text 18 Feb Today’s hot pairs

CB-ACGL

Sector: Property & Casualty Insurance
Currently converging from 0.95 standard deviations

Hedge ratio:

0.72

Cointegration:

Over 99%

Avg. holding period:

9 days

σ Equilibrium:

0

Profit potential:

208 ticks


You could…

Buy CB and Short ACGL







GRMN-IIVI

Sector: Scientific & Technical Instruments
Currently converging from 0.19 standard deviations

Hedge ratio:

1.13

Cointegration:

Over 99%

Avg. holding period:

19 days

σ Equilibrium:

0.02

Profit potential:

158 ticks


You could…

Short GRMN and Buy IIVI







ABFS-FWRD

Sector: Trucking
Currently converging from 0.32 standard deviations

Hedge ratio:

1.11

Cointegration:

Over 99%

Avg. holding period:

14 days

σ Equilibrium:

0.62

Profit potential:

119 ticks


You could…

Buy ABFS and Short FWRD







PCU-SLT

Sector: Copper
Currently converging from 0.56 standard deviations

Hedge ratio:

1.92

Cointegration:

Over 99%

Avg. holding period:

12 days

σ Equilibrium:

0.87

Profit potential:

172 ticks


You could…

Buy PCU and Short SLT




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