ATW-MWE

Sector: Oil & Gas Drilling & Exploration
Currently converging from 0.96 standard deviations

Hedge ratio: 1.41

Cointegration: Over 99%

Avg. holding period: 8 days

σ Equilibrium: 0.3

Profit potential: 336 ticks

You could…

Short ATW and Buy MWE

BDC-BLDP

Sector: Industrial Electrical Equipment
Currently converging from 0.56 standard deviations

Hedge ratio: 9

Cointegration: Over 99%

Avg. holding period: 7 days

σ Equilibrium: 0.61

Profit potential: 193 ticks

You could…

Short BDC and Buy BLDP

SPN-NOA

Sector: Oil & Gas Equipment & Services
Currently converging from 0.36 standard deviations

Hedge ratio: 2.88

Cointegration: Over 99%

Avg. holding period: 14 days

σ Equilibrium: 2.33

Profit potential: 176 ticks

You could…

Short SPN and Buy NOA

GMR-ESEA

Sector: Shipping
Currently converging from 0.86 standard deviations

Hedge ratio: 1.96

Cointegration: Over 99%

Avg. holding period: 12 days

σ Equilibrium: 0.3

Profit potential: 183 ticks

You could…

Buy GMR and Short ESEA