JPM-RY

Sector: Money Center Banks
Currently converging from 1.02 standard deviations

Hedge ratio: 0.88

Cointegration: Over 99%

Avg. holding period: 9 days

σ Equilibrium: 0.29

Profit potential: 315 ticks

You could…

Buy JPM and Short RY

ARD-NOG

Sector: Oil & Gas Drilling & Exploration
Currently converging from 0.34 standard deviations

Hedge ratio: 5.02

Cointegration: Over 99%

Avg. holding period: 12 days

σ Equilibrium: 2.82

Profit potential: 251 ticks

You could…

Buy ARD and Short NOG

SSL-IMO

Sector: Oil & Gas Refining & Marketing
Currently converging from 0.48 standard deviations

Hedge ratio: 0.96

Cointegration: Over 99%

Avg. holding period: 12 days

σ Equilibrium: -0.47

Profit potential: 185 ticks

You could…

Buy SSL and Short IMO

BEZ-CBAK

Sector: Industrial Electrical Equipment
Currently converging from 0.31 standard deviations

Hedge ratio: 7.6

Cointegration: Over 99%

Avg. holding period: 10 days

σ Equilibrium: 1.06

Profit potential: 166 ticks

You could…

Short BEZ and Buy CBAK