CBRE Group Inc Common Stock Class A vs Jones Lang LaSalle Incorporated
Why these are rivals: #1 and #3 by market value ($39B vs $17B) in Nasdaq's "Real Estate" industry; SEC SIC 6500 / 6531 (same major group).
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: -0.48 (needs <= -2.873 (5% critical value))
- Speed: half-life of the spread, sessions: 110.33 (needs <= 63)
CBRE is the larger business
Annual revenue reported to the SEC. Scale, not market share.
| Year | CBRE | JLL | Larger |
|---|---|---|---|
| 2025 | $40.5B | $26.1B | CBRE |
| 2024 | $35.8B | $23.4B | CBRE |
| 2023 | $31.9B | $20.8B | CBRE |
| 2022 | $30.8B | $20.9B | CBRE |
| 2021 | $27.7B | $19.4B | CBRE |
| 2020 | $23.8B | $16.6B | CBRE |
CBRE led in every year with figures for both. Market value: CBRE $39.1B, JLL $17.1B.
JLL is ahead now
Measured against the pair's own last 252 trading days.
JLL leads CBRE by 2.76 standard deviations: +23.3% over its usual price ratio. 0 lead switches in the last year.
| Price change | 3 mo | 6 mo | 12 mo |
|---|---|---|---|
| CBRE | -8.6% | -6.4% | -11.7% |
| JLL | +3.2% | +18.6% | +25.0% |
Not a measured twin today
Only these tests can make a pair tradable on paper.
- Pass
- Aligned sessions: 2534 (needs >= 254)
- Pass
- Co-movement: daily return correlation, 252 sessions: 0.86 (needs >= 0.60)
- Fail
- Mean reversion: ADF t-statistic of the spread: -0.48 (needs <= -2.873 (5% critical value))
- Fail
- Speed: half-life of the spread, sessions: 110.33 (needs <= 63)
- Data
- Both stocks current
Prices side by side, and the gap between them
Data table (504 sessions)
| Date | CBRE index | JLL index | z | Ahead |
|---|---|---|---|---|
| 2026-11-10 | 104.17 | 142.85 | -2.76 | JLL ahead |
| 2026-11-09 | 106.78 | 145.02 | -2.66 | JLL ahead |
| 2026-11-06 | 104.72 | 141.48 | -2.62 | JLL ahead |
| 2026-11-05 | 105.37 | 143.18 | -2.74 | JLL ahead |
| 2026-11-04 | 109.05 | 148.94 | -2.86 | JLL ahead |
| 2026-11-03 | 104.73 | 142.89 | -2.90 | JLL ahead |
| 2026-11-02 | 105.68 | 144.72 | -3.00 | JLL ahead |
| 2026-10-30 | 99.57 | 137.28 | -3.16 | JLL ahead |
| 2026-10-29 | 99.37 | 134.87 | -2.99 | JLL ahead |
| 2026-10-28 | 95.60 | 127.19 | -2.75 | JLL ahead |
| 2026-10-27 | 94.01 | 114.44 | -1.48 | JLL ahead |
| 2026-10-26 | 94.96 | 114.70 | -1.37 | JLL ahead |
| 2026-10-23 | 95.29 | 114.58 | -1.32 | JLL ahead |
| 2026-10-22 | 101.42 | 119.26 | -1.00 | JLL ahead |
| 2026-10-21 | 104.06 | 116.78 | -0.35 | near the usual relationship |
| 2026-10-20 | 103.73 | 117.90 | -0.54 | JLL ahead |
| 2026-10-19 | 101.06 | 115.47 | -0.62 | JLL ahead |
| 2026-10-16 | 102.84 | 116.57 | -0.51 | JLL ahead |
| 2026-10-15 | 104.71 | 118.59 | -0.51 | JLL ahead |
| 2026-10-14 | 99.59 | 112.66 | -0.50 | JLL ahead |
| 2026-10-13 | 100.21 | 113.83 | -0.56 | JLL ahead |
| 2026-10-12 | 101.01 | 113.74 | -0.45 | near the usual relationship |
| 2026-10-09 | 101.08 | 114.42 | -0.52 | JLL ahead |
| 2026-10-08 | 101.30 | 115.67 | -0.64 | JLL ahead |
| 2026-10-07 | 98.58 | 113.19 | -0.72 | JLL ahead |
| 2026-10-06 | 100.97 | 115.85 | -0.72 | JLL ahead |
| 2026-10-05 | 100.00 | 115.39 | -0.80 | JLL ahead |
| 2026-10-02 | 100.14 | 117.07 | -0.97 | JLL ahead |
| 2026-10-01 | 100.87 | 117.55 | -0.94 | JLL ahead |
| 2026-09-30 | 99.28 | 116.58 | -1.04 | JLL ahead |
| 2026-09-29 | 101.11 | 118.67 | -1.04 | JLL ahead |
| 2026-09-28 | 100.73 | 119.85 | -1.22 | JLL ahead |
| 2026-09-25 | 103.98 | 122.83 | -1.14 | JLL ahead |
| 2026-09-24 | 105.51 | 123.78 | -1.06 | JLL ahead |
| 2026-09-23 | 105.42 | 123.65 | -1.07 | JLL ahead |
| 2026-09-22 | 109.00 | 127.96 | -1.08 | JLL ahead |
| 2026-09-21 | 110.67 | 129.76 | -1.08 | JLL ahead |
| 2026-09-18 | 107.81 | 128.35 | -1.28 | JLL ahead |
| 2026-09-17 | 107.67 | 128.53 | -1.32 | JLL ahead |
| 2026-09-16 | 107.08 | 129.80 | -1.52 | JLL ahead |
| 2026-09-15 | 108.28 | 130.13 | -1.42 | JLL ahead |
| 2026-09-14 | 108.89 | 131.09 | -1.45 | JLL ahead |
| 2026-09-11 | 108.59 | 132.39 | -1.62 | JLL ahead |
| 2026-09-10 | 106.64 | 130.56 | -1.69 | JLL ahead |
| 2026-09-09 | 107.94 | 132.10 | -1.70 | JLL ahead |
| 2026-09-08 | 109.94 | 134.35 | -1.69 | JLL ahead |
| 2026-09-04 | 114.26 | 138.26 | -1.58 | JLL ahead |
| 2026-09-03 | 114.95 | 138.24 | -1.52 | JLL ahead |
| 2026-09-02 | 109.78 | 133.52 | -1.67 | JLL ahead |
| 2026-09-01 | 111.64 | 135.33 | -1.64 | JLL ahead |
| 2026-08-31 | 112.68 | 139.60 | -1.93 | JLL ahead |
| 2026-08-28 | 116.55 | 144.23 | -1.93 | JLL ahead |
| 2026-08-27 | 113.77 | 144.52 | -2.28 | JLL ahead |
| 2026-08-26 | 116.20 | 147.31 | -2.28 | JLL ahead |
| 2026-08-25 | 117.26 | 149.87 | -2.41 | JLL ahead |
| 2026-08-24 | 117.41 | 147.74 | -2.24 | JLL ahead |
| 2026-08-21 | 117.54 | 147.81 | -2.26 | JLL ahead |
| 2026-08-20 | 117.30 | 146.63 | -2.21 | JLL ahead |
| 2026-08-19 | 119.84 | 148.89 | -2.15 | JLL ahead |
| 2026-08-18 | 113.83 | 141.57 | -2.19 | JLL ahead |
| 2026-08-17 | 114.34 | 141.30 | -2.13 | JLL ahead |
| 2026-08-14 | 118.13 | 143.09 | -1.89 | JLL ahead |
| 2026-08-13 | 117.38 | 141.00 | -1.79 | JLL ahead |
| 2026-08-12 | 113.91 | 138.41 | -1.95 | JLL ahead |
| 2026-08-11 | 113.96 | 138.64 | -1.98 | JLL ahead |
| 2026-08-10 | 111.24 | 136.35 | -2.10 | JLL ahead |
| 2026-08-07 | 114.51 | 138.27 | -1.91 | JLL ahead |
| 2026-08-06 | 113.95 | 138.77 | -2.03 | JLL ahead |
| 2026-08-05 | 116.82 | 142.41 | -2.06 | JLL ahead |
| 2026-08-04 | 116.73 | 140.36 | -1.89 | JLL ahead |
| 2026-08-03 | 114.71 | 139.67 | -2.06 | JLL ahead |
| 2026-07-31 | 113.45 | 135.47 | -1.83 | JLL ahead |
| 2026-07-30 | 115.50 | 138.02 | -1.85 | JLL ahead |
| 2026-07-29 | 114.20 | 129.73 | -1.22 | JLL ahead |
| 2026-07-28 | 113.64 | 130.91 | -1.40 | JLL ahead |
| 2026-07-27 | 111.19 | 127.12 | -1.32 | JLL ahead |
| 2026-07-24 | 107.77 | 124.18 | -1.43 | JLL ahead |
| 2026-07-23 | 104.75 | 121.86 | -1.56 | JLL ahead |
| 2026-07-22 | 105.94 | 123.64 | -1.61 | JLL ahead |
| 2026-07-21 | 106.85 | 123.79 | -1.53 | JLL ahead |
| 2026-07-20 | 107.13 | 124.37 | -1.57 | JLL ahead |
| 2026-07-17 | 108.93 | 126.17 | -1.55 | JLL ahead |
| 2026-07-16 | 111.04 | 128.15 | -1.52 | JLL ahead |
| 2026-07-15 | 109.28 | 125.12 | -1.43 | JLL ahead |
| 2026-07-14 | 102.88 | 119.96 | -1.67 | JLL ahead |
| 2026-07-13 | 106.67 | 122.84 | -1.53 | JLL ahead |
| 2026-07-10 | 107.83 | 123.79 | -1.50 | JLL ahead |
| 2026-07-09 | 109.01 | 123.70 | -1.37 | JLL ahead |
| 2026-07-08 | 108.15 | 123.64 | -1.47 | JLL ahead |
| 2026-07-07 | 111.07 | 126.90 | -1.47 | JLL ahead |
| 2026-07-06 | 108.62 | 125.86 | -1.66 | JLL ahead |
| 2026-07-02 | 109.41 | 124.95 | -1.49 | JLL ahead |
| 2026-07-01 | 106.88 | 121.47 | -1.45 | JLL ahead |
| 2026-06-30 | 104.09 | 118.27 | -1.46 | JLL ahead |
| 2026-06-29 | 105.17 | 119.46 | -1.46 | JLL ahead |
| 2026-06-26 | 106.18 | 120.22 | -1.44 | JLL ahead |
| 2026-06-25 | 104.00 | 115.90 | -1.25 | JLL ahead |
| 2026-06-24 | 103.51 | 114.38 | -1.16 | JLL ahead |
| 2026-06-23 | 102.94 | 114.06 | -1.20 | JLL ahead |
| 2026-06-22 | 100.43 | 112.50 | -1.34 | JLL ahead |
| 2026-06-18 | 101.66 | 113.43 | -1.30 | JLL ahead |
| 2026-06-17 | 101.07 | 113.82 | -1.42 | JLL ahead |
| 2026-06-16 | 104.69 | 115.52 | -1.18 | JLL ahead |
| 2026-06-15 | 103.68 | 113.80 | -1.13 | JLL ahead |
| 2026-06-12 | 103.10 | 114.45 | -1.27 | JLL ahead |
| 2026-06-11 | 101.94 | 113.66 | -1.34 | JLL ahead |
| 2026-06-10 | 103.60 | 113.79 | -1.16 | JLL ahead |
| 2026-06-09 | 105.18 | 116.61 | -1.29 | JLL ahead |
| 2026-06-08 | 101.79 | 112.44 | -1.25 | JLL ahead |
| 2026-06-05 | 101.18 | 112.83 | -1.38 | JLL ahead |
| 2026-06-04 | 101.20 | 114.09 | -1.52 | JLL ahead |
| 2026-06-03 | 97.40 | 110.37 | -1.60 | JLL ahead |
| 2026-06-02 | 98.81 | 112.94 | -1.71 | JLL ahead |
| 2026-06-01 | 96.32 | 108.69 | -1.57 | JLL ahead |
| 2026-05-29 | 96.63 | 107.72 | -1.44 | JLL ahead |
| 2026-05-28 | 97.70 | 109.00 | -1.46 | JLL ahead |
| 2026-05-27 | 100.58 | 110.65 | -1.30 | JLL ahead |
| 2026-05-26 | 100.28 | 110.47 | -1.33 | JLL ahead |
| 2026-05-22 | 101.29 | 111.30 | -1.31 | JLL ahead |
| 2026-05-21 | 101.27 | 111.78 | -1.37 | JLL ahead |
| 2026-05-20 | 101.33 | 111.81 | -1.38 | JLL ahead |
| 2026-05-19 | 99.03 | 109.33 | -1.39 | JLL ahead |
| 2026-05-18 | 100.80 | 110.23 | -1.29 | JLL ahead |
| 2026-05-15 | 100.43 | 109.98 | -1.32 | JLL ahead |
| 2026-05-14 | 102.36 | 110.24 | -1.13 | JLL ahead |
| 2026-05-13 | 108.69 | 118.54 | -1.29 | JLL ahead |
| 2026-05-12 | 111.33 | 120.49 | -1.21 | JLL ahead |
| 2026-05-11 | 112.91 | 123.20 | -1.32 | JLL ahead |
| 2026-05-08 | 113.08 | 125.87 | -1.57 | JLL ahead |
| 2026-05-07 | 113.37 | 125.18 | -1.49 | JLL ahead |
| 2026-05-06 | 112.18 | 124.21 | -1.54 | JLL ahead |
| 2026-05-05 | 110.18 | 121.39 | -1.49 | JLL ahead |
| 2026-05-04 | 108.23 | 120.14 | -1.60 | JLL ahead |
| 2026-05-01 | 109.59 | 120.28 | -1.47 | JLL ahead |
| 2026-04-30 | 110.30 | 121.39 | -1.52 | JLL ahead |
| 2026-04-29 | 110.13 | 129.22 | -2.35 | JLL ahead |
| 2026-04-28 | 113.55 | 130.32 | -2.10 | JLL ahead |
| 2026-04-27 | 113.00 | 130.44 | -2.20 | JLL ahead |
| 2026-04-24 | 114.60 | 129.18 | -1.92 | JLL ahead |
| 2026-04-23 | 115.39 | 128.83 | -1.81 | JLL ahead |
| 2026-04-22 | 118.64 | 134.00 | -1.98 | JLL ahead |
| 2026-04-21 | 115.80 | 131.86 | -2.12 | JLL ahead |
| 2026-04-20 | 117.93 | 134.87 | -2.20 | JLL ahead |
| 2026-04-17 | 117.09 | 132.18 | -2.06 | JLL ahead |
| 2026-04-16 | 114.22 | 127.55 | -1.93 | JLL ahead |
| 2026-04-15 | 113.97 | 126.76 | -1.90 | JLL ahead |
| 2026-04-14 | 113.66 | 125.04 | -1.78 | JLL ahead |
| 2026-04-13 | 112.78 | 123.83 | -1.77 | JLL ahead |
| 2026-04-10 | 109.13 | 121.24 | -1.95 | JLL ahead |
| 2026-04-09 | 110.09 | 122.10 | -1.95 | JLL ahead |
| 2026-04-08 | 110.12 | 121.54 | -1.91 | JLL ahead |
| 2026-04-07 | 106.66 | 117.60 | -1.91 | JLL ahead |
| 2026-04-06 | 105.25 | 117.06 | -2.06 | JLL ahead |
| 2026-04-02 | 105.56 | 116.78 | -2.01 | JLL ahead |
| 2026-04-01 | 103.93 | 116.66 | -2.25 | JLL ahead |
| 2026-03-31 | 104.68 | 116.12 | -2.11 | JLL ahead |
| 2026-03-30 | 102.89 | 113.32 | -2.03 | JLL ahead |
| 2026-03-27 | 101.83 | 111.77 | -2.00 | JLL ahead |
| 2026-03-26 | 104.18 | 114.64 | -2.07 | JLL ahead |
| 2026-03-25 | 104.13 | 114.54 | -2.09 | JLL ahead |
| 2026-03-24 | 102.72 | 113.04 | -2.12 | JLL ahead |
| 2026-03-23 | 104.91 | 114.32 | -2.00 | JLL ahead |
| 2026-03-20 | 102.00 | 112.10 | -2.15 | JLL ahead |
| 2026-03-19 | 102.94 | 114.51 | -2.37 | JLL ahead |
| 2026-03-18 | 103.49 | 115.96 | -2.52 | JLL ahead |
| 2026-03-17 | 105.32 | 115.61 | -2.23 | JLL ahead |
| 2026-03-16 | 104.38 | 114.69 | -2.27 | JLL ahead |
| 2026-03-13 | 103.40 | 114.20 | -2.39 | JLL ahead |
| 2026-03-12 | 101.89 | 112.25 | -2.38 | JLL ahead |
| 2026-03-11 | 102.39 | 110.47 | -2.07 | JLL ahead |
| 2026-03-10 | 104.01 | 112.77 | -2.18 | JLL ahead |
| 2026-03-09 | 105.83 | 115.09 | -2.26 | JLL ahead |
| 2026-03-06 | 105.74 | 114.18 | -2.17 | JLL ahead |
| 2026-03-05 | 109.11 | 118.04 | -2.23 | JLL ahead |
| 2026-03-04 | 109.54 | 118.65 | -2.29 | JLL ahead |
| 2026-03-03 | 110.22 | 118.20 | -2.15 | JLL ahead |
| 2026-03-02 | 112.03 | 119.67 | -2.10 | JLL ahead |
| 2026-02-27 | 114.11 | 120.40 | -1.91 | JLL ahead |
| 2026-02-26 | 115.92 | 123.14 | -2.06 | JLL ahead |
| 2026-02-25 | 113.79 | 120.80 | -2.07 | JLL ahead |
| 2026-02-24 | 112.96 | 118.65 | -1.90 | JLL ahead |
| 2026-02-23 | 111.42 | 116.13 | -1.78 | JLL ahead |
| 2026-02-20 | 113.61 | 119.81 | -2.01 | JLL ahead |
| 2026-02-19 | 115.29 | 119.69 | -1.74 | JLL ahead |
| 2026-02-18 | 117.47 | 119.97 | -1.45 | JLL ahead |
| 2026-02-17 | 109.15 | 109.44 | -1.12 | JLL ahead |
| 2026-02-13 | 109.98 | 110.33 | -1.14 | JLL ahead |
| 2026-02-12 | 105.32 | 106.90 | -1.36 | JLL ahead |
| 2026-02-11 | 115.53 | 115.66 | -1.11 | JLL ahead |
| 2026-02-10 | 131.63 | 132.11 | -1.17 | JLL ahead |
| 2026-02-09 | 132.13 | 132.20 | -1.11 | JLL ahead |
| 2026-02-06 | 131.12 | 130.78 | -1.06 | JLL ahead |
| 2026-02-05 | 128.42 | 127.80 | -1.02 | JLL ahead |
| 2026-02-04 | 128.20 | 127.42 | -1.01 | JLL ahead |
| 2026-02-03 | 126.24 | 126.23 | -1.12 | JLL ahead |
| 2026-02-02 | 130.88 | 135.05 | -1.73 | JLL ahead |
| 2026-01-30 | 131.63 | 136.57 | -1.84 | JLL ahead |
| 2026-01-29 | 132.62 | 136.85 | -1.76 | JLL ahead |
| 2026-01-28 | 130.99 | 135.98 | -1.89 | JLL ahead |
| 2026-01-27 | 130.90 | 135.85 | -1.90 | JLL ahead |
| 2026-01-26 | 131.62 | 136.30 | -1.88 | JLL ahead |
| 2026-01-23 | 130.78 | 135.11 | -1.85 | JLL ahead |
| 2026-01-22 | 131.51 | 135.97 | -1.88 | JLL ahead |
| 2026-01-21 | 131.60 | 135.29 | -1.79 | JLL ahead |
| 2026-01-20 | 127.79 | 131.41 | -1.81 | JLL ahead |
| 2026-01-16 | 132.60 | 135.69 | -1.73 | JLL ahead |
| 2026-01-15 | 132.02 | 135.08 | -1.74 | JLL ahead |
| 2026-01-14 | 127.43 | 129.65 | -1.64 | JLL ahead |
| 2026-01-13 | 127.29 | 131.89 | -2.04 | JLL ahead |
| 2026-01-12 | 128.84 | 133.71 | -2.09 | JLL ahead |
| 2026-01-09 | 127.87 | 133.57 | -2.26 | JLL ahead |
| 2026-01-08 | 128.25 | 132.13 | -1.99 | JLL ahead |
| 2026-01-07 | 128.54 | 134.58 | -2.36 | JLL ahead |
| 2026-01-06 | 129.00 | 133.75 | -2.18 | JLL ahead |
| 2026-01-05 | 127.05 | 133.23 | -2.46 | JLL ahead |
| 2026-01-02 | 123.79 | 128.14 | -2.21 | JLL ahead |
| 2025-12-31 | 124.26 | 128.38 | -2.19 | JLL ahead |
| 2025-12-30 | 126.21 | 129.40 | -2.05 | JLL ahead |
| 2025-12-29 | 126.87 | 130.14 | -2.08 | JLL ahead |
| 2025-12-26 | 127.29 | 132.39 | -2.42 | JLL ahead |
| 2025-12-24 | 127.47 | 132.37 | -2.42 | JLL ahead |
| 2025-12-23 | 126.62 | 130.53 | -2.27 | JLL ahead |
| 2025-12-22 | 126.79 | 129.91 | -2.15 | JLL ahead |
| 2025-12-19 | 124.91 | 128.45 | -2.26 | JLL ahead |
| 2025-12-18 | 124.08 | 127.52 | -2.27 | JLL ahead |
| 2025-12-17 | 123.66 | 127.26 | -2.33 | JLL ahead |
| 2025-12-16 | 124.19 | 127.34 | -2.27 | JLL ahead |
| 2025-12-15 | 122.77 | 125.53 | -2.21 | JLL ahead |
| 2025-12-12 | 123.32 | 127.69 | -2.55 | JLL ahead |
| 2025-12-11 | 124.00 | 128.83 | -2.67 | JLL ahead |
| 2025-12-10 | 121.06 | 126.43 | -2.83 | JLL ahead |
| 2025-12-09 | 120.57 | 124.07 | -2.48 | JLL ahead |
| 2025-12-08 | 120.09 | 122.09 | -2.19 | JLL ahead |
| 2025-12-05 | 124.31 | 125.02 | -1.92 | JLL ahead |
| 2025-12-04 | 124.78 | 124.97 | -1.82 | JLL ahead |
| 2025-12-03 | 125.41 | 125.76 | -1.86 | JLL ahead |
| 2025-12-02 | 123.13 | 123.73 | -1.91 | JLL ahead |
| 2025-12-01 | 123.14 | 123.57 | -1.88 | JLL ahead |
| 2025-11-28 | 125.06 | 124.27 | -1.63 | JLL ahead |
| 2025-11-26 | 125.36 | 125.93 | -1.92 | JLL ahead |
| 2025-11-25 | 125.36 | 126.19 | -1.99 | JLL ahead |
| 2025-11-24 | 122.14 | 121.51 | -1.70 | JLL ahead |
| 2025-11-21 | 121.17 | 120.14 | -1.62 | JLL ahead |
| 2025-11-20 | 117.14 | 115.10 | -1.39 | JLL ahead |
| 2025-11-19 | 117.30 | 115.71 | -1.49 | JLL ahead |
| 2025-11-18 | 115.98 | 113.43 | -1.26 | JLL ahead |
| 2025-11-17 | 115.46 | 111.55 | -0.95 | JLL ahead |
| 2025-11-14 | 118.75 | 115.45 | -1.10 | JLL ahead |
| 2025-11-13 | 118.37 | 115.19 | -1.12 | JLL ahead |
| 2025-11-12 | 120.09 | 117.24 | -1.21 | JLL ahead |
| 2025-11-11 | 119.71 | 117.73 | -1.39 | JLL ahead |
| 2025-11-10 | 117.33 | 114.38 | -1.16 | JLL ahead |
| 2025-11-07 | 117.97 | 114.30 | -0.99 | JLL ahead |
| 2025-11-06 | 115.91 | 109.92 | -0.43 | near the usual relationship |
| 2025-11-05 | 115.97 | 109.75 | -0.37 | near the usual relationship |
| 2025-11-04 | 117.03 | 114.10 | -1.10 | JLL ahead |
| 2025-11-03 | 116.39 | 114.49 | -1.31 | JLL ahead |
| 2025-10-31 | 117.80 | 116.41 | -1.41 | JLL ahead |
| 2025-10-30 | 118.15 | 116.07 | -1.25 | JLL ahead |
| 2025-10-29 | 118.01 | 115.79 | -1.21 | JLL ahead |
| 2025-10-28 | 123.21 | 119.04 | -0.83 | JLL ahead |
| 2025-10-27 | 124.52 | 120.46 | -0.84 | JLL ahead |
| 2025-10-24 | 125.94 | 120.95 | -0.65 | JLL ahead |
| 2025-10-23 | 126.89 | 120.72 | -0.42 | near the usual relationship |
| 2025-10-22 | 126.56 | 119.44 | -0.22 | near the usual relationship |
| 2025-10-21 | 124.33 | 118.35 | -0.40 | near the usual relationship |
| 2025-10-20 | 123.55 | 116.89 | -0.25 | near the usual relationship |
| 2025-10-17 | 121.42 | 114.68 | -0.20 | near the usual relationship |
| 2025-10-16 | 120.11 | 113.81 | -0.25 | near the usual relationship |
| 2025-10-15 | 121.19 | 116.03 | -0.45 | near the usual relationship |
| 2025-10-14 | 119.29 | 112.46 | -0.12 | near the usual relationship |
| 2025-10-13 | 118.18 | 110.85 | +0.00 | near the usual relationship |
| 2025-10-10 | 116.21 | 108.07 | +0.18 | near the usual relationship |
| 2025-10-09 | 117.82 | 109.86 | +0.14 | near the usual relationship |
| 2025-10-08 | 117.23 | 108.26 | +0.33 | near the usual relationship |
| 2025-10-07 | 118.00 | 109.24 | +0.29 | near the usual relationship |
| 2025-10-06 | 118.64 | 111.06 | +0.09 | near the usual relationship |
| 2025-10-03 | 120.66 | 112.63 | +0.15 | near the usual relationship |
| 2025-10-02 | 120.27 | 111.94 | +0.21 | near the usual relationship |
| 2025-10-01 | 120.99 | 113.45 | +0.08 | near the usual relationship |
| 2025-09-30 | 121.76 | 113.81 | +0.15 | near the usual relationship |
| 2025-09-29 | 122.84 | 114.61 | +0.19 | near the usual relationship |
| 2025-09-26 | 122.10 | 115.04 | +0.02 | near the usual relationship |
| 2025-09-25 | 120.79 | 114.75 | -0.11 | near the usual relationship |
| 2025-09-24 | 121.42 | 115.83 | -0.18 | near the usual relationship |
| 2025-09-23 | 126.04 | 119.52 | -0.06 | near the usual relationship |
| 2025-09-22 | 125.66 | 119.69 | -0.13 | near the usual relationship |
| 2025-09-19 | 126.85 | 121.52 | -0.22 | near the usual relationship |
| 2025-09-18 | 128.08 | 121.97 | -0.12 | near the usual relationship |
| 2025-09-17 | 126.99 | 120.95 | -0.11 | near the usual relationship |
| 2025-09-16 | 125.84 | 118.99 | +0.02 | near the usual relationship |
| 2025-09-15 | 127.94 | 119.72 | +0.20 | near the usual relationship |
| 2025-09-12 | 126.75 | 119.19 | +0.13 | near the usual relationship |
| 2025-09-11 | 128.21 | 119.97 | +0.22 | near the usual relationship |
| 2025-09-10 | 125.67 | 117.19 | +0.28 | near the usual relationship |
| 2025-09-09 | 125.26 | 117.12 | +0.24 | near the usual relationship |
| 2025-09-08 | 126.37 | 119.04 | +0.13 | near the usual relationship |
| 2025-09-05 | 127.03 | 118.85 | +0.25 | near the usual relationship |
| 2025-09-04 | 124.95 | 117.40 | +0.19 | near the usual relationship |
| 2025-09-03 | 122.98 | 114.72 | +0.31 | near the usual relationship |
| 2025-09-02 | 123.31 | 115.00 | +0.32 | near the usual relationship |
| 2025-08-29 | 125.29 | 116.59 | +0.36 | near the usual relationship |
| 2025-08-28 | 125.19 | 116.25 | +0.40 | near the usual relationship |
| 2025-08-27 | 126.00 | 116.70 | +0.44 | near the usual relationship |
| 2025-08-26 | 126.29 | 116.56 | +0.50 | CBRE ahead |
| 2025-08-25 | 127.50 | 116.19 | +0.70 | CBRE ahead |
| 2025-08-22 | 127.06 | 115.69 | +0.72 | CBRE ahead |
| 2025-08-21 | 122.97 | 111.76 | +0.75 | CBRE ahead |
| 2025-08-20 | 124.30 | 113.43 | +0.69 | CBRE ahead |
| 2025-08-19 | 123.63 | 114.18 | +0.53 | CBRE ahead |
| 2025-08-18 | 121.98 | 111.77 | +0.65 | CBRE ahead |
| 2025-08-15 | 122.82 | 112.22 | +0.69 | CBRE ahead |
| 2025-08-14 | 122.52 | 112.04 | +0.69 | CBRE ahead |
| 2025-08-13 | 123.38 | 113.29 | +0.63 | CBRE ahead |
| 2025-08-12 | 120.65 | 108.32 | +0.96 | CBRE ahead |
| 2025-08-11 | 118.62 | 105.23 | +1.14 | CBRE ahead |
| 2025-08-08 | 120.09 | 106.15 | +1.20 | CBRE ahead |
| 2025-08-07 | 119.29 | 104.67 | +1.31 | CBRE ahead |
| 2025-08-06 | 120.46 | 105.02 | +1.41 | CBRE ahead |
| 2025-08-05 | 120.92 | 104.17 | +1.59 | CBRE ahead |
| 2025-08-04 | 120.58 | 103.19 | +1.70 | CBRE ahead |
| 2025-08-01 | 118.96 | 101.25 | +1.79 | CBRE ahead |
| 2025-07-31 | 120.36 | 103.16 | +1.70 | CBRE ahead |
| 2025-07-30 | 121.62 | 103.93 | +1.75 | CBRE ahead |
| 2025-07-29 | 122.14 | 105.27 | +1.64 | CBRE ahead |
| 2025-07-28 | 113.26 | 100.22 | +1.28 | CBRE ahead |
| 2025-07-25 | 114.04 | 101.22 | +1.24 | CBRE ahead |
| 2025-07-24 | 111.74 | 99.73 | +1.17 | CBRE ahead |
| 2025-07-23 | 111.77 | 99.51 | +1.20 | CBRE ahead |
| 2025-07-22 | 110.56 | 99.22 | +1.10 | CBRE ahead |
| 2025-07-21 | 109.30 | 96.72 | +1.29 | CBRE ahead |
| 2025-07-18 | 107.78 | 96.64 | +1.12 | CBRE ahead |
| 2025-07-17 | 107.24 | 96.11 | +1.13 | CBRE ahead |
| 2025-07-16 | 106.92 | 95.57 | +1.17 | CBRE ahead |
| 2025-07-15 | 105.90 | 94.99 | +1.13 | CBRE ahead |
| 2025-07-14 | 108.98 | 97.59 | +1.16 | CBRE ahead |
| 2025-07-11 | 108.58 | 98.02 | +1.06 | CBRE ahead |
| 2025-07-10 | 109.13 | 99.09 | +1.00 | CBRE ahead |
| 2025-07-09 | 108.00 | 97.41 | +1.09 | CBRE ahead |
| 2025-07-08 | 108.11 | 97.17 | +1.14 | CBRE ahead |
| 2025-07-07 | 110.15 | 98.62 | +1.19 | CBRE ahead |
| 2025-07-03 | 110.65 | 99.45 | +1.15 | CBRE ahead |
| 2025-07-02 | 110.13 | 98.82 | +1.18 | CBRE ahead |
| 2025-07-01 | 109.44 | 98.02 | +1.21 | CBRE ahead |
| 2025-06-30 | 108.28 | 97.60 | +1.14 | CBRE ahead |
| 2025-06-27 | 107.71 | 98.05 | +1.03 | CBRE ahead |
| 2025-06-26 | 106.72 | 96.75 | +1.08 | CBRE ahead |
| 2025-06-25 | 104.50 | 93.29 | +1.28 | CBRE ahead |
| 2025-06-24 | 107.52 | 95.73 | +1.32 | CBRE ahead |
| 2025-06-23 | 107.11 | 94.47 | +1.44 | CBRE ahead |
| 2025-06-20 | 103.47 | 90.99 | +1.48 | CBRE ahead |
| 2025-06-18 | 103.15 | 90.60 | +1.51 | CBRE ahead |
| 2025-06-17 | 102.21 | 89.18 | +1.60 | CBRE ahead |
| 2025-06-16 | 103.63 | 91.76 | +1.44 | CBRE ahead |
| 2025-06-13 | 102.76 | 90.43 | +1.52 | CBRE ahead |
| 2025-06-12 | 104.73 | 92.18 | +1.53 | CBRE ahead |
| 2025-06-11 | 103.42 | 90.62 | +1.60 | CBRE ahead |
| 2025-06-10 | 102.67 | 90.58 | +1.53 | CBRE ahead |
| 2025-06-09 | 99.57 | 88.10 | +1.51 | CBRE ahead |
| 2025-06-06 | 99.36 | 87.78 | +1.54 | CBRE ahead |
| 2025-06-05 | 98.64 | 87.65 | +1.48 | CBRE ahead |
| 2025-06-04 | 98.46 | 87.48 | +1.49 | CBRE ahead |
| 2025-06-03 | 96.55 | 85.82 | +1.50 | CBRE ahead |
| 2025-06-02 | 96.26 | 84.35 | +1.69 | CBRE ahead |
| 2025-05-30 | 96.62 | 84.97 | +1.66 | CBRE ahead |
| 2025-05-29 | 96.34 | 84.96 | +1.64 | CBRE ahead |
| 2025-05-28 | 95.58 | 83.96 | +1.71 | CBRE ahead |
| 2025-05-27 | 95.76 | 84.88 | +1.61 | CBRE ahead |
| 2025-05-23 | 93.61 | 82.33 | +1.72 | CBRE ahead |
| 2025-05-22 | 93.07 | 82.04 | +1.71 | CBRE ahead |
| 2025-05-21 | 93.41 | 82.20 | +1.75 | CBRE ahead |
| 2025-05-20 | 99.17 | 87.29 | +1.77 | CBRE ahead |
| 2025-05-19 | 100.84 | 88.30 | +1.85 | CBRE ahead |
| 2025-05-16 | 101.71 | 90.03 | +1.73 | CBRE ahead |
| 2025-05-15 | 100.67 | 89.87 | +1.64 | CBRE ahead |
| 2025-05-14 | 99.74 | 90.06 | +1.52 | CBRE ahead |
| 2025-05-13 | 101.51 | 91.43 | +1.56 | CBRE ahead |
| 2025-05-12 | 102.54 | 91.77 | +1.66 | CBRE ahead |
| 2025-05-09 | 97.83 | 87.62 | +1.67 | CBRE ahead |
| 2025-05-08 | 97.01 | 86.91 | +1.68 | CBRE ahead |
| 2025-05-07 | 96.61 | 87.06 | +1.62 | CBRE ahead |
| 2025-05-06 | 95.73 | 87.71 | +1.42 | CBRE ahead |
| 2025-05-05 | 97.34 | 88.84 | +1.48 | CBRE ahead |
| 2025-05-02 | 97.81 | 89.46 | +1.47 | CBRE ahead |
| 2025-05-01 | 95.46 | 87.56 | +1.44 | CBRE ahead |
| 2025-04-30 | 94.42 | 86.77 | +1.43 | CBRE ahead |
| 2025-04-29 | 94.09 | 87.13 | +1.34 | CBRE ahead |
| 2025-04-28 | 93.79 | 86.60 | +1.39 | CBRE ahead |
| 2025-04-25 | 93.30 | 85.69 | +1.47 | CBRE ahead |
| 2025-04-24 | 94.96 | 85.85 | +1.70 | CBRE ahead |
| 2025-04-23 | 94.32 | 83.60 | +1.98 | CBRE ahead |
| 2025-04-22 | 91.34 | 80.38 | +2.10 | CBRE ahead |
| 2025-04-21 | 89.30 | 78.06 | +2.22 | CBRE ahead |
| 2025-04-17 | 90.90 | 80.56 | +2.06 | CBRE ahead |
| 2025-04-16 | 90.58 | 80.38 | +2.07 | CBRE ahead |
| 2025-04-15 | 91.72 | 82.23 | +1.94 | CBRE ahead |
| 2025-04-14 | 91.97 | 82.12 | +2.02 | CBRE ahead |
| 2025-04-11 | 89.61 | 80.49 | +1.96 | CBRE ahead |
| 2025-04-10 | 90.15 | 81.39 | +1.90 | CBRE ahead |
| 2025-04-09 | 93.72 | 85.28 | +1.81 | CBRE ahead |
| 2025-04-08 | 88.05 | 79.40 | +1.96 | CBRE ahead |
| 2025-04-07 | 90.53 | 81.91 | +1.93 | CBRE ahead |
| 2025-04-04 | 91.25 | 83.78 | +1.73 | CBRE ahead |
| 2025-04-03 | 95.70 | 88.52 | +1.64 | CBRE ahead |
| 2025-04-02 | 103.01 | 95.72 | +1.58 | CBRE ahead |
| 2025-04-01 | 101.24 | 93.86 | +1.62 | CBRE ahead |
| 2025-03-31 | 101.07 | 94.59 | +1.49 | CBRE ahead |
| 2025-03-28 | 100.05 | 93.83 | +1.47 | CBRE ahead |
| 2025-03-27 | 101.64 | 95.59 | +1.43 | CBRE ahead |
| 2025-03-26 | 102.49 | 97.08 | +1.33 | CBRE ahead |
| 2025-03-25 | 103.38 | 99.09 | +1.16 | CBRE ahead |
| 2025-03-24 | 103.45 | 99.16 | +1.16 | CBRE ahead |
| 2025-03-21 | 100.29 | 95.49 | +1.26 | CBRE ahead |
| 2025-03-20 | 100.56 | 96.66 | +1.12 | CBRE ahead |
| 2025-03-19 | 99.48 | 96.53 | +0.98 | CBRE ahead |
| 2025-03-18 | 97.61 | 94.71 | +0.98 | CBRE ahead |
| 2025-03-17 | 99.46 | 96.72 | +0.95 | CBRE ahead |
| 2025-03-14 | 97.05 | 95.35 | +0.79 | CBRE ahead |
| 2025-03-13 | 94.12 | 91.51 | +0.95 | CBRE ahead |
| 2025-03-12 | 98.33 | 96.53 | +0.81 | CBRE ahead |
| 2025-03-11 | 97.24 | 93.78 | +1.08 | CBRE ahead |
| 2025-03-10 | 97.31 | 92.11 | +1.37 | CBRE ahead |
| 2025-03-07 | 100.82 | 95.44 | +1.37 | CBRE ahead |
| 2025-03-06 | 103.29 | 98.01 | +1.35 | CBRE ahead |
| 2025-03-05 | 109.97 | 103.11 | +1.54 | CBRE ahead |
| 2025-03-04 | 107.87 | 100.13 | +1.71 | CBRE ahead |
| 2025-03-03 | 108.67 | 101.88 | +1.57 | CBRE ahead |
| 2025-02-28 | 109.69 | 103.74 | +1.44 | CBRE ahead |
| 2025-02-27 | 108.02 | 102.17 | +1.45 | CBRE ahead |
| 2025-02-26 | 108.72 | 103.38 | +1.38 | CBRE ahead |
| 2025-02-25 | 107.19 | 101.33 | +1.48 | CBRE ahead |
| 2025-02-24 | 106.56 | 100.70 | +1.49 | CBRE ahead |
| 2025-02-21 | 104.93 | 100.00 | +1.36 | CBRE ahead |
| 2025-02-20 | 109.48 | 103.89 | +1.44 | CBRE ahead |
| 2025-02-19 | 111.04 | 106.56 | +1.27 | CBRE ahead |
| 2025-02-18 | 111.13 | 107.57 | +1.14 | CBRE ahead |
| 2025-02-14 | 111.07 | 107.86 | +1.09 | CBRE ahead |
| 2025-02-13 | 110.61 | 106.58 | +1.22 | CBRE ahead |
| 2025-02-12 | 108.69 | 103.46 | +1.42 | CBRE ahead |
| 2025-02-11 | 109.57 | 105.59 | +1.23 | CBRE ahead |
| 2025-02-10 | 111.17 | 106.63 | +1.32 | CBRE ahead |
| 2025-02-07 | 110.33 | 106.25 | +1.26 | CBRE ahead |
| 2025-02-06 | 111.73 | 107.83 | +1.23 | CBRE ahead |
| 2025-02-05 | 113.70 | 108.65 | +1.40 | CBRE ahead |
| 2025-02-04 | 111.18 | 106.20 | +1.41 | CBRE ahead |
| 2025-02-03 | 110.18 | 105.60 | +1.37 | CBRE ahead |
| 2025-01-31 | 111.85 | 107.91 | +1.27 | CBRE ahead |
| 2025-01-30 | 111.79 | 107.73 | +1.29 | CBRE ahead |
| 2025-01-29 | 109.46 | 106.51 | +1.14 | CBRE ahead |
| 2025-01-28 | 110.20 | 107.37 | +1.12 | CBRE ahead |
| 2025-01-27 | 110.60 | 107.22 | +1.20 | CBRE ahead |
| 2025-01-24 | 109.06 | 105.36 | +1.27 | CBRE ahead |
| 2025-01-23 | 108.98 | 104.50 | +1.40 | CBRE ahead |
| 2025-01-22 | 107.76 | 102.84 | +1.48 | CBRE ahead |
| 2025-01-21 | 108.92 | 103.39 | +1.58 | CBRE ahead |
| 2025-01-17 | 105.80 | 99.85 | +1.69 | CBRE ahead |
| 2025-01-16 | 104.13 | 99.02 | +1.57 | CBRE ahead |
| 2025-01-15 | 101.47 | 97.76 | +1.36 | CBRE ahead |
| 2025-01-14 | 96.53 | 91.75 | +1.60 | CBRE ahead |
| 2025-01-13 | 95.49 | 90.81 | +1.60 | CBRE ahead |
| 2025-01-10 | 95.57 | 90.88 | +1.61 | CBRE ahead |
| 2025-01-08 | 100.29 | 94.60 | +1.77 | CBRE ahead |
| 2025-01-07 | 99.41 | 95.09 | +1.54 | CBRE ahead |
| 2025-01-06 | 102.31 | 97.79 | +1.56 | CBRE ahead |
| 2025-01-03 | 101.62 | 96.90 | +1.61 | CBRE ahead |
| 2025-01-02 | 100.39 | 95.13 | +1.73 | CBRE ahead |
| 2024-12-31 | 101.46 | 96.59 | +1.66 | CBRE ahead |
| 2024-12-30 | 100.67 | 96.22 | +1.60 | CBRE ahead |
| 2024-12-27 | 100.95 | 96.20 | +1.66 | CBRE ahead |
| 2024-12-26 | 102.01 | 97.21 | +1.67 | CBRE ahead |
| 2024-12-24 | 101.95 | 97.48 | +1.62 | CBRE ahead |
| 2024-12-23 | 100.86 | 96.95 | +1.53 | CBRE ahead |
| 2024-12-20 | 99.81 | 96.44 | +1.45 | CBRE ahead |
| 2024-12-19 | 97.10 | 94.22 | +1.37 | CBRE ahead |
| 2024-12-18 | 99.63 | 97.44 | +1.23 | CBRE ahead |
| 2024-12-17 | 104.97 | 102.36 | +1.29 | CBRE ahead |
| 2024-12-16 | 106.59 | 103.70 | +1.34 | CBRE ahead |
| 2024-12-13 | 106.11 | 102.86 | +1.41 | CBRE ahead |
| 2024-12-12 | 107.95 | 104.79 | +1.39 | CBRE ahead |
| 2024-12-11 | 106.38 | 105.45 | +1.01 | CBRE ahead |
| 2024-12-10 | 105.01 | 102.50 | +1.29 | CBRE ahead |
| 2024-12-09 | 106.10 | 104.17 | +1.18 | CBRE ahead |
| 2024-12-06 | 106.55 | 105.83 | +0.97 | CBRE ahead |
| 2024-12-05 | 105.43 | 104.35 | +1.04 | CBRE ahead |
| 2024-12-04 | 106.45 | 105.65 | +0.98 | CBRE ahead |
| 2024-12-03 | 105.97 | 106.44 | +0.76 | CBRE ahead |
| 2024-12-02 | 106.95 | 106.13 | +0.98 | CBRE ahead |
| 2024-11-29 | 108.18 | 107.07 | +1.03 | CBRE ahead |
| 2024-11-27 | 108.74 | 107.68 | +1.01 | CBRE ahead |
| 2024-11-26 | 108.52 | 108.07 | +0.91 | CBRE ahead |
| 2024-11-25 | 107.18 | 108.24 | +0.65 | CBRE ahead |
| 2024-11-22 | 104.66 | 100.45 | +1.57 | CBRE ahead |
| 2024-11-21 | 101.74 | 98.79 | +1.36 | CBRE ahead |
| 2024-11-20 | 101.84 | 97.92 | +1.54 | CBRE ahead |
| 2024-11-19 | 102.13 | 98.56 | +1.48 | CBRE ahead |
| 2024-11-18 | 102.53 | 100.07 | +1.27 | CBRE ahead |
| 2024-11-15 | 100.64 | 99.66 | +1.01 | CBRE ahead |
| 2024-11-14 | 102.01 | 100.26 | +1.14 | CBRE ahead |
| 2024-11-13 | 104.75 | 101.89 | +1.32 | CBRE ahead |
| 2024-11-12 | 103.40 | 101.66 | +1.12 | CBRE ahead |
| 2024-11-11 | 104.95 | 104.24 | +0.93 | CBRE ahead |
| 2024-11-08 | 105.16 | 102.66 | +1.23 | CBRE ahead |
| 2024-11-07 | 102.05 | 101.28 | +0.94 | CBRE ahead |
| 2024-11-06 | 100.00 | 100.00 | +0.80 | CBRE ahead |
One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Nov 25, 2024 (CBRE +2.4%, JLL +7.8%); Apr 30, 2026 (CBRE +0.1%, JLL -6.1%); Jul 30, 2026 (CBRE +1.1%, JLL +6.4%); Oct 22, 2026 (CBRE -2.5%, JLL +2.1%); Oct 28, 2026 (CBRE +1.7%, JLL +11.1%).
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 Nov 3, 2026: -8.22% per trade on average after costs, 0 won.
| Legs | Entered | Exited | Why | Days | Before costs | Costs + borrow | After costs |
|---|---|---|---|---|---|---|---|
| Long JLL · Short CBRE | Jul 7, 2022 | Aug 5, 2022 | divergence stop | 29 | -$801.08 | -$68.32 | -$869.41 (-8.69%) |
| Long JLL · Short CBRE | Apr 20, 2020 | Jun 18, 2020 | divergence stop | 59 | -$823.30 | -$72.85 | -$886.78 (-8.87%) |
| Long CBRE · Short JLL | Nov 9, 2017 | Mar 23, 2018 | divergence stop | 134 | -$578.25 | -$109.11 | -$708.56 (-7.09%) |
Per $10,000 a leg. A replay on today's companies cannot prove an edge.
CBRE and JLL at a glance
CBRE CBRE Group Inc Common Stock Class A
- Listing
- NYSE · SEC CIK 1138118
- Industry
- Real Estate · SIC 6500 Real Estate
- Market value
- $39.1B
- Price history
- 2,534 daily closes, Oct 12, 2016 to Nov 10, 2026
JLL Jones Lang LaSalle Incorporated
- Listing
- NYSE · SEC CIK 1037976
- Industry
- Real Estate · SIC 6531 Real Estate Agents & Managers (For Others)
- Market value
- $17.1B
- Price history
- 2,534 daily closes, Oct 12, 2016 to Nov 10, 2026
Daily prices: Nasdaq.com. Filings and industry codes: SEC EDGAR. Earnings dates: Nasdaq earnings calendar.
Other rivals of CBRE and JLL
| Pair | Status | Ahead now | Industry |
|---|---|---|---|
| CBRE / BEKE | Watchlist | BEKE by 1.55 sd | Real Estate |
| BEKE / JLL | Watchlist | JLL by 0.81 sd | Real Estate |
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.
