text 28 Dec Today’s hot pairs

ICE-FIS

Sector: Business Services
Currently converging from 0.69 standard deviations

Hedge ratio:

3.94

Cointegration:

Over 99%

Avg. holding period:

16 days

σ Equilibrium:

3.29

Profit potential:

1184 ticks


You could…

Short ICE and Buy FIS







CVD-PRXL

Sector: Research Services
Currently converging from 0.38 standard deviations

Hedge ratio:

3.36

Cointegration:

Over 99%

Avg. holding period:

16 days

σ Equilibrium:

2.92

Profit potential:

296 ticks


You could…

Short CVD and Buy PRXL







HAL-BJS

Sector: Oil & Gas Equipment & Services
Currently converging from 0.54 standard deviations

Hedge ratio:

1.55

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

-0.02

Profit potential:

96 ticks


You could…

Short HAL and Buy BJS







GDI-NDSN

Sector: Diversified Machinery
Currently converging from 0.35 standard deviations

Hedge ratio:

0.7

Cointegration:

Over 99%

Avg. holding period:

12 days

σ Equilibrium:

0.09

Profit potential:

115 ticks


You could…

Buy GDI and Short NDSN




Design crafted by Prashanth Kamalakanthan. Content powered by Tumblr.