text 15 Apr Today’s hot pairs

KEX-ULTR

Sector: Shipping
Currently converging from 0.08 standard deviations

Hedge ratio:

5.08

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

9.62

Profit potential:

111 ticks


You could…

Buy KEX and Short ULTR







NSC-WAB

Sector: Railroads
Currently converging from 0.46 standard deviations

Hedge ratio:

1.26

Cointegration:

Over 99%

Avg. holding period:

8 days

σ Equilibrium:

-0.13

Profit potential:

200 ticks


You could…

Short NSC and Buy WAB







TDW-KEX

Sector: Shipping
Currently converging from 0.5 standard deviations

Hedge ratio:

1.29

Cointegration:

Over 99%

Avg. holding period:

13 days

σ Equilibrium:

0.97

Profit potential:

252 ticks


You could…

Buy TDW and Short KEX







SIAL-FUL

Sector: Specialty Chemicals
Currently converging from 0.78 standard deviations

Hedge ratio:

2.48

Cointegration:

Over 99%

Avg. holding period:

8 days

σ Equilibrium:

0.52

Profit potential:

290 ticks


You could…

Buy SIAL and Short FUL




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