text 30 Mar Today’s hot arbs

HRB-VFC

Currently converging.
Distance to the mean-ratio: 1.9519 standard deviations

Hedge Ratio:

0.36

 Cointegration:

Over 99%

 Correlation:

0.24

 Mean-ratio standard deviation:

0.1028

 Capture potential:

1173 ticks

You could…

Buy HRB and Short VFC







HRS-ADP

Currently converging.
Distance to the mean-ratio: 1.9655 standard deviations

Hedge Ratio:

0.92

 Cointegration:

Over 99%

 Correlation:

0.74

 Mean-ratio standard deviation:

0.0997

 Capture potential:

695 ticks

You could…

Buy HRS and Short ADP







MCHP-GLW

Currently converging.
Distance to the mean-ratio: 1.694 standard deviations

Hedge Ratio:

1.54

 Cointegration:

Over 99%

 Correlation:

0.87

 Mean-ratio standard deviation:

0.1011

 Capture potential:

232 ticks

You could…

Buy MCHP and Short GLW




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