RE-ENH

Sector: Property & Casualty Insurance
Currently converging from 0.61 standard deviations

Hedge ratio: 2.59

Cointegration: Over 99%

Avg. holding period: 8 days

σ Equilibrium: 0.38

Profit potential: 298 ticks

You could…

Short RE and Buy ENH

PWRD-RNOW

Sector: Application Software
Currently converging from 0.68 standard deviations

Hedge ratio: 1.83

Cointegration: Over 99%

Avg. holding period: 12 days

σ Equilibrium: 0.79

Profit potential: 275 ticks

You could…

Short PWRD and Buy RNOW

TRV-RNR

Sector: Property & Casualty Insurance
Currently converging from 0.73 standard deviations

Hedge ratio: 0.88

Cointegration: Over 99%

Avg. holding period: 8 days

σ Equilibrium: 0.04

Profit potential: 188 ticks

You could…

Buy TRV and Short RNR

ETP-PAA

Sector: Oil & Gas Pipelines
Currently converging from 0.58 standard deviations

Hedge ratio: 0.97

Cointegration: Over 99%

Avg. holding period: 11 days

σ Equilibrium: 0

Profit potential: 132 ticks

You could…

Buy ETP and Short PAA