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

Description

⋅ Sep 10, 2012 1:17 PM

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)

Comments

timwest

⋅ Sep 14, 2012 3:11 PM

Nice going Algo kid!

Algokid

⋅ Sep 14, 2012 2:19 PM

Closing this pair with a nice profit

selling CEO @ 206.94
Covering APA @ 94.61

timwest

⋅ Sep 14, 2012 3:14 PM

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