text 5 Oct Today’s hot pairs

HAE-MMSI

Sector: Medical Instruments & Supplies
Currently converging from 0.53 standard deviations

Hedge ratio:

3.5

Cointegration:

Over 99%

Avg. holding period:

13 days

σ Equilibrium:

0.87

Profit potential:

367 ticks


You could…

Buy HAE and Short MMSI







BAX-COV

Sector: Medical Instruments & Supplies
Currently converging from 0.22 standard deviations

Hedge ratio:

1.38

Cointegration:

Over 99%

Avg. holding period:

16 days

σ Equilibrium:

0.53

Profit potential:

92 ticks


You could…

Buy BAX and Short COV







PKI-SONO

Sector: Medical Instruments & Supplies
Currently converging from 0.96 standard deviations

Hedge ratio:

0.82

Cointegration:

Over 99%

Avg. holding period:

16 days

σ Equilibrium:

0.06

Profit potential:

225 ticks


You could…

Buy PKI and Short SONO







TRV-AWH

Sector: Property & Casualty Insurance
Currently converging from 0.68 standard deviations

Hedge ratio:

1.09

Cointegration:

Over 99%

Avg. holding period:

12 days

σ Equilibrium:

0.22

Profit potential:

220 ticks


You could…

Buy TRV and Short AWH




Design crafted by Prashanth Kamalakanthan. Content powered by Tumblr.