Telecommunications Equipment

AT&T Inc. vs Verizon Communications Inc.

WatchlistT / VZPrices through Oct 22, 2026

Why these are rivals: #1 and #3 by market value ($183B vs $159B) in Nasdaq's "Telecommunications Equipment" industry; SEC SIC 4813 / 4813 (same major group); #1 and #2 by market value ($183B vs $159B) with SEC SIC 4813 (Telephone Communications (No Radiotelephone)).

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: -1.56 (needs <= -2.873 (5% critical value))
Business leadership

VZ is the larger business

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

YearTVZLarger
2025$125.6B$138.2BVZ
2024$122.3B$134.8BVZ
2023$122.4B$134.0BVZ
2022$120.7B$136.8BVZ
2021$134.0B$133.6BT
2020$143.1B$128.3BT

Revenue lead switched: 2022 to VZ. Market value: T $159.0B, VZ $183.4B.

Stock leadership

VZ is ahead now

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

VZ leads T by 1.16 standard deviations: +9.9% over its usual price ratio. 1 lead switch in the last year.

Price change3 mo6 mo12 mo
T-5.8%-14.5%-12.7%
VZ-2.5%-4.3%+12.2%
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: 0.80 (needs >= 0.60)
Fail
Mean reversion: ADF t-statistic of the spread: -1.56 (needs <= -2.873 (5% critical value))
Pass
Speed: half-life of the spread, sessions: 48.35 (needs <= 63)
Data
Both stocks current
The twins over two years

Prices side by side, and the gap between them

T AT&T Inc. VZ Verizon Communications Inc.Price index, 100 = 2024-10-18. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
100120Oct 2024Oct 2025Oct 2026
Spread z-score: T relative to VZ, against the 252 sessions before each day. Above 0: T ahead; below 0: VZ ahead. Lines at +/-2 (idea) and +/-4 (stop).
-4stop-2idea0+2idea+4stopOct 2024Oct 2025Oct 2026
Data table (504 sessions)
DateT indexVZ indexzAhead
2026-10-22104.07102.75-1.16VZ ahead
2026-10-21100.2799.02-1.17VZ ahead
2026-10-20107.19101.25-0.63VZ ahead
2026-10-19106.18100.36-0.65VZ ahead
2026-10-16107.28101.82-0.70VZ ahead
2026-10-15107.55100.93-0.57VZ ahead
2026-10-14105.49100.98-0.81VZ ahead
2026-10-13104.5898.95-0.68VZ ahead
2026-10-12102.9397.25-0.67VZ ahead
2026-10-09101.5194.68-0.53VZ ahead
2026-10-08113.82105.36-0.44near the usual relationship
2026-10-07111.99104.05-0.49near the usual relationship
2026-10-06111.81104.52-0.57VZ ahead
2026-10-05110.94104.23-0.63VZ ahead
2026-10-02111.21104.39-0.63VZ ahead
2026-10-01111.21104.52-0.65VZ ahead
2026-09-30111.67104.27-0.58VZ ahead
2026-09-29112.04104.52-0.58VZ ahead
2026-09-28113.96106.12-0.56VZ ahead
2026-09-25116.16107.02-0.45near the usual relationship
2026-09-24116.48107.57-0.48near the usual relationship
2026-09-23115.79105.75-0.36near the usual relationship
2026-09-22114.87105.59-0.44near the usual relationship
2026-09-21116.48108.39-0.58VZ ahead
2026-09-18116.25109.32-0.70VZ ahead
2026-09-17116.20109.87-0.77VZ ahead
2026-09-16118.35113.12-0.89VZ ahead
2026-09-15122.29116.96-0.90VZ ahead
2026-09-14121.33116.59-0.96VZ ahead
2026-09-11119.27115.05-1.01VZ ahead
2026-09-10116.93113.59-1.09VZ ahead
2026-09-09115.10113.07-1.22VZ ahead
2026-09-08117.16114.59-1.18VZ ahead
2026-09-04117.53113.98-1.10VZ ahead
2026-09-03119.86115.00-0.99VZ ahead
2026-09-02118.76114.16-1.02VZ ahead
2026-09-01118.99114.34-1.02VZ ahead
2026-08-31118.49113.71-1.01VZ ahead
2026-08-28119.04113.89-0.99VZ ahead
2026-08-27116.38112.37-1.09VZ ahead
2026-08-26118.40114.09-1.08VZ ahead
2026-08-25117.94114.23-1.14VZ ahead
2026-08-24117.57114.00-1.16VZ ahead
2026-08-21115.74112.41-1.19VZ ahead
2026-08-20115.10111.82-1.20VZ ahead
2026-08-19114.97112.21-1.26VZ ahead
2026-08-18113.96110.34-1.19VZ ahead
2026-08-17112.95109.25-1.18VZ ahead
2026-08-14113.91110.21-1.20VZ ahead
2026-08-13112.49109.62-1.28VZ ahead
2026-08-12110.98106.80-1.16VZ ahead
2026-08-11112.13107.46-1.13VZ ahead
2026-08-10110.07106.91-1.27VZ ahead
2026-08-07108.88106.98-1.40VZ ahead
2026-08-06108.51106.82-1.44VZ ahead
2026-08-05105.54105.64-1.62VZ ahead
2026-08-04107.00106.57-1.59VZ ahead
2026-08-03107.96107.66-1.61VZ ahead
2026-07-31106.41106.41-1.66VZ ahead
2026-07-30106.22104.82-1.53VZ ahead
2026-07-29109.57107.34-1.47VZ ahead
2026-07-28112.86109.55-1.39VZ ahead
2026-07-27111.76107.57-1.31VZ ahead
2026-07-24110.43105.43-1.24VZ ahead
2026-07-23105.0899.61-1.17VZ ahead
2026-07-22105.45100.68-1.26VZ ahead
2026-07-21101.8899.52-1.51VZ ahead
2026-07-20100.4698.89-1.60VZ ahead
2026-07-1799.8299.09-1.71VZ ahead
2026-07-16100.5999.75-1.71VZ ahead
2026-07-1598.0897.36-1.74VZ ahead
2026-07-1497.3996.54-1.75VZ ahead
2026-07-1398.6397.02-1.68VZ ahead
2026-07-1096.7095.75-1.77VZ ahead
2026-07-0996.2996.02-1.86VZ ahead
2026-07-0896.6696.50-1.90VZ ahead
2026-07-0796.5296.82-1.97VZ ahead
2026-07-0694.1995.64-2.13VZ ahead
2026-07-0294.1996.75-2.29VZ ahead
2026-07-0193.7395.45-2.22VZ ahead
2026-06-3094.7496.25-2.22VZ ahead
2026-06-2999.86100.25-2.11VZ ahead
2026-06-26103.98105.80-2.30VZ ahead
2026-06-25102.61104.73-2.37VZ ahead
2026-06-24102.38103.84-2.33VZ ahead
2026-06-23104.39106.23-2.40VZ ahead
2026-06-22101.14103.11-2.46VZ ahead
2026-06-18100.73103.14-2.55VZ ahead
2026-06-17102.70104.21-2.48VZ ahead
2026-06-16106.00106.23-2.36VZ ahead
2026-06-15106.59107.00-2.42VZ ahead
2026-06-12107.92109.37-2.58VZ ahead
2026-06-11105.26106.71-2.63VZ ahead
2026-06-10106.22106.73-2.56VZ ahead
2026-06-09103.94104.07-2.56VZ ahead
2026-06-08102.97103.30-2.63VZ ahead
2026-06-05104.12103.14-2.51VZ ahead
2026-06-04104.21102.00-2.39VZ ahead
2026-06-03107.78106.05-2.50VZ ahead
2026-06-02112.77108.82-2.27VZ ahead
2026-06-01112.36108.50-2.31VZ ahead
2026-05-29113.50108.68-2.23VZ ahead
2026-05-28113.87109.14-2.27VZ ahead
2026-05-27113.91109.66-2.37VZ ahead
2026-05-26114.51110.23-2.41VZ ahead
2026-05-22115.61109.91-2.26VZ ahead
2026-05-21115.97109.73-2.22VZ ahead
2026-05-20114.10108.71-2.36VZ ahead
2026-05-19114.32108.52-2.34VZ ahead
2026-05-18111.81106.30-2.40VZ ahead
2026-05-15109.98105.41-2.57VZ ahead
2026-05-14112.81106.98-2.44VZ ahead
2026-05-13113.23107.32-2.48VZ ahead
2026-05-12115.47108.96-2.45VZ ahead
2026-05-11113.82107.37-2.48VZ ahead
2026-05-08115.15107.34-2.33VZ ahead
2026-05-07115.61107.05-2.25VZ ahead
2026-05-06117.03107.84-2.20VZ ahead
2026-05-05118.54107.62-1.98VZ ahead
2026-05-04119.45108.14-1.96VZ ahead
2026-05-01119.54109.37-2.16VZ ahead
2026-04-30119.59109.18-2.16VZ ahead
2026-04-29117.85105.96-1.92VZ ahead
2026-04-28119.27107.39-1.97VZ ahead
2026-04-27116.80107.07-2.31VZ ahead
2026-04-24119.91105.43-1.61VZ ahead
2026-04-23121.78107.34-1.67VZ ahead
2026-04-22118.90104.52-1.63VZ ahead
2026-04-21118.44105.18-1.83VZ ahead
2026-04-20119.82105.57-1.71VZ ahead
2026-04-17121.33105.82-1.54VZ ahead
2026-04-16120.82106.34-1.72VZ ahead
2026-04-15116.52102.36-1.70VZ ahead
2026-04-14117.25103.39-1.78VZ ahead
2026-04-13117.21103.25-1.79VZ ahead
2026-04-10121.10104.66-1.45VZ ahead
2026-04-09122.84108.62-1.89VZ ahead
2026-04-08125.17109.21-1.66VZ ahead
2026-04-07128.33110.53-1.43VZ ahead
2026-04-06129.61111.73-1.46VZ ahead
2026-04-02129.66112.30-1.56VZ ahead
2026-04-01129.57112.28-1.58VZ ahead
2026-03-31132.68114.12-1.45VZ ahead
2026-03-30131.72114.34-1.65VZ ahead
2026-03-27133.18114.37-1.45VZ ahead
2026-03-26132.36115.34-1.75VZ ahead
2026-03-25131.85114.50-1.70VZ ahead
2026-03-24132.13115.73-1.88VZ ahead
2026-03-23131.62114.98-1.85VZ ahead
2026-03-20129.57113.62-1.94VZ ahead
2026-03-19126.96112.48-2.17VZ ahead
2026-03-18125.45112.73-2.49VZ ahead
2026-03-17127.46114.84-2.59VZ ahead
2026-03-16126.91115.87-2.91VZ ahead
2026-03-13126.86116.80-3.15VZ ahead
2026-03-12125.35115.09-3.15VZ ahead
2026-03-11124.30115.21-3.43VZ ahead
2026-03-10126.82115.28-3.05VZ ahead
2026-03-09126.00114.69-3.14VZ ahead
2026-03-06131.08116.21-2.59VZ ahead
2026-03-05132.59116.34-2.39VZ ahead
2026-03-04132.63116.39-2.42VZ ahead
2026-03-03131.21115.64-2.57VZ ahead
2026-03-02128.19113.62-2.75VZ ahead
2026-02-27128.19113.98-2.88VZ ahead
2026-02-26125.68111.14-2.80VZ ahead
2026-02-25127.55111.91-2.65VZ ahead
2026-02-24129.75113.34-2.58VZ ahead
2026-02-23130.53112.93-2.36VZ ahead
2026-02-20128.05111.96-2.68VZ ahead
2026-02-19127.60110.57-2.49VZ ahead
2026-02-18127.60109.23-2.20VZ ahead
2026-02-17131.26111.23-1.95VZ ahead
2026-02-13131.30111.41-2.00VZ ahead
2026-02-12131.81112.43-2.17VZ ahead
2026-02-11130.30111.32-2.25VZ ahead
2026-02-10125.45107.73-2.42VZ ahead
2026-02-09124.07106.89-2.54VZ ahead
2026-02-06124.16105.27-2.11VZ ahead
2026-02-05124.99107.07-2.43VZ ahead
2026-02-04124.58106.87-2.50VZ ahead
2026-02-03122.79105.14-2.47VZ ahead
2026-02-02120.37101.41-2.02VZ ahead
2026-01-30119.95101.20-2.07VZ ahead
2026-01-29115.0190.50-0.01near the usual relationship
2026-01-28110.1689.59-0.97VZ ahead
2026-01-27105.2689.38-2.22VZ ahead
2026-01-26107.3290.07-1.86VZ ahead
2026-01-23107.9689.84-1.59VZ ahead
2026-01-22107.9289.75-1.56VZ ahead
2026-01-21107.5589.20-1.47VZ ahead
2026-01-20107.3288.84-1.39VZ ahead
2026-01-16107.5188.45-1.20VZ ahead
2026-01-15108.6089.47-1.22VZ ahead
2026-01-14108.0590.54-1.66VZ ahead
2026-01-13106.6488.68-1.44VZ ahead
2026-01-12108.6590.57-1.48VZ ahead
2026-01-09109.7991.98-1.59VZ ahead
2026-01-08110.6292.23-1.45VZ ahead
2026-01-07109.7091.23-1.36VZ ahead
2026-01-06111.4091.61-1.06VZ ahead
2026-01-05113.0991.45-0.62VZ ahead
2026-01-02112.4092.11-0.93VZ ahead
2025-12-31113.6892.59-0.77VZ ahead
2025-12-30113.5592.52-0.77VZ ahead
2025-12-29113.3692.02-0.66VZ ahead
2025-12-26112.8192.02-0.77VZ ahead
2025-12-24112.8691.66-0.65VZ ahead
2025-12-23111.9590.75-0.59VZ ahead
2025-12-22111.2190.88-0.76VZ ahead
2025-12-19110.5390.52-0.79VZ ahead
2025-12-18111.0391.86-1.01VZ ahead
2025-12-17111.4992.93-1.16VZ ahead
2025-12-16110.1692.63-1.33VZ ahead
2025-12-15111.2692.75-1.12VZ ahead
2025-12-12112.4992.95-0.91VZ ahead
2025-12-11111.2191.43-0.78VZ ahead
2025-12-10111.6290.75-0.54VZ ahead
2025-12-09112.1791.25-0.54VZ ahead
2025-12-08113.6893.88-0.83VZ ahead
2025-12-05115.7094.77-0.65VZ ahead
2025-12-04116.2093.79-0.32near the usual relationship
2025-12-03115.8892.45-0.08near the usual relationship
2025-12-02116.8092.32+0.11near the usual relationship
2025-12-01118.0392.61+0.26near the usual relationship
2025-11-28119.0893.45+0.26near the usual relationship
2025-11-26118.1792.93+0.23near the usual relationship
2025-11-25118.3592.27+0.39near the usual relationship
2025-11-24117.2591.41+0.40near the usual relationship
2025-11-21118.6793.73+0.18near the usual relationship
2025-11-20116.8092.66+0.12near the usual relationship
2025-11-19115.6593.63-0.22near the usual relationship
2025-11-18117.1694.29-0.11near the usual relationship
2025-11-17116.5793.23+0.00near the usual relationship
2025-11-14117.1293.34+0.07near the usual relationship
2025-11-13117.8593.45+0.16near the usual relationship
2025-11-12117.3992.75+0.22near the usual relationship
2025-11-11115.2492.52-0.02near the usual relationship
2025-11-10113.6490.59+0.10near the usual relationship
2025-11-07113.6491.00+0.03near the usual relationship
2025-11-06113.2390.52+0.07near the usual relationship
2025-11-05112.4090.23+0.01near the usual relationship
2025-11-04111.8589.38+0.09near the usual relationship
2025-11-03112.2789.72+0.10near the usual relationship
2025-10-31113.2790.34+0.14near the usual relationship
2025-10-30112.9588.57+0.40near the usual relationship
2025-10-29115.0691.41+0.21near the usual relationship
2025-10-28117.6289.38+0.87T ahead
2025-10-27116.8489.18+0.81T ahead
2025-10-24115.0688.25+0.74T ahead
2025-10-23112.6887.29+0.60T ahead
2025-10-22116.9390.48+0.62T ahead
2025-10-21119.2291.61+0.72T ahead
2025-10-20119.4592.75+0.59T ahead
2025-10-17120.5592.18+0.79T ahead
2025-10-16119.9191.75+0.79T ahead
2025-10-15119.3191.79+0.72T ahead
2025-10-14119.5992.18+0.70T ahead
2025-10-13117.1290.36+0.69T ahead
2025-10-10118.4090.59+0.80T ahead
2025-10-09119.4592.82+0.62T ahead
2025-10-08120.1493.93+0.55T ahead
2025-10-07119.7394.11+0.49near the usual relationship
2025-10-06118.4094.20+0.35near the usual relationship
2025-10-03123.8499.27+0.27near the usual relationship
2025-10-02123.6298.66+0.33near the usual relationship
2025-10-01126.0999.64+0.45near the usual relationship
2025-09-30129.2499.91+0.70T ahead
2025-09-29128.4798.32+0.82T ahead
2025-09-26129.5799.14+0.83T ahead
2025-09-25129.5298.55+0.89T ahead
2025-09-24129.6198.16+0.95T ahead
2025-09-23131.7698.55+1.09T ahead
2025-09-22132.3698.11+1.19T ahead
2025-09-19132.7798.84+1.15T ahead
2025-09-18133.6499.27+1.18T ahead
2025-09-17135.19100.50+1.18T ahead
2025-09-16134.2399.43+1.22T ahead
2025-09-15135.5699.73+1.30T ahead
2025-09-12135.3399.95+1.27T ahead
2025-09-11134.97100.34+1.21T ahead
2025-09-10133.6498.86+1.27T ahead
2025-09-09134.6599.05+1.33T ahead
2025-09-08132.2798.48+1.22T ahead
2025-09-05135.42100.89+1.22T ahead
2025-09-04135.38100.43+1.27T ahead
2025-09-03132.9199.43+1.19T ahead
2025-09-02133.0999.57+1.19T ahead
2025-08-29134.05100.55+1.17T ahead
2025-08-28132.4599.86+1.13T ahead
2025-08-27133.00100.64+1.10T ahead
2025-08-26130.7199.93+1.00T ahead
2025-08-25131.53100.55+1.01T ahead
2025-08-22131.67101.02+0.98T ahead
2025-08-21134.74102.36+1.08T ahead
2025-08-20134.00102.43+1.03T ahead
2025-08-19132.63102.16+0.96T ahead
2025-08-18132.36100.91+1.07T ahead
2025-08-15132.13100.57+1.09T ahead
2025-08-14131.5898.89+1.22T ahead
2025-08-13129.9899.36+1.06T ahead
2025-08-12130.3498.32+1.20T ahead
2025-08-11128.7998.16+1.11T ahead
2025-08-08128.5198.09+1.10T ahead
2025-08-07128.4297.64+1.14T ahead
2025-08-06125.8196.27+1.09T ahead
2025-08-05127.0997.00+1.12T ahead
2025-08-04126.6897.64+1.04T ahead
2025-08-01127.0097.48+1.09T ahead
2025-07-31125.4597.20+1.01T ahead
2025-07-30125.8696.84+1.08T ahead
2025-07-29125.4597.09+1.03T ahead
2025-07-28126.3296.29+1.18T ahead
2025-07-25128.1597.93+1.16T ahead
2025-07-24127.7897.93+1.14T ahead
2025-07-23127.0097.39+1.15T ahead
2025-07-22125.4997.66+1.02T ahead
2025-07-21125.3196.59+1.11T ahead
2025-07-18123.3092.84+1.32T ahead
2025-07-17123.5293.09+1.33T ahead
2025-07-16123.3493.77+1.26T ahead
2025-07-15123.6693.79+1.29T ahead
2025-07-14124.3094.52+1.27T ahead
2025-07-11123.4394.61+1.21T ahead
2025-07-10126.4195.54+1.34T ahead
2025-07-09128.6096.86+1.38T ahead
2025-07-08129.4797.89+1.35T ahead
2025-07-07130.0297.29+1.45T ahead
2025-07-03129.7999.00+1.30T ahead
2025-07-02129.5799.09+1.28T ahead
2025-07-01132.1799.30+1.45T ahead
2025-06-30132.4598.36+1.55T ahead
2025-06-27128.5196.18+1.50T ahead
2025-06-26128.1595.70+1.53T ahead
2025-06-25127.7895.75+1.51T ahead
2025-06-24129.4396.91+1.53T ahead
2025-06-23129.0696.29+1.57T ahead
2025-06-20127.0994.79+1.59T ahead
2025-06-18126.5994.73+1.57T ahead
2025-06-17126.5495.14+1.54T ahead
2025-06-16128.0196.61+1.52T ahead
2025-06-13129.0297.77+1.49T ahead
2025-06-12129.3898.11+1.50T ahead
2025-06-11129.7099.43+1.42T ahead
2025-06-10130.07100.32+1.38T ahead
2025-06-09127.5199.23+1.31T ahead
2025-06-06128.5199.57+1.36T ahead
2025-06-05127.0598.43+1.37T ahead
2025-06-04125.2298.30+1.27T ahead
2025-06-03127.9699.64+1.34T ahead
2025-06-02127.83100.25+1.29T ahead
2025-05-30127.2399.93+1.29T ahead
2025-05-29125.3198.50+1.29T ahead
2025-05-28125.8698.05+1.38T ahead
2025-05-27125.3598.89+1.28T ahead
2025-05-23125.4998.48+1.34T ahead
2025-05-22124.6298.05+1.32T ahead
2025-05-21125.7299.45+1.29T ahead
2025-05-20127.14100.52+1.30T ahead
2025-05-19128.24100.73+1.36T ahead
2025-05-16126.86100.00+1.34T ahead
2025-05-15125.0898.84+1.33T ahead
2025-05-14121.0196.27+1.29T ahead
2025-05-13121.0596.95+1.24T ahead
2025-05-12123.6297.75+1.35T ahead
2025-05-09127.4199.14+1.49T ahead
2025-05-08125.7299.14+1.40T ahead
2025-05-07128.6099.77+1.54T ahead
2025-05-06128.88100.36+1.52T ahead
2025-05-05125.9098.98+1.46T ahead
2025-05-02126.3699.43+1.46T ahead
2025-05-01126.5098.43+1.56T ahead
2025-04-30126.77100.16+1.45T ahead
2025-04-29124.9497.64+1.55T ahead
2025-04-28124.7696.36+1.65T ahead
2025-04-25122.7095.27+1.62T ahead
2025-04-24126.0097.32+1.68T ahead
2025-04-23124.4497.07+1.61T ahead
2025-04-22123.3998.18+1.47T ahead
2025-04-21120.5097.59+1.34T ahead
2025-04-17124.26100.11+1.38T ahead
2025-04-16123.6699.14+1.43T ahead
2025-04-15125.86101.11+1.43T ahead
2025-04-14124.49100.70+1.38T ahead
2025-04-11122.6199.41+1.37T ahead
2025-04-10120.7897.57+1.41T ahead
2025-04-09121.1497.50+1.45T ahead
2025-04-08120.7895.86+1.57T ahead
2025-04-07122.7996.79+1.64T ahead
2025-04-04121.9297.82+1.51T ahead
2025-04-03130.89103.71+1.62T ahead
2025-04-02128.79101.70+1.66T ahead
2025-04-01130.34103.16+1.66T ahead
2025-03-31129.43103.11+1.62T ahead
2025-03-28128.97102.14+1.68T ahead
2025-03-27129.06102.21+1.70T ahead
2025-03-26126.54100.43+1.70T ahead
2025-03-25124.9998.86+1.74T ahead
2025-03-24123.3999.02+1.64T ahead
2025-03-21123.66100.00+1.60T ahead
2025-03-20122.6199.45+1.59T ahead
2025-03-19122.8499.89+1.58T ahead
2025-03-18121.78100.55+1.48T ahead
2025-03-17122.7999.23+1.66T ahead
2025-03-14121.6599.05+1.62T ahead
2025-03-13119.4199.36+1.46T ahead
2025-03-12117.7196.82+1.56T ahead
2025-03-11119.0498.73+1.51T ahead
2025-03-10124.85105.68+1.36T ahead
2025-03-07124.12104.71+1.40T ahead
2025-03-06122.33100.55+1.62T ahead
2025-03-05119.8297.39+1.73T ahead
2025-03-04120.0097.45+1.75T ahead
2025-03-03126.8699.73+2.03T ahead
2025-02-28125.4597.98+2.11T ahead
2025-02-27123.1198.36+1.95T ahead
2025-02-26121.6098.16+1.88T ahead
2025-02-25121.9799.36+1.83T ahead
2025-02-24122.3898.48+1.95T ahead
2025-02-21121.8397.20+2.04T ahead
2025-02-20119.6896.59+1.97T ahead
2025-02-19120.0995.50+2.12T ahead
2025-02-18119.3193.66+2.25T ahead
2025-02-14118.4093.18+2.26T ahead
2025-02-13117.3093.29+2.20T ahead
2025-02-12116.0692.13+2.25T ahead
2025-02-11115.1092.04+2.21T ahead
2025-02-10113.7890.82+2.26T ahead
2025-02-07112.3190.66+2.19T ahead
2025-02-06111.9090.79+2.18T ahead
2025-02-05111.9991.23+2.17T ahead
2025-02-04110.9890.50+2.19T ahead
2025-02-03110.9890.88+2.18T ahead
2025-01-31108.6089.54+2.14T ahead
2025-01-30109.9389.72+2.26T ahead
2025-01-29110.8991.57+2.18T ahead
2025-01-28111.6791.84+2.25T ahead
2025-01-27110.4892.38+2.12T ahead
2025-01-24103.9889.88+1.83T ahead
2025-01-23103.1189.07+1.85T ahead
2025-01-22102.1588.54+1.84T ahead
2025-01-21102.9388.70+1.92T ahead
2025-01-17102.0188.16+1.91T ahead
2025-01-16100.7887.16+1.93T ahead
2025-01-15100.2786.79+1.94T ahead
2025-01-1499.7787.02+1.89T ahead
2025-01-1398.6786.66+1.84T ahead
2025-01-1099.2785.95+2.01T ahead
2025-01-08101.5188.52+1.96T ahead
2025-01-07101.6088.47+2.00T ahead
2025-01-06103.4390.04+2.03T ahead
2025-01-03103.7591.52+1.92T ahead
2025-01-02104.4991.41+2.02T ahead
2024-12-31104.2190.91+2.08T ahead
2024-12-30103.4890.02+2.14T ahead
2024-12-27104.6290.75+2.20T ahead
2024-12-26105.0890.84+2.26T ahead
2024-12-24105.0390.48+2.34T ahead
2024-12-23104.5390.79+2.28T ahead
2024-12-20104.1290.77+2.27T ahead
2024-12-19103.3090.86+2.21T ahead
2024-12-18102.8891.48+2.12T ahead
2024-12-17104.4992.70+2.17T ahead
2024-12-16104.5392.93+2.18T ahead
2024-12-13108.1596.11+2.21T ahead
2024-12-12106.9195.66+2.17T ahead
2024-12-11107.4695.45+2.28T ahead
2024-12-10107.6096.16+2.25T ahead
2024-12-09106.9696.29+2.19T ahead
2024-12-06109.2996.32+2.48T ahead
2024-12-05109.0696.73+2.44T ahead
2024-12-04107.6996.66+2.33T ahead
2024-12-03108.6599.64+2.10T ahead
2024-12-02103.8999.68+1.56T ahead
2024-11-29106.00100.80+1.69T ahead
2024-11-27106.50100.89+1.76T ahead
2024-11-26105.68100.86+1.68T ahead
2024-11-25105.7299.98+1.82T ahead
2024-11-22106.0998.09+2.13T ahead
2024-11-21105.1796.61+2.24T ahead
2024-11-20104.4995.98+2.27T ahead
2024-11-19104.0395.32+2.34T ahead
2024-11-18105.2296.04+2.43T ahead
2024-11-15103.8094.68+2.48T ahead
2024-11-14101.8392.91+2.52T ahead
2024-11-13102.0693.52+2.50T ahead
2024-11-12101.3791.84+2.70T ahead
2024-11-11102.1191.93+2.85T ahead
2024-11-08102.2492.02+2.91T ahead
2024-11-07100.8792.23+2.74T ahead
2024-11-06102.1593.57+2.76T ahead
2024-11-05100.9293.79+2.59T ahead
2024-11-04100.3293.34+2.62T ahead
2024-11-01101.2494.02+2.70T ahead
2024-10-31103.1695.77+2.76T ahead
2024-10-30100.7893.84+2.77T ahead
2024-10-29101.5193.95+2.92T ahead
2024-10-28101.1994.61+2.81T ahead
2024-10-2599.9194.07+2.75T ahead
2024-10-24101.6095.16+2.89T ahead
2024-10-23102.9397.43+2.76T ahead
2024-10-2298.4094.34+2.57T ahead
2024-10-2199.1399.34+1.82T ahead
2024-10-18100.00100.00+1.87T ahead

One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Oct 22, 2024 (T -0.7%, VZ -5.0%); Dec 3, 2024 (T +4.6%, VZ -0.1%); Oct 29, 2025 (T -2.2%, VZ +2.3%); Jan 28, 2026 (T +4.7%, VZ +0.2%); Jan 30, 2026 (T +4.3%, VZ +11.8%); Oct 21, 2026 (T -6.5%, VZ -2.2%). Upcoming earnings: VZ Oct 26, 2026 (pre-market).

Paired trades

The shared paper book and the replay, kept apart

Forward paper record

No paper position on this pair yet.

Historical simulation (a diagnostic, same rules)

No simulated trade through Oct 20, 2026: the pair rarely passed every test while 2 standard deviations apart.

Per $10,000 a leg. A replay on today's companies cannot prove an edge.

The companies

T and VZ at a glance

T AT&T Inc.

Listing
NYSE · SEC CIK 732717
Industry
Telecommunications Equipment · SIC 4813 Telephone Communications (No Radiotelephone)
Market value
$159.0B
Price history
2,521 daily closes, Oct 12, 2016 to Oct 22, 2026

VZ Verizon Communications Inc.

Listing
NYSE · SEC CIK 732712
Industry
Telecommunications Equipment · SIC 4813 Telephone Communications (No Radiotelephone)
Market value
$183.4B
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.

Related
All pairs →
PairStatusAhead nowIndustry
VZ / TMUSWatchlistVZ by 1.48 sdTelecommunications Equipment
TMUS / TWatchlistT by 1.25 sdTelecommunications Equipment
T / VIVWatchlistVIV by 0.66 sdSIC 4813 Telephone Communications (No Radiotelephone)
VZ / VIVWatchlistneitherSIC 4813 Telephone Communications (No Radiotelephone)

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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.