ADBE-PWRD

Sector: Application Software
Currently converging from 0.99 standard deviations

Hedge ratio: 1.53

Cointegration: Over 99%

Avg. holding period: 8 days

σ Equilibrium: 0.02

Profit potential: 409 ticks

You could…

Buy ADBE and Short PWRD

GD-ORB

Sector: Aerospace/Defense Products & Services
Currently converging from 0.88 standard deviations

Hedge ratio: 3.49

Cointegration: Over 99%

Avg. holding period: 10 days

σ Equilibrium: -0.24

Profit potential: 450 ticks

You could…

Short GD and Buy ORB

RAIL-GBX

Sector: Railroads
Currently converging from 0.39 standard deviations

Hedge ratio: 1.6

Cointegration: Over 99%

Avg. holding period: 13 days

σ Equilibrium: 2.31

Profit potential: 210 ticks

You could…

Short RAIL and Buy GBX

PWRD-TLEO

Sector: Application Software
Currently converging from 0.18 standard deviations

Hedge ratio: 1.18

Cointegration: Over 99%

Avg. holding period: 11 days

σ Equilibrium: 1.26

Profit potential: 81 ticks

You could…

Short PWRD and Buy TLEO