SAP-PWRD

Sector: Application Software
Currently converging from 0.76 standard deviations

Hedge ratio: 2.04

Cointegration: Over 99%

Avg. holding period: 8 days

σ Equilibrium: 0.87

Profit potential: 448 ticks

You could…

Buy SAP and Short PWRD

TCK-PLM

Sector: Industrial Metals & Minerals
Currently converging from 0.52 standard deviations

Hedge ratio: 12.39

Cointegration: Over 99%

Avg. holding period: 9 days

σ Equilibrium: -0.89

Profit potential: 171 ticks

You could…

Buy TCK and Short PLM

MET-SLF

Sector: Life Insurance
Currently converging from 0.56 standard deviations

Hedge ratio: 1.28

Cointegration: Over 99%

Avg. holding period: 7 days

σ Equilibrium: 0.37

Profit potential: 227 ticks

You could…

Buy MET and Short SLF

PPS-NRF

Sector: REIT - Retail
Currently converging from 0.85 standard deviations

Hedge ratio: 4.04

Cointegration: Over 99%

Avg. holding period: 7 days

σ Equilibrium: 0.17

Profit potential: 300 ticks

You could…

Short PPS and Buy NRF