text 1 May Today’s hot arbs

CIEN-VRSN

Currently converging.
Distance to the mean-ratio: 1.9729 standard deviations

Hedge Ratio:

1.14

 Cointegration:

Over 99%

 Correlation:

-0.03

 Mean-ratio standard deviation:

0.1452

 Capture potential:

549 ticks

You could…

Short CIEN and Buy VRSN







DIS-SWK

Currently converging.
Distance to the mean-ratio: 1.4989 standard deviations

Hedge Ratio:

0.62

 Cointegration:

Over 99%

 Correlation:

0.9

 Mean-ratio standard deviation:

0.0841

 Capture potential:

479 ticks

You could…

Buy DIS and Short SWK







KLAC-AMAT

Currently converging.
Distance to the mean-ratio: 1.9131 standard deviations

Hedge Ratio:

2.56

 Cointegration:

Over 99%

 Correlation:

0.88

 Mean-ratio standard deviation:

0.0756

 Capture potential:

176 ticks

You could…

Short KLAC and Buy AMAT




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