MT-MEA

Sector: Steel & Iron
Currently converging from 0.44 standard deviations

Hedge ratio: 6.69

Cointegration: Over 99%

Avg. holding period: 14 days

σ Equilibrium: 4.79

Profit potential: 376 ticks

You could…

Short MT and Buy MEA

JPM-RY

Sector: Money Center Banks
Currently converging from 0.8 standard deviations

Hedge ratio: 0.88

Cointegration: Over 99%

Avg. holding period: 10 days

σ Equilibrium: 0.32

Profit potential: 260 ticks

You could…

Buy JPM and Short RY

ACGL-PRA

Sector: Property & Casualty Insurance
Currently converging from 0.52 standard deviations

Hedge ratio: 1.29

Cointegration: Over 99%

Avg. holding period: 12 days

σ Equilibrium: 0

Profit potential: 180 ticks

You could…

Short ACGL and Buy PRA

WTI-BPZ

Sector: Oil & Gas Drilling & Exploration
Currently converging from 0.81 standard deviations

Hedge ratio: 2.02

Cointegration: Over 99%

Avg. holding period: 13 days

σ Equilibrium: -0.55

Profit potential: 309 ticks

You could…

Buy WTI and Short BPZ