text 28 May Today’s hot pairs

ETN-FCEL

Sector: Industrial Electrical Equipment
Currently converging from 0.73 standard deviations

Hedge ratio:

10.41

Cointegration:

Over 99%

Avg. holding period:

15 days

σ Equilibrium:

2.06

Profit potential:

734 ticks


You could…

Short ETN and Buy FCEL







INTU-PWRD

Sector: Application Software
Currently converging from 0.44 standard deviations

Hedge ratio:

1.17

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

0.96

Profit potential:

195 ticks


You could…

Short INTU and Buy PWRD







PRE-PRA

Sector: Property & Casualty Insurance
Currently converging from 0.31 standard deviations

Hedge ratio:

1.4

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

0

Profit potential:

140 ticks


You could…

Short PRE and Buy PRA







DTE-BCON

Sector: Electric Utilities
Currently converging from 0.18 standard deviations

Hedge ratio:

30.89

Cointegration:

Over 99%

Avg. holding period:

19 days

σ Equilibrium:

4

Profit potential:

189 ticks


You could…

Short DTE and Buy BCON




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