text 24 Apr Today’s hot arbs

DIS-JCI

Currently converging.
Distance to the mean-ratio: 1.9409 standard deviations

Hedge Ratio:

1.1

 Cointegration:

Over 99%

 Correlation:

0.92

 Mean-ratio standard deviation:

0.1178

 Capture potential:

409 ticks

You could…

Buy DIS and Short JCI







KBH-PHM

Currently converging.
Distance to the mean-ratio: 1.8729 standard deviations

Hedge Ratio:

1.52

 Cointegration:

Over 99%

 Correlation:

0.97

 Mean-ratio standard deviation:

0.1284

 Capture potential:

268 ticks

You could…

Short KBH and Buy PHM







MAR-JCP

Currently converging.
Distance to the mean-ratio: 1.0256 standard deviations

Hedge Ratio:

0.66

 Cointegration:

Over 99%

 Correlation:

0.97

 Mean-ratio standard deviation:

0.082

 Capture potential:

224 ticks

You could…

Buy MAR and Short JCP




Design crafted by Prashanth Kamalakanthan. Content powered by Tumblr.