text 11 Feb Today’s hot pairs

FLS-NDSN

Sector: Diversified Machinery
Currently converging from 0.78 standard deviations

Hedge ratio:

1.82

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

-0.17

Profit potential:

684 ticks


You could…

Buy FLS and Short NDSN







PRA-AMSF

Sector: Property & Casualty Insurance
Currently converging from 0.33 standard deviations

Hedge ratio:

3.01

Cointegration:

Over 99%

Avg. holding period:

8 days

σ Equilibrium:

0.47

Profit potential:

183 ticks


You could…

Buy PRA and Short AMSF







HK-END

Sector: Independent Oil & Gas
Currently converging from 0.23 standard deviations

Hedge ratio:

18.07

Cointegration:

Over 99%

Avg. holding period:

13 days

σ Equilibrium:

0.9

Profit potential:

105 ticks


You could…

Short HK and Buy END







UEPS-SCOR

Sector: Business Services
Currently converging from 0.95 standard deviations

Hedge ratio:

1.17

Cointegration:

Over 99%

Avg. holding period:

7 days

σ Equilibrium:

0.13

Profit potential:

205 ticks


You could…

Short UEPS and Buy SCOR




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