text 16 Jun Today’s hot pairs

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







WRI-NRF

Sector: REIT - Retail
Currently converging from 0.73 standard deviations

Hedge ratio:

3.81

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

0.7

Profit potential:

242 ticks


You could…

Short WRI and Buy NRF







AXS-ENH

Sector: Property & Casualty Insurance
Currently converging from 1.15 standard deviations

Hedge ratio:

0.97

Cointegration:

Over 99%

Avg. holding period:

7 days

σ Equilibrium:

0.03

Profit potential:

161 ticks


You could…

Buy AXS and Short ENH







BAM-CNS

Sector: Asset Management
Currently converging from 0.23 standard deviations

Hedge ratio:

1.09

Cointegration:

Over 99%

Avg. holding period:

18 days

σ Equilibrium:

0.82

Profit potential:

80 ticks


You could…

Buy BAM and Short CNS




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