INFRATEL - CUMMINSIND Pair Analysis
home > strategies > pairs-trading
End-of-day divergence (Standardized residual) is -0.311.
Half life of pair is 1.9.
Real time (live) divergence is calculating using following formula:
[cumminsind_price - (2.46 * infratel_price) - 1.09]/22.1
(where 1.09 is mean error and 22.1 is standard error)
Technical strength of INFRATEL is 6.1. (Support & Resistance)
Technical strength of CUMMINSIND is 6.5. (Support & Resistance)
Stop Loss: Put your stop loss when divergence becomes more than 3.0 or less than -3.0. We suggest you always use stop losses.
Note: When you trade in futures, keep in mind the expiry date of futures as divergence might not end before expiry date.
Click here to see all recommendations for pair infratel-cumminsind.
Half life of pair is 1.9.
Real time (live) divergence is calculating using following formula:
[cumminsind_price - (2.46 * infratel_price) - 1.09]/22.1
(where 1.09 is mean error and 22.1 is standard error)
Technical strength of INFRATEL is 6.1. (Support & Resistance)
Technical strength of CUMMINSIND is 6.5. (Support & Resistance)
Recommendation
You need to register and login with clearnifty to view detailed recommendations.
Entry Criterion: Take positions when divergence becomes (+/-)2.0. And exit positions when divergence becomes (+/-)0.0.
Stop Loss: Put your stop loss when divergence becomes more than 3.0 or less than -3.0. We suggest you always use stop losses.
Note: When you trade in futures, keep in mind the expiry date of futures as divergence might not end before expiry date.
Click here to see all recommendations for pair infratel-cumminsind.
Analyse any other pair:
How to choose pairs?
Choose stocks from same sector/subsector.Use stock with large market capitalization as first stock.
