CMI-FLS

Sector: Diversified Machinery
Currently converging from 0.96 standard deviations

Hedge ratio: 0.51

Cointegration: Over 99%

Avg. holding period: 8 days

σ Equilibrium: -0.2

Profit potential: 449 ticks

You could…

Buy CMI and Short FLS

PRE-PRA

Sector: Property & Casualty Insurance
Currently converging from 0.46 standard deviations

Hedge ratio: 1.4

Cointegration: Over 99%

Avg. holding period: 10 days

σ Equilibrium: 0

Profit potential: 203 ticks

You could…

Short PRE and Buy PRA

ACGL-THG

Sector: Property & Casualty Insurance
Currently converging from 0.67 standard deviations

Hedge ratio: 1.6

Cointegration: Over 99%

Avg. holding period: 9 days

σ Equilibrium: 0.3

Profit potential: 237 ticks

You could…

Short ACGL and Buy THG

AVB-CPT

Sector: REIT - Residential
Currently converging from 1.17 standard deviations

Hedge ratio: 1.98

Cointegration: Over 99%

Avg. holding period: 7 days

σ Equilibrium: 0.36

Profit potential: 439 ticks

You could…

Buy AVB and Short CPT