Derivatives and Quantitative Strategist

Gaudenz Schneider

Equity Bottom-Up

<ul>
<li>
Context: This Insight follows up on previously highlighted relative value opportunities, using a statistical methodology based on mean-reversion to identify opportunities in paired securities.</li>
<li>
Highlights: Currently 15 pair trade opportunities persist across four markets and seven sectors.
</li>
<li>
Why read: Statistical analysis offers a unique perspective on relative value. Gain insights into actionable statistical pair trade opportunities and monitor performance of previously highlighted pairs.</li>
</ul>



Context: This Insight follows up on previously highlighted relative value opportunities, using a statistical methodology based on mean-reversion to identify opportunities in paired securities.

Highlights: Currently 15 pair trade opportunities persist across four markets and seven sectors.


Why read: Statistical analysis offers a unique perspective on relative value. Gain insights into actionable statistical pair trade opportunities and monitor performance of previously highlighted pairs.


Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (18 May 2026)

Actionable Insights, Assured Alpha, ANTYA Investments

ANTYA Investments

Actionable Insights, Assured Alpha

Investing That Empowers You

ANTYA Investments Inc., regulated by the Ontario Securities Commission, is registered to provide wealth management services in Canada. ANTYA manages institutional, and high net-worth client portfolios on a discretionary basis. Our investment philosophy embraces a Core-Satellite approach.  The core of the portfolio is chosen from a group of fifteen asset classes. A few stock specific asymmetrical investment opportunities comprise the satellite segment. ANTYA invests only in global, large capitalization, and investment grade companies.  

Macroeconomics

Since the publication of our January 2018 report, the  spread between one-year Indian G-SEC and the U.S. Treasury has declined approximately 50bps. After accounting for currency depreciation and transaction costs, a U.S.$ investor generated zero return in the Indian debt market during the first four months of the current year.  We estimate that prospectively foreign investors in Indian debt markets ....

Since the publication of our January 2018 report, the  spread between one-year Indian G-SEC and the U.S. Treasury has declined approximately 50bps. After accounting for currency depreciation and transaction costs, a U.S.$ investor generated zero return in the Indian debt market during the first four months of the current year.  We estimate that prospectively foreign investors in Indian debt markets ....

India: The Indian Rupee – Next Stop INR 70/USD, G-SEC 10-Year Yield – 8%

Thematic (Sector/Industry)

The Reserve Bank of India upheld the status-quo by maintaining the liquidity adjustment facility rate at 6%. However, the vote was not unanimous, with one member on the committee voting for an increase to 6.25%. The tone of the monetary policy statement is cautious, and given tightening global credit conditions, if rates stay put the INR will depreciate putting additional pressure on already heightened inflation expectations. If rates rise it could dampen economic growth. Given that the central bank's primary job is inflation targeting first and the rest later, we advise erring on the side of caution.

The Reserve Bank of India upheld the status-quo by maintaining the liquidity adjustment facility rate at 6%. However, the vote was not unanimous, with one member on the committee voting for an increase to 6.25%. The tone of the monetary policy statement is cautious, and given tightening global credit conditions, if rates stay put the INR will depreciate putting additional pressure on already heightened inflation expectations. If rates rise it could dampen economic growth. Given that the central bank's primary job is inflation targeting first and the rest later, we advise erring on the side of caution.

The Reserve Bank of India–Between a Rock and a Hard Place, Higher Yields & Higher NPAs Forthcoming?

<ul>
<li>
Context: This Insight follows up on previously highlighted relative value opportunities, using a statistical methodology based on mean-reversion to identify opportunities in paired securities.</li>
<li>
 Highlights: Currently 16 pair trade opportunities persist across four markets and nine sectors. 
</li>
<li>
Why read: Statistical analysis offers a unique perspective on relative value. Gain insights into actionable statistical pair trade opportunities and monitor performance of previously highlighted pairs.</li>
</ul>



Context: This Insight follows up on previously highlighted relative value opportunities, using a statistical methodology based on mean-reversion to identify opportunities in paired securities.

 Highlights: Currently 16 pair trade opportunities persist across four markets and nine sectors. 


Why read: Statistical analysis offers a unique perspective on relative value. Gain insights into actionable statistical pair trade opportunities and monitor performance of previously highlighted pairs.


Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (9 May 2026)

<ul>
<li>
Context: This Insight follows up on previously highlighted relative value opportunities, using a statistical methodology based on mean-reversion to identify opportunities in paired securities.</li>
<li>
 Highlights: Currently 16 pair trade opportunities persist across four markets and ten sectors.</li>
<li>
Why read: Statistical analysis offers a unique perspective on relative value. Gain insights into actionable statistical pair trade opportunities and monitor performance of previously highlighted pairs.</li>
</ul>



Context: This Insight follows up on previously highlighted relative value opportunities, using a statistical methodology based on mean-reversion to identify opportunities in paired securities.

 Highlights: Currently 16 pair trade opportunities persist across four markets and ten sectors.

Why read: Statistical analysis offers a unique perspective on relative value. Gain insights into actionable statistical pair trade opportunities and monitor performance of previously highlighted pairs.


Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (4 May 2026)

India

HDFC Bank Ltd. offers a wide range of services to the global corporate sector. The Bank provides corporate banking and custodial services and is active in the treasury and capital markets. HDFC also markets project advisory services and capital market products such as Global Deposit Receipts, Euro currency loans, and Euro currency bonds.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

HDFC Bank (ADR) (HDB US)

Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (18 May 2026)

Discover 15 pair trade opportunities across four markets and seven sectors using statistical mean-reversion methodology for actionable insights.

Gaudenz Schneider

India: The Indian Rupee – Next Stop INR 70/USD, G-SEC 10-Year Yield – 8%

Since the publication of our January 2018 report, the spread between one-year Indian G-SEC and the U.S. Treasury has declined approximately 50bps....

ANTYA Investments

The Reserve Bank of India–Between a Rock and a Hard Place, Higher Yields & Higher NPAs Forthcoming?

The Reserve Bank of India upheld the status-quo by maintaining the liquidity adjustment facility rate at 6%. However, the vote was not unanimous,...

ANTYA Investments

Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (9 May 2026)

Discover 16 pair trade opportunities across four markets and nine sectors using statistical mean-reversion methodology for actionable insights.

Gaudenz Schneider

Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (4 May 2026)

Discover 16 pair trade opportunities across four markets and ten sectors using statistical mean-reversion methodology for actionable insights.

Gaudenz Schneider

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (18 May 2026)

​Discover 15 pair trade opportunities across four markets and seven sectors using statistical mean-reversion methodology for actionable insights.

Gaudenz Schneider

India: The Indian Rupee – Next Stop INR 70/USD, G-SEC 10-Year Yield – 8%

Since the publication of our January 2018 report, the spread between one-year Indian G-SEC and the U.S. Treasury has declined approximately 50bps....

ANTYA Investments

The Reserve Bank of India–Between a Rock and a Hard Place, Higher Yields & Higher NPAs Forthcoming?

The Reserve Bank of India upheld the status-quo by maintaining the liquidity adjustment facility rate at 6%. However, the vote was not unanimous,...

ANTYA Investments

Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (9 May 2026)

​Discover 16 pair trade opportunities across four markets and nine sectors using statistical mean-reversion methodology for actionable insights.

Gaudenz Schneider

Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (4 May 2026)

​Discover 16 pair trade opportunities across four markets and ten sectors using statistical mean-reversion methodology for actionable insights.

Gaudenz Schneider

Discover 15 pair trade opportunities across four markets and seven sectors using statistical mean-reversion methodology for actionable insights.

Discover 16 pair trade opportunities across four markets and nine sectors using statistical mean-reversion methodology for actionable insights.

Discover 16 pair trade opportunities across four markets and ten sectors using statistical mean-reversion methodology for actionable insights.