ACL-SONO

Sector: Medical Instruments & Supplies
Currently converging from 0.47 standard deviations

Hedge ratio: 5.28

Cointegration: Over 99%

Avg. holding period: 13 days

σ Equilibrium: 0.55

Profit potential: 712 ticks

You could…

Short ACL and Buy SONO

CMI-GDI

Sector: Diversified Machinery
Currently converging from 0.49 standard deviations

Hedge ratio: 1.29

Cointegration: Over 99%

Avg. holding period: 13 days

σ Equilibrium: -0.39

Profit potential: 220 ticks

You could…

Short CMI and Buy GDI

MT-MEA

Sector: Steel & Iron
Currently converging from 0.32 standard deviations

Hedge ratio: 6.72

Cointegration: Over 99%

Avg. holding period: 14 days

σ Equilibrium: 4.94

Profit potential: 274 ticks

You could…

Buy MT and Short MEA

RNR-PRE

Sector: Property & Casualty Insurance
Currently converging from 0.51 standard deviations

Hedge ratio: 0.71

Cointegration: Over 99%

Avg. holding period: 7 days

σ Equilibrium: 0.06

Profit potential: 104 ticks

You could…

Buy RNR and Short PRE