text 23 Oct Today’s hot pairs

MT-MEA

Sector: Steel & Iron
Currently converging from 0.68 standard deviations

Hedge ratio:

6.67

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

4.17

Profit potential:

566 ticks


You could…

Short MT and Buy MEA







BEZ-CBAK

Sector: Industrial Electrical Equipment
Currently converging from 0.25 standard deviations

Hedge ratio:

7.69

Cointegration:

Over 99%

Avg. holding period:

9 days

σ Equilibrium:

0.72

Profit potential:

96 ticks


You could…

Buy BEZ and Short CBAK







ACE-PRA

Sector: Property & Casualty Insurance
Currently converging from 0.57 standard deviations

Hedge ratio:

1.02

Cointegration:

Over 99%

Avg. holding period:

16 days

σ Equilibrium:

-0.13

Profit potential:

261 ticks


You could…

Short ACE and Buy PRA







ACGL-PRA

Sector: Property & Casualty Insurance
Currently converging from 0.82 standard deviations

Hedge ratio:

1.29

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

0.01

Profit potential:

289 ticks


You could…

Short ACGL and Buy PRA




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