ONXX-LXRX

Sector: Biotechnology
Currently converging from 0.62 standard deviations

Hedge ratio: 18.7

Cointegration: Over 99%

Avg. holding period: 11 days

σ Equilibrium: 1.21

Profit potential: 432 ticks

You could…

Buy ONXX and Short LXRX

TEVA-ISPH

Sector: Drug Manufacturers - Other
Currently converging from 0.65 standard deviations

Hedge ratio: 10.46

Cointegration: Over 99%

Avg. holding period: 12 days

σ Equilibrium: 1.41

Profit potential: 461 ticks

You could…

Buy TEVA and Short ISPH

ATI-PAL

Sector: Industrial Metals & Minerals
Currently converging from 0.36 standard deviations

Hedge ratio: 12.65

Cointegration: Over 99%

Avg. holding period: 9 days

σ Equilibrium: 1.85

Profit potential: 339 ticks

You could…

Short ATI and Buy PAL

SPN-NOA

Sector: Oil & Gas Equipment & Services
Currently converging from 0.48 standard deviations

Hedge ratio: 2.92

Cointegration: Over 99%

Avg. holding period: 17 days

σ Equilibrium: 2.42

Profit potential: 230 ticks

You could…

Short SPN and Buy NOA