MLM-ACO

Sector: General Building Materials
Currently converging from 0.46 standard deviations

Hedge ratio: 3.7

Cointegration: Over 99%

Avg. holding period: 16 days

σ Equilibrium: 3.13

Profit potential: 663 ticks

You could…

Short MLM and Buy ACO

DRYS-DAC

Sector: Shipping
Currently converging from 0.49 standard deviations

Hedge ratio: 2.94

Cointegration: Over 99%

Avg. holding period: 11 days

σ Equilibrium: -2.27

Profit potential: 495 ticks

You could…

Buy DRYS and Short DAC

OII-DVR

Sector: Oil & Gas Equipment & Services
Currently converging from 0.6 standard deviations

Hedge ratio: 5.37

Cointegration: Over 99%

Avg. holding period: 8 days

σ Equilibrium: -0.2

Profit potential: 337 ticks

You could…

Short OII and Buy DVR

EMS-MNRO

Sector: Consumer Services
Currently converging from 0.47 standard deviations

Hedge ratio: 1.44

Cointegration: Over 99%

Avg. holding period: 9 days

σ Equilibrium: 0.19

Profit potential: 181 ticks

You could…

Short EMS and Buy MNRO