text 27 Mar Today’s hot arbs

KIM-PNC

Currently converging.
Distance to the mean-ratio: 1.6933 standard deviations

Hedge Ratio:

0.51

Cointegration:

Over 99%

Correlation:

0.93

Mean-ratio standard deviation:

0.2064

Capture potential:

1098 ticks


You could…

Buy KIM and Short PNC







CNP-FE

Currently converging.
Distance to the mean-ratio: 1.6037 standard deviations

Hedge Ratio:

0.25

Cointegration:

Over 99%

Correlation:

0.75

Mean-ratio standard deviation:

0.0932

Capture potential:

556 ticks


You could…

Short CNP and Buy FE







XEL-PGN

Currently converging.
Distance to the mean-ratio: 1.9374 standard deviations

Hedge Ratio:

0.44

Cointegration:

Over 99%

Correlation:

0.88

Mean-ratio standard deviation:

0.0387

Capture potential:

249 ticks


You could…

Short XEL and Buy PGN







DTE-POM

Currently converging.
Distance to the mean-ratio: 1.892 standard deviations

Hedge Ratio:

1.85

Cointegration:

Over 99%

Correlation:

0.93

Mean-ratio standard deviation:

0.0745

Capture potential:

164 ticks


You could…

Short DTE and Buy POM




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