text 21 May Today’s hot pairs

CMED-SONO

Sector: Medical Instruments & Supplies
Currently converging from 0.41 standard deviations

Hedge ratio:

1.23

Cointegration:

Over 99%

Avg. holding period:

14 days

σ Equilibrium:

-0.5

Profit potential:

241 ticks


You could…

Buy CMED and Short SONO







JWN-GES

Sector: Apparel Stores
Currently converging from 0.47 standard deviations

Hedge ratio:

0.91

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

-0.25

Profit potential:

198 ticks


You could…

Short JWN and Buy GES







NHP-LTC

Sector: REIT - Healthcare Facilities
Currently converging from 0.16 standard deviations

Hedge ratio:

1.26

Cointegration:

Over 99%

Avg. holding period:

7 days

σ Equilibrium:

0.01

Profit potential:

23 ticks


You could…

Short NHP and Buy LTC







MFE-CHKP

Sector: Security Software & Services
Currently converging from 0.89 standard deviations

Hedge ratio:

1.51

Cointegration:

Over 99%

Avg. holding period:

7 days

σ Equilibrium:

0.05

Profit potential:

207 ticks


You could…

Short MFE and Buy CHKP




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