text 15 Jun Today’s hot pairs

ILMN-SVNT

Sector: Biotechnology
Currently converging from 0.22 standard deviations

Hedge ratio:

3.52

Cointegration:

Over 99%

Avg. holding period:

18 days

σ Equilibrium:

3.21

Profit potential:

223 ticks


You could…

Short ILMN and Buy SVNT







OSG-SFL

Sector: Shipping
Currently converging from 1.18 standard deviations

Hedge ratio:

2.69

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

1.1

Profit potential:

579 ticks


You could…

Short OSG and Buy SFL







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







PRE-PRA

Sector: Property & Casualty Insurance
Currently converging from 0.2 standard deviations

Hedge ratio:

1.4

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

0

Profit potential:

90 ticks


You could…

Short PRE and Buy PRA




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