text 2 Nov Today’s hot pairs

MBT-FTWR

Sector: Wireless Communications
Currently converging from 0.49 standard deviations

Hedge ratio:

47.67

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

6.29

Profit potential:

614 ticks


You could…

Short MBT and Buy FTWR







RE-ENH

Sector: Property & Casualty Insurance
Currently converging from 0.87 standard deviations

Hedge ratio:

2.53

Cointegration:

Over 99%

Avg. holding period:

9 days

σ Equilibrium:

0.53

Profit potential:

410 ticks


You could…

Buy RE and Short ENH







RIG-RDC

Sector: Oil & Gas Drilling & Exploration
Currently converging from 0.15 standard deviations

Hedge ratio:

3.57

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

2.04

Profit potential:

117 ticks


You could…

Buy RIG and Short RDC







DHR-CBE

Sector: Conglomerates
Currently converging from 0.45 standard deviations

Hedge ratio:

1.8

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

1.02

Profit potential:

244 ticks


You could…

Buy DHR and Short CBE




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