text 10 Aug Today’s hot pairs

RIMM-PGI

Sector: Diversified Communication Services
Currently converging from 0.43 standard deviations

Hedge ratio:

7.35

Cointegration:

Over 99%

Avg. holding period:

13 days

σ Equilibrium:

-1.92

Profit potential:

660 ticks


You could…

Short RIMM and Buy PGI







AMT-PGI

Sector: Diversified Communication Services
Currently converging from 0.72 standard deviations

Hedge ratio:

2.95

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

0.54

Profit potential:

266 ticks


You could…

Short AMT and Buy PGI







FRE-AFN

Sector: Mortgage Investment
Currently converging from 0.59 standard deviations

Hedge ratio:

9.86

Cointegration:

Over 99%

Avg. holding period:

7 days

σ Equilibrium:

-2.8

Profit potential:

337 ticks


You could…

Buy FRE and Short AFN







ECA-UPL

Sector: Independent Oil & Gas
Currently converging from 0.53 standard deviations

Hedge ratio:

1.03

Cointegration:

Over 99%

Avg. holding period:

16 days

σ Equilibrium:

1.21

Profit potential:

284 ticks


You could…

Short ECA and Buy UPL




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