VRTX-ISPH

Sector: Drug Manufacturers - Other
Currently converging from 0.48 standard deviations

Hedge ratio: 7.04

Cointegration: Over 99%

Avg. holding period: 10 days

σ Equilibrium: 0.69

Profit potential: 200 ticks

You could…

Buy VRTX and Short ISPH

TNK-ULTR

Sector: Shipping
Currently converging from 0.45 standard deviations

Hedge ratio: 1.92

Cointegration: Over 99%

Avg. holding period: 7 days

σ Equilibrium: 2.56

Profit potential: 186 ticks

You could…

Buy TNK and Short ULTR

CFR-BOKF

Sector: Regional - Southwest Banks
Currently converging from 0.49 standard deviations

Hedge ratio: 1.12

Cointegration: Over 99%

Avg. holding period: 20 days

σ Equilibrium: 0.71

Profit potential: 253 ticks

You could…

Buy CFR and Short BOKF

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