MT-MEA

Sector: Steel & Iron
Currently converging from 0.3 standard deviations

Hedge ratio: 6.77

Cointegration: Over 99%

Avg. holding period: 12 days

σ Equilibrium: 3.83

Profit potential: 272 ticks

You could…

Buy MT and Short MEA

SLG-NRF

Sector: REIT - Retail
Currently converging from 0.28 standard deviations

Hedge ratio: 10.19

Cointegration: Over 99%

Avg. holding period: 12 days

σ Equilibrium: -3.05

Profit potential: 346 ticks

You could…

Buy SLG and Short NRF

ALXN-ALTH

Sector: Drug Manufacturers - Other
Currently converging from 0.93 standard deviations

Hedge ratio: 5.34

Cointegration: Over 99%

Avg. holding period: 10 days

σ Equilibrium: 0.59

Profit potential: 389 ticks

You could…

Buy ALXN and Short ALTH

TCK-PLM

Sector: Industrial Metals & Minerals
Currently converging from 0.51 standard deviations

Hedge ratio: 12.38

Cointegration: Over 99%

Avg. holding period: 9 days

σ Equilibrium: -0.9

Profit potential: 169 ticks

You could…

Buy TCK and Short PLM