text 5 Jan Today’s hot pairs

SWN-LINE

Sector: Independent Oil & Gas
Currently converging from 0.4 standard deviations

Hedge ratio:

1.84

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

0.47

Profit potential:

201 ticks


You could…

Buy SWN and Short LINE







MUR-IMO

Sector: Oil & Gas Refining & Marketing
Currently converging from 0.69 standard deviations

Hedge ratio:

1.51

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

-0.42

Profit potential:

324 ticks


You could…

Buy MUR and Short IMO







JPM-BNS

Sector: Money Center Banks
Currently converging from 0.52 standard deviations

Hedge ratio:

0.95

Cointegration:

Over 99%

Avg. holding period:

9 days

σ Equilibrium:

0.57

Profit potential:

223 ticks


You could…

Buy JPM and Short BNS







JPM-CM

Sector: Money Center Banks
Currently converging from 0.61 standard deviations

Hedge ratio:

0.68

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

0.32

Profit potential:

212 ticks


You could…

Buy JPM and Short CM




Design crafted by Prashanth Kamalakanthan. Content powered by Tumblr.