Rio Tinto Plc vs Southern Copper Corporation
Why these are rivals: #1 and #2 by market value ($168B vs $112B) in Nasdaq's "Metal Mining" industry; SEC SIC 1000 / 1000 (same major group); #2 and #3 by market value ($168B vs $112B) with SEC SIC 1000 (Metal Mining).
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: -1.93 (needs <= -2.873 (5% critical value))
Business size
Annual revenue reported to the SEC. Scale, not market share.
| Year | RIO | SCCO | Larger |
|---|---|---|---|
| 2025 | - | $13.4B | - |
| 2024 | - | $11.4B | - |
| 2023 | - | $9.9B | - |
| 2022 | - | $10.0B | - |
| 2021 | - | $10.9B | - |
| 2020 | - | $8.0B | - |
Market value: RIO $112.4B, SCCO $168.4B.
SCCO is ahead now
Measured against the pair's own last 252 trading days.
SCCO leads RIO by 1.67 standard deviations: +12.8% over its usual price ratio. 2 lead switches in the last year.
| Price change | 3 mo | 6 mo | 12 mo |
|---|---|---|---|
| RIO | -7.8% | -14.9% | +23.1% |
| SCCO | +2.4% | +0.7% | +43.1% |
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: 0.75 (needs >= 0.60)
- Fail
- Mean reversion: ADF t-statistic of the spread: -1.93 (needs <= -2.873 (5% critical value))
- Pass
- Speed: half-life of the spread, sessions: 18.34 (needs <= 63)
- Data
- Both stocks current
Prices side by side, and the gap between them
Data table (504 sessions)
| Date | RIO index | SCCO index | z | Ahead |
|---|---|---|---|---|
| 2026-10-22 | 128.73 | 162.61 | -1.67 | SCCO ahead |
| 2026-10-21 | 132.99 | 175.44 | -2.31 | SCCO ahead |
| 2026-10-20 | 134.88 | 179.22 | -2.45 | SCCO ahead |
| 2026-10-19 | 136.93 | 178.72 | -2.23 | SCCO ahead |
| 2026-10-16 | 138.19 | 177.60 | -2.03 | SCCO ahead |
| 2026-10-15 | 138.02 | 178.64 | -2.16 | SCCO ahead |
| 2026-10-14 | 139.61 | 177.75 | -1.94 | SCCO ahead |
| 2026-10-13 | 142.38 | 183.72 | -2.17 | SCCO ahead |
| 2026-10-12 | 144.28 | 184.84 | -2.09 | SCCO ahead |
| 2026-10-09 | 145.01 | 185.31 | -2.07 | SCCO ahead |
| 2026-10-08 | 142.81 | 175.96 | -1.53 | SCCO ahead |
| 2026-10-07 | 142.53 | 177.65 | -1.72 | SCCO ahead |
| 2026-10-06 | 146.71 | 180.92 | -1.57 | SCCO ahead |
| 2026-10-05 | 146.34 | 181.83 | -1.71 | SCCO ahead |
| 2026-10-02 | 144.14 | 182.05 | -1.98 | SCCO ahead |
| 2026-10-01 | 142.09 | 176.46 | -1.74 | SCCO ahead |
| 2026-09-30 | 144.08 | 179.49 | -1.81 | SCCO ahead |
| 2026-09-29 | 144.06 | 179.41 | -1.82 | SCCO ahead |
| 2026-09-28 | 144.45 | 179.48 | -1.81 | SCCO ahead |
| 2026-09-25 | 144.68 | 180.62 | -1.90 | SCCO ahead |
| 2026-09-24 | 144.54 | 178.55 | -1.75 | SCCO ahead |
| 2026-09-23 | 145.73 | 178.87 | -1.66 | SCCO ahead |
| 2026-09-22 | 149.16 | 182.59 | -1.63 | SCCO ahead |
| 2026-09-21 | 148.47 | 175.43 | -1.07 | SCCO ahead |
| 2026-09-18 | 148.97 | 173.34 | -0.83 | SCCO ahead |
| 2026-09-17 | 150.00 | 173.70 | -0.76 | SCCO ahead |
| 2026-09-16 | 146.56 | 168.18 | -0.63 | SCCO ahead |
| 2026-09-15 | 148.81 | 167.75 | -0.35 | near the usual relationship |
| 2026-09-14 | 149.39 | 166.83 | -0.21 | near the usual relationship |
| 2026-09-11 | 152.94 | 171.38 | -0.27 | near the usual relationship |
| 2026-09-10 | 152.07 | 171.96 | -0.42 | near the usual relationship |
| 2026-09-09 | 158.72 | 185.35 | -0.91 | SCCO ahead |
| 2026-09-08 | 158.86 | 184.73 | -0.85 | SCCO ahead |
| 2026-09-04 | 158.00 | 176.05 | -0.22 | near the usual relationship |
| 2026-09-03 | 157.34 | 176.73 | -0.35 | near the usual relationship |
| 2026-09-02 | 157.21 | 180.92 | -0.71 | SCCO ahead |
| 2026-09-01 | 155.84 | 178.57 | -0.65 | SCCO ahead |
| 2026-08-31 | 156.82 | 185.00 | -1.06 | SCCO ahead |
| 2026-08-28 | 158.05 | 185.83 | -1.02 | SCCO ahead |
| 2026-08-27 | 160.31 | 191.57 | -1.24 | SCCO ahead |
| 2026-08-26 | 160.19 | 189.33 | -1.10 | SCCO ahead |
| 2026-08-25 | 163.42 | 194.60 | -1.20 | SCCO ahead |
| 2026-08-24 | 160.34 | 189.77 | -1.12 | SCCO ahead |
| 2026-08-21 | 161.11 | 191.32 | -1.17 | SCCO ahead |
| 2026-08-20 | 156.32 | 176.02 | -0.48 | near the usual relationship |
| 2026-08-19 | 153.67 | 172.44 | -0.44 | near the usual relationship |
| 2026-08-18 | 147.93 | 166.34 | -0.47 | near the usual relationship |
| 2026-08-17 | 148.73 | 170.10 | -0.69 | SCCO ahead |
| 2026-08-14 | 146.39 | 163.52 | -0.40 | near the usual relationship |
| 2026-08-13 | 150.24 | 166.16 | -0.29 | near the usual relationship |
| 2026-08-12 | 154.87 | 172.62 | -0.39 | near the usual relationship |
| 2026-08-11 | 154.51 | 172.26 | -0.40 | near the usual relationship |
| 2026-08-10 | 155.92 | 177.25 | -0.64 | SCCO ahead |
| 2026-08-07 | 154.68 | 176.32 | -0.68 | SCCO ahead |
| 2026-08-06 | 152.46 | 170.97 | -0.49 | near the usual relationship |
| 2026-08-05 | 155.31 | 174.49 | -0.52 | SCCO ahead |
| 2026-08-04 | 151.48 | 172.86 | -0.71 | SCCO ahead |
| 2026-08-03 | 146.73 | 164.67 | -0.52 | SCCO ahead |
| 2026-07-31 | 148.18 | 161.83 | -0.21 | near the usual relationship |
| 2026-07-30 | 148.68 | 163.86 | -0.32 | near the usual relationship |
| 2026-07-29 | 143.30 | 155.42 | -0.15 | near the usual relationship |
| 2026-07-28 | 140.21 | 158.51 | -0.62 | SCCO ahead |
| 2026-07-27 | 140.68 | 158.83 | -0.61 | SCCO ahead |
| 2026-07-24 | 139.57 | 158.80 | -0.70 | SCCO ahead |
| 2026-07-23 | 140.01 | 161.40 | -0.86 | SCCO ahead |
| 2026-07-22 | 141.19 | 173.14 | -1.55 | SCCO ahead |
| 2026-07-21 | 138.54 | 166.53 | -1.34 | SCCO ahead |
| 2026-07-20 | 136.28 | 155.07 | -0.74 | SCCO ahead |
| 2026-07-17 | 137.93 | 152.77 | -0.45 | near the usual relationship |
| 2026-07-16 | 138.72 | 155.59 | -0.59 | SCCO ahead |
| 2026-07-15 | 143.24 | 160.80 | -0.61 | SCCO ahead |
| 2026-07-14 | 142.73 | 161.54 | -0.70 | SCCO ahead |
| 2026-07-13 | 137.47 | 154.59 | -0.64 | SCCO ahead |
| 2026-07-10 | 138.53 | 155.74 | -0.64 | SCCO ahead |
| 2026-07-09 | 136.92 | 154.50 | -0.69 | SCCO ahead |
| 2026-07-08 | 135.86 | 148.10 | -0.31 | near the usual relationship |
| 2026-07-07 | 139.61 | 150.35 | -0.18 | near the usual relationship |
| 2026-07-06 | 143.18 | 154.00 | -0.17 | near the usual relationship |
| 2026-07-02 | 144.46 | 152.36 | +0.04 | near the usual relationship |
| 2026-07-01 | 142.82 | 149.51 | +0.12 | near the usual relationship |
| 2026-06-30 | 145.24 | 154.35 | -0.05 | near the usual relationship |
| 2026-06-29 | 144.26 | 149.20 | +0.25 | near the usual relationship |
| 2026-06-26 | 143.42 | 151.69 | +0.00 | near the usual relationship |
| 2026-06-25 | 145.52 | 154.77 | -0.06 | near the usual relationship |
| 2026-06-24 | 143.86 | 152.21 | -0.01 | near the usual relationship |
| 2026-06-23 | 146.24 | 158.17 | -0.25 | near the usual relationship |
| 2026-06-22 | 152.02 | 168.21 | -0.50 | SCCO ahead |
| 2026-06-18 | 153.12 | 170.89 | -0.60 | SCCO ahead |
| 2026-06-17 | 157.08 | 169.78 | -0.26 | near the usual relationship |
| 2026-06-16 | 161.78 | 172.30 | -0.10 | near the usual relationship |
| 2026-06-15 | 162.01 | 171.14 | -0.02 | near the usual relationship |
| 2026-06-12 | 161.18 | 168.10 | +0.11 | near the usual relationship |
| 2026-06-11 | 158.57 | 161.35 | +0.37 | near the usual relationship |
| 2026-06-10 | 151.56 | 148.59 | +0.76 | RIO ahead |
| 2026-06-09 | 155.17 | 155.16 | +0.55 | RIO ahead |
| 2026-06-08 | 154.42 | 151.00 | +0.78 | RIO ahead |
| 2026-06-05 | 154.05 | 153.21 | +0.60 | RIO ahead |
| 2026-06-04 | 161.26 | 171.91 | -0.14 | near the usual relationship |
| 2026-06-03 | 165.02 | 174.13 | -0.04 | near the usual relationship |
| 2026-06-02 | 170.85 | 178.36 | +0.07 | near the usual relationship |
| 2026-06-01 | 166.71 | 172.38 | +0.16 | near the usual relationship |
| 2026-05-29 | 162.78 | 169.44 | +0.08 | near the usual relationship |
| 2026-05-28 | 162.90 | 172.61 | -0.11 | near the usual relationship |
| 2026-05-27 | 163.11 | 166.30 | +0.28 | near the usual relationship |
| 2026-05-26 | 163.62 | 168.18 | +0.19 | near the usual relationship |
| 2026-05-22 | 159.47 | 159.14 | +0.47 | near the usual relationship |
| 2026-05-21 | 160.28 | 158.65 | +0.54 | RIO ahead |
| 2026-05-20 | 158.06 | 154.20 | +0.68 | RIO ahead |
| 2026-05-19 | 154.41 | 149.69 | +0.73 | RIO ahead |
| 2026-05-18 | 158.09 | 152.26 | +0.78 | RIO ahead |
| 2026-05-15 | 158.64 | 156.58 | +0.54 | RIO ahead |
| 2026-05-14 | 167.67 | 166.96 | +0.44 | near the usual relationship |
| 2026-05-13 | 171.42 | 169.96 | +0.48 | near the usual relationship |
| 2026-05-12 | 167.53 | 169.84 | +0.26 | near the usual relationship |
| 2026-05-11 | 165.09 | 164.07 | +0.44 | near the usual relationship |
| 2026-05-08 | 161.23 | 164.12 | +0.20 | near the usual relationship |
| 2026-05-07 | 157.76 | 159.03 | +0.29 | near the usual relationship |
| 2026-05-06 | 161.43 | 162.90 | +0.27 | near the usual relationship |
| 2026-05-05 | 153.76 | 151.49 | +0.49 | near the usual relationship |
| 2026-05-04 | 150.90 | 147.30 | +0.57 | RIO ahead |
| 2026-05-01 | 153.89 | 151.62 | +0.47 | near the usual relationship |
| 2026-04-30 | 153.73 | 152.07 | +0.43 | near the usual relationship |
| 2026-04-29 | 147.63 | 149.19 | +0.23 | near the usual relationship |
| 2026-04-28 | 150.69 | 151.01 | +0.30 | near the usual relationship |
| 2026-04-27 | 152.92 | 157.77 | +0.04 | near the usual relationship |
| 2026-04-24 | 152.40 | 159.81 | -0.12 | near the usual relationship |
| 2026-04-23 | 151.24 | 161.43 | -0.28 | near the usual relationship |
| 2026-04-22 | 153.43 | 166.26 | -0.42 | near the usual relationship |
| 2026-04-21 | 149.51 | 162.56 | -0.46 | near the usual relationship |
| 2026-04-20 | 152.74 | 168.96 | -0.61 | SCCO ahead |
| 2026-04-17 | 153.23 | 172.12 | -0.76 | SCCO ahead |
| 2026-04-16 | 152.56 | 166.74 | -0.52 | SCCO ahead |
| 2026-04-15 | 150.80 | 167.67 | -0.68 | SCCO ahead |
| 2026-04-14 | 151.27 | 171.28 | -0.84 | SCCO ahead |
| 2026-04-13 | 151.77 | 173.94 | -0.95 | SCCO ahead |
| 2026-04-10 | 150.34 | 170.56 | -0.87 | SCCO ahead |
| 2026-04-09 | 148.61 | 166.56 | -0.78 | SCCO ahead |
| 2026-04-08 | 150.63 | 165.78 | -0.63 | SCCO ahead |
| 2026-04-07 | 144.83 | 154.09 | -0.34 | near the usual relationship |
| 2026-04-06 | 143.83 | 156.48 | -0.54 | SCCO ahead |
| 2026-04-02 | 144.51 | 157.51 | -0.56 | SCCO ahead |
| 2026-04-01 | 145.06 | 157.62 | -0.54 | SCCO ahead |
| 2026-03-31 | 142.73 | 152.40 | -0.39 | near the usual relationship |
| 2026-03-30 | 135.89 | 141.08 | -0.16 | near the usual relationship |
| 2026-03-27 | 132.56 | 143.55 | -0.52 | SCCO ahead |
| 2026-03-26 | 131.26 | 141.51 | -0.49 | near the usual relationship |
| 2026-03-25 | 133.94 | 146.58 | -0.62 | SCCO ahead |
| 2026-03-24 | 132.76 | 141.61 | -0.41 | near the usual relationship |
| 2026-03-23 | 131.33 | 141.36 | -0.49 | near the usual relationship |
| 2026-03-20 | 127.22 | 135.26 | -0.39 | near the usual relationship |
| 2026-03-19 | 131.04 | 141.55 | -0.53 | SCCO ahead |
| 2026-03-18 | 134.21 | 147.67 | -0.69 | SCCO ahead |
| 2026-03-17 | 137.39 | 156.79 | -1.00 | SCCO ahead |
| 2026-03-16 | 137.48 | 156.60 | -0.99 | SCCO ahead |
| 2026-03-13 | 134.38 | 151.31 | -0.91 | SCCO ahead |
| 2026-03-12 | 138.77 | 159.93 | -1.11 | SCCO ahead |
| 2026-03-11 | 140.88 | 170.08 | -1.50 | SCCO ahead |
| 2026-03-10 | 140.27 | 173.75 | -1.73 | SCCO ahead |
| 2026-03-09 | 138.23 | 168.86 | -1.63 | SCCO ahead |
| 2026-03-06 | 138.02 | 163.84 | -1.40 | SCCO ahead |
| 2026-03-05 | 142.85 | 169.95 | -1.43 | SCCO ahead |
| 2026-03-04 | 147.26 | 183.05 | -1.81 | SCCO ahead |
| 2026-03-03 | 145.82 | 182.67 | -1.89 | SCCO ahead |
| 2026-03-02 | 152.40 | 193.84 | -2.04 | SCCO ahead |
| 2026-02-27 | 151.99 | 193.36 | -2.07 | SCCO ahead |
| 2026-02-26 | 151.61 | 191.05 | -2.01 | SCCO ahead |
| 2026-02-25 | 154.19 | 190.61 | -1.87 | SCCO ahead |
| 2026-02-24 | 150.11 | 186.62 | -1.94 | SCCO ahead |
| 2026-02-23 | 149.43 | 183.39 | -1.85 | SCCO ahead |
| 2026-02-20 | 148.55 | 178.04 | -1.66 | SCCO ahead |
| 2026-02-19 | 147.40 | 171.90 | -1.44 | SCCO ahead |
| 2026-02-18 | 151.36 | 170.65 | -1.16 | SCCO ahead |
| 2026-02-17 | 148.23 | 166.52 | -1.13 | SCCO ahead |
| 2026-02-13 | 150.05 | 175.38 | -1.49 | SCCO ahead |
| 2026-02-12 | 149.80 | 175.24 | -1.51 | SCCO ahead |
| 2026-02-11 | 152.26 | 182.92 | -1.76 | SCCO ahead |
| 2026-02-10 | 148.78 | 176.17 | -1.65 | SCCO ahead |
| 2026-02-09 | 148.18 | 184.48 | -2.11 | SCCO ahead |
| 2026-02-06 | 142.92 | 177.18 | -2.10 | SCCO ahead |
| 2026-02-05 | 139.41 | 167.81 | -1.86 | SCCO ahead |
| 2026-02-04 | 147.61 | 173.58 | -1.67 | SCCO ahead |
| 2026-02-03 | 147.44 | 190.82 | -2.57 | SCCO ahead |
| 2026-02-02 | 141.55 | 170.77 | -1.96 | SCCO ahead |
| 2026-01-30 | 139.27 | 168.57 | -2.01 | SCCO ahead |
| 2026-01-29 | 145.55 | 184.17 | -2.46 | SCCO ahead |
| 2026-01-28 | 142.85 | 175.54 | -2.22 | SCCO ahead |
| 2026-01-27 | 142.15 | 172.58 | -2.13 | SCCO ahead |
| 2026-01-26 | 138.42 | 166.88 | -2.09 | SCCO ahead |
| 2026-01-23 | 138.36 | 163.24 | -1.91 | SCCO ahead |
| 2026-01-22 | 133.57 | 156.25 | -1.85 | SCCO ahead |
| 2026-01-21 | 135.92 | 163.03 | -2.12 | SCCO ahead |
| 2026-01-20 | 131.09 | 164.97 | -2.63 | SCCO ahead |
| 2026-01-16 | 130.25 | 160.27 | -2.45 | SCCO ahead |
| 2026-01-15 | 132.11 | 162.06 | -2.46 | SCCO ahead |
| 2026-01-14 | 131.40 | 159.66 | -2.40 | SCCO ahead |
| 2026-01-13 | 127.89 | 154.45 | -2.37 | SCCO ahead |
| 2026-01-12 | 126.81 | 155.89 | -2.60 | SCCO ahead |
| 2026-01-09 | 124.13 | 151.04 | -2.53 | SCCO ahead |
| 2026-01-08 | 128.81 | 142.21 | -1.53 | SCCO ahead |
| 2026-01-07 | 129.87 | 140.03 | -1.29 | SCCO ahead |
| 2026-01-06 | 130.40 | 141.79 | -1.39 | SCCO ahead |
| 2026-01-05 | 127.31 | 136.75 | -1.27 | SCCO ahead |
| 2026-01-02 | 124.59 | 131.70 | -1.11 | SCCO ahead |
| 2025-12-31 | 122.44 | 127.08 | -0.92 | SCCO ahead |
| 2025-12-30 | 123.19 | 128.86 | -1.01 | SCCO ahead |
| 2025-12-29 | 123.01 | 128.70 | -1.02 | SCCO ahead |
| 2025-12-26 | 125.83 | 132.44 | -1.09 | SCCO ahead |
| 2025-12-24 | 123.76 | 131.20 | -1.18 | SCCO ahead |
| 2025-12-23 | 123.88 | 131.11 | -1.17 | SCCO ahead |
| 2025-12-22 | 122.55 | 130.36 | -1.23 | SCCO ahead |
| 2025-12-19 | 119.83 | 127.55 | -1.25 | SCCO ahead |
| 2025-12-18 | 118.77 | 126.02 | -1.22 | SCCO ahead |
| 2025-12-17 | 118.10 | 125.29 | -1.23 | SCCO ahead |
| 2025-12-16 | 116.26 | 124.24 | -1.32 | SCCO ahead |
| 2025-12-15 | 116.00 | 127.42 | -1.64 | SCCO ahead |
| 2025-12-12 | 115.76 | 126.14 | -1.56 | SCCO ahead |
| 2025-12-11 | 117.41 | 130.76 | -1.83 | SCCO ahead |
| 2025-12-10 | 116.65 | 127.53 | -1.64 | SCCO ahead |
| 2025-12-09 | 113.83 | 124.36 | -1.64 | SCCO ahead |
| 2025-12-08 | 111.72 | 124.92 | -1.93 | SCCO ahead |
| 2025-12-05 | 111.78 | 124.37 | -1.89 | SCCO ahead |
| 2025-12-04 | 112.81 | 123.96 | -1.77 | SCCO ahead |
| 2025-12-03 | 113.65 | 122.75 | -1.59 | SCCO ahead |
| 2025-12-02 | 110.68 | 119.49 | -1.60 | SCCO ahead |
| 2025-12-01 | 110.11 | 119.36 | -1.66 | SCCO ahead |
| 2025-11-28 | 110.08 | 119.38 | -1.68 | SCCO ahead |
| 2025-11-26 | 110.47 | 117.83 | -1.50 | SCCO ahead |
| 2025-11-25 | 108.74 | 114.37 | -1.34 | SCCO ahead |
| 2025-11-24 | 107.82 | 112.31 | -1.24 | SCCO ahead |
| 2025-11-21 | 107.08 | 109.56 | -1.03 | SCCO ahead |
| 2025-11-20 | 105.23 | 106.31 | -0.88 | SCCO ahead |
| 2025-11-19 | 106.23 | 111.05 | -1.30 | SCCO ahead |
| 2025-11-18 | 106.70 | 109.96 | -1.13 | SCCO ahead |
| 2025-11-17 | 107.85 | 112.53 | -1.29 | SCCO ahead |
| 2025-11-14 | 108.06 | 115.76 | -1.62 | SCCO ahead |
| 2025-11-13 | 108.69 | 116.94 | -1.69 | SCCO ahead |
| 2025-11-12 | 108.80 | 121.15 | -2.13 | SCCO ahead |
| 2025-11-11 | 107.59 | 122.69 | -2.45 | SCCO ahead |
| 2025-11-10 | 107.54 | 123.55 | -2.59 | SCCO ahead |
| 2025-11-07 | 106.07 | 121.00 | -2.53 | SCCO ahead |
| 2025-11-06 | 105.98 | 121.56 | -2.64 | SCCO ahead |
| 2025-11-05 | 105.66 | 120.39 | -2.59 | SCCO ahead |
| 2025-11-04 | 103.87 | 115.85 | -2.35 | SCCO ahead |
| 2025-11-03 | 107.67 | 122.49 | -2.65 | SCCO ahead |
| 2025-10-31 | 109.76 | 122.94 | -2.47 | SCCO ahead |
| 2025-10-30 | 110.47 | 124.10 | -2.55 | SCCO ahead |
| 2025-10-29 | 111.05 | 125.49 | -2.66 | SCCO ahead |
| 2025-10-28 | 110.14 | 122.55 | -2.47 | SCCO ahead |
| 2025-10-27 | 108.52 | 117.79 | -2.15 | SCCO ahead |
| 2025-10-24 | 107.93 | 114.56 | -1.85 | SCCO ahead |
| 2025-10-23 | 108.05 | 113.70 | -1.73 | SCCO ahead |
| 2025-10-22 | 106.73 | 112.42 | -1.76 | SCCO ahead |
| 2025-10-21 | 104.56 | 113.66 | -2.22 | SCCO ahead |
| 2025-10-20 | 105.94 | 119.52 | -2.79 | SCCO ahead |
| 2025-10-17 | 104.07 | 114.98 | -2.53 | SCCO ahead |
| 2025-10-16 | 105.19 | 118.04 | -2.80 | SCCO ahead |
| 2025-10-15 | 105.35 | 116.83 | -2.66 | SCCO ahead |
| 2025-10-14 | 104.38 | 115.81 | -2.70 | SCCO ahead |
| 2025-10-13 | 104.28 | 117.98 | -3.05 | SCCO ahead |
| 2025-10-10 | 100.12 | 110.81 | -2.76 | SCCO ahead |
| 2025-10-09 | 102.51 | 115.65 | -3.12 | SCCO ahead |
| 2025-10-08 | 103.58 | 117.39 | -3.26 | SCCO ahead |
| 2025-10-07 | 101.36 | 112.25 | -2.94 | SCCO ahead |
| 2025-10-06 | 102.48 | 115.13 | -3.25 | SCCO ahead |
| 2025-10-03 | 101.15 | 113.63 | -3.33 | SCCO ahead |
| 2025-10-02 | 101.38 | 111.00 | -2.96 | SCCO ahead |
| 2025-10-01 | 101.42 | 108.63 | -2.61 | SCCO ahead |
| 2025-09-30 | 100.99 | 107.49 | -2.53 | SCCO ahead |
| 2025-09-29 | 100.86 | 107.25 | -2.56 | SCCO ahead |
| 2025-09-26 | 99.14 | 103.63 | -2.27 | SCCO ahead |
| 2025-09-25 | 100.11 | 104.48 | -2.27 | SCCO ahead |
| 2025-09-24 | 97.72 | 105.85 | -3.01 | SCCO ahead |
| 2025-09-23 | 97.26 | 97.66 | -1.62 | SCCO ahead |
| 2025-09-22 | 97.38 | 98.71 | -1.81 | SCCO ahead |
| 2025-09-19 | 95.44 | 97.42 | -1.97 | SCCO ahead |
| 2025-09-18 | 94.83 | 95.00 | -1.63 | SCCO ahead |
| 2025-09-17 | 96.37 | 94.67 | -1.27 | SCCO ahead |
| 2025-09-16 | 97.06 | 96.06 | -1.42 | SCCO ahead |
| 2025-09-15 | 97.49 | 97.38 | -1.61 | SCCO ahead |
| 2025-09-12 | 95.53 | 94.05 | -1.34 | SCCO ahead |
| 2025-09-11 | 95.69 | 93.05 | -1.11 | SCCO ahead |
| 2025-09-10 | 95.01 | 90.43 | -0.70 | SCCO ahead |
| 2025-09-09 | 94.66 | 88.49 | -0.35 | near the usual relationship |
| 2025-09-08 | 97.49 | 91.58 | -0.45 | near the usual relationship |
| 2025-09-05 | 97.87 | 91.21 | -0.30 | near the usual relationship |
| 2025-09-04 | 95.56 | 89.30 | -0.35 | near the usual relationship |
| 2025-09-03 | 95.59 | 89.40 | -0.36 | near the usual relationship |
| 2025-09-02 | 94.69 | 86.14 | +0.17 | near the usual relationship |
| 2025-08-29 | 95.96 | 85.11 | +0.67 | RIO ahead |
| 2025-08-28 | 96.21 | 85.67 | +0.60 | RIO ahead |
| 2025-08-27 | 95.03 | 85.22 | +0.47 | near the usual relationship |
| 2025-08-26 | 94.78 | 86.61 | +0.10 | near the usual relationship |
| 2025-08-25 | 95.36 | 85.93 | +0.38 | near the usual relationship |
| 2025-08-22 | 95.91 | 86.40 | +0.39 | near the usual relationship |
| 2025-08-21 | 93.79 | 83.02 | +0.73 | RIO ahead |
| 2025-08-20 | 92.75 | 82.99 | +0.53 | RIO ahead |
| 2025-08-19 | 92.70 | 83.48 | +0.41 | near the usual relationship |
| 2025-08-18 | 92.35 | 84.92 | +0.01 | near the usual relationship |
| 2025-08-15 | 93.70 | 84.92 | +0.29 | near the usual relationship |
| 2025-08-14 | 95.65 | 86.47 | +0.34 | near the usual relationship |
| 2025-08-13 | 97.26 | 88.13 | +0.30 | near the usual relationship |
| 2025-08-12 | 96.54 | 87.02 | +0.40 | near the usual relationship |
| 2025-08-11 | 95.07 | 85.14 | +0.53 | RIO ahead |
| 2025-08-08 | 94.65 | 88.66 | -0.34 | near the usual relationship |
| 2025-08-07 | 92.98 | 86.37 | -0.18 | near the usual relationship |
| 2025-08-06 | 91.94 | 84.21 | +0.09 | near the usual relationship |
| 2025-08-05 | 91.34 | 83.73 | +0.07 | near the usual relationship |
| 2025-08-04 | 91.80 | 82.42 | +0.48 | near the usual relationship |
| 2025-08-01 | 91.26 | 81.19 | +0.66 | RIO ahead |
| 2025-07-31 | 91.45 | 83.40 | +0.18 | near the usual relationship |
| 2025-07-30 | 91.02 | 80.19 | +0.85 | RIO ahead |
| 2025-07-29 | 95.27 | 85.62 | +0.47 | near the usual relationship |
| 2025-07-28 | 95.15 | 86.01 | +0.36 | near the usual relationship |
| 2025-07-25 | 96.54 | 86.97 | +0.43 | near the usual relationship |
| 2025-07-24 | 97.66 | 88.11 | +0.41 | near the usual relationship |
| 2025-07-23 | 98.87 | 89.31 | +0.39 | near the usual relationship |
| 2025-07-22 | 98.42 | 87.82 | +0.63 | RIO ahead |
| 2025-07-21 | 94.94 | 86.85 | +0.15 | near the usual relationship |
| 2025-07-18 | 92.63 | 85.42 | +0.00 | near the usual relationship |
| 2025-07-17 | 91.85 | 85.48 | -0.17 | near the usual relationship |
| 2025-07-16 | 91.37 | 85.62 | -0.29 | near the usual relationship |
| 2025-07-15 | 89.46 | 86.40 | -0.87 | SCCO ahead |
| 2025-07-14 | 91.52 | 88.56 | -0.90 | SCCO ahead |
| 2025-07-11 | 93.48 | 90.00 | -0.80 | SCCO ahead |
| 2025-07-10 | 91.95 | 90.58 | -1.23 | SCCO ahead |
| 2025-07-09 | 89.83 | 88.50 | -1.23 | SCCO ahead |
| 2025-07-08 | 89.86 | 91.23 | -1.80 | SCCO ahead |
| 2025-07-07 | 88.22 | 92.57 | -2.46 | SCCO ahead |
| 2025-07-03 | 90.30 | 93.76 | -2.29 | SCCO ahead |
| 2025-07-02 | 92.07 | 93.97 | -1.97 | SCCO ahead |
| 2025-07-01 | 89.20 | 90.43 | -1.86 | SCCO ahead |
| 2025-06-30 | 89.24 | 89.61 | -1.69 | SCCO ahead |
| 2025-06-27 | 89.87 | 90.80 | -1.82 | SCCO ahead |
| 2025-06-26 | 89.63 | 92.68 | -2.31 | SCCO ahead |
| 2025-06-25 | 86.77 | 85.99 | -1.47 | SCCO ahead |
| 2025-06-24 | 87.50 | 85.84 | -1.27 | SCCO ahead |
| 2025-06-23 | 87.35 | 83.84 | -0.84 | SCCO ahead |
| 2025-06-20 | 85.51 | 82.78 | -1.01 | SCCO ahead |
| 2025-06-18 | 87.12 | 84.37 | -1.03 | SCCO ahead |
| 2025-06-17 | 87.22 | 84.44 | -1.03 | SCCO ahead |
| 2025-06-16 | 89.21 | 85.43 | -0.81 | SCCO ahead |
| 2025-06-13 | 88.74 | 83.93 | -0.56 | SCCO ahead |
| 2025-06-12 | 89.78 | 84.98 | -0.58 | SCCO ahead |
| 2025-06-11 | 90.01 | 85.08 | -0.55 | SCCO ahead |
| 2025-06-10 | 90.99 | 86.47 | -0.66 | SCCO ahead |
| 2025-06-09 | 90.74 | 85.85 | -0.57 | SCCO ahead |
| 2025-06-06 | 90.32 | 84.71 | -0.39 | near the usual relationship |
| 2025-06-05 | 90.64 | 85.09 | -0.41 | near the usual relationship |
| 2025-06-04 | 89.58 | 83.03 | -0.15 | near the usual relationship |
| 2025-06-03 | 90.04 | 81.93 | +0.23 | near the usual relationship |
| 2025-06-02 | 91.16 | 81.89 | +0.50 | RIO ahead |
| 2025-05-30 | 90.93 | 80.52 | +0.79 | RIO ahead |
| 2025-05-29 | 92.11 | 81.83 | +0.73 | RIO ahead |
| 2025-05-28 | 91.72 | 81.26 | +0.79 | RIO ahead |
| 2025-05-27 | 93.02 | 82.52 | +0.77 | RIO ahead |
| 2025-05-23 | 94.22 | 81.79 | +1.21 | RIO ahead |
| 2025-05-22 | 93.51 | 80.09 | +1.49 | RIO ahead |
| 2025-05-21 | 94.83 | 80.54 | +1.67 | RIO ahead |
| 2025-05-20 | 95.23 | 81.20 | +1.61 | RIO ahead |
| 2025-05-19 | 95.46 | 81.16 | +1.68 | RIO ahead |
| 2025-05-16 | 95.84 | 80.42 | +1.95 | RIO ahead |
| 2025-05-15 | 96.01 | 81.67 | +1.69 | RIO ahead |
| 2025-05-14 | 94.91 | 82.73 | +1.22 | RIO ahead |
| 2025-05-13 | 95.27 | 82.63 | +1.33 | RIO ahead |
| 2025-05-12 | 93.96 | 81.72 | +1.28 | RIO ahead |
| 2025-05-09 | 91.77 | 79.17 | +1.46 | RIO ahead |
| 2025-05-08 | 90.54 | 78.02 | +1.50 | RIO ahead |
| 2025-05-07 | 91.83 | 77.47 | +1.95 | RIO ahead |
| 2025-05-06 | 91.49 | 80.18 | +1.18 | RIO ahead |
| 2025-05-05 | 91.14 | 78.43 | +1.57 | RIO ahead |
| 2025-05-02 | 91.34 | 79.84 | +1.26 | RIO ahead |
| 2025-05-01 | 89.58 | 79.57 | +0.94 | RIO ahead |
| 2025-04-30 | 90.88 | 79.29 | +1.32 | RIO ahead |
| 2025-04-29 | 93.15 | 82.26 | +1.08 | RIO ahead |
| 2025-04-28 | 93.13 | 83.10 | +0.87 | RIO ahead |
| 2025-04-25 | 92.66 | 83.51 | +0.67 | RIO ahead |
| 2025-04-24 | 94.38 | 84.88 | +0.72 | RIO ahead |
| 2025-04-23 | 92.11 | 81.71 | +1.00 | RIO ahead |
| 2025-04-22 | 91.22 | 78.93 | +1.53 | RIO ahead |
| 2025-04-21 | 89.46 | 76.74 | +1.72 | RIO ahead |
| 2025-04-17 | 89.00 | 76.40 | +1.72 | RIO ahead |
| 2025-04-16 | 87.45 | 76.34 | +1.39 | RIO ahead |
| 2025-04-15 | 87.61 | 76.91 | +1.28 | RIO ahead |
| 2025-04-14 | 87.22 | 77.65 | +1.00 | RIO ahead |
| 2025-04-11 | 87.00 | 74.96 | +1.69 | RIO ahead |
| 2025-04-10 | 83.95 | 72.49 | +1.66 | RIO ahead |
| 2025-04-09 | 85.08 | 74.77 | +1.31 | RIO ahead |
| 2025-04-08 | 80.05 | 66.99 | +2.35 | RIO ahead |
| 2025-04-07 | 83.48 | 70.33 | +2.24 | RIO ahead |
| 2025-04-04 | 83.64 | 69.43 | +2.60 | RIO ahead |
| 2025-04-03 | 89.40 | 76.82 | +1.88 | RIO ahead |
| 2025-04-02 | 91.65 | 83.58 | +0.61 | RIO ahead |
| 2025-04-01 | 92.15 | 83.15 | +0.85 | RIO ahead |
| 2025-03-31 | 91.92 | 82.78 | +0.89 | RIO ahead |
| 2025-03-28 | 93.38 | 83.38 | +1.08 | RIO ahead |
| 2025-03-27 | 95.38 | 85.78 | +0.94 | RIO ahead |
| 2025-03-26 | 96.19 | 86.54 | +0.93 | RIO ahead |
| 2025-03-25 | 96.10 | 89.88 | +0.09 | near the usual relationship |
| 2025-03-24 | 95.12 | 88.26 | +0.27 | near the usual relationship |
| 2025-03-21 | 94.84 | 88.94 | +0.04 | near the usual relationship |
| 2025-03-20 | 96.27 | 87.88 | +0.62 | RIO ahead |
| 2025-03-19 | 97.71 | 88.17 | +0.87 | RIO ahead |
| 2025-03-18 | 98.13 | 87.51 | +1.13 | RIO ahead |
| 2025-03-17 | 97.11 | 86.70 | +1.10 | RIO ahead |
| 2025-03-14 | 96.45 | 85.15 | +1.31 | RIO ahead |
| 2025-03-13 | 93.64 | 81.85 | +1.48 | RIO ahead |
| 2025-03-12 | 92.99 | 80.02 | +1.77 | RIO ahead |
| 2025-03-11 | 94.63 | 78.71 | +2.40 | RIO ahead |
| 2025-03-10 | 95.18 | 78.35 | +2.49 | RIO ahead |
| 2025-03-07 | 95.33 | 80.57 | +1.89 | RIO ahead |
| 2025-03-06 | 97.83 | 80.44 | +2.31 | RIO ahead |
| 2025-03-05 | 97.54 | 80.15 | +2.23 | RIO ahead |
| 2025-03-04 | 95.15 | 76.10 | +2.62 | RIO ahead |
| 2025-03-03 | 93.41 | 76.80 | +2.07 | RIO ahead |
| 2025-02-28 | 92.66 | 78.77 | +1.48 | RIO ahead |
| 2025-02-27 | 92.89 | 80.15 | +1.19 | RIO ahead |
| 2025-02-26 | 94.22 | 82.60 | +0.91 | RIO ahead |
| 2025-02-25 | 95.03 | 82.39 | +1.04 | RIO ahead |
| 2025-02-24 | 95.99 | 82.29 | +1.17 | RIO ahead |
| 2025-02-21 | 97.20 | 82.29 | +1.30 | RIO ahead |
| 2025-02-20 | 98.36 | 86.64 | +0.72 | RIO ahead |
| 2025-02-19 | 96.02 | 85.37 | +0.57 | RIO ahead |
| 2025-02-18 | 98.19 | 86.30 | +0.69 | RIO ahead |
| 2025-02-14 | 96.94 | 86.16 | +0.52 | RIO ahead |
| 2025-02-13 | 96.83 | 86.66 | +0.41 | near the usual relationship |
| 2025-02-12 | 94.92 | 83.49 | +0.59 | RIO ahead |
| 2025-02-11 | 94.32 | 81.57 | +0.75 | RIO ahead |
| 2025-02-10 | 95.24 | 85.95 | +0.25 | near the usual relationship |
| 2025-02-07 | 94.78 | 85.67 | +0.22 | near the usual relationship |
| 2025-02-06 | 95.15 | 83.80 | +0.48 | near the usual relationship |
| 2025-02-05 | 93.90 | 82.75 | +0.45 | near the usual relationship |
| 2025-02-04 | 93.64 | 82.60 | +0.42 | near the usual relationship |
| 2025-02-03 | 91.57 | 79.65 | +0.55 | RIO ahead |
| 2025-01-31 | 92.43 | 81.15 | +0.44 | near the usual relationship |
| 2025-01-30 | 93.19 | 82.06 | +0.39 | near the usual relationship |
| 2025-01-29 | 91.37 | 80.93 | +0.32 | near the usual relationship |
| 2025-01-28 | 91.65 | 80.18 | +0.42 | near the usual relationship |
| 2025-01-27 | 94.81 | 83.38 | +0.36 | near the usual relationship |
| 2025-01-24 | 95.00 | 85.47 | +0.13 | near the usual relationship |
| 2025-01-23 | 94.19 | 86.08 | -0.02 | near the usual relationship |
| 2025-01-22 | 93.51 | 85.34 | -0.02 | near the usual relationship |
| 2025-01-21 | 94.45 | 87.40 | -0.15 | near the usual relationship |
| 2025-01-17 | 93.48 | 86.91 | -0.20 | near the usual relationship |
| 2025-01-16 | 91.48 | 86.29 | -0.33 | near the usual relationship |
| 2025-01-15 | 92.50 | 85.91 | -0.21 | near the usual relationship |
| 2025-01-14 | 92.38 | 84.45 | -0.08 | near the usual relationship |
| 2025-01-13 | 91.06 | 83.92 | -0.16 | near the usual relationship |
| 2025-01-10 | 90.02 | 83.80 | -0.25 | near the usual relationship |
| 2025-01-08 | 89.70 | 84.68 | -0.37 | near the usual relationship |
| 2025-01-07 | 89.03 | 83.06 | -0.28 | near the usual relationship |
| 2025-01-06 | 89.32 | 82.87 | -0.25 | near the usual relationship |
| 2025-01-03 | 89.66 | 81.50 | -0.10 | near the usual relationship |
| 2025-01-02 | 89.92 | 81.63 | -0.09 | near the usual relationship |
| 2024-12-31 | 89.98 | 80.72 | -0.01 | near the usual relationship |
| 2024-12-30 | 89.64 | 81.00 | -0.08 | near the usual relationship |
| 2024-12-27 | 90.28 | 82.56 | -0.17 | near the usual relationship |
| 2024-12-26 | 90.65 | 83.79 | -0.26 | near the usual relationship |
| 2024-12-24 | 90.58 | 83.64 | -0.26 | near the usual relationship |
| 2024-12-23 | 90.62 | 82.88 | -0.20 | near the usual relationship |
| 2024-12-20 | 89.72 | 82.38 | -0.23 | near the usual relationship |
| 2024-12-19 | 89.86 | 81.47 | -0.15 | near the usual relationship |
| 2024-12-18 | 90.79 | 82.34 | -0.16 | near the usual relationship |
| 2024-12-17 | 94.03 | 85.69 | -0.20 | near the usual relationship |
| 2024-12-16 | 93.73 | 86.26 | -0.28 | near the usual relationship |
| 2024-12-13 | 95.18 | 88.57 | -0.36 | near the usual relationship |
| 2024-12-12 | 97.08 | 89.93 | -0.34 | near the usual relationship |
| 2024-12-11 | 99.42 | 91.68 | -0.31 | near the usual relationship |
| 2024-12-10 | 99.17 | 90.81 | -0.27 | near the usual relationship |
| 2024-12-09 | 99.28 | 93.48 | -0.46 | near the usual relationship |
| 2024-12-06 | 95.03 | 88.57 | -0.40 | near the usual relationship |
| 2024-12-05 | 97.18 | 89.57 | -0.34 | near the usual relationship |
| 2024-12-04 | 96.99 | 89.65 | -0.36 | near the usual relationship |
| 2024-12-03 | 97.17 | 89.75 | -0.37 | near the usual relationship |
| 2024-12-02 | 96.80 | 88.62 | -0.32 | near the usual relationship |
| 2024-11-29 | 96.14 | 88.88 | -0.38 | near the usual relationship |
| 2024-11-27 | 95.35 | 88.32 | -0.40 | near the usual relationship |
| 2024-11-26 | 94.91 | 87.28 | -0.37 | near the usual relationship |
| 2024-11-25 | 96.36 | 90.35 | -0.49 | near the usual relationship |
| 2024-11-22 | 95.39 | 88.34 | -0.42 | near the usual relationship |
| 2024-11-21 | 95.73 | 89.18 | -0.46 | near the usual relationship |
| 2024-11-20 | 95.46 | 91.23 | -0.62 | SCCO ahead |
| 2024-11-19 | 95.52 | 91.92 | -0.66 | SCCO ahead |
| 2024-11-18 | 95.04 | 90.19 | -0.59 | SCCO ahead |
| 2024-11-15 | 93.30 | 87.90 | -0.55 | SCCO ahead |
| 2024-11-14 | 92.46 | 88.81 | -0.67 | SCCO ahead |
| 2024-11-13 | 92.75 | 89.45 | -0.70 | SCCO ahead |
| 2024-11-12 | 93.64 | 90.97 | -0.75 | SCCO ahead |
| 2024-11-11 | 95.78 | 92.79 | -0.74 | SCCO ahead |
| 2024-11-08 | 98.58 | 94.87 | -0.71 | SCCO ahead |
| 2024-11-07 | 103.23 | 100.54 | -0.78 | SCCO ahead |
| 2024-11-06 | 99.95 | 96.99 | -0.77 | SCCO ahead |
| 2024-11-05 | 100.21 | 100.99 | -0.98 | SCCO ahead |
| 2024-11-04 | 99.46 | 98.59 | -0.90 | SCCO ahead |
| 2024-11-01 | 99.95 | 97.52 | -0.82 | SCCO ahead |
| 2024-10-31 | 99.28 | 97.03 | -0.83 | SCCO ahead |
| 2024-10-30 | 100.83 | 99.07 | -0.87 | SCCO ahead |
| 2024-10-29 | 101.87 | 101.34 | -0.94 | SCCO ahead |
| 2024-10-28 | 101.25 | 101.69 | -1.00 | SCCO ahead |
| 2024-10-25 | 99.88 | 102.22 | -1.11 | SCCO ahead |
| 2024-10-24 | 98.85 | 101.44 | -1.14 | SCCO ahead |
| 2024-10-23 | 98.67 | 100.82 | -1.12 | SCCO ahead |
| 2024-10-22 | 100.18 | 101.48 | -1.08 | SCCO ahead |
| 2024-10-21 | 99.37 | 99.55 | -1.03 | SCCO ahead |
| 2024-10-18 | 100.00 | 100.00 | -1.03 | SCCO ahead |
One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Sep 24, 2025 (RIO +0.5%, SCCO +8.4%); Jan 9, 2026 (RIO -3.6%, SCCO +6.2%); Feb 4, 2026 (RIO +0.1%, SCCO -9.0%). Upcoming earnings: SCCO Oct 27, 2026 (not-supplied).
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: -2.84% per trade on average after costs, 1 won.
| Legs | Entered | Exited | Why | Days | Before costs | Costs + borrow | After costs |
|---|---|---|---|---|---|---|---|
| Long SCCO · Short RIO | Mar 4, 2025 | Mar 24, 2025 | converged | 20 | $1,612.59 | -$48.79 | $1,575.01 (+15.75%) |
| Long RIO · Short SCCO | Aug 27, 2020 | Oct 26, 2020 | divergence stop | 60 | -$1,298.73 | -$73.04 | -$1,445.55 (-14.46%) |
| Long RIO · Short SCCO | Feb 27, 2018 | Mar 2, 2018 | divergence stop | 3 | -$915.31 | -$62.84 | -$981.84 (-9.82%) |
Per $10,000 a leg. A replay on today's companies cannot prove an edge.
RIO and SCCO at a glance
RIO Rio Tinto Plc
- Listing
- NYSE · SEC CIK 863064
- Industry
- Metal Mining · SIC 1000 Metal Mining
- Market value
- $112.4B
- Price history
- 2,521 daily closes, Oct 12, 2016 to Oct 22, 2026
SCCO Southern Copper Corporation
- Listing
- NYSE · SEC CIK 1001838
- Industry
- Metal Mining · SIC 1000 Metal Mining
- Market value
- $168.4B
- 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 RIO and SCCO
| Pair | Status | Ahead now | Industry |
|---|---|---|---|
| RIO / FCX | Watchlist | FCX by 1.87 sd | Metal Mining |
| BHP / RIO | Watchlist | BHP by 1.61 sd | SIC 1000 Metal Mining |
| SCCO / FCX | Watchlist | FCX by 0.62 sd | Metal Mining |
| BHP / SCCO | Watchlist | neither | SIC 1000 Metal Mining |
Follow the research behind the paper book
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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.
