text 26 Jan Today’s hot pairs

CELG-LXRX

Sector: Biotechnology
Currently converging from 0.89 standard deviations

Hedge ratio:

32.97

Cointegration:

Over 99%

Avg. holding period:

9 days

σ Equilibrium:

1.68

Profit potential:

802 ticks


You could…

Buy CELG and Short LXRX







SWN-LINE

Sector: Independent Oil & Gas
Currently converging from 0.45 standard deviations

Hedge ratio:

1.86

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

0.45

Profit potential:

197 ticks


You could…

Buy SWN and Short LINE







UNT-BBEP

Sector: Oil & Gas Drilling & Exploration
Currently converging from 0.18 standard deviations

Hedge ratio:

3.34

Cointegration:

Over 99%

Avg. holding period:

14 days

σ Equilibrium:

1.26

Profit potential:

148 ticks


You could…

Short UNT and Buy BBEP







ELS-SUI

Sector: REIT - Residential
Currently converging from 0.35 standard deviations

Hedge ratio:

2.57

Cointegration:

Over 99%

Avg. holding period:

12 days

σ Equilibrium:

0.77

Profit potential:

156 ticks


You could…

Buy ELS and Short SUI




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