forgot to mention that the ratio is 0.36 (pmi: mtg) to make it dollar neutral which is what I suggest. pretty good cointegration also of 94%
Looks like a great entry point for Long PMI, Short MTG pair trade. I'm showing the pair at about 0.70 off standard deviation and in 40%...
i don't think this kosher..
Right - this is probably one of the reasons so many economic reports don't come out until after the close. You can always gamble if you think...
Sorry to revive an old thread - but I noticed that here on Elite Trader there are a few links to pair trading software. Some are even free....
completed the survey - hope this helps
yup i sold AMZN, not too happy
Plenty of free tools available on the net - a google search will do the trick.
Check out this pair, I think it looks really good....
I've never used pairtradefinder.com -- who wants to pay for pair trading software??
Separate names with a comma.