ALV-FDML

Sector: Auto Parts
Currently converging from 0.74 standard deviations

Hedge ratio: 2.75

Cointegration: Over 99%

Avg. holding period: 9 days

σ Equilibrium: 0.96

Profit potential: 318 ticks

You could…

Buy ALV and Short FDML

CHU-ALVR

Sector: Wireless Communications
Currently converging from 0.71 standard deviations

Hedge ratio: 3.04

Cointegration: Over 99%

Avg. holding period: 12 days

σ Equilibrium: 0.57

Profit potential: 171 ticks

You could…

Buy CHU and Short ALVR

LRCX-ASX

Sector: Semiconductor Equipment & Materials
Currently converging from 0.47 standard deviations

Hedge ratio: 8.67

Cointegration: Over 99%

Avg. holding period: 15 days

σ Equilibrium: 1.01

Profit potential: 181 ticks

You could…

Buy LRCX and Short ASX

TKR-KMT

Sector: Machine Tools & Accessories
Currently converging from 0.31 standard deviations

Hedge ratio: 0.95

Cointegration: Over 99%

Avg. holding period: 14 days

σ Equilibrium: -0.23

Profit potential: 61 ticks

You could…

Buy TKR and Short KMT