MT-MEA

Sector: Steel & Iron
Currently converging from 0.21 standard deviations

Hedge ratio: 6.78

Cointegration: Over 99%

Avg. holding period: 10 days

σ Equilibrium: 3.74

Profit potential: 191 ticks

You could…

Short MT and Buy MEA

ALXN-ALTH

Sector: Drug Manufacturers - Other
Currently converging from 0.98 standard deviations

Hedge ratio: 5.34

Cointegration: Over 99%

Avg. holding period: 10 days

σ Equilibrium: 0.56

Profit potential: 415 ticks

You could…

Buy ALXN and Short ALTH

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-MFC

Sector: Life Insurance
Currently converging from 0.76 standard deviations

Hedge ratio: 1.59

Cointegration: Over 99%

Avg. holding period: 11 days

σ Equilibrium: 0.32

Profit potential: 295 ticks

You could…

Buy MET and Short MFC