CMI-GDI

Sector: Diversified Machinery
Currently converging from 0.55 standard deviations

Hedge ratio: 1.3

Cointegration: Over 99%

Avg. holding period: 13 days

σ Equilibrium: -0.39

Profit potential: 249 ticks

You could…

Buy CMI and Short GDI

BEN-LAZ

Sector: Asset Management
Currently converging from 0.05 standard deviations

Hedge ratio: 2.49

Cointegration: Over 99%

Avg. holding period: 13 days

σ Equilibrium: -0.79

Profit potential: 54 ticks

You could…

Short BEN and Buy LAZ

WAT-MTD

Sector: Scientific & Technical Instruments
Currently converging from 0.54 standard deviations

Hedge ratio: 0.61

Cointegration: Over 99%

Avg. holding period: 10 days

σ Equilibrium: 0.06

Profit potential: 186 ticks

You could…

Buy WAT and Short MTD

ELS-SUI

Sector: REIT - Residential
Currently converging from 0.16 standard deviations

Hedge ratio: 2.57

Cointegration: Over 99%

Avg. holding period: 12 days

σ Equilibrium: 0.77

Profit potential: 71 ticks

You could…

Short ELS and Buy SUI