text 4 Aug Today’s hot pairs

NUVA-VVUS

Sector: Medical Instruments & Supplies
Currently converging from 0.72 standard deviations

Hedge ratio:

6.69

Cointegration:

Over 99%

Avg. holding period:

12 days

σ Equilibrium:

0.78

Profit potential:

379 ticks


You could…

Buy NUVA and Short VVUS







RE-ENH

Sector: Property & Casualty Insurance
Currently converging from 0.36 standard deviations

Hedge ratio:

2.57

Cointegration:

Over 99%

Avg. holding period:

8 days

σ Equilibrium:

0.41

Profit potential:

173 ticks


You could…

Buy RE and Short ENH







SINA-ULTI

Sector: Internet Software & Services
Currently converging from 0.48 standard deviations

Hedge ratio:

1.4

Cointegration:

Over 99%

Avg. holding period:

9 days

σ Equilibrium:

0.58

Profit potential:

216 ticks


You could…

Buy SINA and Short ULTI







TCO-NRF

Sector: REIT - Retail
Currently converging from 0.96 standard deviations

Hedge ratio:

5.8

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

1.19

Profit potential:

448 ticks


You could…

Short TCO and Buy NRF




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