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Tankers
STNG-TNK
Scorpio Tankers vs Teekay Tankers
Current Signal (GGR Method)
Sell Spread
Active for 2 daysThe spread is currently above its historical mean by more than 2 standard deviations. This suggests selling STNG and buying TNK.
Spread History
Chart visualization coming soon
Methodology
Signals are generated using the GGR (Gatev-Goetzmann-Rouwenhorst) cointegration method. The approach identifies pairs with historically stable spread relationships and generates trade signals when the spread deviates by more than 2 standard deviations from the mean.
How it works:
- 1. A 12-month formation period establishes the normal spread distribution
- 2. Trade signals trigger when the spread exceeds ±2σ from the mean
- 3. Positions close when the spread reverts to the mean or after 20 days
For full methodology and backtest results, read the research post.
Pair Statistics
- Correlation
- 73%
- Last Updated
- Jan 20
⚠️ This is research, not financial advice. Past performance does not guarantee future results.