Algokid

PAIR TRADE (Gas Utilities)

NYSE:NFG   NATIONAL FUEL GAS CO N J
98 2 0
CORRELATION :70% (acceptable)
CO -INTEGRATION : 0.61 ( acceptable

long NFG @ 55.21
short EGN @ 52.38

Should be a interesting trade. Not particularly happy with the co -integration, but it meets my criteria to enter a trade.
Closing this trade with flat result. cover EGN @ 47.75 for a profit , and sell NFG @50.37 for a loss. so basically flat result for this trade
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closing this pair with a net loss
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