text 31 Aug Today’s hot pairs

MT-MEA

Sector: Steel & Iron
Currently converging from 0.54 standard deviations

Hedge ratio:

6.72

Cointegration:

Over 99%

Avg. holding period:

12 days

σ Equilibrium:

3.97

Profit potential:

475 ticks


You could…

Short MT and Buy MEA







HWAY-TLCV

Sector: Specialized Health Services
Currently converging from 0.59 standard deviations

Hedge ratio:

20.51

Cointegration:

Over 99%

Avg. holding period:

14 days

σ Equilibrium:

4.08

Profit potential:

445 ticks


You could…

Short HWAY and Buy TLCV







EQ-SDXC

Sector: Diversified Communication Services
Currently converging from 0.15 standard deviations

Hedge ratio:

3.29

Cointegration:

Over 99%

Avg. holding period:

15 days

σ Equilibrium:

2.32

Profit potential:

118 ticks


You could…

Short EQ and Buy SDXC







STV-SNCR

Sector: Application Software
Currently converging from 0.58 standard deviations

Hedge ratio:

0.92

Cointegration:

Over 99%

Avg. holding period:

14 days

σ Equilibrium:

-0.15

Profit potential:

230 ticks


You could…

Buy STV and Short SNCR




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