text 1 Apr Today’s hot pairs

COF-FMD

Sector: Credit Services
Currently converging from 0.15 standard deviations

Hedge ratio:

14.28

Cointegration:

Over 99%

Avg. holding period:

18 days

σ Equilibrium:

2.33

Profit potential:

152 ticks


You could…

Buy COF and Short FMD







CYT-SDTH

Sector: Specialty Chemicals
Currently converging from 0.47 standard deviations

Hedge ratio:

5.98

Cointegration:

Over 99%

Avg. holding period:

12 days

σ Equilibrium:

-0.64

Profit potential:

259 ticks


You could…

Short CYT and Buy SDTH







ANSS-MANH

Sector: Technical & System Software
Currently converging from 0.64 standard deviations

Hedge ratio:

1.76

Cointegration:

Over 99%

Avg. holding period:

13 days

σ Equilibrium:

-0.02

Profit potential:

164 ticks


You could…

Buy ANSS and Short MANH







TDW-KEX

Sector: Shipping
Currently converging from 0.48 standard deviations

Hedge ratio:

1.28

Cointegration:

Over 99%

Avg. holding period:

13 days

σ Equilibrium:

1.14

Profit potential:

270 ticks


You could…

Buy TDW and Short KEX




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