text 23 Feb Today's hot pairs

WG-TESO

Sector: Oil & Gas Equipment & Services
Currently converging from 1.06 standard deviations

Hedge ratio:

1.32

Cointegration:

Over 99%

Avg. holding period:

13 days

σ Equilibrium:

0.28

Profit potential:

262 ticks


You could…

Buy WG and Short TESO







IRM-RBA

Sector: Business Services
Currently converging from 0.85 standard deviations

Hedge ratio:

1.11

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

0.1

Profit potential:

186 ticks


You could…

Short IRM and Buy RBA







CTV-HSTX

Sector: Communication Equipment
Currently converging from 0.33 standard deviations

Hedge ratio:

4.25

Cointegration:

Over 99%

Avg. holding period:

9 days

σ Equilibrium:

-0.89

Profit potential:

201 ticks


You could…

Buy CTV and Short HSTX







PCU-SLT

Sector: Copper
Currently converging from 0.57 standard deviations

Hedge ratio:

1.92

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

0.87

Profit potential:

174 ticks


You could…

Buy PCU and Short SLT




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