text 4 Jan Today’s hot pairs

GNK-ULTR

Sector: Shipping
Currently converging from 0.29 standard deviations

Hedge ratio:

4.63

Cointegration:

Over 99%

Avg. holding period:

8 days

σ Equilibrium:

3.8

Profit potential:

351 ticks


You could…

Buy GNK and Short ULTR







CI-WCG

Sector: Health Care Plans
Currently converging from 0.64 standard deviations

Hedge ratio:

1

Cointegration:

Over 99%

Avg. holding period:

15 days

σ Equilibrium:

1.44

Profit potential:

291 ticks


You could…

Buy CI and Short WCG







CB-ACE

Sector: Property & Casualty Insurance
Currently converging from 0.85 standard deviations

Hedge ratio:

0.93

Cointegration:

Over 99%

Avg. holding period:

7 days

σ Equilibrium:

0.19

Profit potential:

211 ticks


You could…

Short CB and Buy ACE







ONXX-HALO

Sector: Biotechnology
Currently converging from 0.19 standard deviations

Hedge ratio:

5.11

Cointegration:

Over 99%

Avg. holding period:

12 days

σ Equilibrium:

0.74

Profit potential:

141 ticks


You could…

Buy ONXX and Short HALO




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