BIIB-EXEL

Sector: Biotechnology
Currently converging from 0.39 standard deviations

Hedge ratio: 8.34

Cointegration: Over 99%

Avg. holding period: 16 days

σ Equilibrium: 3.23

Profit potential: 431 ticks

You could…

Buy BIIB and Short EXEL

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

MBT-CHU

Sector: Wireless Communications
Currently converging from 0.18 standard deviations

Hedge ratio: 3.6

Cointegration: Over 99%

Avg. holding period: 11 days

σ Equilibrium: -1.69

Profit potential: 190 ticks

You could…

Buy MBT and Short CHU

FRE-AFN

Sector: Mortgage Investment
Currently converging from 0.57 standard deviations

Hedge ratio: 9.49

Cointegration: Over 99%

Avg. holding period: 8 days

σ Equilibrium: -2.71

Profit potential: 304 ticks

You could…

Buy FRE and Short AFN