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LD_Perspectives
Nov 24, 2021 10:51 AM

Possible Pairs Trade: Long Spar vs Short Shoprite 

SHOPRITE HOLDINGS LTDJSE

Description

Possible Pairs Trade: Long SPP vs Short SHP

Ratio level: 0.86

3-Month Perf:

SHP: +8.6%
SPP: -16.2%

R165 is a big level for SPP, so consider the idea PENDING.

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Comment

Top left hand corner should read SPP vs SHP Relative (not SHP vs SPP Relative).
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