The idea of pair trading: Oil & Gas Drilling & Exploration ind.

Ladies and gentlemen, I recommend you an idea of the pair trade:

1. it is long position in the company CXO             (Concho Resources) and short position in the company ESV             ( Ensco plc             ).
2. it is long position in the company CXO             (Concho Resources) and short position in the company CVE             ( Cenovus Energy Inc             .).

Stocks of the company CXO             are stronger than ESV             and CVE             since 2013. I think that next 2 months stocks of the company CXO             will be stronger than ESV             ana CVE             .

I reccomend to use a conservative approach: half of allocated capital use in trade and half in cash.
Then the trade capital divide equally between 2 pairs: CXO-ESV and CXO-CVE.

The proportions of each company in pairs:
1. Volatility of CXO             and ESV             is equal, so:
* 51% it is long CXO             .
* 49% it is short ESV             .

2. Stocks of the company CXO             are more volatility than CVE:
* 44% it is long CXO             .
* 56% it is short ESV             .

This allocation between stocks is necessary for the parity volatility .

Sorry for my bad english.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out