ONXX-ARIA

Sector: Biotechnology
Currently converging from 0.42 standard deviations

Hedge ratio: 13.22

Cointegration: Over 99%

Avg. holding period: 11 days

σ Equilibrium: 2.37

Profit potential: 363 ticks

You could…

Buy ONXX and Short ARIA

CVD-PRXL

Sector: Research Services
Currently converging from 0.24 standard deviations

Hedge ratio: 3.36

Cointegration: Over 99%

Avg. holding period: 18 days

σ Equilibrium: 2.97

Profit potential: 187 ticks

You could…

Short CVD and Buy PRXL

NBL-COG

Sector: Independent Oil & Gas
Currently converging from 0.48 standard deviations

Hedge ratio: 1.66

Cointegration: Over 99%

Avg. holding period: 15 days

σ Equilibrium: 1.64

Profit potential: 319 ticks

You could…

Buy NBL and Short COG

PRE-PRA

Sector: Property & Casualty Insurance
Currently converging from 0.38 standard deviations

Hedge ratio: 1.39

Cointegration: Over 99%

Avg. holding period: 11 days

σ Equilibrium: 0.02

Profit potential: 163 ticks

You could…

Buy PRE and Short PRA