HDB-CIB

Sector: Foreign Regional Banks
Currently converging from 0.69 standard deviations

Hedge ratio: 2.89

Cointegration: Over 99%

Avg. holding period: 9 days

σ Equilibrium: 0.53

Profit potential: 642 ticks

You could…

Buy HDB and Short CIB

TCK-PLM

Sector: Industrial Metals & Minerals
Currently converging from 0.67 standard deviations

Hedge ratio: 12.19

Cointegration: Over 99%

Avg. holding period: 10 days

σ Equilibrium: -0.64

Profit potential: 251 ticks

You could…

Buy TCK and Short PLM

GILD-ONXX

Sector: Biotechnology
Currently converging from 0.18 standard deviations

Hedge ratio: 1.48

Cointegration: Over 99%

Avg. holding period: 12 days

σ Equilibrium: 0.94

Profit potential: 116 ticks

You could…

Short GILD and Buy ONXX

SRCL-WCN

Sector: Waste Management
Currently converging from 0.66 standard deviations

Hedge ratio: 1.75

Cointegration: Over 99%

Avg. holding period: 12 days

σ Equilibrium: 0.32

Profit potential: 236 ticks

You could…

Buy SRCL and Short WCN