text 16 Oct Today’s hot pairs

MLM-ACO

Sector: General Building Materials
Currently converging from 0.38 standard deviations

Hedge ratio:

3.7

Cointegration:

Over 99%

Avg. holding period:

16 days

σ Equilibrium:

3.25

Profit potential:

544 ticks


You could…

Buy MLM and Short ACO







MT-MEA

Sector: Steel & Iron
Currently converging from 0.61 standard deviations

Hedge ratio:

6.67

Cointegration:

Over 99%

Avg. holding period:

13 days

σ Equilibrium:

4.08

Profit potential:

506 ticks


You could…

Short MT and Buy MEA







BIIB-ARIA

Sector: Biotechnology
Currently converging from 0.1 standard deviations

Hedge ratio:

19.15

Cointegration:

Over 99%

Avg. holding period:

23 days

σ Equilibrium:

6.16

Profit potential:

150 ticks


You could…

Short BIIB and Buy ARIA







DSX-ULTR

Sector: Shipping
Currently converging from 0.17 standard deviations

Hedge ratio:

2.27

Cointegration:

Over 99%

Avg. holding period:

15 days

σ Equilibrium:

3.41

Profit potential:

103 ticks


You could…

Buy DSX and Short ULTR




Design crafted by Prashanth Kamalakanthan. Content powered by Tumblr.