Pairs trading rests on a simple idea: find two assets that move together, wait for them to diverge, and bet on convergence. The hard part is defining "move together." Two commodity ETFs, EWA (Australia) and EWC (Canada), show a 0.95 correlation over a multi-year window. A mean-reversion trader sees
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AiFeed24 Teamยทโฑ 1 min readยทCloud & DevOps
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