Algokid

PAIR TRADE - CNOOC VS APACHE CORP (OIL&GAZ)

BATS:CEO   CNOOC LIMITED
217 3 0
CORRELATION : 83 %
CO-INTEGRATION : 0.93

LONG CEO             (GREEN) @ 186.40
SHORT APA             (RED) @ 89.90

AVG             TRADE LENGTH : 29 DAYS

Over the past 2 years , this pair trade had a 100% winning rate ( 3/3)

Nice going Algo kid!
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Closing this pair with a nice profit

selling CEO @ 206.94
Covering APA @ 94.61
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Nice pair: http://stockcharts.com/h-sc/ui?s=CEO:APA&p=W&b=5&g=0&id=p88656975238
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