ARG-MSM

Sector: Industrial Equipment Wholesale
Currently converging from 0.47 standard deviations

Hedge ratio: 1.11

Cointegration: Over 99%

Avg. holding period: 8 days

σ Equilibrium: -0.09

Profit potential: 163 ticks

You could…

Buy ARG and Short MSM

PEP-SLE

Sector: Processed & Packaged Goods
Currently converging from 0.59 standard deviations

Hedge ratio: 5.29

Cointegration: Over 99%

Avg. holding period: 15 days

σ Equilibrium: 0.68

Profit potential: 263 ticks

You could…

Buy PEP and Short SLE

MXB-MELI

Sector: Business Services
Currently converging from 0.45 standard deviations

Hedge ratio: 0.78

Cointegration: Over 99%

Avg. holding period: 16 days

σ Equilibrium: 1.65

Profit potential: 235 ticks

You could…

Buy MXB and Short MELI

IVZ-BX

Sector: Asset Management
Currently converging from 0.48 standard deviations

Hedge ratio: 1.5

Cointegration: Over 99%

Avg. holding period: 13 days

σ Equilibrium: 0.68

Profit potential: 119 ticks

You could…

Short IVZ and Buy BX