text 30 Oct Today’s hot pairs

DECK-VLCM

Sector: Textile - Apparel Footwear & Accessories
Currently converging from 0.36 standard deviations

Hedge ratio:

5.56

Cointegration:

Over 99%

Avg. holding period:

19 days

σ Equilibrium:

3.03

Profit potential:

729 ticks


You could…

Buy DECK and Short VLCM







ENS-CBAK

Sector: Industrial Electrical Equipment
Currently converging from 0.38 standard deviations

Hedge ratio:

5.9

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

0.41

Profit potential:

166 ticks


You could…

Short ENS and Buy CBAK







LRCX-ASX

Sector: Semiconductor Equipment & Materials
Currently converging from 0.35 standard deviations

Hedge ratio:

8.77

Cointegration:

Over 99%

Avg. holding period:

12 days

σ Equilibrium:

0.96

Profit potential:

135 ticks


You could…

Buy LRCX and Short ASX







PETM-SBH

Sector: Specialty Retail. Other
Currently converging from 0.66 standard deviations

Hedge ratio:

3.1

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

0.51

Profit potential:

183 ticks


You could…

Short PETM and Buy SBH




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