text 2 Jun Today’s hot pairs

TEVA-ISIS

Sector: Drug Manufacturers - Other
Currently converging from 0.43 standard deviations

Hedge ratio:

3.03

Cointegration:

Over 99%

Avg. holding period:

15 days

σ Equilibrium:

0.85

Profit potential:

246 ticks


You could…

Short TEVA and Buy ISIS







BEN-LAZ

Sector: Asset Management
Currently converging from 0.01 standard deviations

Hedge ratio:

2.61

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

-1.42

Profit potential:

14 ticks


You could…

Buy BEN and Short LAZ







CMI-IEX

Sector: Diversified Machinery
Currently converging from 0.2 standard deviations

Hedge ratio:

1.58

Cointegration:

Over 99%

Avg. holding period:

14 days

σ Equilibrium:

-1.05

Profit potential:

147 ticks


You could…

Buy CMI and Short IEX







JPM-BNS

Sector: Money Center Banks
Currently converging from 0.46 standard deviations

Hedge ratio:

0.93

Cointegration:

Over 99%

Avg. holding period:

15 days

σ Equilibrium:

0.64

Profit potential:

207 ticks


You could…

Short JPM and Buy BNS




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