text 6 May Today’s hot pairs

OSG-SFL

Sector: Shipping
Currently converging from 0.96 standard deviations

Hedge ratio:

2.68

Cointegration:

Over 99%

Avg. holding period:

7 days

σ Equilibrium:

1.09

Profit potential:

487 ticks


You could…

Short OSG and Buy SFL







RE-ENH

Sector: Property & Casualty Insurance
Currently converging from 0.41 standard deviations

Hedge ratio:

2.59

Cointegration:

Over 99%

Avg. holding period:

8 days

σ Equilibrium:

0.36

Profit potential:

202 ticks


You could…

Short RE and Buy ENH







AAUK-PLM

Sector: Industrial Metals & Minerals
Currently converging from 0.64 standard deviations

Hedge ratio:

8.86

Cointegration:

Over 99%

Avg. holding period:

8 days

σ Equilibrium:

0.7

Profit potential:

194 ticks


You could…

Short AAUK and Buy PLM







JPM-RY

Sector: Money Center Banks
Currently converging from 0.43 standard deviations

Hedge ratio:

0.89

Cointegration:

Over 99%

Avg. holding period:

8 days

σ Equilibrium:

0.24

Profit potential:

137 ticks


You could…

Short JPM and Buy RY




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