text 22 Jan Today’s hot pairs

TEVA-ISPH

Sector: Drug Manufacturers - Other
Currently converging from 0.29 standard deviations

Hedge ratio:

10.52

Cointegration:

Over 99%

Avg. holding period:

12 days

σ Equilibrium:

1.36

Profit potential:

197 ticks


You could…

Buy TEVA and Short ISPH







OSG-SFL

Sector: Shipping
Currently converging from 0.84 standard deviations

Hedge ratio:

2.74

Cointegration:

Over 99%

Avg. holding period:

12 days

σ Equilibrium:

1.8

Profit potential:

431 ticks


You could…

Short OSG and Buy SFL







TCK-PLM

Sector: Industrial Metals & Minerals
Currently converging from 0.26 standard deviations

Hedge ratio:

12.19

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

-0.65

Profit potential:

97 ticks


You could…

Buy TCK and Short PLM







WTI-BPZ

Sector: Oil & Gas Drilling & Exploration
Currently converging from 0.83 standard deviations

Hedge ratio:

2.01

Cointegration:

Over 99%

Avg. holding period:

14 days

σ Equilibrium:

-0.6

Profit potential:

313 ticks


You could…

Buy WTI and Short BPZ




Design crafted by Prashanth Kamalakanthan. Content powered by Tumblr.