text 9 Sep Today’s hot pairs

DHR-CBE

Sector: Conglomerates
Currently converging from 0.45 standard deviations

Hedge ratio:

1.76

Cointegration:

Over 99%

Avg. holding period:

15 days

σ Equilibrium:

1.36

Profit potential:

294 ticks


You could…

Short DHR and Buy CBE







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







TRV-RNR

Sector: Property & Casualty Insurance
Currently converging from 0.57 standard deviations

Hedge ratio:

0.88

Cointegration:

Over 99%

Avg. holding period:

8 days

σ Equilibrium:

0.05

Profit potential:

139 ticks


You could…

Short TRV and Buy RNR







FPL-ORA

Sector: Electric Utilities
Currently converging from 0.32 standard deviations

Hedge ratio:

1.4

Cointegration:

Over 99%

Avg. holding period:

15 days

σ Equilibrium:

1.09

Profit potential:

185 ticks


You could…

Short FPL and Buy ORA




Design crafted by Prashanth Kamalakanthan. Content powered by Tumblr.