Hilton Worldwide Holdings Inc. vs Intercontinental Hotels Group
WatchlistHLT / IHGPrices through Nov 10, 2026
Why these are rivals: #2 and #3 by market value ($81B vs $25B) in Nasdaq's "Hotels/Resorts" industry; SEC SIC 7011 / 7011 (same major group); #2 and #3 by market value ($81B vs $25B) with SEC SIC 7011 (Hotels & Motels).
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: -1.74 (needs <= -2.873 (5% critical value))
Business leadership
Business size
Annual revenue reported to the SEC. Scale, not market share.
| Year | HLT | IHG | Larger |
|---|---|---|---|
| 2025 | $12.0B | - | - |
| 2024 | $11.2B | - | - |
| 2023 | $10.2B | - | - |
| 2022 | $8.8B | - | - |
| 2021 | $5.8B | - | - |
| 2020 | $4.3B | - | - |
Market value: HLT $81.0B, IHG $25.0B.
Stock leadership
Neither is clearly ahead
Measured against the pair's own last 252 trading days.
The gap is 0.08 standard deviations, close to the usual relationship. 2 lead switches in the last year.
| Price change | 3 mo | 6 mo | 12 mo |
|---|---|---|---|
| HLT | +17.7% | +21.1% | +38.9% |
| IHG | +11.8% | +20.3% | +39.0% |
Relationship
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: 0.71 (needs >= 0.60)
- Fail
- Mean reversion: ADF t-statistic of the spread: -1.74 (needs <= -2.873 (5% critical value))
- Pass
- Speed: half-life of the spread, sessions: 23.60 (needs <= 63)
- Data
- Both stocks current
The twins over two years
Prices side by side, and the gap between them
HLT Hilton Worldwide Holdings Inc. IHG Intercontinental Hotels GroupPrice index, 100 = 2024-11-06. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
Spread z-score: HLT relative to IHG, against the 252 sessions before each day. Above 0: HLT ahead; below 0: IHG ahead. Lines at +/-2 (idea) and +/-4 (stop).
Data table (504 sessions)
| Date | HLT index | IHG index | z | Ahead |
|---|---|---|---|---|
| 2026-11-10 | 154.10 | 152.89 | -0.08 | near the usual relationship |
| 2026-11-09 | 151.45 | 152.38 | -0.37 | near the usual relationship |
| 2026-11-06 | 150.33 | 151.05 | -0.34 | near the usual relationship |
| 2026-11-05 | 150.00 | 148.35 | -0.01 | near the usual relationship |
| 2026-11-04 | 152.79 | 148.72 | +0.32 | near the usual relationship |
| 2026-11-03 | 147.64 | 143.82 | +0.30 | near the usual relationship |
| 2026-11-02 | 148.00 | 145.02 | +0.18 | near the usual relationship |
| 2026-10-30 | 144.84 | 141.80 | +0.20 | near the usual relationship |
| 2026-10-29 | 144.84 | 143.37 | -0.03 | near the usual relationship |
| 2026-10-28 | 141.88 | 141.78 | -0.23 | near the usual relationship |
| 2026-10-27 | 139.86 | 140.35 | -0.32 | near the usual relationship |
| 2026-10-26 | 142.80 | 141.39 | -0.04 | near the usual relationship |
| 2026-10-23 | 141.88 | 137.23 | +0.44 | near the usual relationship |
| 2026-10-22 | 145.30 | 141.78 | +0.26 | near the usual relationship |
| 2026-10-21 | 147.00 | 144.40 | +0.12 | near the usual relationship |
| 2026-10-20 | 145.80 | 144.45 | -0.06 | near the usual relationship |
| 2026-10-19 | 140.42 | 142.74 | -0.60 | IHG ahead |
| 2026-10-16 | 140.05 | 141.77 | -0.51 | IHG ahead |
| 2026-10-15 | 139.18 | 140.40 | -0.45 | near the usual relationship |
| 2026-10-14 | 133.10 | 135.51 | -0.64 | IHG ahead |
| 2026-10-13 | 133.75 | 135.96 | -0.61 | IHG ahead |
| 2026-10-12 | 132.91 | 135.08 | -0.61 | IHG ahead |
| 2026-10-09 | 132.52 | 135.78 | -0.78 | IHG ahead |
| 2026-10-08 | 131.19 | 134.76 | -0.84 | IHG ahead |
| 2026-10-07 | 130.07 | 135.12 | -1.08 | IHG ahead |
| 2026-10-06 | 130.91 | 135.66 | -1.03 | IHG ahead |
| 2026-10-05 | 128.28 | 134.79 | -1.33 | IHG ahead |
| 2026-10-02 | 129.59 | 136.67 | -1.42 | IHG ahead |
| 2026-10-01 | 128.00 | 136.42 | -1.65 | IHG ahead |
| 2026-09-30 | 129.09 | 135.88 | -1.40 | IHG ahead |
| 2026-09-29 | 131.25 | 137.82 | -1.36 | IHG ahead |
| 2026-09-28 | 129.97 | 136.14 | -1.32 | IHG ahead |
| 2026-09-25 | 127.40 | 133.65 | -1.36 | IHG ahead |
| 2026-09-24 | 126.66 | 133.23 | -1.43 | IHG ahead |
| 2026-09-23 | 124.67 | 131.93 | -1.58 | IHG ahead |
| 2026-09-22 | 125.16 | 130.85 | -1.33 | IHG ahead |
| 2026-09-21 | 124.61 | 130.64 | -1.40 | IHG ahead |
| 2026-09-18 | 124.06 | 129.36 | -1.29 | IHG ahead |
| 2026-09-17 | 122.77 | 129.38 | -1.53 | IHG ahead |
| 2026-09-16 | 124.02 | 129.93 | -1.42 | IHG ahead |
| 2026-09-15 | 124.90 | 129.63 | -1.23 | IHG ahead |
| 2026-09-14 | 126.04 | 131.09 | -1.28 | IHG ahead |
| 2026-09-11 | 124.25 | 129.99 | -1.42 | IHG ahead |
| 2026-09-10 | 124.27 | 129.09 | -1.28 | IHG ahead |
| 2026-09-09 | 124.57 | 130.74 | -1.51 | IHG ahead |
| 2026-09-08 | 123.55 | 130.72 | -1.70 | IHG ahead |
| 2026-09-04 | 126.28 | 135.16 | -1.97 | IHG ahead |
| 2026-09-03 | 127.56 | 135.85 | -1.89 | IHG ahead |
| 2026-09-02 | 126.41 | 135.63 | -2.07 | IHG ahead |
| 2026-09-01 | 126.60 | 131.21 | -1.32 | IHG ahead |
| 2026-08-31 | 128.34 | 135.25 | -1.70 | IHG ahead |
| 2026-08-28 | 130.61 | 137.21 | -1.65 | IHG ahead |
| 2026-08-27 | 132.16 | 137.76 | -1.49 | IHG ahead |
| 2026-08-26 | 134.95 | 139.07 | -1.25 | IHG ahead |
| 2026-08-25 | 133.63 | 138.37 | -1.37 | IHG ahead |
| 2026-08-24 | 133.94 | 137.34 | -1.16 | IHG ahead |
| 2026-08-21 | 132.54 | 135.13 | -1.04 | IHG ahead |
| 2026-08-20 | 133.75 | 134.98 | -0.83 | IHG ahead |
| 2026-08-19 | 135.83 | 136.52 | -0.74 | IHG ahead |
| 2026-08-18 | 133.00 | 134.68 | -0.92 | IHG ahead |
| 2026-08-17 | 132.34 | 135.41 | -1.15 | IHG ahead |
| 2026-08-14 | 132.78 | 135.39 | -1.09 | IHG ahead |
| 2026-08-13 | 130.19 | 134.78 | -1.43 | IHG ahead |
| 2026-08-12 | 130.88 | 136.74 | -1.65 | IHG ahead |
| 2026-08-11 | 127.69 | 131.71 | -1.38 | IHG ahead |
| 2026-08-10 | 126.20 | 131.51 | -1.62 | IHG ahead |
| 2026-08-07 | 128.88 | 133.10 | -1.43 | IHG ahead |
| 2026-08-06 | 130.66 | 134.61 | -1.39 | IHG ahead |
| 2026-08-05 | 131.70 | 135.81 | -1.42 | IHG ahead |
| 2026-08-04 | 126.64 | 132.76 | -1.81 | IHG ahead |
| 2026-08-03 | 127.56 | 133.51 | -1.79 | IHG ahead |
| 2026-07-31 | 130.05 | 137.13 | -1.97 | IHG ahead |
| 2026-07-30 | 130.67 | 137.39 | -1.93 | IHG ahead |
| 2026-07-29 | 130.55 | 136.49 | -1.81 | IHG ahead |
| 2026-07-28 | 130.84 | 137.05 | -1.88 | IHG ahead |
| 2026-07-27 | 134.26 | 134.79 | -0.92 | IHG ahead |
| 2026-07-24 | 131.87 | 131.98 | -0.85 | IHG ahead |
| 2026-07-23 | 129.93 | 130.23 | -0.90 | IHG ahead |
| 2026-07-22 | 131.57 | 131.43 | -0.83 | IHG ahead |
| 2026-07-21 | 131.45 | 131.82 | -0.92 | IHG ahead |
| 2026-07-20 | 131.25 | 132.16 | -1.02 | IHG ahead |
| 2026-07-17 | 130.39 | 133.58 | -1.41 | IHG ahead |
| 2026-07-16 | 131.15 | 135.09 | -1.55 | IHG ahead |
| 2026-07-15 | 133.30 | 135.09 | -1.19 | IHG ahead |
| 2026-07-14 | 132.23 | 134.14 | -1.22 | IHG ahead |
| 2026-07-13 | 130.85 | 137.24 | -1.99 | IHG ahead |
| 2026-07-10 | 136.14 | 139.44 | -1.47 | IHG ahead |
| 2026-07-09 | 137.02 | 138.77 | -1.23 | IHG ahead |
| 2026-07-08 | 135.18 | 138.13 | -1.44 | IHG ahead |
| 2026-07-07 | 138.42 | 140.81 | -1.35 | IHG ahead |
| 2026-07-06 | 137.73 | 140.62 | -1.45 | IHG ahead |
| 2026-07-02 | 137.21 | 143.59 | -2.03 | IHG ahead |
| 2026-07-01 | 134.77 | 142.31 | -2.26 | IHG ahead |
| 2026-06-30 | 134.10 | 146.29 | -3.07 | IHG ahead |
| 2026-06-29 | 134.94 | 146.70 | -3.05 | IHG ahead |
| 2026-06-26 | 135.07 | 146.06 | -2.99 | IHG ahead |
| 2026-06-25 | 138.19 | 147.14 | -2.67 | IHG ahead |
| 2026-06-24 | 139.36 | 145.94 | -2.30 | IHG ahead |
| 2026-06-23 | 139.52 | 144.40 | -2.03 | IHG ahead |
| 2026-06-22 | 139.16 | 143.70 | -2.00 | IHG ahead |
| 2026-06-18 | 141.56 | 144.52 | -1.74 | IHG ahead |
| 2026-06-17 | 141.74 | 144.21 | -1.67 | IHG ahead |
| 2026-06-16 | 142.12 | 144.08 | -1.59 | IHG ahead |
| 2026-06-15 | 140.86 | 142.43 | -1.54 | IHG ahead |
| 2026-06-12 | 140.38 | 141.22 | -1.42 | IHG ahead |
| 2026-06-11 | 138.72 | 138.95 | -1.31 | IHG ahead |
| 2026-06-10 | 137.25 | 136.45 | -1.13 | IHG ahead |
| 2026-06-09 | 139.01 | 137.71 | -1.05 | IHG ahead |
| 2026-06-08 | 138.23 | 138.03 | -1.26 | IHG ahead |
| 2026-06-05 | 139.23 | 137.02 | -0.88 | IHG ahead |
| 2026-06-04 | 137.22 | 135.63 | -1.00 | IHG ahead |
| 2026-06-03 | 134.47 | 135.63 | -1.54 | IHG ahead |
| 2026-06-02 | 135.07 | 133.69 | -1.05 | IHG ahead |
| 2026-06-01 | 134.99 | 130.99 | -0.53 | IHG ahead |
| 2026-05-29 | 132.96 | 130.88 | -0.90 | IHG ahead |
| 2026-05-28 | 136.98 | 133.55 | -0.65 | IHG ahead |
| 2026-05-27 | 136.64 | 134.50 | -0.90 | IHG ahead |
| 2026-05-26 | 131.40 | 130.40 | -1.11 | IHG ahead |
| 2026-05-22 | 130.29 | 129.36 | -1.12 | IHG ahead |
| 2026-05-21 | 130.97 | 130.22 | -1.16 | IHG ahead |
| 2026-05-20 | 131.42 | 131.06 | -1.24 | IHG ahead |
| 2026-05-19 | 127.98 | 126.75 | -1.06 | IHG ahead |
| 2026-05-18 | 129.10 | 127.49 | -0.98 | IHG ahead |
| 2026-05-15 | 128.30 | 125.55 | -0.74 | IHG ahead |
| 2026-05-14 | 128.44 | 126.69 | -0.93 | IHG ahead |
| 2026-05-13 | 126.37 | 126.89 | -1.40 | IHG ahead |
| 2026-05-12 | 127.25 | 127.07 | -1.26 | IHG ahead |
| 2026-05-11 | 128.04 | 125.26 | -0.72 | IHG ahead |
| 2026-05-08 | 128.55 | 126.43 | -0.86 | IHG ahead |
| 2026-05-07 | 129.98 | 124.18 | -0.11 | near the usual relationship |
| 2026-05-06 | 130.47 | 123.00 | +0.24 | near the usual relationship |
| 2026-05-05 | 126.92 | 119.87 | +0.20 | near the usual relationship |
| 2026-05-04 | 126.36 | 117.97 | +0.49 | near the usual relationship |
| 2026-05-01 | 129.29 | 120.79 | +0.48 | near the usual relationship |
| 2026-04-30 | 131.51 | 121.58 | +0.75 | HLT ahead |
| 2026-04-29 | 127.62 | 120.30 | +0.27 | near the usual relationship |
| 2026-04-28 | 131.22 | 122.08 | +0.60 | HLT ahead |
| 2026-04-27 | 134.91 | 121.83 | +1.37 | HLT ahead |
| 2026-04-24 | 136.20 | 123.61 | +1.25 | HLT ahead |
| 2026-04-23 | 135.65 | 121.36 | +1.62 | HLT ahead |
| 2026-04-22 | 135.40 | 118.48 | +2.21 | HLT ahead |
| 2026-04-21 | 138.06 | 121.95 | +1.99 | HLT ahead |
| 2026-04-20 | 139.14 | 124.05 | +1.77 | HLT ahead |
| 2026-04-17 | 138.39 | 124.09 | +1.64 | HLT ahead |
| 2026-04-16 | 134.07 | 119.15 | +1.88 | HLT ahead |
| 2026-04-15 | 133.47 | 120.37 | +1.52 | HLT ahead |
| 2026-04-14 | 134.47 | 121.89 | +1.40 | HLT ahead |
| 2026-04-13 | 132.80 | 119.77 | +1.54 | HLT ahead |
| 2026-04-10 | 131.25 | 119.55 | +1.30 | HLT ahead |
| 2026-04-09 | 130.87 | 120.96 | +0.94 | HLT ahead |
| 2026-04-08 | 128.72 | 119.34 | +0.86 | HLT ahead |
| 2026-04-07 | 122.61 | 111.56 | +1.35 | HLT ahead |
| 2026-04-06 | 124.53 | 113.96 | +1.22 | HLT ahead |
| 2026-04-02 | 123.75 | 113.15 | +1.25 | HLT ahead |
| 2026-04-01 | 125.09 | 112.97 | +1.58 | HLT ahead |
| 2026-03-31 | 123.39 | 112.78 | +1.28 | HLT ahead |
| 2026-03-30 | 120.06 | 110.00 | +1.23 | HLT ahead |
| 2026-03-27 | 119.32 | 109.51 | +1.19 | HLT ahead |
| 2026-03-26 | 122.43 | 111.94 | +1.30 | HLT ahead |
| 2026-03-25 | 123.02 | 113.35 | +1.11 | HLT ahead |
| 2026-03-24 | 121.70 | 111.76 | +1.21 | HLT ahead |
| 2026-03-23 | 122.01 | 111.59 | +1.32 | HLT ahead |
| 2026-03-20 | 118.73 | 109.21 | +1.19 | HLT ahead |
| 2026-03-19 | 120.86 | 110.63 | +1.32 | HLT ahead |
| 2026-03-18 | 119.53 | 111.19 | +0.91 | HLT ahead |
| 2026-03-17 | 122.27 | 112.77 | +1.14 | HLT ahead |
| 2026-03-16 | 120.12 | 110.62 | +1.18 | HLT ahead |
| 2026-03-13 | 118.31 | 108.92 | +1.20 | HLT ahead |
| 2026-03-12 | 119.41 | 110.66 | +1.04 | HLT ahead |
| 2026-03-11 | 120.46 | 113.50 | +0.63 | HLT ahead |
| 2026-03-10 | 121.08 | 111.47 | +1.22 | HLT ahead |
| 2026-03-09 | 123.14 | 112.05 | +1.53 | HLT ahead |
| 2026-03-06 | 121.19 | 112.07 | +1.13 | HLT ahead |
| 2026-03-05 | 124.73 | 113.39 | +1.57 | HLT ahead |
| 2026-03-04 | 123.73 | 114.14 | +1.22 | HLT ahead |
| 2026-03-03 | 124.15 | 114.41 | +1.25 | HLT ahead |
| 2026-03-02 | 123.69 | 113.05 | +1.47 | HLT ahead |
| 2026-02-27 | 126.52 | 117.49 | +1.08 | HLT ahead |
| 2026-02-26 | 128.97 | 120.89 | +0.85 | HLT ahead |
| 2026-02-25 | 127.16 | 118.79 | +0.94 | HLT ahead |
| 2026-02-24 | 126.92 | 119.43 | +0.76 | HLT ahead |
| 2026-02-23 | 126.53 | 120.71 | +0.42 | near the usual relationship |
| 2026-02-20 | 128.21 | 122.03 | +0.48 | near the usual relationship |
| 2026-02-19 | 126.90 | 120.93 | +0.46 | near the usual relationship |
| 2026-02-18 | 128.18 | 122.68 | +0.35 | near the usual relationship |
| 2026-02-17 | 128.97 | 125.26 | -0.01 | near the usual relationship |
| 2026-02-13 | 127.67 | 123.48 | +0.10 | near the usual relationship |
| 2026-02-12 | 130.73 | 123.26 | +0.74 | HLT ahead |
| 2026-02-11 | 131.94 | 123.15 | +1.00 | HLT ahead |
| 2026-02-10 | 131.36 | 124.93 | +0.54 | HLT ahead |
| 2026-02-09 | 127.43 | 121.11 | +0.56 | HLT ahead |
| 2026-02-06 | 127.57 | 122.38 | +0.34 | near the usual relationship |
| 2026-02-05 | 125.28 | 120.91 | +0.21 | near the usual relationship |
| 2026-02-04 | 125.31 | 120.81 | +0.24 | near the usual relationship |
| 2026-02-03 | 123.61 | 115.94 | +0.88 | HLT ahead |
| 2026-02-02 | 122.93 | 120.14 | -0.05 | near the usual relationship |
| 2026-01-30 | 121.13 | 115.97 | +0.42 | near the usual relationship |
| 2026-01-29 | 121.45 | 116.04 | +0.47 | near the usual relationship |
| 2026-01-28 | 120.24 | 114.37 | +0.58 | HLT ahead |
| 2026-01-27 | 120.18 | 115.27 | +0.41 | near the usual relationship |
| 2026-01-26 | 120.57 | 114.89 | +0.55 | HLT ahead |
| 2026-01-23 | 120.97 | 117.04 | +0.24 | near the usual relationship |
| 2026-01-22 | 120.08 | 117.64 | -0.02 | near the usual relationship |
| 2026-01-21 | 120.30 | 116.90 | +0.16 | near the usual relationship |
| 2026-01-20 | 117.67 | 113.87 | +0.25 | near the usual relationship |
| 2026-01-16 | 122.08 | 117.64 | +0.34 | near the usual relationship |
| 2026-01-15 | 122.49 | 116.55 | +0.61 | HLT ahead |
| 2026-01-14 | 121.79 | 115.63 | +0.66 | HLT ahead |
| 2026-01-13 | 121.99 | 116.32 | +0.58 | HLT ahead |
| 2026-01-12 | 121.90 | 116.44 | +0.55 | HLT ahead |
| 2026-01-09 | 121.88 | 117.21 | +0.42 | near the usual relationship |
| 2026-01-08 | 121.06 | 117.15 | +0.30 | near the usual relationship |
| 2026-01-07 | 119.10 | 115.23 | +0.31 | near the usual relationship |
| 2026-01-06 | 119.01 | 117.71 | -0.13 | near the usual relationship |
| 2026-01-05 | 115.96 | 116.18 | -0.38 | near the usual relationship |
| 2026-01-02 | 118.89 | 118.60 | -0.29 | near the usual relationship |
| 2025-12-31 | 116.56 | 119.00 | -0.74 | IHG ahead |
| 2025-12-30 | 117.85 | 119.69 | -0.63 | IHG ahead |
| 2025-12-29 | 118.64 | 119.77 | -0.51 | IHG ahead |
| 2025-12-26 | 119.09 | 121.18 | -0.66 | IHG ahead |
| 2025-12-24 | 119.02 | 121.18 | -0.67 | IHG ahead |
| 2025-12-23 | 118.24 | 120.89 | -0.75 | IHG ahead |
| 2025-12-22 | 118.72 | 121.19 | -0.71 | IHG ahead |
| 2025-12-19 | 118.59 | 120.71 | -0.65 | IHG ahead |
| 2025-12-18 | 116.73 | 118.69 | -0.63 | IHG ahead |
| 2025-12-17 | 118.90 | 119.55 | -0.41 | near the usual relationship |
| 2025-12-16 | 115.99 | 118.65 | -0.73 | IHG ahead |
| 2025-12-15 | 116.00 | 118.70 | -0.74 | IHG ahead |
| 2025-12-12 | 113.72 | 117.18 | -0.87 | IHG ahead |
| 2025-12-11 | 112.88 | 115.15 | -0.67 | IHG ahead |
| 2025-12-10 | 110.06 | 112.98 | -0.79 | IHG ahead |
| 2025-12-09 | 109.26 | 111.29 | -0.64 | IHG ahead |
| 2025-12-08 | 109.49 | 112.64 | -0.82 | IHG ahead |
| 2025-12-05 | 110.48 | 112.87 | -0.69 | IHG ahead |
| 2025-12-04 | 110.96 | 114.00 | -0.79 | IHG ahead |
| 2025-12-03 | 113.72 | 116.25 | -0.69 | IHG ahead |
| 2025-12-02 | 114.10 | 114.23 | -0.29 | near the usual relationship |
| 2025-12-01 | 114.86 | 112.22 | +0.17 | near the usual relationship |
| 2025-11-28 | 115.66 | 113.39 | +0.11 | near the usual relationship |
| 2025-11-26 | 115.96 | 114.63 | -0.04 | near the usual relationship |
| 2025-11-25 | 115.54 | 113.79 | +0.03 | near the usual relationship |
| 2025-11-24 | 111.32 | 110.81 | -0.17 | near the usual relationship |
| 2025-11-21 | 111.38 | 110.33 | -0.08 | near the usual relationship |
| 2025-11-20 | 107.26 | 105.34 | +0.09 | near the usual relationship |
| 2025-11-19 | 108.35 | 106.30 | +0.11 | near the usual relationship |
| 2025-11-18 | 108.73 | 106.66 | +0.11 | near the usual relationship |
| 2025-11-17 | 107.96 | 107.44 | -0.15 | near the usual relationship |
| 2025-11-14 | 109.43 | 108.94 | -0.16 | near the usual relationship |
| 2025-11-13 | 109.52 | 109.66 | -0.27 | near the usual relationship |
| 2025-11-12 | 111.51 | 111.94 | -0.31 | near the usual relationship |
| 2025-11-11 | 111.03 | 111.02 | -0.24 | near the usual relationship |
| 2025-11-10 | 111.41 | 111.41 | -0.24 | near the usual relationship |
| 2025-11-07 | 110.91 | 110.01 | -0.09 | near the usual relationship |
| 2025-11-06 | 107.65 | 106.36 | -0.02 | near the usual relationship |
| 2025-11-05 | 107.32 | 106.36 | -0.07 | near the usual relationship |
| 2025-11-04 | 104.95 | 103.25 | +0.06 | near the usual relationship |
| 2025-11-03 | 105.14 | 103.39 | +0.07 | near the usual relationship |
| 2025-10-31 | 104.27 | 102.64 | +0.05 | near the usual relationship |
| 2025-10-30 | 105.58 | 104.16 | +0.01 | near the usual relationship |
| 2025-10-29 | 105.66 | 104.29 | +0.00 | near the usual relationship |
| 2025-10-28 | 105.87 | 104.95 | -0.08 | near the usual relationship |
| 2025-10-27 | 108.03 | 106.03 | +0.11 | near the usual relationship |
| 2025-10-24 | 108.66 | 105.11 | +0.38 | near the usual relationship |
| 2025-10-23 | 108.60 | 103.57 | +0.65 | HLT ahead |
| 2025-10-22 | 111.62 | 105.65 | +0.80 | HLT ahead |
| 2025-10-21 | 107.93 | 103.20 | +0.61 | HLT ahead |
| 2025-10-20 | 105.93 | 101.67 | +0.54 | HLT ahead |
| 2025-10-17 | 105.62 | 102.09 | +0.41 | near the usual relationship |
| 2025-10-16 | 104.48 | 100.29 | +0.54 | HLT ahead |
| 2025-10-15 | 107.58 | 101.69 | +0.84 | HLT ahead |
| 2025-10-14 | 108.92 | 103.32 | +0.77 | HLT ahead |
| 2025-10-13 | 106.87 | 103.56 | +0.37 | near the usual relationship |
| 2025-10-10 | 105.32 | 102.34 | +0.32 | near the usual relationship |
| 2025-10-09 | 105.55 | 103.39 | +0.17 | near the usual relationship |
| 2025-10-08 | 105.53 | 104.83 | -0.09 | near the usual relationship |
| 2025-10-07 | 104.95 | 104.11 | -0.06 | near the usual relationship |
| 2025-10-06 | 105.58 | 105.04 | -0.12 | near the usual relationship |
| 2025-10-03 | 104.87 | 104.72 | -0.19 | near the usual relationship |
| 2025-10-02 | 105.06 | 104.07 | -0.04 | near the usual relationship |
| 2025-10-01 | 104.19 | 102.56 | +0.08 | near the usual relationship |
| 2025-09-30 | 105.28 | 102.47 | +0.30 | near the usual relationship |
| 2025-09-29 | 106.43 | 103.74 | +0.27 | near the usual relationship |
| 2025-09-26 | 106.22 | 104.13 | +0.17 | near the usual relationship |
| 2025-09-25 | 106.03 | 99.54 | +0.98 | HLT ahead |
| 2025-09-24 | 106.79 | 99.99 | +1.04 | HLT ahead |
| 2025-09-23 | 107.01 | 100.38 | +1.01 | HLT ahead |
| 2025-09-22 | 108.18 | 99.94 | +1.31 | HLT ahead |
| 2025-09-19 | 109.00 | 101.21 | +1.22 | HLT ahead |
| 2025-09-18 | 108.06 | 99.81 | +1.33 | HLT ahead |
| 2025-09-17 | 108.11 | 100.08 | +1.30 | HLT ahead |
| 2025-09-16 | 111.14 | 101.93 | +1.49 | HLT ahead |
| 2025-09-15 | 110.07 | 100.98 | +1.50 | HLT ahead |
| 2025-09-12 | 111.48 | 102.26 | +1.51 | HLT ahead |
| 2025-09-11 | 112.90 | 104.29 | +1.39 | HLT ahead |
| 2025-09-10 | 110.82 | 103.32 | +1.21 | HLT ahead |
| 2025-09-09 | 111.58 | 104.51 | +1.13 | HLT ahead |
| 2025-09-08 | 112.73 | 105.61 | +1.13 | HLT ahead |
| 2025-09-05 | 110.50 | 104.12 | +1.02 | HLT ahead |
| 2025-09-04 | 112.84 | 103.17 | +1.61 | HLT ahead |
| 2025-09-03 | 111.59 | 102.58 | +1.52 | HLT ahead |
| 2025-09-02 | 112.00 | 101.42 | +1.83 | HLT ahead |
| 2025-08-29 | 112.02 | 103.63 | +1.41 | HLT ahead |
| 2025-08-28 | 112.12 | 103.81 | +1.40 | HLT ahead |
| 2025-08-27 | 112.16 | 103.45 | +1.48 | HLT ahead |
| 2025-08-26 | 111.73 | 102.10 | +1.68 | HLT ahead |
| 2025-08-25 | 111.22 | 102.23 | +1.57 | HLT ahead |
| 2025-08-22 | 112.61 | 103.70 | +1.54 | HLT ahead |
| 2025-08-21 | 109.24 | 101.42 | +1.38 | HLT ahead |
| 2025-08-20 | 109.52 | 102.26 | +1.26 | HLT ahead |
| 2025-08-19 | 110.27 | 103.15 | +1.23 | HLT ahead |
| 2025-08-18 | 109.22 | 102.61 | +1.14 | HLT ahead |
| 2025-08-15 | 108.64 | 102.31 | +1.10 | HLT ahead |
| 2025-08-14 | 109.70 | 101.56 | +1.45 | HLT ahead |
| 2025-08-13 | 110.72 | 102.76 | +1.40 | HLT ahead |
| 2025-08-12 | 109.07 | 102.04 | +1.24 | HLT ahead |
| 2025-08-11 | 105.93 | 99.21 | +1.22 | HLT ahead |
| 2025-08-08 | 106.44 | 100.90 | +0.97 | HLT ahead |
| 2025-08-07 | 105.88 | 104.59 | +0.13 | near the usual relationship |
| 2025-08-06 | 105.89 | 98.42 | +1.38 | HLT ahead |
| 2025-08-05 | 105.57 | 97.42 | +1.54 | HLT ahead |
| 2025-08-04 | 106.49 | 97.47 | +1.72 | HLT ahead |
| 2025-08-01 | 105.85 | 96.90 | +1.74 | HLT ahead |
| 2025-07-31 | 108.79 | 98.16 | +2.06 | HLT ahead |
| 2025-07-30 | 110.90 | 99.99 | +2.11 | HLT ahead |
| 2025-07-29 | 110.81 | 98.85 | +2.37 | HLT ahead |
| 2025-07-28 | 109.80 | 99.32 | +2.10 | HLT ahead |
| 2025-07-25 | 111.05 | 99.96 | +2.23 | HLT ahead |
| 2025-07-24 | 108.58 | 98.91 | +2.00 | HLT ahead |
| 2025-07-23 | 108.29 | 99.97 | +1.72 | HLT ahead |
| 2025-07-22 | 111.12 | 100.60 | +2.18 | HLT ahead |
| 2025-07-21 | 109.91 | 98.55 | +2.44 | HLT ahead |
| 2025-07-18 | 110.65 | 98.94 | +2.54 | HLT ahead |
| 2025-07-17 | 110.46 | 98.28 | +2.70 | HLT ahead |
| 2025-07-16 | 110.97 | 99.46 | +2.58 | HLT ahead |
| 2025-07-15 | 111.33 | 99.52 | +2.69 | HLT ahead |
| 2025-07-14 | 113.07 | 101.55 | +2.63 | HLT ahead |
| 2025-07-11 | 112.53 | 101.89 | +2.47 | HLT ahead |
| 2025-07-10 | 112.60 | 103.00 | +2.25 | HLT ahead |
| 2025-07-09 | 110.59 | 102.26 | +2.01 | HLT ahead |
| 2025-07-08 | 110.77 | 101.28 | +2.32 | HLT ahead |
| 2025-07-07 | 109.91 | 100.22 | +2.43 | HLT ahead |
| 2025-07-03 | 110.95 | 101.12 | +2.48 | HLT ahead |
| 2025-07-02 | 109.61 | 99.67 | +2.58 | HLT ahead |
| 2025-07-01 | 109.14 | 99.14 | +2.66 | HLT ahead |
| 2025-06-30 | 108.08 | 97.46 | +2.91 | HLT ahead |
| 2025-06-27 | 107.74 | 97.99 | +2.73 | HLT ahead |
| 2025-06-26 | 104.49 | 96.95 | +2.22 | HLT ahead |
| 2025-06-25 | 102.96 | 96.10 | +2.09 | HLT ahead |
| 2025-06-24 | 103.86 | 97.23 | +2.03 | HLT ahead |
| 2025-06-23 | 102.40 | 95.44 | +2.18 | HLT ahead |
| 2025-06-20 | 100.99 | 93.62 | +2.37 | HLT ahead |
| 2025-06-18 | 100.46 | 94.75 | +1.90 | HLT ahead |
| 2025-06-17 | 100.22 | 94.19 | +2.03 | HLT ahead |
| 2025-06-16 | 100.37 | 96.16 | +1.49 | HLT ahead |
| 2025-06-13 | 98.97 | 94.42 | +1.62 | HLT ahead |
| 2025-06-12 | 101.67 | 96.76 | +1.71 | HLT ahead |
| 2025-06-11 | 102.89 | 98.59 | +1.53 | HLT ahead |
| 2025-06-10 | 102.89 | 99.30 | +1.33 | HLT ahead |
| 2025-06-09 | 102.29 | 97.25 | +1.79 | HLT ahead |
| 2025-06-06 | 102.59 | 98.54 | +1.50 | HLT ahead |
| 2025-06-05 | 100.83 | 97.62 | +1.28 | HLT ahead |
| 2025-06-04 | 101.22 | 97.85 | +1.33 | HLT ahead |
| 2025-06-03 | 101.90 | 98.28 | +1.41 | HLT ahead |
| 2025-06-02 | 101.10 | 97.38 | +1.46 | HLT ahead |
| 2025-05-30 | 100.82 | 97.89 | +1.24 | HLT ahead |
| 2025-05-29 | 100.74 | 99.16 | +0.84 | HLT ahead |
| 2025-05-28 | 101.77 | 99.02 | +1.19 | HLT ahead |
| 2025-05-27 | 102.70 | 100.83 | +0.93 | HLT ahead |
| 2025-05-23 | 99.33 | 99.23 | +0.42 | near the usual relationship |
| 2025-05-22 | 100.09 | 99.50 | +0.57 | HLT ahead |
| 2025-05-21 | 100.13 | 99.40 | +0.62 | HLT ahead |
| 2025-05-20 | 102.83 | 101.88 | +0.68 | HLT ahead |
| 2025-05-19 | 104.07 | 102.19 | +0.95 | HLT ahead |
| 2025-05-16 | 103.79 | 103.54 | +0.48 | near the usual relationship |
| 2025-05-15 | 102.46 | 103.66 | +0.06 | near the usual relationship |
| 2025-05-14 | 102.67 | 105.06 | -0.28 | near the usual relationship |
| 2025-05-13 | 103.89 | 104.57 | +0.21 | near the usual relationship |
| 2025-05-12 | 102.43 | 102.11 | +0.50 | HLT ahead |
| 2025-05-09 | 98.61 | 98.13 | +0.56 | HLT ahead |
| 2025-05-08 | 98.68 | 99.19 | +0.27 | near the usual relationship |
| 2025-05-07 | 98.06 | 97.46 | +0.61 | HLT ahead |
| 2025-05-06 | 96.01 | 95.90 | +0.46 | near the usual relationship |
| 2025-05-05 | 96.97 | 96.36 | +0.62 | HLT ahead |
| 2025-05-02 | 97.76 | 95.88 | +1.01 | HLT ahead |
| 2025-05-01 | 94.99 | 93.72 | +0.85 | HLT ahead |
| 2025-04-30 | 91.50 | 91.17 | +0.56 | HLT ahead |
| 2025-04-29 | 91.88 | 90.37 | +0.95 | HLT ahead |
| 2025-04-28 | 89.92 | 90.43 | +0.30 | near the usual relationship |
| 2025-04-25 | 89.12 | 89.76 | +0.26 | near the usual relationship |
| 2025-04-24 | 89.02 | 89.10 | +0.44 | near the usual relationship |
| 2025-04-23 | 87.39 | 87.92 | +0.30 | near the usual relationship |
| 2025-04-22 | 85.48 | 86.90 | -0.01 | near the usual relationship |
| 2025-04-21 | 83.02 | 84.72 | -0.12 | near the usual relationship |
| 2025-04-17 | 85.40 | 85.82 | +0.33 | near the usual relationship |
| 2025-04-16 | 84.85 | 85.13 | +0.38 | near the usual relationship |
| 2025-04-15 | 85.75 | 87.88 | -0.25 | near the usual relationship |
| 2025-04-14 | 85.27 | 87.58 | -0.32 | near the usual relationship |
| 2025-04-11 | 86.19 | 87.85 | -0.09 | near the usual relationship |
| 2025-04-10 | 85.18 | 87.05 | -0.18 | near the usual relationship |
| 2025-04-09 | 88.73 | 88.40 | +0.57 | HLT ahead |
| 2025-04-08 | 81.68 | 81.14 | +0.66 | HLT ahead |
| 2025-04-07 | 82.84 | 82.22 | +0.69 | HLT ahead |
| 2025-04-04 | 84.75 | 85.42 | +0.23 | near the usual relationship |
| 2025-04-03 | 88.21 | 89.19 | +0.14 | near the usual relationship |
| 2025-04-02 | 93.89 | 94.10 | +0.41 | near the usual relationship |
| 2025-04-01 | 92.23 | 92.51 | +0.38 | near the usual relationship |
| 2025-03-31 | 92.34 | 92.61 | +0.39 | near the usual relationship |
| 2025-03-28 | 91.59 | 92.51 | +0.19 | near the usual relationship |
| 2025-03-27 | 94.16 | 94.57 | +0.36 | near the usual relationship |
| 2025-03-26 | 95.30 | 93.95 | +0.91 | HLT ahead |
| 2025-03-25 | 95.23 | 94.17 | +0.82 | HLT ahead |
| 2025-03-24 | 94.37 | 93.70 | +0.71 | HLT ahead |
| 2025-03-21 | 93.06 | 92.67 | +0.63 | HLT ahead |
| 2025-03-20 | 94.11 | 95.22 | +0.17 | near the usual relationship |
| 2025-03-19 | 94.53 | 95.36 | +0.26 | near the usual relationship |
| 2025-03-18 | 92.14 | 94.79 | -0.31 | near the usual relationship |
| 2025-03-17 | 95.22 | 96.68 | +0.08 | near the usual relationship |
| 2025-03-14 | 93.08 | 95.96 | -0.36 | near the usual relationship |
| 2025-03-13 | 90.00 | 94.13 | -0.76 | IHG ahead |
| 2025-03-12 | 92.68 | 96.16 | -0.53 | IHG ahead |
| 2025-03-11 | 94.08 | 97.12 | -0.38 | near the usual relationship |
| 2025-03-10 | 96.94 | 100.02 | -0.35 | near the usual relationship |
| 2025-03-07 | 100.29 | 101.83 | +0.11 | near the usual relationship |
| 2025-03-06 | 101.90 | 101.88 | +0.55 | HLT ahead |
| 2025-03-05 | 105.30 | 106.63 | +0.20 | near the usual relationship |
| 2025-03-04 | 105.33 | 106.29 | +0.30 | near the usual relationship |
| 2025-03-03 | 106.96 | 107.22 | +0.49 | near the usual relationship |
| 2025-02-28 | 107.52 | 107.18 | +0.65 | HLT ahead |
| 2025-02-27 | 105.14 | 107.07 | +0.08 | near the usual relationship |
| 2025-02-26 | 105.49 | 105.89 | +0.47 | near the usual relationship |
| 2025-02-25 | 104.67 | 105.10 | +0.47 | near the usual relationship |
| 2025-02-24 | 105.06 | 104.71 | +0.66 | HLT ahead |
| 2025-02-21 | 105.30 | 104.99 | +0.66 | HLT ahead |
| 2025-02-20 | 108.68 | 108.69 | +0.59 | HLT ahead |
| 2025-02-19 | 109.37 | 109.46 | +0.57 | HLT ahead |
| 2025-02-18 | 109.11 | 110.16 | +0.35 | near the usual relationship |
| 2025-02-14 | 107.89 | 112.88 | -0.54 | IHG ahead |
| 2025-02-13 | 109.37 | 114.00 | -0.44 | near the usual relationship |
| 2025-02-12 | 110.96 | 115.17 | -0.33 | near the usual relationship |
| 2025-02-11 | 109.21 | 113.60 | -0.39 | near the usual relationship |
| 2025-02-10 | 108.54 | 114.93 | -0.84 | IHG ahead |
| 2025-02-07 | 109.44 | 115.40 | -0.74 | IHG ahead |
| 2025-02-06 | 109.72 | 115.29 | -0.65 | IHG ahead |
| 2025-02-05 | 104.63 | 113.12 | -1.38 | IHG ahead |
| 2025-02-04 | 105.00 | 113.16 | -1.31 | IHG ahead |
| 2025-02-03 | 103.99 | 113.43 | -1.62 | IHG ahead |
| 2025-01-31 | 103.91 | 113.84 | -1.75 | IHG ahead |
| 2025-01-30 | 104.20 | 114.41 | -1.82 | IHG ahead |
| 2025-01-29 | 103.04 | 113.35 | -1.89 | IHG ahead |
| 2025-01-28 | 102.93 | 112.87 | -1.82 | IHG ahead |
| 2025-01-27 | 101.34 | 110.82 | -1.77 | IHG ahead |
| 2025-01-24 | 100.53 | 110.77 | -1.98 | IHG ahead |
| 2025-01-23 | 101.49 | 112.13 | -2.07 | IHG ahead |
| 2025-01-22 | 100.64 | 110.26 | -1.86 | IHG ahead |
| 2025-01-21 | 100.43 | 109.72 | -1.79 | IHG ahead |
| 2025-01-17 | 100.07 | 107.17 | -1.27 | IHG ahead |
| 2025-01-16 | 100.09 | 106.46 | -1.09 | IHG ahead |
| 2025-01-15 | 98.98 | 104.38 | -0.85 | IHG ahead |
| 2025-01-14 | 99.41 | 104.36 | -0.73 | IHG ahead |
| 2025-01-13 | 97.99 | 104.10 | -1.05 | IHG ahead |
| 2025-01-10 | 97.67 | 103.53 | -1.00 | IHG ahead |
| 2025-01-08 | 98.73 | 102.95 | -0.55 | IHG ahead |
| 2025-01-07 | 97.95 | 103.70 | -0.97 | IHG ahead |
| 2025-01-06 | 98.83 | 103.58 | -0.69 | IHG ahead |
| 2025-01-03 | 100.04 | 103.72 | -0.40 | near the usual relationship |
| 2025-01-02 | 99.47 | 104.66 | -0.79 | IHG ahead |
| 2024-12-31 | 100.30 | 105.56 | -0.80 | IHG ahead |
| 2024-12-30 | 100.72 | 106.47 | -0.92 | IHG ahead |
| 2024-12-27 | 101.42 | 106.77 | -0.81 | IHG ahead |
| 2024-12-26 | 102.16 | 107.13 | -0.71 | IHG ahead |
| 2024-12-24 | 102.77 | 107.02 | -0.52 | IHG ahead |
| 2024-12-23 | 101.74 | 107.06 | -0.81 | IHG ahead |
| 2024-12-20 | 101.21 | 106.36 | -0.77 | IHG ahead |
| 2024-12-19 | 99.72 | 105.65 | -0.99 | IHG ahead |
| 2024-12-18 | 98.42 | 105.32 | -1.26 | IHG ahead |
| 2024-12-17 | 101.56 | 107.66 | -1.01 | IHG ahead |
| 2024-12-16 | 102.67 | 107.77 | -0.74 | IHG ahead |
| 2024-12-13 | 102.57 | 107.41 | -0.68 | IHG ahead |
| 2024-12-12 | 103.84 | 108.02 | -0.50 | IHG ahead |
| 2024-12-11 | 104.27 | 108.62 | -0.54 | IHG ahead |
| 2024-12-10 | 102.96 | 106.72 | -0.40 | near the usual relationship |
| 2024-12-09 | 101.45 | 107.61 | -1.03 | IHG ahead |
| 2024-12-06 | 104.88 | 110.04 | -0.74 | IHG ahead |
| 2024-12-05 | 103.64 | 110.64 | -1.21 | IHG ahead |
| 2024-12-04 | 103.08 | 108.75 | -0.90 | IHG ahead |
| 2024-12-03 | 101.86 | 108.15 | -1.08 | IHG ahead |
| 2024-12-02 | 101.64 | 106.90 | -0.83 | IHG ahead |
| 2024-11-29 | 102.84 | 106.68 | -0.46 | near the usual relationship |
| 2024-11-27 | 101.62 | 106.48 | -0.74 | IHG ahead |
| 2024-11-26 | 102.67 | 106.22 | -0.41 | near the usual relationship |
| 2024-11-25 | 102.92 | 105.85 | -0.25 | near the usual relationship |
| 2024-11-22 | 102.67 | 104.28 | +0.07 | near the usual relationship |
| 2024-11-21 | 102.19 | 104.75 | -0.17 | near the usual relationship |
| 2024-11-20 | 101.51 | 103.71 | -0.09 | near the usual relationship |
| 2024-11-19 | 101.35 | 103.17 | +0.00 | near the usual relationship |
| 2024-11-18 | 101.06 | 102.89 | -0.02 | near the usual relationship |
| 2024-11-15 | 100.80 | 102.42 | +0.03 | near the usual relationship |
| 2024-11-14 | 101.46 | 102.29 | +0.22 | near the usual relationship |
| 2024-11-13 | 102.52 | 103.32 | +0.22 | near the usual relationship |
| 2024-11-12 | 101.69 | 102.63 | +0.18 | near the usual relationship |
| 2024-11-11 | 101.59 | 103.38 | -0.03 | near the usual relationship |
| 2024-11-08 | 100.50 | 102.33 | -0.06 | near the usual relationship |
| 2024-11-07 | 99.92 | 100.46 | +0.26 | near the usual relationship |
| 2024-11-06 | 100.00 | 100.00 | +0.39 | near the usual relationship |
One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Aug 7, 2025 (HLT -0.0%, IHG +6.3%); Sep 26, 2025 (HLT +0.2%, IHG +4.6%).
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)
3 simulated trades to Nov 3, 2026: -5.37% per trade on average after costs, 1 won.
| Legs | Entered | Exited | Why | Days | Before costs | Costs + borrow | After costs |
|---|---|---|---|---|---|---|---|
| Long IHG · Short HLT | Apr 14, 2021 | Jul 28, 2021 | divergence stop | 105 | -$1,052.81 | -$76.81 | -$1,134.46 (-11.35%) |
| Long IHG · Short HLT | Feb 1, 2019 | Feb 21, 2019 | divergence stop | 20 | -$889.48 | -$68.50 | -$961.58 (-9.62%) |
| Long IHG · Short HLT | Dec 7, 2018 | Jan 7, 2019 | converged | 31 | $559.11 | -$66.89 | $486.67 (+4.87%) |
Per $10,000 a leg. A replay on today's companies cannot prove an edge.
The companies
HLT and IHG at a glance
HLT Hilton Worldwide Holdings Inc.
- Listing
- NYSE · SEC CIK 1585689
- Industry
- Hotels/Resorts · SIC 7011 Hotels & Motels
- Market value
- $81.0B
- Price history
- 2,534 daily closes, Oct 12, 2016 to Nov 10, 2026
IHG Intercontinental Hotels Group
- Listing
- NYSE · SEC CIK 858446
- Industry
- Hotels/Resorts · SIC 7011 Hotels & Motels
- Market value
- $25.0B
- 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.
Related
All pairs →Other rivals of HLT and IHG
Follow the research behind the paper book
Boostio is a research-first platform in private beta: crypto candidates, daily market stories, public paper trading and now rival stocks. Exploring these pages stays free and open.
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.
