text 27 Jul Today’s hot pairs

MA-GA

Sector: Business Services
Currently converging from 0.4 standard deviations

Hedge ratio:

20

Cointegration:

Over 99%

Avg. holding period:

13 days

σ Equilibrium:

7.16

Profit potential:

1498 ticks


You could…

Short MA and Buy GA







RIG-ATW

Sector: Oil & Gas Drilling & Exploration
Currently converging from 0.75 standard deviations

Hedge ratio:

2.96

Cointegration:

Over 99%

Avg. holding period:

8 days

σ Equilibrium:

1.37

Profit potential:

507 ticks


You could…

Buy RIG and Short ATW







RE-ENH

Sector: Property & Casualty Insurance
Currently converging from 0.77 standard deviations

Hedge ratio:

2.57

Cointegration:

Over 99%

Avg. holding period:

8 days

σ Equilibrium:

0.41

Profit potential:

370 ticks


You could…

Buy RE and Short ENH







TCK-PLM

Sector: Industrial Metals & Minerals
Currently converging from 0.48 standard deviations

Hedge ratio:

12.32

Cointegration:

Over 99%

Avg. holding period:

9 days

σ Equilibrium:

-0.94

Profit potential:

157 ticks


You could…

Buy TCK and Short PLM




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