text 31 Dec Today’s hot pairs

FRT-WRE

Sector: REIT - Retail
Currently converging from 0.85 standard deviations

Hedge ratio:

2.28

Cointegration:

Over 99%

Avg. holding period:

15 days

σ Equilibrium:

0.21

Profit potential:

346 ticks


You could…

Short FRT and Buy WRE







CTSH-JDAS

Sector: Business Software & Services
Currently converging from 0.63 standard deviations

Hedge ratio:

1.69

Cointegration:

Over 99%

Avg. holding period:

12 days

σ Equilibrium:

-0.11

Profit potential:

156 ticks


You could…

Short CTSH and Buy JDAS







PRA-AMSF

Sector: Property & Casualty Insurance
Currently converging from 0.09 standard deviations

Hedge ratio:

3.05

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

0.56

Profit potential:

56 ticks


You could…

Buy PRA and Short AMSF







CB-ACGL

Sector: Property & Casualty Insurance
Currently converging from 1.29 standard deviations

Hedge ratio:

0.73

Cointegration:

Over 99%

Avg. holding period:

7 days

σ Equilibrium:

-0.02

Profit potential:

283 ticks


You could…

Buy CB and Short ACGL




Design crafted by Prashanth Kamalakanthan. Content powered by Tumblr.