APA-ECA

Sector: Independent Oil & Gas
Currently converging from 0.57 standard deviations

Hedge ratio: 1.55

Cointegration: Over 99%

Avg. holding period: 13 days

σ Equilibrium: 0.37

Profit potential: 295 ticks

You could…

Short APA and Buy ECA

GILD-MNTA

Sector: Biotechnology
Currently converging from 0.28 standard deviations

Hedge ratio: 4.23

Cointegration: Over 99%

Avg. holding period: 15 days

σ Equilibrium: 2.23

Profit potential: 266 ticks

You could…

Buy GILD and Short MNTA

DRIV-JCOM

Sector: Internet Software & Services
Currently converging from 0.69 standard deviations

Hedge ratio: 1.54

Cointegration: Over 99%

Avg. holding period: 11 days

σ Equilibrium: -0.01

Profit potential: 245 ticks

You could…

Short DRIV and Buy JCOM

ECA-UPL

Sector: Independent Oil & Gas
Currently converging from 0.5 standard deviations

Hedge ratio: 1.03

Cointegration: Over 99%

Avg. holding period: 19 days

σ Equilibrium: 1.26

Profit potential: 271 ticks

You could…

Short ECA and Buy UPL