ATW-MWE

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

Hedge ratio: 1.42

Cointegration: Over 99%

Avg. holding period: 10 days

σ Equilibrium: 0.27

Profit potential: 320 ticks

You could…

Buy ATW and Short MWE

LULU-OXM

Sector: Textile - Apparel Clothing
Currently converging from 0.45 standard deviations

Hedge ratio: 1.23

Cointegration: Over 99%

Avg. holding period: 13 days

σ Equilibrium: 0.04

Profit potential: 212 ticks

You could…

Buy LULU and Short OXM

RNR-MIG

Sector: Property & Casualty Insurance
Currently converging from 0.26 standard deviations

Hedge ratio: 7.1

Cointegration: Over 99%

Avg. holding period: 17 days

σ Equilibrium: 0.71

Profit potential: 133 ticks

You could…

Short RNR and Buy MIG

GILD-BIIB

Sector: Biotechnology
Currently converging from 0.03 standard deviations

Hedge ratio: 0.9

Cointegration: Over 99%

Avg. holding period: 15 days

σ Equilibrium: 0.63

Profit potential: 17 ticks

You could…

Short GILD and Buy BIIB