text 28 Jul Today’s hot pairs

GES-CHRS

Sector: Apparel Stores
Currently converging from 0.77 standard deviations

Hedge ratio:

6.71

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

2.4

Profit potential:

477 ticks


You could…

Buy GES and Short CHRS







TWI-SRI

Sector: Auto Parts
Currently converging from 0.83 standard deviations

Hedge ratio:

2.07

Cointegration:

Over 99%

Avg. holding period:

13 days

σ Equilibrium:

0.69

Profit potential:

276 ticks


You could…

Buy TWI and Short SRI







PRE-PRA

Sector: Property & Casualty Insurance
Currently converging from 0.42 standard deviations

Hedge ratio:

1.4

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

0

Profit potential:

189 ticks


You could…

Buy PRE and Short PRA







MCHP-CRUS

Sector: Semiconductor - Specialized
Currently converging from 0.84 standard deviations

Hedge ratio:

5.48

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

0.32

Profit potential:

262 ticks


You could…

Buy MCHP and Short CRUS




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