BIIB-ARIA

Sector: Biotechnology
Currently converging from 0.19 standard deviations

Hedge ratio: 19.15

Cointegration: Over 99%

Avg. holding period: 23 days

σ Equilibrium: 6.16

Profit potential: 286 ticks

You could…

Short BIIB and Buy ARIA

TCK-PLM

Sector: Industrial Metals & Minerals
Currently converging from 0.52 standard deviations

Hedge ratio: 12.19

Cointegration: Over 99%

Avg. holding period: 10 days

σ Equilibrium: -0.73

Profit potential: 189 ticks

You could…

Buy TCK and Short PLM

PBR-BBG

Sector: Oil & Gas Drilling & Exploration
Currently converging from 0.87 standard deviations

Hedge ratio: 1.24

Cointegration: Over 99%

Avg. holding period: 7 days

σ Equilibrium: 0.45

Profit potential: 357 ticks

You could…

Short PBR and Buy BBG

BVN-AGT

Sector: Gold
Currently converging from 0.77 standard deviations

Hedge ratio: 59.43

Cointegration: Over 99%

Avg. holding period: 12 days

σ Equilibrium: 1.05

Profit potential: 296 ticks

You could…

Short BVN and Buy AGT