text 3 Aug Today’s hot pairs

MUR-SSL

Sector: Oil & Gas Refining & Marketing
Currently converging from 0.56 standard deviations

Hedge ratio:

1.55

Cointegration:

Over 99%

Avg. holding period:

6 days

σ Equilibrium:

0.52

Profit potential:

230 ticks


You could…

Short MUR and Buy SSL







ACGL-PRA

Sector: Property & Casualty Insurance
Currently converging from 1.08 standard deviations

Hedge ratio:

1.3

Cointegration:

Over 99%

Avg. holding period:

13 days

σ Equilibrium:

0

Profit potential:

381 ticks


You could…

Buy ACGL and Short PRA







TWI-SRI

Sector: Auto Parts
Currently converging from 0.74 standard deviations

Hedge ratio:

2.07

Cointegration:

Over 99%

Avg. holding period:

13 days

σ Equilibrium:

0.69

Profit potential:

246 ticks


You could…

Buy TWI and Short SRI







LVS-MGM

Sector: Resorts & Casinos
Currently converging from 0.19 standard deviations

Hedge ratio:

1.32

Cointegration:

Over 99%

Avg. holding period:

12 days

σ Equilibrium:

-1.42

Profit potential:

125 ticks


You could…

Short LVS and Buy MGM




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