Top quant strategies for the week ahead
In case of pair strategy 1, the pair has 97% correlation over the last one month.
In case of pair strategy 1, the pair has 97% correlation over the last one month. Pair has trade lot ratio of 1, with price ratio of 0.50. It has been moving towards in ratio of 0.42 to 0.50 so may continue to bounce more with stability in Bajaj Finserv and buying interest in Bajaj FInance as per its statistical data of 2SD band
In case of pair strategy 2, the pair has trade lot ratio of 0.80 with price ratio of 7.49. The brokerage is expecting the ratio to narrow down as per its 2SD band with the view to outperformance of Ambuja Cements.