NIHD-FTWR

Sector: Wireless Communications
Currently converging from 0.23 standard deviations

Hedge ratio: 23.1

Cointegration: Over 99%

Avg. holding period: 16 days

σ Equilibrium: 8.58

Profit potential: 353 ticks

You could…

Buy NIHD and Short FTWR

LIHR-CGR

Sector: Gold
Currently converging from 0.37 standard deviations

Hedge ratio: 28.7

Cointegration: Over 99%

Avg. holding period: 14 days

σ Equilibrium: 1.98

Profit potential: 181 ticks

You could…

Short LIHR and Buy CGR

ETP-PAA

Sector: Oil & Gas Pipelines
Currently converging from 0.84 standard deviations

Hedge ratio: 0.96

Cointegration: Over 99%

Avg. holding period: 13 days

σ Equilibrium: -0.04

Profit potential: 186 ticks

You could…

Buy ETP and Short PAA

AXS-RE

Sector: Property & Casualty Insurance
Currently converging from 1.17 standard deviations

Hedge ratio: 0.37

Cointegration: Over 99%

Avg. holding period: 10 days

σ Equilibrium: -0.09

Profit potential: 219 ticks

You could…

Buy AXS and Short RE