Derivatives and Quantitative Strategist

Gaudenz Schneider

Equity Bottom-Up

<ul>
<li>
Context: The <a href="https://www.smartkarma.com/entities/arb-corp-ltd" target="_blank" data-smartkarma-citation="entities:19228:1" rel="noopener">ARB (ARB AU)</a> vs. <a href="https://www.smartkarma.com/entities/car-group-ltd" target="_blank" data-smartkarma-citation="entities:701:1" rel="noopener">CAR Group (CAR AU)</a> price ratio has deviated more than two standard deviations from its one-year average, presenting a potential relative value opportunity.</li>
<li>
 Highlight: Going long <a href="https://www.smartkarma.com/entities/arb-corp-ltd" target="_blank" data-smartkarma-citation="entities:19228:1" rel="noopener">ARB (ARB AU)</a> and short <a href="https://www.smartkarma.com/entities/car-group-ltd" target="_blank" data-smartkarma-citation="entities:701:1" rel="noopener">CAR Group (CAR AU)</a>  targets a 12% return.</li>
<li>
Why Read: Essential for quantitative traders seeking mean-reversion opportunities, with detailed execution framework, risk management protocols, and historical simulation showing the statistical basis for this relative value play.</li>
</ul>



Context: The ARB (ARB AU) vs. CAR Group (CAR AU) price ratio has deviated more than two standard deviations from its one-year average, presenting a potential relative value opportunity.

 Highlight: Going long ARB (ARB AU) and short CAR Group (CAR AU)  targets a 12% return.

Why Read: Essential for quantitative traders seeking mean-reversion opportunities, with detailed execution framework, risk management protocols, and historical simulation showing the statistical basis for this relative value play.


ARB (ARB AU) Vs CAR Group (CAR AU): Auto Ecosystem Gap Signals Trade

Financial News, Analysis and Data, FNArena

FNArena

Financial News, Analysis and Data

Online financial media company focused on Australian equities, with a global perspective

<ul><li>While ARB Corp's near-term outlook disappointed with interim results, analysts continue to eye structural industry tailwinds and the US expansion opportunity.</li><li> ARB Corp&rsquo;s interim result featured stable sales with lower profit H2 guidance disappoints, industry supply issues weigh near term Margins pressured by currency and new vehicle supply UBS excited by US expansion opportunity</li></ul>

While ARB Corp's near-term outlook disappointed with interim results, analysts continue to eye structural industry tailwinds and the US expansion opportunity. ARB Corp&rsquo;s interim result featured stable sales with lower profit H2 guidance disappoints, industry supply issues weigh near term Margins pressured by currency and new vehicle supply UBS excited by US expansion opportunity

<ul>
<li>
Context: The <a href="https://www.smartkarma.com/entities/arb-corp-ltd" target="_blank" data-smartkarma-citation="entities:19228:1" rel="noopener">ARB Corp (ARB AU)</a> vs. <a href="https://www.smartkarma.com/entities/amotiv-limited" target="_blank" data-smartkarma-citation="entities:19883:1" rel="noopener">Amotiv (AOV AU)</a> price ratio has deviated more than two standard deviations from its one-year average, presenting a potential relative value opportunity.</li>
<li>
Highlights: Going long ARB Corp (ARB AU) and short Amotiv (AOV AU) targets a 6% return.</li>
<li>
Why Read: Essential for quantitative traders seeking mean-reversion opportunities, with detailed execution framework, risk management protocols, and historical simulation showing the statistical basis for this relative value play.</li>
</ul>



Context: The ARB Corp (ARB AU) vs. Amotiv (AOV AU) price ratio has deviated more than two standard deviations from its one-year average, presenting a potential relative value opportunity.

Highlights: Going long ARB Corp (ARB AU) and short Amotiv (AOV AU) targets a 6% return.

Why Read: Essential for quantitative traders seeking mean-reversion opportunities, with detailed execution framework, risk management protocols, and historical simulation showing the statistical basis for this relative value play.


Long ARB Corp (ARB AU) Vs. Short Amotiv (AOV AU): Statistical Arbitrage Targeting a 6% Return

Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>Australia's ASIC releases the aggregated short position data four business days after the reporting day. Data in this insight is up to 5th October, published on the 9th October.</li>
<li>The largest industry net increase in the past week was A$0.7bn into "Metals &amp; Mining"; the largest industry net decrease was A$0.03bn out of "Coal". Net shorts increased A$2.5bn week-on-week.</li>
<li>Companies mentioned in this regular weekly report include: <a href="https://www.smartkarma.com/entities/wesfarmers-ltd" target="_blank" data-smartkarma-citation="entities:1104:1" rel="noopener">Wesfarmers (WES AU)</a>, <a href="https://www.smartkarma.com/entities/northern-star-resources-ltd" target="_blank" data-smartkarma-citation="entities:4243:1" rel="noopener">Northern Star Resources (NST AU)</a>, <a href="https://www.smartkarma.com/entities/pinnacle-investment-management" target="_blank" data-smartkarma-citation="entities:20624:1" rel="noopener">Pinnacle Investment Management (PNI AU)</a>, <a href="https://www.smartkarma.com/entities/alcoa-corporation" target="_blank" data-smartkarma-citation="entities:45100:1" rel="noopener">Alcoa Corporation (AAI AU)</a>, and <a href="https://www.smartkarma.com/entities/lynas-corp-ltd" target="_blank" data-smartkarma-citation="entities:20374:1" rel="noopener">Lynas Corp (LYC AU)</a>.</li>
</ul>


Australia's ASIC releases the aggregated short position data four business days after the reporting day. Data in this insight is up to 5th October, published on the 9th October.
The largest industry net increase in the past week was A$0.7bn into "Metals &amp; Mining"; the largest industry net decrease was A$0.03bn out of "Coal". Net shorts increased A$2.5bn week-on-week.
Companies mentioned in this regular weekly report include: Wesfarmers (WES AU), Northern Star Resources (NST AU), Pinnacle Investment Management (PNI AU), Alcoa Corporation (AAI AU), and Lynas Corp (LYC AU).


Aussie Shorts [5th Oct 2026]: Wesfarmers , Northern Star Res., Pinnacle Investment, Alcoa, Lynas

Asia Pac ECM and Index Rebal, Shenton Research

Ke Yan, CFA, FRM

Asia Pac ECM and Index Rebal

Asia Pac IPO & Placement Research, China Biotech

Shenton Research

Shenton Research is an independent Asia Pacific equity specialist. Our quantitative research covers index rebalancing flows, alongside exchange data analytics accross Asia Pacific. On the equity capital markets side, we focus on Asia Pacific ECM, especially biotech and TMT. Our lead analyst is frequently cited by international media.

Quantitative Analysis

<ul>
<li>We analyzed the changes in short interest of ASX Stocks as of Oct 2nd (reported today). The aggregated short interest was USD50.5bn.</li>
<li>We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Northern Star Resources, Alcoa, Wesfarmers, Brambles, Suncorp.</li>
</ul>


We analyzed the changes in short interest of ASX Stocks as of Oct 2nd (reported today). The aggregated short interest was USD50.5bn.
We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Northern Star Resources, Alcoa, Wesfarmers, Brambles, Suncorp.


ASX Short Interest Weekly (Oct 2nd): Northern Star Resources, Alcoa, Wesfarmers, Brambles, Suncorp

Australia

ARB Corporation Ltd. distributes and sells motor vehicles accessories and light metal engineering works for four wheel drive vehicles.  ARB produces bull bars, rear step tow bars, turbochargers, winches and related recovery equipment. ARB's main export product is the 'Air Locker', a lockable 4-wheel drive pneumatic differential system.

Price Gauge
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ARB Corp Ltd (ARB AU)

ARB (ARB AU) Vs CAR Group (CAR AU): Auto Ecosystem Gap Signals Trade

One of two relative value ideas with CAR Group as the short leg. Since publication last week, the dislocation has widened, lifting the target...

Gaudenz Schneider

ARB's Growth Story Tested By Headwinds

While ARB Corp's near-term outlook disappointed with interim results, analysts continue to eye structural industry tailwinds and the US expansion...

FNArena

Long ARB Corp (ARB AU) Vs. Short Amotiv (AOV AU): Statistical Arbitrage Targeting a 6% Return

Pair Trade opportunity for a 6% return by going long ARB Corp and short Amotiv due to price ratio deviation, essential for quantitative traders...

Gaudenz Schneider

Aussie Shorts [5th Oct 2026]: Wesfarmers , Northern Star Res., Pinnacle Investment, Alcoa, Lynas

The largest industry net increase in the past week was A$0.7bn into "Metals & Mining"; the largest industry net decrease was A$0.03bn out of...

David Blennerhassett

ASX Short Interest Weekly (Oct 2nd): Northern Star Resources, Alcoa, Wesfarmers, Brambles, Suncorp

We analyzed ASX short interest report for the past week and highlight short interest changes in Northern Star Resources, Alcoa, Wesfarmers,...

Ke Yan, CFA, FRM

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

ARB (ARB AU) Vs CAR Group (CAR AU): Auto Ecosystem Gap Signals Trade

One of two relative value ideas with CAR Group as the short leg. Since publication last week, the dislocation has widened, lifting the target...

Gaudenz Schneider

ARB's Growth Story Tested By Headwinds

While ARB Corp's near-term outlook disappointed with interim results, analysts continue to eye structural industry tailwinds and the US expansion...

FNArena

Long ARB Corp (ARB AU) Vs. Short Amotiv (AOV AU): Statistical Arbitrage Targeting a 6% Return

​Pair Trade opportunity for a 6% return by going long ARB Corp and short Amotiv due to price ratio deviation, essential for quantitative traders...

Gaudenz Schneider

Aussie Shorts [5th Oct 2026]: Wesfarmers , Northern Star Res., Pinnacle Investment, Alcoa, Lynas

The largest industry net increase in the past week was A$0.7bn into "Metals & Mining"; the largest industry net decrease was A$0.03bn out of...

David Blennerhassett

ASX Short Interest Weekly (Oct 2nd): Northern Star Resources, Alcoa, Wesfarmers, Brambles, Suncorp

We analyzed ASX short interest report for the past week and highlight short interest changes in Northern Star Resources, Alcoa, Wesfarmers,...

Ke Yan, CFA, FRM

Pair Trade opportunity for a 6% return by going long ARB Corp and short Amotiv due to price ratio deviation, essential for quantitative traders...