text 8 Oct Today’s hot pairs

AMX-FTWR

Sector: Wireless Communications
Currently converging from 0.16 standard deviations

Hedge ratio:

28.85

Cointegration:

Over 99%

Avg. holding period:

13 days

σ Equilibrium:

14.35

Profit potential:

308 ticks


You could…

Buy AMX and Short FTWR







CMI-DRC

Sector: Diversified Machinery
Currently converging from 0.44 standard deviations

Hedge ratio:

1.55

Cointegration:

Over 99%

Avg. holding period:

9 days

σ Equilibrium:

-0.94

Profit potential:

282 ticks


You could…

Buy CMI and Short DRC







CAVM-MLNX

Sector: Semiconductor - Broad Line
Currently converging from 1.24 standard deviations

Hedge ratio:

1.34

Cointegration:

Over 99%

Avg. holding period:

9 days

σ Equilibrium:

0.02

Profit potential:

244 ticks


You could…

Buy CAVM and Short MLNX







DSX-TK

Sector: Shipping
Currently converging from 0.61 standard deviations

Hedge ratio:

0.66

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

0.87

Profit potential:

208 ticks


You could…

Buy DSX and Short TK




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