text 16 Mar Today’s hot arbs

APC-APA

Currently converging.
Distance to the mean-ratio: 1.7385 standard deviations

Hedge Ratio:

0.61

Cointegration:

Over 99%

Correlation:

0.95

Mean-ratio standard deviation:

0.1005

Capture potential:

1064 ticks


You could…

Short APC and Buy APA







CNP-FPL

Currently converging.
Distance to the mean-ratio: 1.7483 standard deviations

Hedge Ratio:

0.28

Cointegration:

Over 99%

Correlation:

0.74

Mean-ratio standard deviation:

0.0692

Capture potential:

546 ticks


You could…

Buy CNP and Short FPL







BEN-MET

Currently converging.
Distance to the mean-ratio: 1.9165 standard deviations

Hedge Ratio:

1.8

Cointegration:

Over 99%

Correlation:

0.97

Mean-ratio standard deviation:

0.1593

Capture potential:

541 ticks


You could…

Short BEN and Buy MET







UTX-PLL

Currently converging.
Distance to the mean-ratio: 1.7457 standard deviations

Hedge Ratio:

1.82

Cointegration:

Over 99%

Correlation:

0.93

Mean-ratio standard deviation:

0.0715

Capture potential:

241 ticks


You could…

Short UTX and Buy PLL




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