text 29 Dec Today’s hot pairs

TK-ULTR

Sector: Shipping
Currently converging from 0.24 standard deviations

Hedge ratio:

3.54

Cointegration:

Over 99%

Avg. holding period:

9 days

σ Equilibrium:

4.62

Profit potential:

195 ticks


You could…

Short TK and Buy ULTR







R-RRR

Sector: Rental & Leasing Services
Currently converging from 0.34 standard deviations

Hedge ratio:

5.52

Cointegration:

Over 99%

Avg. holding period:

15 days

σ Equilibrium:

-0.52

Profit potential:

320 ticks


You could…

Short R and Buy RRR







ELS-SUI

Sector: REIT - Residential
Currently converging from 0.25 standard deviations

Hedge ratio:

2.55

Cointegration:

Over 99%

Avg. holding period:

13 days

σ Equilibrium:

0.81

Profit potential:

116 ticks


You could…

Buy ELS and Short SUI







WSH-AFSI

Sector: Insurance Brokers
Currently converging from 0.76 standard deviations

Hedge ratio:

2.35

Cointegration:

Over 99%

Avg. holding period:

12 days

σ Equilibrium:

0.36

Profit potential:

231 ticks


You could…

Buy WSH and Short AFSI




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