text 23 Dec Today’s hot pairs

R-RRR

Sector: Rental & Leasing Services
Currently converging from 0.37 standard deviations

Hedge ratio:

5.52

Cointegration:

Over 99%

Avg. holding period:

15 days

σ Equilibrium:

-0.52

Profit potential:

348 ticks


You could…

Short R and Buy RRR







CB-ACE

Sector: Property & Casualty Insurance
Currently converging from 0.99 standard deviations

Hedge ratio:

0.93

Cointegration:

Over 99%

Avg. holding period:

8 days

σ Equilibrium:

0.2

Profit potential:

247 ticks


You could…

Short CB and Buy ACE







CL-ACV

Sector: Personal Products
Currently converging from 0.22 standard deviations

Hedge ratio:

2.81

Cointegration:

Over 99%

Avg. holding period:

8 days

σ Equilibrium:

-0.04

Profit potential:

84 ticks


You could…

Short CL and Buy ACV







ONXX-CYTK

Sector: Biotechnology
Currently converging from 0.06 standard deviations

Hedge ratio:

9.37

Cointegration:

Over 99%

Avg. holding period:

22 days

σ Equilibrium:

1.81

Profit potential:

52 ticks


You could…

Short ONXX and Buy CYTK




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