text 12 Apr Today’s hot pairs

OSG-ULTR

Sector: Shipping
Currently converging from 0.45 standard deviations

Hedge ratio:

7.08

Cointegration:

Over 99%

Avg. holding period:

8 days

σ Equilibrium:

9.58

Profit potential:

689 ticks


You could…

Buy OSG and Short ULTR







VRTX-ISPH

Sector: Drug Manufacturers - Other
Currently converging from 0.61 standard deviations

Hedge ratio:

7.04

Cointegration:

Over 99%

Avg. holding period:

10 days

σ Equilibrium:

0.69

Profit potential:

254 ticks


You could…

Buy VRTX and Short ISPH







MET-SLF

Sector: Life Insurance
Currently converging from 0.88 standard deviations

Hedge ratio:

1.29

Cointegration:

Over 99%

Avg. holding period:

8 days

σ Equilibrium:

-0.07

Profit potential:

308 ticks


You could…

Short MET and Buy SLF







RWT-AFN

Sector: Mortgage Investment
Currently converging from 0.24 standard deviations

Hedge ratio:

14.4

Cointegration:

Over 99%

Avg. holding period:

12 days

σ Equilibrium:

3.49

Profit potential:

129 ticks


You could…

Short RWT and Buy AFN




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