GNK-FREE

Sector: Shipping
Currently converging from 0.81 standard deviations

Hedge ratio: 9.38

Cointegration: Over 99%

Avg. holding period: 8 days

σ Equilibrium: 0.91

Profit potential: 452 ticks

You could…

Short GNK and Buy FREE

OII-DVR

Sector: Oil & Gas Equipment & Services
Currently converging from 0.74 standard deviations

Hedge ratio: 5.42

Cointegration: Over 99%

Avg. holding period: 9 days

σ Equilibrium: -0.32

Profit potential: 398 ticks

You could…

Short OII and Buy DVR

CHA-NZT

Sector: Telecom Services - Foreign
Currently converging from 0.23 standard deviations

Hedge ratio: 4.79

Cointegration: Over 99%

Avg. holding period: 16 days

σ Equilibrium: 1.44

Profit potential: 153 ticks

You could…

Short CHA and Buy NZT

BDC-BLDP

Sector: Industrial Electrical Equipment
Currently converging from 0.76 standard deviations

Hedge ratio: 9.21

Cointegration: Over 99%

Avg. holding period: 8 days

σ Equilibrium: 0.4

Profit potential: 320 ticks

You could…

Buy BDC and Short BLDP