text 6 Mar Today’s hot arbs

CIEN-VRSN

Currently converging.
Distance to the mean-ratio: 1.1092 standard deviations

Hedge Ratio:

1.15

 Cointegration:

Over 99%

 Correlation:

-0.03

 Mean-ratio standard deviation:

0.1615

 Capture potential:

351 ticks

You could…

Buy CIEN and Short VRSN







ITW-ETN

Currently converging.
Distance to the mean-ratio: 1.8953 standard deviations

Hedge Ratio:

0.67

 Cointegration:

Over 99%

 Correlation:

0.97

 Mean-ratio standard deviation:

0.0528

 Capture potential:

317 ticks

You could…

Short ITW and Buy ETN




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