text 24 Nov Today’s hot pairs

PRE-PRA

Sector: Property & Casualty Insurance
Currently converging from 0.29 standard deviations

Hedge ratio:

1.4

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

0

Profit potential:

128 ticks


You could…

Short PRE and Buy PRA







EQ-SDXC

Sector: Diversified Communication Services
Currently converging from 0.05 standard deviations

Hedge ratio:

3.35

Cointegration:

Over 99%

Avg. holding period:

17 days

σ Equilibrium:

2.38

Profit potential:

39 ticks


You could…

Short EQ and Buy SDXC







DRI-CPKI

Sector: Restaurants
Currently converging from 0.54 standard deviations

Hedge ratio:

2.32

Cointegration:

Over 99%

Avg. holding period:

14 days

σ Equilibrium:

0.18

Profit potential:

168 ticks


You could…

Short DRI and Buy CPKI







DSX-SFL

Sector: Shipping
Currently converging from 0.76 standard deviations

Hedge ratio:

1.09

Cointegration:

Over 99%

Avg. holding period:

9 days

σ Equilibrium:

0.62

Profit potential:

204 ticks


You could…

Short DSX and Buy SFL




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