FLS-NDSN

Sector: Diversified Machinery
Currently converging from 0.86 standard deviations

Hedge ratio: 1.83

Cointegration: Over 99%

Avg. holding period: 10 days

σ Equilibrium: -0.21

Profit potential: 743 ticks

You could…

Buy FLS and Short NDSN

ONXX-ARIA

Sector: Biotechnology
Currently converging from 0.54 standard deviations

Hedge ratio: 13.42

Cointegration: Over 99%

Avg. holding period: 11 days

σ Equilibrium: 2.15

Profit potential: 428 ticks

You could…

Buy ONXX and Short ARIA

CMI-DRC

Sector: Diversified Machinery
Currently converging from 0.3 standard deviations

Hedge ratio: 1.54

Cointegration: Over 99%

Avg. holding period: 9 days

σ Equilibrium: -0.87

Profit potential: 188 ticks

You could…

Short CMI and Buy DRC

ONXX-CYTK

Sector: Biotechnology
Currently converging from 0.38 standard deviations

Hedge ratio: 9.34

Cointegration: Over 99%

Avg. holding period: 18 days

σ Equilibrium: 1.77

Profit potential: 295 ticks

You could…

Buy ONXX and Short CYTK