FLS-NDSN

Sector: Diversified Machinery
Currently converging from 0.47 standard deviations

Hedge ratio: 1.84

Cointegration: Over 99%

Avg. holding period: 10 days

σ Equilibrium: -0.29

Profit potential: 390 ticks

You could…

Buy FLS and Short NDSN

GILD-MNTA

Sector: Biotechnology
Currently converging from 0.41 standard deviations

Hedge ratio: 4.28

Cointegration: Over 99%

Avg. holding period: 12 days

σ Equilibrium: 1.69

Profit potential: 332 ticks

You could…

Buy GILD and Short MNTA

MBT-CHU

Sector: Wireless Communications
Currently converging from 0.39 standard deviations

Hedge ratio: 3.53

Cointegration: Over 99%

Avg. holding period: 11 days

σ Equilibrium: -1.57

Profit potential: 382 ticks

You could…

Short MBT and Buy CHU

DHR-CBE

Sector: Conglomerates
Currently converging from 0.51 standard deviations

Hedge ratio: 1.81

Cointegration: Over 99%

Avg. holding period: 9 days

σ Equilibrium: 0.9

Profit potential: 262 ticks

You could…

Buy DHR and Short CBE