text 7 Oct Today’s hot pairs

OSG-HOS

Sector: Shipping
Currently converging from 0.73 standard deviations

Hedge ratio:

1.6

Cointegration:

Over 99%

Avg. holding period:

13 days

σ Equilibrium:

1

Profit potential:

495 ticks


You could…

Buy OSG and Short HOS







VMI-MINI

Sector: Metal Fabrication
Currently converging from 0.59 standard deviations

Hedge ratio:

4.62

Cointegration:

Over 99%

Avg. holding period:

14 days

σ Equilibrium:

-0.07

Profit potential:

551 ticks


You could…

Short VMI and Buy MINI







RE-ENH

Sector: Property & Casualty Insurance
Currently converging from 0.96 standard deviations

Hedge ratio:

2.56

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

0.44

Profit potential:

466 ticks


You could…

Buy RE and Short ENH







LVS-MGM

Sector: Resorts & Casinos
Currently converging from 0.44 standard deviations

Hedge ratio:

1.32

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

-1.23

Profit potential:

256 ticks


You could…

Short LVS and Buy MGM




Design crafted by Prashanth Kamalakanthan. Content powered by Tumblr.