FLS-GDI

Sector: Diversified Machinery
Currently converging from 0.94 standard deviations

Hedge ratio: 2.62

Cointegration: Over 99%

Avg. holding period: 13 days

σ Equilibrium: -0.2

Profit potential: 722 ticks

You could…

Short FLS and Buy GDI

CMI-NDSN

Sector: Diversified Machinery
Currently converging from 0.69 standard deviations

Hedge ratio: 0.96

Cointegration: Over 99%

Avg. holding period: 12 days

σ Equilibrium: -0.48

Profit potential: 400 ticks

You could…

Buy CMI and Short NDSN

WX-JAV

Sector: Drug Manufacturers - Major
Currently converging from 1.19 standard deviations

Hedge ratio: 6.9

Cointegration: Over 99%

Avg. holding period: 9 days

σ Equilibrium: -0.43

Profit potential: 308 ticks

You could…

Short WX and Buy JAV

SHPGY-OREX

Sector: Drug Manufacturers - Other
Currently converging from 0.03 standard deviations

Hedge ratio: 5.48

Cointegration: Over 99%

Avg. holding period: 22 days

σ Equilibrium: 4.84

Profit potential: 34 ticks

You could…

Buy SHPGY and Short OREX