text 27 Oct Today’s hot pairs

CRM-ULTI

Sector: Internet Software & Services
Currently converging from 0.59 standard deviations

Hedge ratio:

1.91

Cointegration:

Over 99%

Avg. holding period:

7 days

σ Equilibrium:

0.34

Profit potential:

296 ticks


You could…

Short CRM and Buy ULTI







MT-GNA

Sector: Steel & Iron
Currently converging from 0.85 standard deviations

Hedge ratio:

5.36

Cointegration:

Over 99%

Avg. holding period:

9 days

σ Equilibrium:

-0.83

Profit potential:

411 ticks


You could…

Buy MT and Short GNA







ACE-PRA

Sector: Property & Casualty Insurance
Currently converging from 0.59 standard deviations

Hedge ratio:

1.02

Cointegration:

Over 99%

Avg. holding period:

16 days

σ Equilibrium:

-0.13

Profit potential:

270 ticks


You could…

Short ACE and Buy PRA







TK-ULTR

Sector: Shipping
Currently converging from 0.22 standard deviations

Hedge ratio:

3.44

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

3.74

Profit potential:

159 ticks


You could…

Short TK and Buy ULTR




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