text 29 Sep Today’s hot pairs

BIIB-EXEL

Sector: Biotechnology
Currently converging from 0.78 standard deviations

Hedge ratio:

8.58

Cointegration:

Over 99%

Avg. holding period:

16 days

σ Equilibrium:

2.61

Profit potential:

778 ticks


You could…

Buy BIIB and Short EXEL







MBT-CHU

Sector: Wireless Communications
Currently converging from 0.17 standard deviations

Hedge ratio:

3.59

Cointegration:

Over 99%

Avg. holding period:

12 days

σ Equilibrium:

-1.73

Profit potential:

180 ticks


You could…

Buy MBT and Short CHU







BEN-LAZ

Sector: Asset Management
Currently converging from 0.28 standard deviations

Hedge ratio:

2.5

Cointegration:

Over 99%

Avg. holding period:

14 days

σ Equilibrium:

-1.02

Profit potential:

312 ticks


You could…

Short BEN and Buy LAZ







LIHR-CGR

Sector: Gold
Currently converging from 0.23 standard deviations

Hedge ratio:

28.7

Cointegration:

Over 99%

Avg. holding period:

14 days

σ Equilibrium:

1.98

Profit potential:

112 ticks


You could…

Short LIHR and Buy CGR




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