text 20 Jan Today’s hot pairs

CELG-LXRX

Sector: Biotechnology
Currently converging from 0.75 standard deviations

Hedge ratio:

32.58

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

1.91

Profit potential:

733 ticks


You could…

Buy CELG and Short LXRX







BDC-BLDP

Sector: Industrial Electrical Equipment
Currently converging from 0.45 standard deviations

Hedge ratio:

9

Cointegration:

Over 99%

Avg. holding period:

7 days

σ Equilibrium:

0.78

Profit potential:

151 ticks


You could…

Short BDC and Buy BLDP







FWLT-ICA

Sector: Heavy Construction
Currently converging from 0.38 standard deviations

Hedge ratio:

2.78

Cointegration:

Over 99%

Avg. holding period:

14 days

σ Equilibrium:

1.85

Profit potential:

195 ticks


You could…

Short FWLT and Buy ICA







VNO-EPR

Sector: REIT - Retail
Currently converging from 0.31 standard deviations

Hedge ratio:

1.84

Cointegration:

Over 99%

Avg. holding period:

12 days

σ Equilibrium:

1.56

Profit potential:

169 ticks


You could…

Short VNO and Buy EPR




Design crafted by Prashanth Kamalakanthan. Content powered by Tumblr.