text 30 Nov Today’s hot pairs

WAT-BRKR

Sector: Scientific & Technical Instruments
Currently converging from 0.28 standard deviations

Hedge ratio:

5.16

Cointegration:

Over 99%

Avg. holding period:

22 days

σ Equilibrium:

3.14

Profit potential:

315 ticks


You could…

Buy WAT and Short BRKR







APC-CEO

Sector: Independent Oil & Gas
Currently converging from 0.47 standard deviations

Hedge ratio:

0.4

Cointegration:

Over 99%

Avg. holding period:

7 days

σ Equilibrium:

0.27

Profit potential:

231 ticks


You could…

Buy APC and Short CEO







JPM-TD

Sector: Money Center Banks
Currently converging from 0.55 standard deviations

Hedge ratio:

0.69

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

0.58

Profit potential:

223 ticks


You could…

Buy JPM and Short TD







ITT-IEX

Sector: Diversified Machinery
Currently converging from 0.77 standard deviations

Hedge ratio:

1.79

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

0.33

Profit potential:

213 ticks


You could…

Buy ITT and Short IEX




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