text 6 Oct Today’s hot pairs

MLM-ACO

Sector: General Building Materials
Currently converging from 0.49 standard deviations

Hedge ratio:

3.7

Cointegration:

Over 99%

Avg. holding period:

17 days

σ Equilibrium:

3.19

Profit potential:

707 ticks


You could…

Short MLM and Buy ACO







MICC-NZT

Sector: Telecom Services - Foreign
Currently converging from 0.65 standard deviations

Hedge ratio:

6.79

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

-0.02

Profit potential:

617 ticks


You could…

Short MICC and Buy NZT







MBT-FTWR

Sector: Wireless Communications
Currently converging from 0.4 standard deviations

Hedge ratio:

38.5

Cointegration:

Over 99%

Avg. holding period:

8 days

σ Equilibrium:

14.65

Profit potential:

950 ticks


You could…

Buy MBT and Short FTWR







JPM-RY

Sector: Money Center Banks
Currently converging from 0.88 standard deviations

Hedge ratio:

0.88

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

0.3

Profit potential:

277 ticks


You could…

Buy JPM and Short RY




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