text 23 Jun Today’s hot pairs

LDK-MEI

Sector: Diversified Electronics
Currently converging from 0.76 standard deviations

Hedge ratio:

2.93

Cointegration:

Over 99%

Avg. holding period:

7 days

σ Equilibrium:

-0.94

Profit potential:

606 ticks


You could…

Buy LDK and Short MEI







MS-SFE

Sector: Diversified Investments
Currently converging from 0.91 standard deviations

Hedge ratio:

28.06

Cointegration:

Over 99%

Avg. holding period:

9 days

σ Equilibrium:

0.14

Profit potential:

438 ticks


You could…

Buy MS and Short SFE







OSG-TNK

Sector: Shipping
Currently converging from 0.45 standard deviations

Hedge ratio:

3.54

Cointegration:

Over 99%

Avg. holding period:

7 days

σ Equilibrium:

-0.77

Profit potential:

291 ticks


You could…

Short OSG and Buy TNK







FWLT-ICA

Sector: Heavy Construction
Currently converging from 0.67 standard deviations

Hedge ratio:

2.7

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

1.15

Profit potential:

403 ticks


You could…

Short FWLT and Buy ICA




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