text 31 Mar Today’s hot arbs

JAVA-NTAP

Currently converging.
Distance to the mean-ratio: 1.9792 standard deviations

Hedge Ratio:

0.69

 Cointegration:

Over 99%

 Correlation:

0.31

 Mean-ratio standard deviation:

0.1978

 Capture potential:

574 ticks

You could…

Short JAVA and Buy NTAP







CNP-PEG

Currently converging.
Distance to the mean-ratio: 1.9724 standard deviations

Hedge Ratio:

0.41

 Cointegration:

Over 99%

 Correlation:

0.77

 Mean-ratio standard deviation:

0.0645

 Capture potential:

360 ticks

You could…

Buy CNP and Short PEG







HRB-YUM

Currently converging.
Distance to the mean-ratio: 1.7311 standard deviations

Hedge Ratio:

0.82

 Cointegration:

Over 99%

 Correlation:

0.25

 Mean-ratio standard deviation:

0.0617

 Capture potential:

295 ticks

You could…

Buy HRB and Short YUM




Design crafted by Prashanth Kamalakanthan. Content powered by Tumblr.