text 29 May Today’s hot pairs

MBT-CHU

Sector: Wireless Communications
Currently converging from 0.55 standard deviations

Hedge ratio:

3.68

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

-1.36

Profit potential:

539 ticks


You could…

Buy MBT and Short CHU







LAZ-RMG

Sector: Asset Management
Currently converging from 0.39 standard deviations

Hedge ratio:

1.89

Cointegration:

Over 99%

Avg. holding period:

5 days

σ Equilibrium:

0.42

Profit potential:

131 ticks


You could…

Buy LAZ and Short RMG







FAF-STC

Sector: Surety & Title Insurance
Currently converging from 0.64 standard deviations

Hedge ratio:

1.24

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

0.74

Profit potential:

239 ticks


You could…

Short FAF and Buy STC







JACK-CPKI

Sector: Restaurants
Currently converging from 0.91 standard deviations

Hedge ratio:

1.75

Cointegration:

Over 99%

Avg. holding period:

12 days

σ Equilibrium:

0.43

Profit potential:

233 ticks


You could…

Short JACK and Buy CPKI




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