MT-MEA

Sector: Steel & Iron
Currently converging from 0.55 standard deviations

Hedge ratio: 6.81

Cointegration: Over 99%

Avg. holding period: 11 days

σ Equilibrium: 3.58

Profit potential: 512 ticks

You could…

Short MT and Buy MEA

AVB-BRE

Sector: REIT - Residential
Currently converging from 0.49 standard deviations

Hedge ratio: 2.11

Cointegration: Over 99%

Avg. holding period: 9 days

σ Equilibrium: 0.38

Profit potential: 192 ticks

You could…

Short AVB and Buy BRE

ARD-NOG

Sector: Oil & Gas Drilling & Exploration
Currently converging from 0.24 standard deviations

Hedge ratio: 5.06

Cointegration: Over 99%

Avg. holding period: 11 days

σ Equilibrium: 2.98

Profit potential: 179 ticks

You could…

Buy ARD and Short NOG

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