text 6 Apr Today’s hot pairs

OSG-ULTR

Sector: Shipping
Currently converging from 0.49 standard deviations

Hedge ratio:

7.08

Cointegration:

Over 99%

Avg. holding period:

8 days

σ Equilibrium:

9.58

Profit potential:

750 ticks


You could…

Buy OSG and Short ULTR







NSC-WAB

Sector: Railroads
Currently converging from 0.6 standard deviations

Hedge ratio:

1.26

Cointegration:

Over 99%

Avg. holding period:

8 days

σ Equilibrium:

-0.13

Profit potential:

260 ticks


You could…

Short NSC and Buy WAB







HAE-MMSI

Sector: Medical Instruments & Supplies
Currently converging from 0.48 standard deviations

Hedge ratio:

3.36

Cointegration:

Over 99%

Avg. holding period:

20 days

σ Equilibrium:

0.8

Profit potential:

316 ticks


You could…

Short HAE and Buy MMSI







CFR-BOKF

Sector: Regional - Southwest Banks
Currently converging from 0.46 standard deviations

Hedge ratio:

1.12

Cointegration:

Over 99%

Avg. holding period:

20 days

σ Equilibrium:

0.71

Profit potential:

238 ticks


You could…

Buy CFR and Short BOKF




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