FLS-NDSN

Sector: Diversified Machinery
Currently converging from 0.87 standard deviations

Hedge ratio: 1.83

Cointegration: Over 99%

Avg. holding period: 11 days

σ Equilibrium: -0.25

Profit potential: 741 ticks

You could…

Buy FLS and Short NDSN

ONXX-LXRX

Sector: Biotechnology
Currently converging from 1.15 standard deviations

Hedge ratio: 18.63

Cointegration: Over 99%

Avg. holding period: 12 days

σ Equilibrium: 1.2

Profit potential: 789 ticks

You could…

Buy ONXX and Short LXRX

MT-GNA

Sector: Steel & Iron
Currently converging from 0.15 standard deviations

Hedge ratio: 5.27

Cointegration: Over 99%

Avg. holding period: 11 days

σ Equilibrium: -0.91

Profit potential: 66 ticks

You could…

Short MT and Buy GNA

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