text 12 Oct Today’s hot pairs

FLS-GDI

Sector: Diversified Machinery
Currently converging from 0.74 standard deviations

Hedge ratio:

2.6

Cointegration:

Over 99%

Avg. holding period:

13 days

σ Equilibrium:

-0.16

Profit potential:

609 ticks


You could…

Short FLS and Buy GDI







DHR-CBE

Sector: Conglomerates
Currently converging from 0.61 standard deviations

Hedge ratio:

1.79

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

1.21

Profit potential:

368 ticks


You could…

Buy DHR and Short CBE







TROW-BX

Sector: Asset Management
Currently converging from 0.49 standard deviations

Hedge ratio:

3.09

Cointegration:

Over 99%

Avg. holding period:

13 days

σ Equilibrium:

3.01

Profit potential:

410 ticks


You could…

Buy TROW and Short BX







DIOD-TXCC

Sector: Semiconductor - Integrated Circuits
Currently converging from 0.92 standard deviations

Hedge ratio:

32.22

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

-0.04

Profit potential:

324 ticks


You could…

Buy DIOD and Short TXCC




Design crafted by Prashanth Kamalakanthan. Content powered by Tumblr.