PRE-MRH

Sector: Property & Casualty Insurance
Currently converging from 0.72 standard deviations

Hedge ratio: 4.53

Cointegration: Over 99%

Avg. holding period: 12 days

σ Equilibrium: 0.29

Profit potential: 308 ticks

You could…

Buy PRE and Short MRH

GILD-BIIB

Sector: Biotechnology
Currently converging from 0.42 standard deviations

Hedge ratio: 0.91

Cointegration: Over 99%

Avg. holding period: 16 days

σ Equilibrium: 0.45

Profit potential: 194 ticks

You could…

Buy GILD and Short BIIB

CTV-HSTX

Sector: Communication Equipment
Currently converging from 0.33 standard deviations

Hedge ratio: 4.25

Cointegration: Over 99%

Avg. holding period: 9 days

σ Equilibrium: -0.89

Profit potential: 201 ticks

You could…

Buy CTV and Short HSTX

SM-GPOR

Sector: Independent Oil & Gas
Currently converging from 0.47 standard deviations

Hedge ratio: 3.43

Cointegration: Over 99%

Avg. holding period: 11 days

σ Equilibrium: 1.23

Profit potential: 217 ticks

You could…

Buy SM and Short GPOR