DECK-VLCM

Sector: Textile - Apparel Footwear & Accessories
Currently converging from 0.37 standard deviations

Hedge ratio: 5.56

Cointegration: Over 99%

Avg. holding period: 19 days

σ Equilibrium: 3.03

Profit potential: 750 ticks

You could…

Buy DECK and Short VLCM

MT-MEA

Sector: Steel & Iron
Currently converging from 0.49 standard deviations

Hedge ratio: 6.67

Cointegration: Over 99%

Avg. holding period: 11 days

σ Equilibrium: 4.17

Profit potential: 408 ticks

You could…

Short MT and Buy MEA

RIG-RDC

Sector: Oil & Gas Drilling & Exploration
Currently converging from 0.44 standard deviations

Hedge ratio: 3.56

Cointegration: Over 99%

Avg. holding period: 10 days

σ Equilibrium: 2.12

Profit potential: 365 ticks

You could…

Buy RIG and Short RDC

WAB-GWR

Sector: Railroads
Currently converging from 0.5 standard deviations

Hedge ratio: 1.25

Cointegration: Over 99%

Avg. holding period: 8 days

σ Equilibrium: 0.07

Profit potential: 173 ticks

You could…

Short WAB and Buy GWR