text 29 Jan Today’s hot pairs

OSG-ULTR

Sector: Shipping
Currently converging from 0.28 standard deviations

Hedge ratio:

6.29

Cointegration:

Over 99%

Avg. holding period:

8 days

σ Equilibrium:

10.97

Profit potential:

479 ticks


You could…

Short OSG and Buy ULTR







SNA-LECO

Sector: Small Tools & Accessories
Currently converging from 1.06 standard deviations

Hedge ratio:

0.76

Cointegration:

Over 99%

Avg. holding period:

9 days

σ Equilibrium:

0.35

Profit potential:

299 ticks


You could…

Short SNA and Buy LECO







PLCE-GCO

Sector: Apparel Stores
Currently converging from 0.75 standard deviations

Hedge ratio:

1.19

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

0.55

Profit potential:

386 ticks


You could…

Short PLCE and Buy GCO







BEN-LAZ

Sector: Asset Management
Currently converging from 0.27 standard deviations

Hedge ratio:

2.49

Cointegration:

Over 99%

Avg. holding period:

13 days

σ Equilibrium:

-0.79

Profit potential:

292 ticks


You could…

Short BEN and Buy LAZ




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