text 26 May Today’s hot pairs

INTU-PWRD

Sector: Application Software
Currently converging from 0.69 standard deviations

Hedge ratio:

1.17

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

0.96

Profit potential:

306 ticks


You could…

Short INTU and Buy PWRD







FST-ROSE

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

Hedge ratio:

2.44

Cointegration:

Over 99%

Avg. holding period:

9 days

σ Equilibrium:

0.05

Profit potential:

277 ticks


You could…

Buy FST and Short ROSE







NE-STO

Sector: Oil & Gas Drilling & Exploration
Currently converging from 0.4 standard deviations

Hedge ratio:

1.64

Cointegration:

Over 99%

Avg. holding period:

7 days

σ Equilibrium:

-0.26

Profit potential:

127 ticks


You could…

Buy NE and Short STO







ETP-PAA

Sector: Oil & Gas Pipelines
Currently converging from 0.87 standard deviations

Hedge ratio:

0.97

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

0

Profit potential:

197 ticks


You could…

Buy ETP and Short PAA




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