Radio And Television Broadcasting And Communications Equipment

Motorola Solutions Inc. vs Nokia Corporation Sponsored

WatchlistMSI / NOKPrices through Oct 22, 2026

Why these are rivals: #2 and #3 by market value ($76B vs $52B) in Nasdaq's "Radio And Television Broadcasting And Communications Equipment" industry; SEC SIC 3663 / 3663 (same major group); #2 and #3 by market value ($76B vs $52B) with SEC SIC 3663 (Radio & Tv Broadcasting & Communications Equipment).

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: -0.00 (needs >= 0.60)
  • Mean reversion: ADF t-statistic of the spread: -2.03 (needs <= -2.873 (5% critical value))
Business leadership

Business size

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

YearMSINOKLarger
2025$11.7B--
2024$10.8B--
2023$10.0B--
2022$9.1B--
2021$8.2B--
2020$7.4B--

Market value: MSI $75.9B, NOK $52.1B.

Stock leadership

MSI is ahead now

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

MSI leads NOK by 0.95 standard deviations: +29.6% over its usual price ratio. 1 lead switch in the last year.

Price change3 mo6 mo12 mo
MSI+14.4%+7.8%+6.6%
NOK-13.4%-23.7%+41.2%
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: -0.00 (needs >= 0.60)
Fail
Mean reversion: ADF t-statistic of the spread: -2.03 (needs <= -2.873 (5% critical value))
Pass
Speed: half-life of the spread, sessions: 34.27 (needs <= 63)
Data
Both stocks current
The twins over two years

Prices side by side, and the gap between them

MSI Motorola Solutions Inc. NOK Nokia Corporation SponsoredPrice index, 100 = 2024-10-18. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
100200300Oct 2024Oct 2025Oct 2026MSI 101NOK 166
Spread z-score: MSI relative to NOK, against the 252 sessions before each day. Above 0: MSI ahead; below 0: NOK ahead. Lines at +/-2 (idea) and +/-4 (stop).
-4stop-2idea0+2idea+4stopOct 2024Oct 2025Oct 2026
Data table (504 sessions)
DateMSI indexNOK indexzAhead
2026-10-22100.55165.89+0.95MSI ahead
2026-10-2198.38194.74+0.27near the usual relationship
2026-10-2097.53189.89+0.33near the usual relationship
2026-10-1996.57191.16+0.26near the usual relationship
2026-10-1697.46192.42+0.26near the usual relationship
2026-10-1596.04201.47+0.04near the usual relationship
2026-10-1495.06197.89+0.05near the usual relationship
2026-10-1394.49207.58-0.14near the usual relationship
2026-10-1293.92208.42-0.18near the usual relationship
2026-10-0993.47218.11-0.36near the usual relationship
2026-10-0894.09213.47-0.28near the usual relationship
2026-10-0794.35223.58-0.43near the usual relationship
2026-10-0696.02230.95-0.49near the usual relationship
2026-10-0595.83214.74-0.26near the usual relationship
2026-10-0294.15223.16-0.45near the usual relationship
2026-10-0194.28218.32-0.38near the usual relationship
2026-09-3093.85213.47-0.33near the usual relationship
2026-09-2993.88218.11-0.40near the usual relationship
2026-09-2895.13213.05-0.29near the usual relationship
2026-09-2596.14218.74-0.35near the usual relationship
2026-09-2495.73219.58-0.38near the usual relationship
2026-09-2396.89223.79-0.41near the usual relationship
2026-09-2296.11227.79-0.50NOK ahead
2026-09-2197.09230.32-0.50NOK ahead
2026-09-1896.52224.84-0.46near the usual relationship
2026-09-1796.73223.16-0.43near the usual relationship
2026-09-1696.91213.47-0.30near the usual relationship
2026-09-1598.72207.16-0.17near the usual relationship
2026-09-1499.77203.16-0.09near the usual relationship
2026-09-1198.10234.32-0.56NOK ahead
2026-09-1097.62223.58-0.44near the usual relationship
2026-09-0996.78226.53-0.51NOK ahead
2026-09-0897.43224.21-0.47near the usual relationship
2026-09-0498.50211.16-0.28near the usual relationship
2026-09-0399.38205.68-0.19near the usual relationship
2026-09-02100.78207.16-0.18near the usual relationship
2026-09-01103.38209.05-0.14near the usual relationship
2026-08-31102.13213.47-0.24near the usual relationship
2026-08-28102.27214.95-0.26near the usual relationship
2026-08-27102.39222.95-0.36near the usual relationship
2026-08-26102.54219.16-0.31near the usual relationship
2026-08-25102.14217.89-0.32near the usual relationship
2026-08-24101.33209.68-0.24near the usual relationship
2026-08-21101.11214.95-0.32near the usual relationship
2026-08-2099.67213.68-0.35near the usual relationship
2026-08-19101.19213.26-0.31near the usual relationship
2026-08-1898.80218.74-0.44near the usual relationship
2026-08-1796.19226.95-0.61NOK ahead
2026-08-1498.17226.53-0.56NOK ahead
2026-08-1397.86222.32-0.53NOK ahead
2026-08-1298.85217.26-0.45near the usual relationship
2026-08-1198.24198.74-0.25near the usual relationship
2026-08-1097.22192.21-0.20near the usual relationship
2026-08-0798.39197.05-0.24near the usual relationship
2026-08-0699.76198.53-0.23near the usual relationship
2026-08-0592.20201.68-0.46near the usual relationship
2026-08-0493.19208.84-0.53NOK ahead
2026-08-0392.00197.05-0.43near the usual relationship
2026-07-3191.70192.42-0.38near the usual relationship
2026-07-3090.66191.37-0.40near the usual relationship
2026-07-2991.37177.05-0.21near the usual relationship
2026-07-2892.66188.00-0.32near the usual relationship
2026-07-2789.18195.37-0.51NOK ahead
2026-07-2487.93191.58-0.50NOK ahead
2026-07-2385.65204.84-0.72NOK ahead
2026-07-2285.09216.42-0.87NOK ahead
2026-07-2185.50223.79-0.95NOK ahead
2026-07-2086.37212.21-0.81NOK ahead
2026-07-1786.98213.05-0.81NOK ahead
2026-07-1687.16218.53-0.87NOK ahead
2026-07-1585.69236.84-1.10NOK ahead
2026-07-1487.06246.32-1.17NOK ahead
2026-07-1387.98246.11-1.15NOK ahead
2026-07-1088.99261.89-1.28NOK ahead
2026-07-0987.80271.58-1.41NOK ahead
2026-07-0888.50251.58-1.22NOK ahead
2026-07-0789.27249.47-1.19NOK ahead
2026-07-0688.98263.37-1.33NOK ahead
2026-07-0288.94254.11-1.26NOK ahead
2026-07-0188.16271.79-1.45NOK ahead
2026-06-3087.39279.58-1.56NOK ahead
2026-06-2986.83274.32-1.54NOK ahead
2026-06-2684.78273.89-1.61NOK ahead
2026-06-2583.55294.32-1.84NOK ahead
2026-06-2484.30290.74-1.81NOK ahead
2026-06-2381.95288.42-1.88NOK ahead
2026-06-2282.54303.79-2.01NOK ahead
2026-06-1883.16284.00-1.85NOK ahead
2026-06-1784.32291.16-1.90NOK ahead
2026-06-1685.21294.32-1.92NOK ahead
2026-06-1586.64312.00-2.05NOK ahead
2026-06-1286.75311.58-2.07NOK ahead
2026-06-1186.35296.63-1.98NOK ahead
2026-06-1086.62282.11-1.87NOK ahead
2026-06-0987.14291.58-1.96NOK ahead
2026-06-0885.61307.16-2.17NOK ahead
2026-06-0586.35302.74-2.14NOK ahead
2026-06-0486.43349.89-2.56NOK ahead
2026-06-0385.94352.21-2.64NOK ahead
2026-06-0287.42354.74-2.66NOK ahead
2026-06-0186.61342.11-2.63NOK ahead
2026-05-2984.87312.42-2.48NOK ahead
2026-05-2886.60321.68-2.55NOK ahead
2026-05-2786.01330.11-2.69NOK ahead
2026-05-2686.38346.53-2.88NOK ahead
2026-05-2285.03325.68-2.79NOK ahead
2026-05-2184.23298.53-2.61NOK ahead
2026-05-2083.32286.74-2.56NOK ahead
2026-05-1983.91287.79-2.60NOK ahead
2026-05-1886.34289.26-2.57NOK ahead
2026-05-1582.76293.68-2.80NOK ahead
2026-05-1484.03304.42-2.93NOK ahead
2026-05-1383.73309.68-3.06NOK ahead
2026-05-1282.36277.26-2.81NOK ahead
2026-05-1182.53293.05-3.05NOK ahead
2026-05-0880.81269.89-2.90NOK ahead
2026-05-0791.16260.00-2.40NOK ahead
2026-05-0691.26277.68-2.67NOK ahead
2026-05-0592.17282.53-2.75NOK ahead
2026-05-0492.09276.63-2.73NOK ahead
2026-05-0191.73280.00-2.84NOK ahead
2026-04-3092.39271.79-2.75NOK ahead
2026-04-2990.33262.32-2.76NOK ahead
2026-04-2891.49237.89-2.37NOK ahead
2026-04-2790.82226.53-2.25NOK ahead
2026-04-2492.23220.21-2.11NOK ahead
2026-04-2393.26217.47-2.04NOK ahead
2026-04-2292.94207.58-1.89NOK ahead
2026-04-2193.75218.95-2.10NOK ahead
2026-04-2094.05223.16-2.19NOK ahead
2026-04-1793.01217.05-2.15NOK ahead
2026-04-1693.53216.63-2.15NOK ahead
2026-04-1592.64210.32-2.09NOK ahead
2026-04-1492.61217.89-2.27NOK ahead
2026-04-1392.57218.32-2.32NOK ahead
2026-04-1091.26199.16-2.02NOK ahead
2026-04-0993.12201.05-2.00NOK ahead
2026-04-0894.22198.74-1.92NOK ahead
2026-04-0793.11186.32-1.71NOK ahead
2026-04-0692.89187.16-1.76NOK ahead
2026-04-0292.37185.68-1.77NOK ahead
2026-04-0191.36174.11-1.55NOK ahead
2026-03-3191.32169.26-1.44NOK ahead
2026-03-3089.81167.58-1.49NOK ahead
2026-03-2792.24168.00-1.39NOK ahead
2026-03-2694.70174.32-1.45NOK ahead
2026-03-2594.91177.05-1.52NOK ahead
2026-03-2495.70173.68-1.41NOK ahead
2026-03-2396.09169.68-1.30NOK ahead
2026-03-2095.19168.00-1.31NOK ahead
2026-03-1996.62174.74-1.43NOK ahead
2026-03-1898.33176.00-1.39NOK ahead
2026-03-1798.71180.00-1.49NOK ahead
2026-03-1699.07182.11-1.54NOK ahead
2026-03-1399.56173.47-1.31NOK ahead
2026-03-1297.35171.37-1.37NOK ahead
2026-03-1197.34166.32-1.24NOK ahead
2026-03-1097.67164.21-1.17NOK ahead
2026-03-0996.39166.11-1.30NOK ahead
2026-03-0696.96162.95-1.19NOK ahead
2026-03-0598.31165.26-1.20NOK ahead
2026-03-04100.63171.58-1.28NOK ahead
2026-03-03101.06169.89-1.22NOK ahead
2026-03-02102.30173.89-1.28NOK ahead
2026-02-27101.49162.53-1.01NOK ahead
2026-02-2699.32157.89-0.98NOK ahead
2026-02-2599.19159.37-1.04NOK ahead
2026-02-2499.08157.68-1.00NOK ahead
2026-02-2397.86159.37-1.12NOK ahead
2026-02-2097.38163.58-1.28NOK ahead
2026-02-1995.47160.00-1.28NOK ahead
2026-02-1895.03156.42-1.20NOK ahead
2026-02-1796.33153.68-1.06NOK ahead
2026-02-1397.17148.00-0.85NOK ahead
2026-02-1295.42146.74-0.90NOK ahead
2026-02-1188.62154.53-1.51NOK ahead
2026-02-1088.32149.05-1.37NOK ahead
2026-02-0988.93151.16-1.41NOK ahead
2026-02-0688.84148.84-1.36NOK ahead
2026-02-0587.78144.42-1.28NOK ahead
2026-02-0487.61143.16-1.26NOK ahead
2026-02-0386.17140.84-1.27NOK ahead
2026-02-0284.95140.21-1.33NOK ahead
2026-01-3084.71135.37-1.18NOK ahead
2026-01-2984.84132.42-1.07NOK ahead
2026-01-2885.24143.58-1.45NOK ahead
2026-01-2785.45146.11-1.54NOK ahead
2026-01-2684.40145.47-1.59NOK ahead
2026-01-2384.52142.53-1.50NOK ahead
2026-01-2283.65136.84-1.36NOK ahead
2026-01-2183.11135.58-1.36NOK ahead
2026-01-2082.30134.95-1.40NOK ahead
2026-01-1684.30137.89-1.40NOK ahead
2026-01-1583.01139.16-1.53NOK ahead
2026-01-1481.91133.89-1.42NOK ahead
2026-01-1382.28137.26-1.53NOK ahead
2026-01-1281.15138.53-1.66NOK ahead
2026-01-0980.63136.42-1.64NOK ahead
2026-01-0880.36136.63-1.68NOK ahead
2026-01-0779.44142.95-1.98NOK ahead
2026-01-0680.19136.21-1.71NOK ahead
2026-01-0580.53136.84-1.73NOK ahead
2026-01-0280.18137.05-1.78NOK ahead
2025-12-3180.66136.21-1.73NOK ahead
2025-12-3080.80137.05-1.77NOK ahead
2025-12-2979.39138.53-1.94NOK ahead
2025-12-2679.34139.37-1.99NOK ahead
2025-12-2479.23138.74-2.00NOK ahead
2025-12-2379.63137.47-1.95NOK ahead
2025-12-2278.43137.68-2.06NOK ahead
2025-12-1977.86136.84-2.09NOK ahead
2025-12-1878.65134.32-1.96NOK ahead
2025-12-1778.81130.95-1.84NOK ahead
2025-12-1676.56132.42-2.07NOK ahead
2025-12-1576.78130.53-2.01NOK ahead
2025-12-1276.75132.00-2.09NOK ahead
2025-12-1177.45133.89-2.15NOK ahead
2025-12-1078.02130.95-2.01NOK ahead
2025-12-0978.14130.11-1.98NOK ahead
2025-12-0878.16129.47-1.97NOK ahead
2025-12-0578.79127.79-1.88NOK ahead
2025-12-0478.18129.68-2.02NOK ahead
2025-12-0379.06131.79-2.06NOK ahead
2025-12-0279.45130.32-1.99NOK ahead
2025-12-0178.57128.84-2.01NOK ahead
2025-11-2877.79128.00-2.05NOK ahead
2025-11-2677.76128.00-2.08NOK ahead
2025-11-2577.76127.58-2.08NOK ahead
2025-11-2477.51128.21-2.15NOK ahead
2025-11-2177.65125.05-2.02NOK ahead
2025-11-2077.24123.58-2.01NOK ahead
2025-11-1978.18126.95-2.12NOK ahead
2025-11-1878.36139.79-2.69NOK ahead
2025-11-1779.48140.21-2.67NOK ahead
2025-11-1479.96141.68-2.75NOK ahead
2025-11-1380.68142.74-2.79NOK ahead
2025-11-1282.49147.79-2.92NOK ahead
2025-11-1182.48145.26-2.87NOK ahead
2025-11-1082.91146.74-2.97NOK ahead
2025-11-0782.23144.00-2.96NOK ahead
2025-11-0681.88145.47-3.13NOK ahead
2025-11-0583.02144.21-3.05NOK ahead
2025-11-0482.96143.37-3.08NOK ahead
2025-11-0382.39150.53-3.56NOK ahead
2025-10-3185.59145.47-3.13NOK ahead
2025-10-3090.90150.11-3.00NOK ahead
2025-10-2990.95154.32-3.27NOK ahead
2025-10-2892.64163.58-3.67NOK ahead
2025-10-2793.43133.89-2.14NOK ahead
2025-10-2492.38132.63-2.19NOK ahead
2025-10-2393.61129.89-1.95NOK ahead
2025-10-2294.04116.84-1.12NOK ahead
2025-10-2194.30117.47-1.15NOK ahead
2025-10-2094.37120.21-1.33NOK ahead
2025-10-1793.64120.84-1.44NOK ahead
2025-10-1692.01119.58-1.51NOK ahead
2025-10-1592.37118.95-1.45NOK ahead
2025-10-1496.93115.16-0.84NOK ahead
2025-10-1396.01110.53-0.61NOK ahead
2025-10-1096.02112.00-0.71NOK ahead
2025-10-0996.30109.05-0.49near the usual relationship
2025-10-0897.28108.84-0.40near the usual relationship
2025-10-0796.49106.74-0.32near the usual relationship
2025-10-0696.20104.21-0.16near the usual relationship
2025-10-0395.31103.16-0.16near the usual relationship
2025-10-0294.28102.74-0.21near the usual relationship
2025-10-0196.16101.47+0.03near the usual relationship
2025-09-3096.23101.26+0.05near the usual relationship
2025-09-2995.5898.95+0.17near the usual relationship
2025-09-2696.0798.11+0.27near the usual relationship
2025-09-2595.9098.53+0.23near the usual relationship
2025-09-2495.7899.79+0.12near the usual relationship
2025-09-2399.06102.11+0.20near the usual relationship
2025-09-2299.22100.42+0.33near the usual relationship
2025-09-19100.2199.79+0.46near the usual relationship
2025-09-1899.86100.21+0.40near the usual relationship
2025-09-17100.5698.95+0.54MSI ahead
2025-09-16100.3597.05+0.67MSI ahead
2025-09-15101.5295.79+0.86MSI ahead
2025-09-12101.3794.95+0.92MSI ahead
2025-09-11103.1897.26+0.87MSI ahead
2025-09-10101.3796.21+0.82MSI ahead
2025-09-09100.5796.63+0.73MSI ahead
2025-09-08100.6796.63+0.74MSI ahead
2025-09-05100.8095.79+0.82MSI ahead
2025-09-04100.7296.84+0.73MSI ahead
2025-09-0399.7892.21+1.04MSI ahead
2025-09-02100.8089.05+1.38MSI ahead
2025-08-2999.4290.53+1.16MSI ahead
2025-08-2898.9390.32+1.14MSI ahead
2025-08-2797.7390.95+1.00MSI ahead
2025-08-2695.8890.32+0.91MSI ahead
2025-08-2596.9491.37+0.90MSI ahead
2025-08-2297.2090.74+0.98MSI ahead
2025-08-2197.3189.26+1.12MSI ahead
2025-08-2097.2589.26+1.12MSI ahead
2025-08-1996.8988.63+1.15MSI ahead
2025-08-1897.0589.47+1.09MSI ahead
2025-08-1596.8788.42+1.17MSI ahead
2025-08-1497.1486.95+1.32MSI ahead
2025-08-1398.9588.21+1.36MSI ahead
2025-08-1299.1687.16+1.47MSI ahead
2025-08-1197.0086.32+1.38MSI ahead
2025-08-0895.4186.32+1.25MSI ahead
2025-08-0793.6786.53+1.09MSI ahead
2025-08-0693.0486.74+1.02MSI ahead
2025-08-0591.3486.11+0.93MSI ahead
2025-08-0492.5986.11+1.04MSI ahead
2025-08-0191.9085.26+1.07MSI ahead
2025-07-3192.3885.89+1.05MSI ahead
2025-07-3091.7786.53+0.94MSI ahead
2025-07-2991.3288.00+0.77MSI ahead
2025-07-2890.4889.68+0.55MSI ahead
2025-07-2590.0791.16+0.38near the usual relationship
2025-07-2489.4091.37+0.30near the usual relationship
2025-07-2388.8495.16-0.07near the usual relationship
2025-07-2288.6593.89+0.01near the usual relationship
2025-07-2188.58100.00-0.49near the usual relationship
2025-07-1888.48100.00-0.50NOK ahead
2025-07-1788.60100.63-0.54NOK ahead
2025-07-1687.60100.00-0.59NOK ahead
2025-07-1586.01100.00-0.73NOK ahead
2025-07-1487.04102.74-0.86NOK ahead
2025-07-1187.55104.84-0.98NOK ahead
2025-07-1087.90106.53-1.08NOK ahead
2025-07-0987.94107.37-1.15NOK ahead
2025-07-0887.83108.42-1.24NOK ahead
2025-07-0789.72108.00-1.05NOK ahead
2025-07-0389.40109.26-1.18NOK ahead
2025-07-0288.86109.47-1.25NOK ahead
2025-07-0189.57110.11-1.25NOK ahead
2025-06-3088.48109.05-1.28NOK ahead
2025-06-2788.10108.84-1.31NOK ahead
2025-06-2687.39108.63-1.37NOK ahead
2025-06-2588.17108.84-1.32NOK ahead
2025-06-2488.04109.47-1.40NOK ahead
2025-06-2386.46108.84-1.51NOK ahead
2025-06-2085.49108.00-1.55NOK ahead
2025-06-1885.17108.84-1.66NOK ahead
2025-06-1785.52108.42-1.61NOK ahead
2025-06-1685.74111.58-1.85NOK ahead
2025-06-1385.88109.26-1.68NOK ahead
2025-06-1286.93112.00-1.80NOK ahead
2025-06-1186.08111.16-1.84NOK ahead
2025-06-1086.75112.63-1.90NOK ahead
2025-06-0986.86114.32-2.04NOK ahead
2025-06-0687.95113.89-1.92NOK ahead
2025-06-0587.57113.47-1.95NOK ahead
2025-06-0487.84113.89-1.98NOK ahead
2025-06-0388.85112.42-1.78NOK ahead
2025-06-0288.21111.79-1.81NOK ahead
2025-05-3087.41109.89-1.76NOK ahead
2025-05-2988.05112.63-1.93NOK ahead
2025-05-2888.56113.47-1.97NOK ahead
2025-05-2788.48113.89-2.03NOK ahead
2025-05-2388.16112.42-1.97NOK ahead
2025-05-2288.75112.84-1.96NOK ahead
2025-05-2189.74112.42-1.85NOK ahead
2025-05-2089.00111.79-1.89NOK ahead
2025-05-1989.50110.32-1.73NOK ahead
2025-05-1689.26109.26-1.68NOK ahead
2025-05-1589.56109.26-1.66NOK ahead
2025-05-1487.37107.16-1.73NOK ahead
2025-05-1386.97109.05-1.96NOK ahead
2025-05-1286.89109.47-2.03NOK ahead
2025-05-0985.54107.16-1.99NOK ahead
2025-05-0886.36105.89-1.80NOK ahead
2025-05-0787.36106.53-1.76NOK ahead
2025-05-0686.84105.89-1.78NOK ahead
2025-05-0585.31105.47-1.93NOK ahead
2025-05-0285.53106.53-2.03NOK ahead
2025-05-0192.42105.05-1.11NOK ahead
2025-04-3092.67105.05-1.09NOK ahead
2025-04-2991.70104.63-1.16NOK ahead
2025-04-2890.70103.37-1.16NOK ahead
2025-04-2590.53105.05-1.35NOK ahead
2025-04-2490.10102.32-1.13NOK ahead
2025-04-2389.26111.79-2.16NOK ahead
2025-04-2288.34111.16-2.24NOK ahead
2025-04-2186.77106.74-2.03NOK ahead
2025-04-1788.58107.58-1.92NOK ahead
2025-04-1688.48106.95-1.89NOK ahead
2025-04-1590.62108.21-1.78NOK ahead
2025-04-1489.74104.84-1.56NOK ahead
2025-04-1188.88104.42-1.63NOK ahead
2025-04-1087.30101.47-1.53NOK ahead
2025-04-0987.79103.79-1.73NOK ahead
2025-04-0883.0697.89-1.72NOK ahead
2025-04-0784.8398.53-1.57NOK ahead
2025-04-0484.62100.63-1.85NOK ahead
2025-04-0391.65104.84-1.43NOK ahead
2025-04-0291.96112.63-2.22NOK ahead
2025-04-0191.75112.42-2.26NOK ahead
2025-03-3192.13110.95-2.09NOK ahead
2025-03-2891.12109.68-2.11NOK ahead
2025-03-2790.98109.47-2.13NOK ahead
2025-03-2690.75110.74-2.33NOK ahead
2025-03-2590.32112.21-2.58NOK ahead
2025-03-2490.35112.21-2.62NOK ahead
2025-03-2188.95111.79-2.81NOK ahead
2025-03-2088.86112.21-2.93NOK ahead
2025-03-1989.30112.84-3.00NOK ahead
2025-03-1888.78114.11-3.28NOK ahead
2025-03-1788.72113.47-3.29NOK ahead
2025-03-1487.95112.21-3.33NOK ahead
2025-03-1387.15109.47-3.19NOK ahead
2025-03-1286.89109.47-3.30NOK ahead
2025-03-1186.64108.42-3.26NOK ahead
2025-03-1087.47108.21-3.16NOK ahead
2025-03-0789.04110.11-3.22NOK ahead
2025-03-0689.08108.63-3.07NOK ahead
2025-03-0589.67108.84-3.06NOK ahead
2025-03-0489.03102.74-2.32NOK ahead
2025-03-0389.93105.47-2.59NOK ahead
2025-02-2892.64101.05-1.48NOK ahead
2025-02-2790.39101.68-1.96NOK ahead
2025-02-2689.70103.16-2.33NOK ahead
2025-02-2589.75105.05-2.64NOK ahead
2025-02-2488.53103.16-2.59NOK ahead
2025-02-2188.78104.00-2.71NOK ahead
2025-02-2091.44105.05-2.41NOK ahead
2025-02-1992.40104.21-2.12NOK ahead
2025-02-1889.64105.05-2.77NOK ahead
2025-02-1492.20105.05-2.33NOK ahead
2025-02-1398.07105.05-1.30NOK ahead
2025-02-1298.25105.47-1.33NOK ahead
2025-02-1199.87103.16-0.69NOK ahead
2025-02-10101.38101.68-0.21near the usual relationship
2025-02-07100.86101.26-0.21near the usual relationship
2025-02-06101.45100.84-0.05near the usual relationship
2025-02-05101.22101.05-0.11near the usual relationship
2025-02-0499.2099.37-0.16near the usual relationship
2025-02-0399.6197.26+0.26near the usual relationship
2025-01-3198.7596.84+0.19near the usual relationship
2025-01-3099.4598.95-0.02near the usual relationship
2025-01-2997.5293.47+0.56MSI ahead
2025-01-2897.9093.89+0.56MSI ahead
2025-01-2798.5494.74+0.52MSI ahead
2025-01-24100.8494.95+0.84MSI ahead
2025-01-23100.1898.74+0.16near the usual relationship
2025-01-2299.3197.05+0.29near the usual relationship
2025-01-2198.4597.05+0.16near the usual relationship
2025-01-1797.8294.95+0.40near the usual relationship
2025-01-1697.3793.47+0.57MSI ahead
2025-01-1596.8297.05-0.07near the usual relationship
2025-01-1496.9894.95+0.29near the usual relationship
2025-01-1396.1294.11+0.30near the usual relationship
2025-01-1095.8095.16+0.09near the usual relationship
2025-01-0897.3898.11-0.11near the usual relationship
2025-01-0795.7897.47-0.25near the usual relationship
2025-01-0696.0596.00+0.02near the usual relationship
2025-01-0397.1994.32+0.45near the usual relationship
2025-01-0296.6493.89+0.44near the usual relationship
2024-12-3197.2793.26+0.63MSI ahead
2024-12-3097.5693.05+0.71MSI ahead
2024-12-2798.3494.32+0.64MSI ahead
2024-12-2699.1894.11+0.80MSI ahead
2024-12-2499.4294.53+0.78MSI ahead
2024-12-2398.8693.68+0.83MSI ahead
2024-12-2098.8993.26+0.90MSI ahead
2024-12-1997.6093.26+0.72MSI ahead
2024-12-1897.3792.42+0.82MSI ahead
2024-12-1797.1794.32+0.51MSI ahead
2024-12-1698.3394.11+0.72MSI ahead
2024-12-1398.8694.32+0.77MSI ahead
2024-12-1298.8993.26+0.93MSI ahead
2024-12-11100.6192.84+1.25MSI ahead
2024-12-10100.3892.63+1.25MSI ahead
2024-12-09100.7892.63+1.32MSI ahead
2024-12-06103.1189.26+2.20MSI ahead
2024-12-05104.1690.74+2.12MSI ahead
2024-12-04104.7787.79+2.73MSI ahead
2024-12-03104.7589.05+2.56MSI ahead
2024-12-02104.5288.42+2.68MSI ahead
2024-11-29105.1688.42+2.82MSI ahead
2024-11-27105.3688.21+2.94MSI ahead
2024-11-26104.5088.00+2.91MSI ahead
2024-11-25102.7788.63+2.57MSI ahead
2024-11-22105.4188.00+3.16MSI ahead
2024-11-21104.1386.95+3.22MSI ahead
2024-11-20103.6689.47+2.72MSI ahead
2024-11-19102.5887.37+3.00MSI ahead
2024-11-18103.1993.89+1.91MSI ahead
2024-11-15102.9093.89+1.88MSI ahead
2024-11-14103.8994.53+1.95MSI ahead
2024-11-13104.5293.89+2.18MSI ahead
2024-11-12104.6894.74+2.08MSI ahead
2024-11-11104.5896.00+1.86MSI ahead
2024-11-08106.1995.79+2.18MSI ahead
2024-11-0798.9096.84+0.79MSI ahead
2024-11-0698.7296.42+0.84MSI ahead
2024-11-0597.2499.16+0.12near the usual relationship
2024-11-0496.4298.32+0.13near the usual relationship
2024-11-0195.5299.58-0.23near the usual relationship
2024-10-3194.5699.16-0.31near the usual relationship
2024-10-3095.33100.63-0.41near the usual relationship
2024-10-2996.43102.11-0.45near the usual relationship
2024-10-2896.25104.21-0.79NOK ahead
2024-10-2597.29100.42-0.03near the usual relationship
2024-10-2497.93101.05-0.02near the usual relationship
2024-10-2398.2998.53+0.44near the usual relationship
2024-10-2298.9499.16+0.45near the usual relationship
2024-10-21100.40100.84+0.42near the usual relationship
2024-10-18100.00100.00+0.50MSI ahead

One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Oct 23, 2025 (MSI -0.5%, NOK +11.2%); Oct 28, 2025 (MSI -0.8%, NOK +22.2%); Feb 12, 2026 (MSI +7.7%, NOK -5.0%); May 8, 2026 (MSI -11.4%, NOK +3.8%); Jun 5, 2026 (MSI -0.1%, NOK -13.5%); Oct 22, 2026 (MSI +2.2%, NOK -14.8%). Upcoming earnings: MSI Oct 29, 2026 (not-supplied); MSI Nov 4, 2026 (after-hours).

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

MSI and NOK at a glance

MSI Motorola Solutions Inc.

Listing
NYSE · SEC CIK 68505
Industry
Radio And Television Broadcasting And Communications Equipment · SIC 3663 Radio & Tv Broadcasting & Communications Equipment
Market value
$75.9B
Price history
2,521 daily closes, Oct 12, 2016 to Oct 22, 2026

NOK Nokia Corporation Sponsored

Listing
NYSE · SEC CIK 924613
Industry
Radio And Television Broadcasting And Communications Equipment · SIC 3663 Radio & Tv Broadcasting & Communications Equipment
Market value
$52.1B
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
QCOM / NOKWatchlistQCOM by 0.69 sdRadio And Television Broadcasting And Communications Equipment
QCOM / MSIWatchlistMSI by 0.46 sdRadio And Television Broadcasting And Communications Equipment

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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.