text 4 Jun Today’s hot pairs

EDU-LRN

Sector: Education & Training Services
Currently converging from 0.94 standard deviations

Hedge ratio:

2.77

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

0.77

Profit potential:

765 ticks


You could…

Short EDU and Buy LRN







NOV-WG

Sector: Oil & Gas Equipment & Services
Currently converging from 0.72 standard deviations

Hedge ratio:

1.95

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

1.9

Profit potential:

472 ticks


You could…

Short NOV and Buy WG







ESS-HME

Sector: REIT - Residential
Currently converging from 0.79 standard deviations

Hedge ratio:

2.2

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

-0.5

Profit potential:

481 ticks


You could…

Buy ESS and Short HME







MRX-LXRX

Sector: Biotechnology
Currently converging from 0.7 standard deviations

Hedge ratio:

9.19

Cointegration:

Over 99%

Avg. holding period:

8 days

σ Equilibrium:

0.61

Profit potential:

197 ticks


You could…

Short MRX and Buy LXRX




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