text 13 Jan Today’s hot pairs

VLO-SUF

Sector: Oil & Gas Refining & Marketing
Currently converging from 0.84 standard deviations

Hedge ratio:

14.02

Cointegration:

Over 99%

Avg. holding period:

12 days

σ Equilibrium:

2.01

Profit potential:

527 ticks


You could…

Short VLO and Buy SUF







TCK-PLM

Sector: Industrial Metals & Minerals
Currently converging from 0.47 standard deviations

Hedge ratio:

12.2

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

-0.66

Profit potential:

176 ticks


You could…

Buy TCK and Short PLM







PRE-PRA

Sector: Property & Casualty Insurance
Currently converging from 0.24 standard deviations

Hedge ratio:

1.39

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

0.02

Profit potential:

103 ticks


You could…

Buy PRE and Short PRA







PEP-SLE

Sector: Processed & Packaged Goods
Currently converging from 0.68 standard deviations

Hedge ratio:

5.28

Cointegration:

Over 99%

Avg. holding period:

15 days

σ Equilibrium:

0.7

Profit potential:

305 ticks


You could…

Buy PEP and Short SLE




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