text 16 Apr Today’s hot pairs

CEG-APWR

Sector: Electric Utilities
Currently converging from 0.33 standard deviations

Hedge ratio:

3.14

Cointegration:

Over 99%

Avg. holding period:

15 days

σ Equilibrium:

1.29

Profit potential:

385 ticks


You could…

Short CEG and Buy APWR







ANR-GMO

Sector: Industrial Metals & Minerals
Currently converging from 0.31 standard deviations

Hedge ratio:

11.19

Cointegration:

Over 99%

Avg. holding period:

12 days

σ Equilibrium:

5.3

Profit potential:

427 ticks


You could…

Short ANR and Buy GMO







RWT-AFN

Sector: Mortgage Investment
Currently converging from 0.22 standard deviations

Hedge ratio:

14.68

Cointegration:

Over 99%

Avg. holding period:

12 days

σ Equilibrium:

3.39

Profit potential:

118 ticks


You could…

Short RWT and Buy AFN







KWK-CRZO

Sector: Independent Oil & Gas
Currently converging from 1.08 standard deviations

Hedge ratio:

0.56

Cointegration:

Over 99%

Avg. holding period:

9 days

σ Equilibrium:

-0.21

Profit potential:

176 ticks


You could…

Short KWK and Buy CRZO




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