text 28 Sep Today’s hot pairs

ITT-PLL

Sector: Diversified Machinery
Currently converging from 0.42 standard deviations

Hedge ratio:

1.61

Cointegration:

Over 99%

Avg. holding period:

8 days

σ Equilibrium:

0.22

Profit potential:

129 ticks


You could…

Buy ITT and Short PLL







FWLT-ICA

Sector: Heavy Construction
Currently converging from 0.73 standard deviations

Hedge ratio:

2.78

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

1.47

Profit potential:

387 ticks


You could…

Short FWLT and Buy ICA







OSG-SFL

Sector: Shipping
Currently converging from 0.82 standard deviations

Hedge ratio:

2.69

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

1.46

Profit potential:

398 ticks


You could…

Short OSG and Buy SFL







SRCL-WCN

Sector: Waste Management
Currently converging from 0.67 standard deviations

Hedge ratio:

1.77

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

0.31

Profit potential:

252 ticks


You could…

Buy SRCL and Short WCN




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