text 30 Mar Today’s hot pairs

GRMN-TRMB

Sector: Scientific & Technical Instruments
Currently converging from 0.45 standard deviations

Hedge ratio:

1.28

Cointegration:

Over 99%

Avg. holding period:

13 days

σ Equilibrium:

-0.1

Profit potential:

234 ticks


You could…

Short GRMN and Buy TRMB







ANSS-MANH

Sector: Technical & System Software
Currently converging from 0.45 standard deviations

Hedge ratio:

1.76

Cointegration:

Over 99%

Avg. holding period:

13 days

σ Equilibrium:

-0.02

Profit potential:

116 ticks


You could…

Buy ANSS and Short MANH







TDW-KEX

Sector: Shipping
Currently converging from 0.47 standard deviations

Hedge ratio:

1.28

Cointegration:

Over 99%

Avg. holding period:

13 days

σ Equilibrium:

1.14

Profit potential:

264 ticks


You could…

Buy TDW and Short KEX







GRMN-CPHD

Sector: Scientific & Technical Instruments
Currently converging from 0.23 standard deviations

Hedge ratio:

2.05

Cointegration:

Over 99%

Avg. holding period:

13 days

σ Equilibrium:

1.42

Profit potential:

133 ticks


You could…

Short GRMN and Buy CPHD




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