TCK-PLM

Sector: Industrial Metals & Minerals
Currently converging from 0.45 standard deviations

Hedge ratio: 12.35

Cointegration: Over 99%

Avg. holding period: 9 days

σ Equilibrium: -0.72

Profit potential: 158 ticks

You could…

Buy TCK and Short PLM

JPM-RY

Sector: Money Center Banks
Currently converging from 0.96 standard deviations

Hedge ratio: 0.88

Cointegration: Over 99%

Avg. holding period: 10 days

σ Equilibrium: 0.29

Profit potential: 299 ticks

You could…

Buy JPM and Short RY

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

FRE-AFN

Sector: Mortgage Investment
Currently converging from 0.56 standard deviations

Hedge ratio: 9.49

Cointegration: Over 99%

Avg. holding period: 8 days

σ Equilibrium: -2.71

Profit potential: 298 ticks

You could…

Buy FRE and Short AFN