usual relationship |
| 2026-01-15 | 105.10 | 112.78 | +0.73 | MA ahead |
| 2026-01-14 | 105.90 | 113.26 | +0.86 | MA ahead |
| 2026-01-13 | 105.55 | 112.82 | +0.89 | MA ahead |
| 2026-01-12 | 109.67 | 118.09 | +0.61 | MA ahead |
| 2026-01-09 | 111.47 | 120.35 | +0.50 | MA ahead |
| 2026-01-08 | 112.34 | 121.20 | +0.54 | MA ahead |
| 2026-01-07 | 112.31 | 122.46 | +0.13 | near the usual relationship |
| 2026-01-06 | 112.39 | 123.03 | -0.02 | near the usual relationship |
| 2026-01-05 | 110.12 | 121.74 | -0.40 | near the usual relationship |
| 2026-01-02 | 109.06 | 119.22 | +0.02 | near the usual relationship |
| 2025-12-31 | 110.56 | 120.68 | +0.07 | near the usual relationship |
| 2025-12-30 | 111.83 | 121.68 | +0.19 | near the usual relationship |
| 2025-12-29 | 111.92 | 122.02 | +0.11 | near the usual relationship |
| 2025-12-26 | 112.25 | 122.15 | +0.18 | near the usual relationship |
| 2025-12-24 | 112.22 | 122.20 | +0.15 | near the usual relationship |
| 2025-12-23 | 111.62 | 121.60 | +0.13 | near the usual relationship |
| 2025-12-22 | 111.50 | 121.15 | +0.22 | near the usual relationship |
| 2025-12-19 | 110.82 | 120.17 | +0.29 | near the usual relationship |
| 2025-12-18 | 109.66 | 119.06 | +0.24 | near the usual relationship |
| 2025-12-17 | 109.52 | 118.51 | +0.36 | near the usual relationship |
| 2025-12-16 | 109.62 | 118.75 | +0.32 | near the usual relationship |
| 2025-12-15 | 110.22 | 119.36 | +0.32 | near the usual relationship |
| 2025-12-12 | 110.77 | 119.69 | +0.40 | near the usual relationship |
| 2025-12-11 | 109.11 | 118.93 | +0.07 | near the usual relationship |
| 2025-12-10 | 104.36 | 112.08 | +0.60 | MA ahead |
| 2025-12-09 | 104.11 | 112.35 | +0.42 | near the usual relationship |
| 2025-12-08 | 104.67 | 112.46 | +0.58 | MA ahead |
| 2025-12-05 | 105.65 | 113.98 | +0.43 | near the usual relationship |
| 2025-12-04 | 105.03 | 112.55 | +0.66 | MA ahead |
| 2025-12-03 | 107.24 | 113.42 | +1.13 | MA ahead |
| 2025-12-02 | 105.73 | 113.42 | +0.62 | MA ahead |
| 2025-12-01 | 105.35 | 113.68 | +0.40 | near the usual relationship |
| 2025-11-28 | 106.62 | 115.08 | +0.39 | near the usual relationship |
| 2025-11-26 | 105.54 | 114.85 | +0.09 | near the usual relationship |
| 2025-11-25 | 105.84 | 115.11 | +0.11 | near the usual relationship |
| 2025-11-24 | 104.17 | 113.31 | +0.11 | near the usual relationship |
| 2025-11-21 | 104.66 | 112.86 | +0.41 | near the usual relationship |
| 2025-11-20 | 102.23 | 111.41 | +0.04 | near the usual relationship |
| 2025-11-19 | 102.72 | 111.53 | +0.16 | near the usual relationship |
| 2025-11-18 | 102.18 | 110.52 | +0.29 | near the usual relationship |
| 2025-11-17 | 103.97 | 112.09 | +0.40 | near the usual relationship |
| 2025-11-14 | 105.69 | 113.56 | +0.51 | MA ahead |
| 2025-11-13 | 107.60 | 115.64 | +0.50 | MA ahead |
| 2025-11-12 | 108.69 | 116.61 | +0.55 | MA ahead |
| 2025-11-11 | 108.14 | 116.62 | +0.37 | near the usual relationship |
| 2025-11-10 | 107.09 | 115.22 | +0.44 | near the usual relationship |
| 2025-11-07 | 106.90 | 115.62 | +0.25 | near the usual relationship |
| 2025-11-06 | 107.15 | 115.95 | +0.23 | near the usual relationship |
| 2025-11-05 | 107.16 | 117.01 | -0.08 | near the usual relationship |
| 2025-11-04 | 107.05 | 117.09 | -0.15 | near the usual relationship |
| 2025-11-03 | 105.37 | 115.92 | -0.35 | near the usual relationship |
| 2025-10-31 | 106.90 | 117.25 | -0.25 | near the usual relationship |
| 2025-10-30 | 107.23 | 118.72 | -0.56 | V ahead |
| 2025-10-29 | 107.41 | 117.43 | -0.18 | near the usual relationship |
| 2025-10-28 | 109.60 | 119.37 | -0.07 | near the usual relationship |
| 2025-10-27 | 110.85 | 119.68 | +0.18 | near the usual relationship |
| 2025-10-24 | 111.10 | 119.53 | +0.27 | near the usual relationship |
| 2025-10-23 | 111.12 | 119.04 | +0.38 | near the usual relationship |
| 2025-10-22 | 110.66 | 118.84 | +0.30 | near the usual relationship |
| 2025-10-21 | 110.79 | 119.47 | +0.17 | near the usual relationship |
| 2025-10-20 | 109.69 | 118.51 | +0.11 | near the usual relationship |
| 2025-10-17 | 108.64 | 117.64 | +0.03 | near the usual relationship |
| 2025-10-16 | 106.50 | 115.41 | +0.00 | near the usual relationship |
| 2025-10-15 | 109.00 | 118.95 | -0.20 | near the usual relationship |
| 2025-10-14 | 109.99 | 119.87 | -0.17 | near the usual relationship |
| 2025-10-13 | 108.31 | 118.13 | -0.20 | near the usual relationship |
| 2025-10-10 | 107.97 | 118.25 | -0.31 | near the usual relationship |
| 2025-10-09 | 109.34 | 119.41 | -0.25 | near the usual relationship |
| 2025-10-08 | 111.64 | 120.90 | -0.04 | near the usual relationship |
| 2025-10-07 | 112.30 | 121.26 | +0.02 | near the usual relationship |
| 2025-10-06 | 112.10 | 120.18 | +0.19 | near the usual relationship |
| 2025-10-03 | 112.42 | 120.38 | +0.22 | near the usual relationship |
| 2025-10-02 | 111.81 | 119.04 | +0.35 | near the usual relationship |
| 2025-10-01 | 111.12 | 119.69 | +0.06 | near the usual relationship |
| 2025-09-30 | 110.16 | 117.47 | +0.29 | near the usual relationship |
| 2025-09-29 | 110.03 | 117.05 | +0.33 | near the usual relationship |
| 2025-09-26 | 109.45 | 116.09 | +0.39 | near the usual relationship |
| 2025-09-25 | 109.87 | 115.25 | +0.65 | MA ahead |
| 2025-09-24 | 110.16 | 116.54 | +0.45 | near the usual relationship |
| 2025-09-23 | 110.39 | 116.54 | +0.49 | near the usual relationship |
| 2025-09-22 | 113.20 | 118.49 | +0.69 | MA ahead |
| 2025-09-19 | 113.13 | 117.55 | +0.87 | MA ahead |
| 2025-09-18 | 113.50 | 116.37 | +1.18 | MA ahead |
| 2025-09-17 | 115.94 | 119.12 | +1.13 | MA ahead |
| 2025-09-16 | 113.57 | 117.00 | +1.07 | MA ahead |
| 2025-09-15 | 112.90 | 116.66 | +1.00 | MA ahead |
| 2025-09-12 | 112.41 | 116.80 | +0.87 | MA ahead |
| 2025-09-11 | 114.02 | 118.19 | +0.93 | MA ahead |
| 2025-09-10 | 112.21 | 116.34 | +0.92 | MA ahead |
| 2025-09-09 | 113.10 | 118.36 | +0.70 | MA ahead |
| 2025-09-08 | 113.61 | 117.78 | +0.92 | MA ahead |
| 2025-09-05 | 113.15 | 118.10 | +0.76 | MA ahead |
| 2025-09-04 | 115.36 | 120.77 | +0.68 | MA ahead |
| 2025-09-03 | 114.90 | 120.73 | +0.59 | MA ahead |
| 2025-09-02 | 114.63 | 120.46 | +0.59 | MA ahead |
| 2025-08-29 | 115.29 | 121.04 | +0.60 | MA ahead |
| 2025-08-28 | 114.36 | 120.38 | +0.54 | MA ahead |
| 2025-08-27 | 114.39 | 120.55 | +0.51 | MA ahead |
| 2025-08-26 | 114.58 | 120.84 | +0.48 | near the usual relationship |
| 2025-08-25 | 114.89 | 120.03 | +0.70 | MA ahead |
| 2025-08-22 | 116.00 | 120.45 | +0.83 | MA ahead |
| 2025-08-21 | 114.64 | 118.26 | +0.98 | MA ahead |
| 2025-08-20 | 114.78 | 118.34 | +0.99 | MA ahead |
| 2025-08-19 | 113.40 | 117.83 | +0.80 | MA ahead |
| 2025-08-18 | 113.13 | 117.93 | +0.73 | MA ahead |
| 2025-08-15 | 112.66 | 118.53 | +0.51 | MA ahead |
| 2025-08-14 | 113.06 | 118.88 | +0.52 | MA ahead |
| 2025-08-13 | 111.92 | 117.87 | +0.48 | near the usual relationship |
| 2025-08-12 | 111.20 | 115.87 | +0.71 | MA ahead |
| 2025-08-11 | 111.09 | 115.58 | +0.74 | MA ahead |
| 2025-08-08 | 111.23 | 115.88 | +0.71 | MA ahead |
| 2025-08-07 | 108.69 | 114.27 | +0.51 | MA ahead |
| 2025-08-06 | 110.22 | 116.90 | +0.31 | near the usual relationship |
| 2025-08-05 | 109.63 | 116.11 | +0.33 | near the usual relationship |
| 2025-08-04 | 110.36 | 117.73 | +0.17 | near the usual relationship |
| 2025-08-01 | 108.43 | 116.77 | -0.04 | near the usual relationship |
| 2025-07-31 | 109.71 | 118.87 | -0.18 | near the usual relationship |
| 2025-07-30 | 108.28 | 120.75 | -0.81 | V ahead |
| 2025-07-29 | 109.10 | 120.88 | -0.68 | V ahead |
| 2025-07-28 | 110.06 | 122.31 | -0.75 | V ahead |
| 2025-07-25 | 110.05 | 122.85 | -0.86 | V ahead |
| 2025-07-24 | 109.13 | 121.80 | -0.86 | V ahead |
| 2025-07-23 | 108.86 | 122.25 | -1.00 | V ahead |
| 2025-07-22 | 108.22 | 121.07 | -0.92 | V ahead |
| 2025-07-21 | 107.42 | 120.76 | -1.03 | V ahead |
| 2025-07-18 | 107.03 | 120.11 | -1.00 | V ahead |
| 2025-07-17 | 107.61 | 120.37 | -0.93 | V ahead |
| 2025-07-16 | 107.59 | 120.40 | -0.95 | V ahead |
| 2025-07-15 | 106.59 | 119.41 | -0.98 | V ahead |
| 2025-07-14 | 107.10 | 120.60 | -1.10 | V ahead |
| 2025-07-11 | 106.55 | 119.72 | -1.06 | V ahead |
| 2025-07-10 | 109.14 | 122.46 | -1.04 | V ahead |
| 2025-07-09 | 109.45 | 123.10 | -1.10 | V ahead |
| 2025-07-08 | 108.93 | 122.00 | -1.01 | V ahead |
| 2025-07-07 | 109.45 | 122.72 | -1.04 | V ahead |
| 2025-07-03 | 110.25 | 123.48 | -1.02 | V ahead |
| 2025-07-02 | 108.75 | 121.88 | -1.04 | V ahead |
| 2025-07-01 | 109.35 | 122.31 | -1.00 | V ahead |
| 2025-06-30 | 108.83 | 122.17 | -1.09 | V ahead |
| 2025-06-27 | 106.58 | 119.95 | -1.16 | V ahead |
| 2025-06-26 | 105.71 | 119.07 | -1.19 | V ahead |
| 2025-06-25 | 106.46 | 118.80 | -0.98 | V ahead |
| 2025-06-24 | 107.98 | 120.99 | -1.08 | V ahead |
| 2025-06-23 | 105.04 | 118.28 | -1.20 | V ahead |
| 2025-06-20 | 103.22 | 116.50 | -1.26 | V ahead |
| 2025-06-18 | 104.34 | 117.12 | -1.14 | V ahead |
| 2025-06-17 | 110.29 | 123.13 | -1.02 | V ahead |
| 2025-06-16 | 110.13 | 122.32 | -0.90 | V ahead |
| 2025-06-13 | 108.85 | 121.41 | -1.00 | V ahead |
| 2025-06-12 | 114.13 | 127.80 | -1.10 | V ahead |
| 2025-06-11 | 114.41 | 128.45 | -1.17 | V ahead |
| 2025-06-10 | 114.18 | 127.55 | -1.05 | V ahead |
| 2025-06-09 | 113.17 | 126.16 | -1.01 | V ahead |
| 2025-06-06 | 114.29 | 127.39 | -1.01 | V ahead |
| 2025-06-05 | 113.38 | 126.20 | -0.98 | V ahead |
| 2025-06-04 | 113.13 | 126.63 | -1.11 | V ahead |
| 2025-06-03 | 112.71 | 125.89 | -1.07 | V ahead |
| 2025-06-02 | 112.57 | 125.70 | -1.07 | V ahead |
| 2025-05-30 | 113.41 | 125.66 | -0.89 | V ahead |
| 2025-05-29 | 111.90 | 124.70 | -1.03 | V ahead |
| 2025-05-28 | 111.54 | 123.78 | -0.93 | V ahead |
| 2025-05-27 | 111.27 | 123.63 | -0.97 | V ahead |
| 2025-05-23 | 109.15 | 121.65 | -1.05 | V ahead |
| 2025-05-22 | 110.42 | 123.17 | -1.07 | V ahead |
| 2025-05-21 | 110.30 | 123.29 | -1.13 | V ahead |
| 2025-05-20 | 112.54 | 126.23 | -1.22 | V ahead |
| 2025-05-19 | 113.57 | 126.59 | -1.07 | V ahead |
| 2025-05-16 | 112.96 | 125.63 | -1.02 | V ahead |
| 2025-05-15 | 112.76 | 124.66 | -0.88 | V ahead |
| 2025-05-14 | 111.03 | 122.66 | -0.86 | V ahead |
| 2025-05-13 | 111.67 | 122.54 | -0.70 | V ahead |
| 2025-05-12 | 111.99 | 122.45 | -0.61 | V ahead |
| 2025-05-09 | 110.13 | 121.31 | -0.80 | V ahead |
| 2025-05-08 | 109.83 | 120.87 | -0.78 | V ahead |
| 2025-05-07 | 109.68 | 120.38 | -0.71 | V ahead |
| 2025-05-06 | 108.26 | 119.64 | -0.89 | V ahead |
| 2025-05-05 | 108.67 | 119.96 | -0.86 | V ahead |
| 2025-05-02 | 108.34 | 119.61 | -0.87 | V ahead |
| 2025-05-01 | 105.87 | 117.83 | -1.08 | V ahead |
| 2025-04-30 | 106.14 | 118.88 | -1.24 | V ahead |
| 2025-04-29 | 104.52 | 117.51 | -1.34 | V ahead |
| 2025-04-28 | 103.52 | 116.13 | -1.30 | V ahead |
| 2025-04-25 | 103.32 | 115.33 | -1.18 | V ahead |
| 2025-04-24 | 103.70 | 115.52 | -1.14 | V ahead |
| 2025-04-23 | 102.65 | 115.05 | -1.31 | V ahead |
| 2025-04-22 | 102.13 | 114.03 | -1.22 | V ahead |
| 2025-04-21 | 98.64 | 110.14 | -1.23 | V ahead |
| 2025-04-17 | 100.19 | 113.42 | -1.59 | V ahead |
| 2025-04-16 | 99.44 | 114.01 | -1.93 | V ahead |
| 2025-04-15 | 100.20 | 115.55 | -2.11 | V ahead |
| 2025-04-14 | 99.25 | 115.33 | -2.34 | V ahead |
| 2025-04-11 | 98.72 | 114.72 | -2.37 | V ahead |
| 2025-04-10 | 96.71 | 111.70 | -2.25 | V ahead |
| 2025-04-09 | 99.82 | 114.39 | -2.06 | V ahead |
| 2025-04-08 | 92.95 | 106.07 | -1.98 | V ahead |
| 2025-04-07 | 94.03 | 107.47 | -2.04 | V ahead |
| 2025-04-04 | 94.85 | 107.75 | -1.90 | V ahead |
| 2025-04-03 | 102.75 | 116.78 | -1.94 | V ahead |
| 2025-04-02 | 106.01 | 119.17 | -1.65 | V ahead |
| 2025-04-01 | 106.23 | 119.18 | -1.62 | V ahead |
| 2025-03-31 | 106.15 | 120.59 | -1.98 | V ahead |
| 2025-03-28 | 104.70 | 117.97 | -1.78 | V ahead |
| 2025-03-27 | 107.99 | 120.38 | -1.49 | V ahead |
| 2025-03-26 | 106.34 | 118.43 | -1.48 | V ahead |
| 2025-03-25 | 105.58 | 118.58 | -1.73 | V ahead |
| 2025-03-24 | 105.29 | 118.32 | -1.77 | V ahead |
| 2025-03-21 | 103.75 | 115.50 | -1.51 | V ahead |
| 2025-03-20 | 103.88 | 116.82 | -1.82 | V ahead |
| 2025-03-19 | 103.82 | 116.95 | -1.89 | V ahead |
| 2025-03-18 | 102.68 | 115.19 | -1.79 | V ahead |
| 2025-03-17 | 103.03 | 115.12 | -1.68 | V ahead |
| 2025-03-14 | 102.19 | 114.17 | -1.70 | V ahead |
| 2025-03-13 | 100.68 | 113.05 | -1.86 | V ahead |
| 2025-03-12 | 101.61 | 114.53 | -2.00 | V ahead |
| 2025-03-11 | 101.83 | 114.29 | -1.89 | V ahead |
| 2025-03-10 | 104.02 | 117.50 | -2.11 | V ahead |
| 2025-03-07 | 105.89 | 118.82 | -1.93 | V ahead |
| 2025-03-06 | 106.48 | 118.42 | -1.67 | V ahead |
| 2025-03-05 | 108.13 | 121.35 | -1.97 | V ahead |
| 2025-03-04 | 107.50 | 121.20 | -2.14 | V ahead |
| 2025-03-03 | 111.35 | 124.50 | -1.90 | V ahead |
| 2025-02-28 | 111.61 | 124.81 | -1.92 | V ahead |
| 2025-02-27 | 109.39 | 122.41 | -1.97 | V ahead |
| 2025-02-26 | 108.70 | 120.65 | -1.72 | V ahead |
| 2025-02-25 | 109.24 | 121.15 | -1.71 | V ahead |
| 2025-02-24 | 108.26 | 120.38 | -1.81 | V ahead |
| 2025-02-21 | 107.97 | 119.93 | -1.79 | V ahead |
| 2025-02-20 | 109.09 | 120.60 | -1.65 | V ahead |
| 2025-02-19 | 110.10 | 122.23 | -1.80 | V ahead |
| 2025-02-18 | 110.12 | 122.75 | -1.96 | V ahead |
| 2025-02-14 | 109.38 | 121.74 | -1.93 | V ahead |
| 2025-02-13 | 109.68 | 122.37 | -2.03 | V ahead |
| 2025-02-12 | 109.35 | 120.94 | -1.75 | V ahead |
| 2025-02-11 | 109.37 | 120.68 | -1.68 | V ahead |
| 2025-02-10 | 109.52 | 120.86 | -1.69 | V ahead |
| 2025-02-07 | 108.99 | 119.75 | -1.56 | V ahead |
| 2025-02-06 | 109.84 | 119.57 | -1.24 | V ahead |
| 2025-02-05 | 109.67 | 120.24 | -1.49 | V ahead |
| 2025-02-04 | 108.28 | 118.76 | -1.52 | V ahead |
| 2025-02-03 | 109.22 | 118.99 | -1.29 | V ahead |
| 2025-01-31 | 107.57 | 117.61 | -1.41 | V ahead |
| 2025-01-30 | 109.62 | 118.04 | -0.87 | V ahead |
| 2025-01-29 | 106.29 | 115.57 | -1.21 | V ahead |
| 2025-01-28 | 106.01 | 115.09 | -1.15 | V ahead |
| 2025-01-27 | 106.06 | 115.11 | -1.13 | V ahead |
| 2025-01-24 | 103.32 | 113.62 | -1.58 | V ahead |
| 2025-01-23 | 103.46 | 112.93 | -1.33 | V ahead |
| 2025-01-22 | 102.10 | 111.33 | -1.29 | V ahead |
| 2025-01-21 | 102.27 | 111.36 | -1.23 | V ahead |
| 2025-01-17 | 101.62 | 109.98 | -1.02 | V ahead |
| 2025-01-16 | 101.32 | 109.16 | -0.86 | V ahead |
| 2025-01-15 | 101.16 | 108.83 | -0.80 | V ahead |
| 2025-01-14 | 98.58 | 106.36 | -0.89 | V ahead |
| 2025-01-13 | 97.79 | 105.61 | -0.92 | V ahead |
| 2025-01-10 | 97.74 | 105.88 | -1.02 | V ahead |
| 2025-01-08 | 100.01 | 107.56 | -0.77 | V ahead |
| 2025-01-07 | 99.04 | 107.24 | -0.99 | V ahead |
| 2025-01-06 | 99.15 | 107.71 | -1.10 | V ahead |
| 2025-01-03 | 100.97 | 108.36 | -0.69 | V ahead |
| 2025-01-02 | 101.17 | 108.18 | -0.56 | V ahead |
| 2024-12-31 | 101.98 | 108.75 | -0.47 | near the usual relationship |
| 2024-12-30 | 101.78 | 108.50 | -0.45 | near the usual relationship |
| 2024-12-27 | 103.07 | 109.65 | -0.38 | near the usual relationship |
| 2024-12-26 | 103.84 | 110.42 | -0.37 | near the usual relationship |
| 2024-12-24 | 103.75 | 110.33 | -0.37 | near the usual relationship |
| 2024-12-23 | 102.44 | 109.15 | -0.43 | near the usual relationship |
| 2024-12-20 | 102.26 | 109.32 | -0.53 | V ahead |
| 2024-12-19 | 101.34 | 108.35 | -0.53 | V ahead |
| 2024-12-18 | 100.70 | 106.59 | -0.20 | near the usual relationship |
| 2024-12-17 | 102.84 | 109.52 | -0.40 | near the usual relationship |
| 2024-12-16 | 102.71 | 108.70 | -0.19 | near the usual relationship |
| 2024-12-13 | 102.45 | 108.30 | -0.14 | near the usual relationship |
| 2024-12-12 | 103.11 | 108.12 | +0.12 | near the usual relationship |
| 2024-12-11 | 103.51 | 107.97 | +0.29 | near the usual relationship |
| 2024-12-10 | 102.45 | 107.49 | +0.12 | near the usual relationship |
| 2024-12-09 | 101.25 | 106.08 | +0.17 | near the usual relationship |
| 2024-12-06 | 102.37 | 107.02 | +0.24 | near the usual relationship |
| 2024-12-05 | 101.63 | 106.35 | +0.22 | near the usual relationship |
| 2024-12-04 | 100.93 | 106.63 | -0.08 | near the usual relationship |
| 2024-12-03 | 101.91 | 107.70 | -0.09 | near the usual relationship |
| 2024-12-02 | 102.91 | 108.96 | -0.14 | near the usual relationship |
| 2024-11-29 | 103.21 | 108.42 | +0.12 | near the usual relationship |
| 2024-11-27 | 103.11 | 108.29 | +0.13 | near the usual relationship |
| 2024-11-26 | 102.35 | 107.29 | +0.19 | near the usual relationship |
| 2024-11-25 | 101.99 | 107.77 | -0.05 | near the usual relationship |
| 2024-11-22 | 100.88 | 106.64 | -0.06 | near the usual relationship |
| 2024-11-21 | 99.76 | 106.63 | -0.39 | near the usual relationship |
| 2024-11-20 | 99.26 | 105.77 | -0.29 | near the usual relationship |
| 2024-11-19 | 100.60 | 107.31 | -0.32 | near the usual relationship |
| 2024-11-18 | 101.02 | 107.41 | -0.22 | near the usual relationship |
| 2024-11-15 | 101.07 | 106.54 | +0.05 | near the usual relationship |
| 2024-11-14 | 100.79 | 106.07 | +0.10 | near the usual relationship |
| 2024-11-13 | 101.07 | 106.49 | +0.08 | near the usual relationship |
| 2024-11-12 | 102.48 | 106.62 | +0.46 | near the usual relationship |
| 2024-11-11 | 102.67 | 106.99 | +0.42 | near the usual relationship |
| 2024-11-08 | 101.63 | 105.94 | +0.41 | near the usual relationship |
| 2024-11-07 | 100.30 | 105.22 | +0.23 | near the usual relationship |
| 2024-11-06 | 100.93 | 105.77 | +0.26 | near the usual relationship |
| 2024-11-05 | 97.91 | 100.92 | +0.76 | MA ahead |
| 2024-11-04 | 97.92 | 100.42 | +0.91 | MA ahead |
| 2024-11-01 | 98.40 | 100.04 | +1.17 | MA ahead |
| 2024-10-31 | 96.76 | 99.74 | +0.78 | MA ahead |
| 2024-10-30 | 99.49 | 99.84 | +1.56 | MA ahead |
| 2024-10-29 | 98.05 | 96.99 | +1.99 | MA ahead |
| 2024-10-28 | 98.43 | 97.79 | +1.88 | MA ahead |
| 2024-10-25 | 98.26 | 96.94 | +2.11 | MA ahead |
| 2024-10-24 | 98.89 | 97.45 | +2.18 | MA ahead |
| 2024-10-23 | 99.49 | 97.64 | +2.33 | MA ahead |
| 2024-10-22 | 99.36 | 97.99 | +2.21 | MA ahead |
| 2024-10-21 | 99.74 | 98.70 | +2.14 | MA ahead |
| 2024-10-18 | 100.00 | 100.00 | +1.85 | MA ahead |
One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Oct 31, 2024 (MA -2.7%, V -0.1%); Jul 31, 2025 (MA +1.3%, V -1.6%); Jan 29, 2026 (MA +4.3%, V +1.5%); Apr 29, 2026 (MA +3.5%, V +8.3%); Apr 30, 2026 (MA -4.3%, V -1.5%); Jul 30, 2026 (MA +2.5%, V -0.7%). Upcoming earnings: V Oct 27, 2026 (after-hours); MA 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)
3 simulated trades to Oct 20, 2026: +1.51% per trade on average after costs, 2 won.
| Legs | Entered | Exited | Why | Days | Before costs | Costs + borrow | After costs |
|---|---|---|---|---|---|---|---|
| Long MA · Short V | Oct 28, 2022 | Nov 14, 2022 | converged | 17 | $612.33 | -$26.28 | $587.88 (+5.88%) |
| Long V · Short MA | Aug 3, 2020 | Aug 28, 2020 | divergence stop | 25 | -$436.96 | -$28.90 | -$468.52 (-4.68%) |
| Long V · Short MA | Jan 14, 2020 | Mar 10, 2020 | converged | 56 | $369.06 | -$29.93 | $333.23 (+3.33%) |
Per $10,000 a leg. A replay on today's companies cannot prove an edge.
MA and V at a glance
MA Mastercard Incorporated
- Listing
- NYSE · SEC CIK 1141391
- Industry
- Business Services · SIC 7389 Services-Business Services, NEC
- Market value
- $540.0B
- Price history
- 2,521 daily closes, Oct 12, 2016 to Oct 22, 2026
V Visa Inc.
- Listing
- NYSE · SEC CIK 1403161
- Industry
- Business Services · SIC 7389 Services-Business Services, NEC
- Market value
- $719.9B
- 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 MA and V
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 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.
