Comi vs. Cmp

Now that Condmag (COMI) has reached the bottom worst ranking stock in the Alpha 54 universe, it is time to revisit the industrial major. We consider performance cyclical. Hence the worst ranking performers are buy opportunities for us. To prove our point we have matched Compa (CMP) with COMI in a Rieki pair cycle. The oscillator is bottoming suggesting that after falling 14% against CMP, it is time for COMI to outperform against it’s industrial peer.
Even individually (paired against LEU), COMI has a bottoming Reiki. Technically when a stock fails to fall below 0.382 Fibonacci supports, it is showing strength. We continue to look at a reversal on the stock from current levels. The LOSO is negative now. We will wait for a LOSO positive signal to buy COMI for a holding period of few months.

Enjoy the latest Alpha Romania Indices. Alpha is a daily strategy signal product that gives long only, short only, pair trading signals. Alpha is a numeric Ranking product based on TIME fractals. The signals are carried over minor (10-30 days) and intermediate (above 30 days) time frame. The signals are illustrated through tracker and running portfolios. Alpha can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades. This is a part of the time triads analytics developed by Orpheus Research.

Naked and/or pair strategies are not riskless strategies. Time arbitrage portfolio legs should be risk weighted before any implementation. Please mail us for a detailed working or consult a local financial risk manager to execute these pairs. For more details please subscribe to the Orpheus Research products.


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