Paints/Coatings

PPG Industries Inc. vs RPM International Inc.

WatchlistPPG / RPMPrices through Oct 22, 2026

Why these are rivals: #1 and #2 by market value ($24B vs $13B) in Nasdaq's "Paints/Coatings" industry; SEC SIC 2851 / 2851 (same major group); #1 and #2 by market value ($24B vs $13B) with SEC SIC 2851 (Paints, Varnishes, Lacquers, Enamels & Allied Prods).

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: -2.11 (needs <= -2.873 (5% critical value))
Business leadership

PPG is the larger business

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

YearPPGRPMLarger
2025$15.9B$7.9BPPG
2024$15.8B$7.4BPPG
2023$16.2B$7.3BPPG
2022$15.6B$7.3BPPG
2021$16.8B$6.7BPPG
2020$13.8B$6.1BPPG

PPG led in every year with figures for both. Market value: PPG $23.9B, RPM $12.7B.

Stock leadership

PPG is ahead now

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

PPG leads RPM by 1.19 standard deviations: +7.4% over its usual price ratio. 1 lead switch in the last year.

Price change3 mo6 mo12 mo
PPG-2.5%+2.5%+8.3%
RPM-4.9%-3.8%-10.2%
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: 0.81 (needs >= 0.60)
Fail
Mean reversion: ADF t-statistic of the spread: -2.11 (needs <= -2.873 (5% critical value))
Pass
Speed: half-life of the spread, sessions: 28.11 (needs <= 63)
Data
Both stocks current
The twins over two years

Prices side by side, and the gap between them

PPG PPG Industries Inc. RPM RPM International Inc.Price index, 100 = 2024-10-18. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
708090100Oct 2024Oct 2025Oct 2026PPG 86RPM 76
Spread z-score: PPG relative to RPM, against the 252 sessions before each day. Above 0: PPG ahead; below 0: RPM ahead. Lines at +/-2 (idea) and +/-4 (stop).
-4stop-2idea0+2idea+4stopOct 2024Oct 2025Oct 2026
Data table (504 sessions)
DatePPG indexRPM indexzAhead
2026-10-2286.3776.19+1.19PPG ahead
2026-10-2184.1474.81+1.06PPG ahead
2026-10-2082.9574.99+0.79PPG ahead
2026-10-1982.1474.51+0.74PPG ahead
2026-10-1682.0274.70+0.68PPG ahead
2026-10-1582.3474.97+0.69PPG ahead
2026-10-1480.1073.37+0.60PPG ahead
2026-10-1379.8573.73+0.48near the usual relationship
2026-10-1279.2173.08+0.50PPG ahead
2026-10-0979.4073.20+0.52PPG ahead
2026-10-0880.5574.47+0.48near the usual relationship
2026-10-0780.2673.65+0.60PPG ahead
2026-10-0681.3673.63+0.81PPG ahead
2026-10-0580.4071.38+1.11PPG ahead
2026-10-0280.3174.29+0.50PPG ahead
2026-10-0179.9474.32+0.44near the usual relationship
2026-09-3079.6873.90+0.48near the usual relationship
2026-09-2980.9774.88+0.52PPG ahead
2026-09-2881.7375.05+0.63PPG ahead
2026-09-2582.1275.23+0.67PPG ahead
2026-09-2481.2073.93+0.76PPG ahead
2026-09-2381.8874.95+0.69PPG ahead
2026-09-2282.3175.67+0.64PPG ahead
2026-09-2180.1474.16+0.56PPG ahead
2026-09-1879.8373.68+0.60PPG ahead
2026-09-1780.5474.29+0.61PPG ahead
2026-09-1680.1874.74+0.47near the usual relationship
2026-09-1580.1175.35+0.36near the usual relationship
2026-09-1480.3975.51+0.38near the usual relationship
2026-09-1180.5875.06+0.50PPG ahead
2026-09-1080.2374.38+0.57PPG ahead
2026-09-0981.8574.68+0.78PPG ahead
2026-09-0883.8076.60+0.77PPG ahead
2026-09-0485.9579.04+0.69PPG ahead
2026-09-0384.5977.47+0.75PPG ahead
2026-09-0285.0177.32+0.85PPG ahead
2026-09-0183.7976.29+0.84PPG ahead
2026-08-3185.6777.97+0.85PPG ahead
2026-08-2887.2479.88+0.78PPG ahead
2026-08-2786.6679.17+0.82PPG ahead
2026-08-2687.3980.18+0.77PPG ahead
2026-08-2586.8079.99+0.72PPG ahead
2026-08-2486.4879.66+0.73PPG ahead
2026-08-2186.7981.36+0.52PPG ahead
2026-08-2085.8882.62+0.20near the usual relationship
2026-08-1987.0183.63+0.22near the usual relationship
2026-08-1886.1682.80+0.23near the usual relationship
2026-08-1786.6484.06+0.12near the usual relationship
2026-08-1487.1585.25+0.02near the usual relationship
2026-08-1387.6384.89+0.15near the usual relationship
2026-08-1287.5386.19-0.05near the usual relationship
2026-08-1188.7287.38-0.05near the usual relationship
2026-08-1088.2086.83-0.04near the usual relationship
2026-08-0791.4487.90+0.26near the usual relationship
2026-08-0689.4886.62+0.18near the usual relationship
2026-08-0590.9987.42+0.27near the usual relationship
2026-08-0489.9786.20+0.31near the usual relationship
2026-08-0387.0883.51+0.31near the usual relationship
2026-07-3184.4180.20+0.42near the usual relationship
2026-07-3085.5680.77+0.51PPG ahead
2026-07-2985.4181.17+0.43near the usual relationship
2026-07-2890.9083.72+0.81PPG ahead
2026-07-2790.4880.72+1.19PPG ahead
2026-07-2488.6080.14+1.03PPG ahead
2026-07-2386.8878.47+1.05PPG ahead
2026-07-2289.6680.47+1.13PPG ahead
2026-07-2188.3876.05+1.65PPG ahead
2026-07-2088.3776.12+1.65PPG ahead
2026-07-1789.6478.71+1.42PPG ahead
2026-07-1690.6479.63+1.43PPG ahead
2026-07-1588.0777.18+1.47PPG ahead
2026-07-1487.5776.72+1.48PPG ahead
2026-07-1386.9576.78+1.39PPG ahead
2026-07-1089.1878.72+1.40PPG ahead
2026-07-0988.5777.42+1.53PPG ahead
2026-07-0887.2877.51+1.34PPG ahead
2026-07-0791.8281.10+1.42PPG ahead
2026-07-0694.7482.64+1.58PPG ahead
2026-07-0295.7283.60+1.58PPG ahead
2026-07-0193.6582.90+1.42PPG ahead
2026-06-3092.6483.25+1.23PPG ahead
2026-06-2992.3582.86+1.26PPG ahead
2026-06-2694.1384.23+1.30PPG ahead
2026-06-2593.4983.66+1.30PPG ahead
2026-06-2492.4082.17+1.39PPG ahead
2026-06-2389.9079.42+1.49PPG ahead
2026-06-2290.8380.56+1.45PPG ahead
2026-06-1890.3280.89+1.33PPG ahead
2026-06-1789.4780.16+1.34PPG ahead
2026-06-1692.1582.01+1.43PPG ahead
2026-06-1592.8281.53+1.62PPG ahead
2026-06-1291.1580.18+1.61PPG ahead
2026-06-1190.3180.54+1.45PPG ahead
2026-06-1086.2878.11+1.26PPG ahead
2026-06-0988.8780.45+1.27PPG ahead
2026-06-0886.2178.35+1.23PPG ahead
2026-06-0586.9278.62+1.30PPG ahead
2026-06-0485.5178.02+1.19PPG ahead
2026-06-0385.0877.75+1.18PPG ahead
2026-06-0286.7978.74+1.29PPG ahead
2026-06-0185.6078.36+1.17PPG ahead
2026-05-2986.2979.37+1.12PPG ahead
2026-05-2886.2080.08+0.99PPG ahead
2026-05-2786.2178.86+1.21PPG ahead
2026-05-2683.6677.07+1.12PPG ahead
2026-05-2282.3275.57+1.17PPG ahead
2026-05-2181.4474.31+1.26PPG ahead
2026-05-2079.7373.78+1.08PPG ahead
2026-05-1977.6871.16+1.22PPG ahead
2026-05-1879.1772.73+1.19PPG ahead
2026-05-1578.3971.34+1.33PPG ahead
2026-05-1480.9073.69+1.33PPG ahead
2026-05-1380.5572.77+1.45PPG ahead
2026-05-1281.2574.32+1.29PPG ahead
2026-05-1182.4574.56+1.46PPG ahead
2026-05-0883.7275.51+1.51PPG ahead
2026-05-0783.2075.94+1.35PPG ahead
2026-05-0685.1876.71+1.55PPG ahead
2026-05-0581.2774.46+1.31PPG ahead
2026-05-0479.4973.57+1.18PPG ahead
2026-05-0182.1175.90+1.20PPG ahead
2026-04-3082.8776.32+1.26PPG ahead
2026-04-2979.9675.42+0.92PPG ahead
2026-04-2882.2477.67+0.91PPG ahead
2026-04-2784.2478.64+1.08PPG ahead
2026-04-2483.8678.63+1.02PPG ahead
2026-04-2384.2479.17+1.00PPG ahead
2026-04-2285.2979.78+1.07PPG ahead
2026-04-2184.7280.36+0.87PPG ahead
2026-04-2087.6382.18+1.04PPG ahead
2026-04-1787.7282.25+1.06PPG ahead
2026-04-1685.6679.13+1.28PPG ahead
2026-04-1582.2779.16+0.69PPG ahead
2026-04-1484.4381.39+0.67PPG ahead
2026-04-1384.1981.97+0.52PPG ahead
2026-04-1084.2781.79+0.57PPG ahead
2026-04-0983.7983.12+0.26near the usual relationship
2026-04-0884.3781.43+0.67PPG ahead
2026-04-0778.0972.44+1.26PPG ahead
2026-04-0679.3272.85+1.42PPG ahead
2026-04-0278.8573.38+1.23PPG ahead
2026-04-0181.3275.37+1.30PPG ahead
2026-03-3181.6374.45+1.55PPG ahead
2026-03-3079.2973.45+1.33PPG ahead
2026-03-2779.2973.07+1.42PPG ahead
2026-03-2680.4373.68+1.52PPG ahead
2026-03-2581.4974.03+1.66PPG ahead
2026-03-2478.9972.12+1.60PPG ahead
2026-03-2377.9772.18+1.40PPG ahead
2026-03-2074.2569.83+1.17PPG ahead
2026-03-1975.1472.33+0.82PPG ahead
2026-03-1876.9774.05+0.83PPG ahead
2026-03-1779.3675.81+0.94PPG ahead
2026-03-1679.0175.40+0.97PPG ahead
2026-03-1377.8274.72+0.88PPG ahead
2026-03-1276.9374.65+0.72PPG ahead
2026-03-1179.4976.05+0.94PPG ahead
2026-03-1080.8476.44+1.13PPG ahead
2026-03-0982.6876.88+1.40PPG ahead
2026-03-0681.4976.50+1.27PPG ahead
2026-03-0585.4478.58+1.60PPG ahead
2026-03-0489.9081.54+1.83PPG ahead
2026-03-0390.2681.58+1.91PPG ahead
2026-03-0291.0482.86+1.82PPG ahead
2026-02-2794.1585.48+1.88PPG ahead
2026-02-2694.3185.36+1.96PPG ahead
2026-02-2594.0385.55+1.90PPG ahead
2026-02-2495.8987.15+1.94PPG ahead
2026-02-2395.7486.89+1.98PPG ahead
2026-02-2096.6486.56+2.23PPG ahead
2026-02-1994.9085.73+2.11PPG ahead
2026-02-1897.9587.60+2.32PPG ahead
2026-02-1798.6688.08+2.38PPG ahead
2026-02-13100.3188.54+2.62PPG ahead
2026-02-12100.4890.01+2.40PPG ahead
2026-02-11100.0889.33+2.51PPG ahead
2026-02-1098.6389.24+2.30PPG ahead
2026-02-0997.4588.23+2.32PPG ahead
2026-02-0696.6287.59+2.33PPG ahead
2026-02-0595.0386.20+2.35PPG ahead
2026-02-0496.2086.94+2.46PPG ahead
2026-02-0391.2983.14+2.35PPG ahead
2026-02-0288.9580.53+2.51PPG ahead
2026-01-3088.3180.11+2.50PPG ahead
2026-01-2988.9980.71+2.55PPG ahead
2026-01-2887.0480.03+2.31PPG ahead
2026-01-2784.2380.36+1.59PPG ahead
2026-01-2686.0480.68+1.96PPG ahead
2026-01-2385.7682.00+1.58PPG ahead
2026-01-2287.0083.47+1.52PPG ahead
2026-01-2185.9584.11+1.13PPG ahead
2026-01-2083.2680.80+1.31PPG ahead
2026-01-1684.1883.07+0.98PPG ahead
2026-01-1584.0784.17+0.69PPG ahead
2026-01-1482.9283.27+0.63PPG ahead
2026-01-1382.1783.65+0.35near the usual relationship
2026-01-1282.5383.53+0.47near the usual relationship
2026-01-0982.0483.15+0.44near the usual relationship
2026-01-0880.4279.85+0.87PPG ahead
2026-01-0779.3678.51+0.95PPG ahead
2026-01-0680.6880.30+0.83PPG ahead
2026-01-0580.3679.18+1.04PPG ahead
2026-01-0279.7077.72+1.26PPG ahead
2025-12-3178.2677.90+0.84PPG ahead
2025-12-3079.1978.69+0.87PPG ahead
2025-12-2979.6279.09+0.89PPG ahead
2025-12-2679.6879.52+0.79PPG ahead
2025-12-2479.0979.24+0.71PPG ahead
2025-12-2378.4278.95+0.62PPG ahead
2025-12-2278.9578.85+0.78PPG ahead
2025-12-1978.4278.74+0.68PPG ahead
2025-12-1878.6080.18+0.35near the usual relationship
2025-12-1779.2280.98+0.31near the usual relationship
2025-12-1679.2080.08+0.54PPG ahead
2025-12-1579.2279.90+0.60PPG ahead
2025-12-1279.0880.31+0.46near the usual relationship
2025-12-1178.4880.26+0.32near the usual relationship
2025-12-1076.7178.27+0.37near the usual relationship
2025-12-0975.9476.76+0.57PPG ahead
2025-12-0876.6676.87+0.74PPG ahead
2025-12-0577.1678.87+0.34near the usual relationship
2025-12-0476.8978.65+0.33near the usual relationship
2025-12-0377.4079.33+0.30near the usual relationship
2025-12-0276.5778.92+0.19near the usual relationship
2025-12-0176.2780.07-0.19near the usual relationship
2025-11-2876.4180.33-0.21near the usual relationship
2025-11-2676.2980.11-0.18near the usual relationship
2025-11-2576.0780.30-0.29near the usual relationship
2025-11-2474.2178.05-0.21near the usual relationship
2025-11-2175.3878.75-0.07near the usual relationship
2025-11-2072.7176.80-0.29near the usual relationship
2025-11-1972.0576.74-0.46near the usual relationship
2025-11-1872.4276.84-0.38near the usual relationship
2025-11-1772.8377.87-0.53RPM ahead
2025-11-1474.1179.95-0.71RPM ahead
2025-11-1374.9381.00-0.75RPM ahead
2025-11-1274.4680.50-0.76RPM ahead
2025-11-1173.2580.49-1.09RPM ahead
2025-11-1073.2780.93-1.21RPM ahead
2025-11-0773.5180.48-1.04RPM ahead
2025-11-0672.6979.30-0.97RPM ahead
2025-11-0573.5180.57-1.07RPM ahead
2025-11-0472.5080.97-1.47RPM ahead
2025-11-0372.5381.12-1.52RPM ahead
2025-10-3174.6681.85-1.11RPM ahead
2025-10-3074.4381.42-1.08RPM ahead
2025-10-2975.7181.17-0.67RPM ahead
2025-10-2880.4383.58-0.03near the usual relationship
2025-10-2780.5483.59-0.01near the usual relationship
2025-10-2479.0583.51-0.37near the usual relationship
2025-10-2379.0584.13-0.53RPM ahead
2025-10-2278.0383.72-0.70RPM ahead
2025-10-2179.7284.81-0.53RPM ahead
2025-10-2078.0383.91-0.76RPM ahead
2025-10-1777.5884.03-0.91RPM ahead
2025-10-1677.1584.44-1.14RPM ahead
2025-10-1576.0485.07-1.60RPM ahead
2025-10-1476.7685.43-1.51RPM ahead
2025-10-1375.5183.57-1.41RPM ahead
2025-10-1075.2283.31-1.43RPM ahead
2025-10-0976.0783.03-1.14RPM ahead
2025-10-0877.5984.73-1.16RPM ahead
2025-10-0777.6884.45-1.07RPM ahead
2025-10-0679.0785.54-0.98RPM ahead
2025-10-0379.7687.51-1.27RPM ahead
2025-10-0279.8387.09-1.15RPM ahead
2025-10-0179.5087.78-1.40RPM ahead
2025-09-3080.2888.29-1.32RPM ahead
2025-09-2979.4587.66-1.39RPM ahead
2025-09-2679.1687.64-1.47RPM ahead
2025-09-2579.3786.99-1.28RPM ahead
2025-09-2480.5688.61-1.36RPM ahead
2025-09-2381.1489.54-1.44RPM ahead
2025-09-2283.6290.75-1.11RPM ahead
2025-09-1983.5791.72-1.34RPM ahead
2025-09-1883.2792.92-1.69RPM ahead
2025-09-1782.5692.11-1.69RPM ahead
2025-09-1682.7693.92-2.04RPM ahead
2025-09-1583.5993.94-1.87RPM ahead
2025-09-1284.5694.67-1.80RPM ahead
2025-09-1185.4196.05-1.90RPM ahead
2025-09-1083.0893.33-1.89RPM ahead
2025-09-0983.5494.07-1.95RPM ahead
2025-09-0885.1895.94-1.96RPM ahead
2025-09-0584.0094.84-2.01RPM ahead
2025-09-0483.7493.71-1.85RPM ahead
2025-09-0383.4091.98-1.57RPM ahead
2025-09-0283.7092.01-1.51RPM ahead
2025-08-2984.9593.86-1.60RPM ahead
2025-08-2884.9593.99-1.64RPM ahead
2025-08-2785.6494.29-1.55RPM ahead
2025-08-2685.9894.02-1.44RPM ahead
2025-08-2585.6594.17-1.55RPM ahead
2025-08-2287.2895.55-1.48RPM ahead
2025-08-2185.2193.13-1.46RPM ahead
2025-08-2085.5993.00-1.37RPM ahead
2025-08-1986.2094.56-1.55RPM ahead
2025-08-1884.7692.25-1.42RPM ahead
2025-08-1585.3992.28-1.30RPM ahead
2025-08-1485.5092.95-1.42RPM ahead
2025-08-1386.0294.04-1.54RPM ahead
2025-08-1283.0691.25-1.64RPM ahead
2025-08-1181.3689.40-1.66RPM ahead
2025-08-0881.6889.62-1.65RPM ahead
2025-08-0781.0589.20-1.72RPM ahead
2025-08-0680.7189.69-1.92RPM ahead
2025-08-0580.9789.87-1.92RPM ahead
2025-08-0480.2088.83-1.90RPM ahead
2025-08-0179.7788.02-1.84RPM ahead
2025-07-3180.5887.94-1.65RPM ahead
2025-07-3081.1588.95-1.75RPM ahead
2025-07-2985.7290.08-0.97RPM ahead
2025-07-2887.0591.03-0.88RPM ahead
2025-07-2588.5691.96-0.76RPM ahead
2025-07-2487.8591.86-0.89RPM ahead
2025-07-2389.0684.60+0.82PPG ahead
2025-07-2288.1483.82+0.78PPG ahead
2025-07-2187.4783.12+0.78PPG ahead
2025-07-1887.4783.46+0.69PPG ahead
2025-07-1788.6183.59+0.86PPG ahead
2025-07-1688.2782.83+0.92PPG ahead
2025-07-1587.2982.44+0.80PPG ahead
2025-07-1488.8784.44+0.68PPG ahead
2025-07-1189.5984.86+0.70PPG ahead
2025-07-1090.9485.61+0.78PPG ahead
2025-07-0990.2785.49+0.67PPG ahead
2025-07-0889.6784.27+0.77PPG ahead
2025-07-0788.1883.16+0.70PPG ahead
2025-07-0390.3484.91+0.74PPG ahead
2025-07-0290.5884.73+0.79PPG ahead
2025-07-0188.9184.18+0.61PPG ahead
2025-06-3086.8882.27+0.59PPG ahead
2025-06-2787.1882.81+0.54PPG ahead
2025-06-2686.9081.96+0.62PPG ahead
2025-06-2586.5081.64+0.60PPG ahead
2025-06-2486.9882.56+0.51PPG ahead
2025-06-2385.7981.62+0.47near the usual relationship
2025-06-2083.0080.01+0.29near the usual relationship
2025-06-1882.6780.16+0.20near the usual relationship
2025-06-1782.1480.41+0.06near the usual relationship
2025-06-1683.2881.48+0.06near the usual relationship
2025-06-1381.1980.95-0.20near the usual relationship
2025-06-1285.5686.03-0.32near the usual relationship
2025-06-1186.3186.22-0.24near the usual relationship
2025-06-1087.8686.81-0.10near the usual relationship
2025-06-0986.6686.67-0.27near the usual relationship
2025-06-0686.0086.53-0.35near the usual relationship
2025-06-0584.9885.86-0.41near the usual relationship
2025-06-0485.4986.52-0.44near the usual relationship
2025-06-0385.0686.09-0.44near the usual relationship
2025-06-0284.2884.38-0.32near the usual relationship
2025-05-3084.6385.27-0.40near the usual relationship
2025-05-2985.0185.15-0.34near the usual relationship
2025-05-2884.4384.89-0.39near the usual relationship
2025-05-2785.7486.48-0.43near the usual relationship
2025-05-2384.0883.83-0.30near the usual relationship
2025-05-2284.9484.26-0.25near the usual relationship
2025-05-2184.9684.50-0.29near the usual relationship
2025-05-2086.9185.78-0.21near the usual relationship
2025-05-1987.2786.86-0.31near the usual relationship
2025-05-1687.1386.90-0.34near the usual relationship
2025-05-1586.3585.68-0.29near the usual relationship
2025-05-1485.2984.17-0.23near the usual relationship
2025-05-1386.5785.70-0.27near the usual relationship
2025-05-1287.2385.59-0.18near the usual relationship
2025-05-0983.5982.79-0.29near the usual relationship
2025-05-0882.9583.06-0.42near the usual relationship
2025-05-0781.5481.93-0.46near the usual relationship
2025-05-0682.9181.48-0.23near the usual relationship
2025-05-0584.1882.37-0.19near the usual relationship
2025-05-0284.3982.62-0.20near the usual relationship
2025-05-0183.0780.54-0.10near the usual relationship
2025-04-3083.1479.96-0.02near the usual relationship
2025-04-2979.2979.12-0.42near the usual relationship
2025-04-2878.6478.73-0.46near the usual relationship
2025-04-2578.3478.23-0.44near the usual relationship
2025-04-2479.5379.06-0.40near the usual relationship
2025-04-2377.7777.75-0.46near the usual relationship
2025-04-2277.7477.91-0.49near the usual relationship
2025-04-2175.9275.47-0.42near the usual relationship
2025-04-1776.4177.26-0.59RPM ahead
2025-04-1675.1777.28-0.77RPM ahead
2025-04-1576.0878.60-0.82RPM ahead
2025-04-1477.5179.30-0.73RPM ahead
2025-04-1176.9378.17-0.67RPM ahead
2025-04-1075.2576.73-0.71RPM ahead
2025-04-0978.7579.13-0.57RPM ahead
2025-04-0870.0172.63-0.89RPM ahead
2025-04-0774.0379.92-1.28RPM ahead
2025-04-0475.7381.07-1.21RPM ahead
2025-04-0379.4284.33-1.14RPM ahead
2025-04-0284.1088.07-1.01RPM ahead
2025-04-0183.2187.22-1.03RPM ahead
2025-03-3183.5286.65-0.94RPM ahead
2025-03-2882.0685.48-0.99RPM ahead
2025-03-2782.7687.16-1.10RPM ahead
2025-03-2685.4986.95-0.77RPM ahead
2025-03-2585.3486.71-0.77RPM ahead
2025-03-2486.2987.38-0.75RPM ahead
2025-03-2184.5785.59-0.75RPM ahead
2025-03-2084.9885.41-0.69RPM ahead
2025-03-1986.3886.79-0.69RPM ahead
2025-03-1886.7486.56-0.63RPM ahead
2025-03-1786.9586.98-0.66RPM ahead
2025-03-1486.6687.01-0.70RPM ahead
2025-03-1385.0586.53-0.83RPM ahead
2025-03-1284.7687.36-0.96RPM ahead
2025-03-1186.6388.23-0.86RPM ahead
2025-03-1087.6090.26-0.97RPM ahead
2025-03-0788.2091.79-1.07RPM ahead
2025-03-0688.1293.17-1.23RPM ahead
2025-03-0587.1493.19-1.35RPM ahead
2025-03-0483.4790.46-1.48RPM ahead
2025-03-0385.3392.20-1.46RPM ahead
2025-02-2886.4792.79-1.41RPM ahead
2025-02-2786.8391.21-1.22RPM ahead
2025-02-2687.8692.12-1.21RPM ahead
2025-02-2587.3792.26-1.29RPM ahead
2025-02-2486.7190.23-1.16RPM ahead
2025-02-2187.6890.77-1.12RPM ahead
2025-02-2090.0492.24-1.03RPM ahead
2025-02-1989.2092.15-1.12RPM ahead
2025-02-1891.0993.39-1.05RPM ahead
2025-02-1489.9392.47-1.09RPM ahead
2025-02-1390.0691.97-1.03RPM ahead
2025-02-1287.6890.20-1.11RPM ahead
2025-02-1187.7691.42-1.23RPM ahead
2025-02-1087.1691.37-1.29RPM ahead
2025-02-0787.7191.04-1.21RPM ahead
2025-02-0688.5292.52-1.28RPM ahead
2025-02-0585.9892.15-1.51RPM ahead
2025-02-0484.9891.66-1.58RPM ahead
2025-02-0385.5391.00-1.47RPM ahead
2025-01-3188.1294.82-1.58RPM ahead
2025-01-3093.7595.49-1.11RPM ahead
2025-01-2993.4794.49-1.05RPM ahead
2025-01-2893.9595.43-1.10RPM ahead
2025-01-2794.9395.88-1.06RPM ahead
2025-01-2493.7894.71-1.06RPM ahead
2025-01-2394.3195.08-1.05RPM ahead
2025-01-2293.8495.19-1.12RPM ahead
2025-01-2194.2396.11-1.17RPM ahead
2025-01-1791.8494.76-1.28RPM ahead
2025-01-1691.3594.70-1.33RPM ahead
2025-01-1589.8094.22-1.44RPM ahead
2025-01-1489.0092.82-1.40RPM ahead
2025-01-1387.6891.47-1.41RPM ahead
2025-01-1086.4490.25-1.43RPM ahead
2025-01-0888.3691.81-1.39RPM ahead
2025-01-0788.4991.18-1.33RPM ahead
2025-01-0687.8990.20-1.31RPM ahead
2025-01-0387.2890.49-1.40RPM ahead
2025-01-0288.1589.33-1.22RPM ahead
2024-12-3191.2392.17-1.20RPM ahead
2024-12-3090.9692.23-1.24RPM ahead
2024-12-2791.9492.98-1.23RPM ahead
2024-12-2692.5993.94-1.27RPM ahead
2024-12-2492.4094.47-1.34RPM ahead
2024-12-2391.7793.92-1.36RPM ahead
2024-12-2091.8193.84-1.36RPM ahead
2024-12-1991.2993.93-1.43RPM ahead
2024-12-1892.6194.74-1.39RPM ahead
2024-12-1793.2398.43-1.67RPM ahead
2024-12-1693.6799.43-1.73RPM ahead
2024-12-1394.8499.19-1.62RPM ahead
2024-12-1294.7299.49-1.67RPM ahead
2024-12-1193.63100.01-1.83RPM ahead
2024-12-1095.79100.22-1.67RPM ahead
2024-12-0996.89100.99-1.65RPM ahead
2024-12-0695.91102.49-1.88RPM ahead
2024-12-0595.85102.74-1.92RPM ahead
2024-12-0496.87103.81-1.94RPM ahead
2024-12-0396.37103.90-2.01RPM ahead
2024-12-0296.21104.60-2.11RPM ahead
2024-11-2994.99103.95-2.19RPM ahead
2024-11-2794.29104.00-2.29RPM ahead
2024-11-2694.21104.56-2.37RPM ahead
2024-11-2596.07105.06-2.27RPM ahead
2024-11-2293.68103.27-2.38RPM ahead
2024-11-2193.70102.10-2.30RPM ahead
2024-11-2092.64100.70-2.32RPM ahead
2024-11-1992.48101.10-2.40RPM ahead
2024-11-1894.26102.46-2.38RPM ahead
2024-11-1593.58101.30-2.38RPM ahead
2024-11-1494.34101.86-2.39RPM ahead
2024-11-1394.26101.55-2.41RPM ahead
2024-11-1292.99101.78-2.60RPM ahead
2024-11-1196.20102.80-2.40RPM ahead
2024-11-0895.87100.94-2.29RPM ahead
2024-11-0796.22100.16-2.21RPM ahead
2024-11-0696.05100.73-2.32RPM ahead
2024-11-0595.2097.00-2.06RPM ahead
2024-11-0495.3695.53-1.91RPM ahead
2024-11-0195.0294.70-1.88RPM ahead
2024-10-3195.1095.21-1.95RPM ahead
2024-10-3095.9895.96-1.95RPM ahead
2024-10-2996.6396.44-1.96RPM ahead
2024-10-2897.2996.96-1.96RPM ahead
2024-10-2596.5896.21-1.98RPM ahead
2024-10-2497.1897.48-2.08RPM ahead
2024-10-2396.4597.60-2.20RPM ahead
2024-10-2296.6997.81-2.22RPM ahead
2024-10-2198.3999.07-2.20RPM ahead
2024-10-18100.00100.00-2.16RPM ahead

One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Jan 31, 2025 (PPG -6.0%, RPM -0.7%); Jul 24, 2025 (PPG -1.4%, RPM +8.6%). Upcoming earnings: PPG Oct 27, 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

PPG and RPM at a glance

PPG PPG Industries Inc.

Listing
NYSE · SEC CIK 79879
Industry
Paints/Coatings · SIC 2851 Paints, Varnishes, Lacquers, Enamels & Allied Prods
Market value
$23.9B
Price history
2,521 daily closes, Oct 12, 2016 to Oct 22, 2026

RPM RPM International Inc.

Listing
NYSE · SEC CIK 110621
Industry
Paints/Coatings · SIC 2851 Paints, Varnishes, Lacquers, Enamels & Allied Prods
Market value
$12.7B
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.

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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.