FLS-GDI

Sector: Diversified Machinery
Currently converging from 1.07 standard deviations

Hedge ratio: 2.63

Cointegration: Over 99%

Avg. holding period: 13 days

σ Equilibrium: -0.23

Profit potential: 774 ticks

You could…

Buy FLS and Short GDI

BMRN-ANX

Sector: Biotechnology
Currently converging from 0.47 standard deviations

Hedge ratio: 84.14

Cointegration: Over 99%

Avg. holding period: 9 days

σ Equilibrium: 2.47

Profit potential: 259 ticks

You could…

Short BMRN and Buy ANX

ATI-PAL

Sector: Industrial Metals & Minerals
Currently converging from 0.12 standard deviations

Hedge ratio: 12.85

Cointegration: Over 99%

Avg. holding period: 7 days

σ Equilibrium: 1.95

Profit potential: 132 ticks

You could…

Buy ATI and Short PAL

BIIB-ARIA

Sector: Biotechnology
Currently converging from 0.28 standard deviations

Hedge ratio: 20.41

Cointegration: Over 99%

Avg. holding period: 14 days

σ Equilibrium: 5.06

Profit potential: 415 ticks

You could…

Buy BIIB and Short ARIA