Derivatives and Quantitative Strategist

Gaudenz Schneider

Equity Bottom-Up

<ul>
<li>
Context: The <a href="https://www.smartkarma.com/entities/shimizu-corp" target="_blank" data-smartkarma-citation="entities:8530:1" rel="noopener">Shimizu Corp (1803 JP)</a> vs. <a href="https://www.smartkarma.com/entities/kajima-corp" target="_blank" data-smartkarma-citation="entities:3973:1" rel="noopener">Kajima Corp (1812 JP)</a> price ratio has deviated more than three 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/kajima-corp" target="_blank" data-smartkarma-citation="entities:3973:1" rel="noopener">Kajima Corp (1812 JP)</a> and short <a href="https://www.smartkarma.com/entities/shimizu-corp" target="_blank" data-smartkarma-citation="entities:8530:1" rel="noopener">Shimizu Corp (1803 JP)</a>  targets a 9% 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 Shimizu Corp (1803 JP) vs. Kajima Corp (1812 JP) price ratio has deviated more than three standard deviations from its one-year average, presenting a potential relative value opportunity.

Highlight: Going long Kajima Corp (1812 JP) and short Shimizu Corp (1803 JP)  targets a 9% 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.


Kajima (1812 JP) Vs Shimizu (1803 JP): Shimizu Earnings Jump Creates Three Sigma Dislocation

<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)

<ul>
<li>
Context: The <a href="https://www.smartkarma.com/entities/jgc-holdings-corp" target="_blank" data-smartkarma-citation="entities:19335:1" rel="noopener">JGC Corp (1963 JP)</a> vs. <a href="https://www.smartkarma.com/entities/tokyo-tatemono-co-ltd" target="_blank" data-smartkarma-citation="entities:10776:1" rel="noopener">Tokyo Tatemono (8804 JP)</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/tokyo-tatemono-co-ltd" target="_blank" data-smartkarma-citation="entities:10776:1" rel="noopener">Tokyo Tatemono (8804 JP)</a> and short <a href="https://www.smartkarma.com/entities/jgc-holdings-corp" target="_blank" data-smartkarma-citation="entities:19335:1" rel="noopener">JGC Corp (1963 JP)</a> targets a 10% 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 JGC Corp (1963 JP) vs. Tokyo Tatemono (8804 JP)  price ratio has deviated more than two standard deviations from its one-year average, presenting a potential relative value opportunity.

 Highlight: Going long Tokyo Tatemono (8804 JP) and short JGC Corp (1963 JP) targets a 10% 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.


Tokyo Tatemono (8804 JP) Vs. JGC (1963 JP): Cross-Sector Dislocation Signals 10% Pair Trade

<ul>
<li>
Context: The <a href="https://www.smartkarma.com/entities/sojitz-corp" target="_blank" data-smartkarma-citation="entities:14437:1" rel="noopener">Sojitz (2768 JP)</a> vs. <a href="https://www.smartkarma.com/entities/denka-co-ltd" target="_blank" data-smartkarma-citation="entities:1394:1" rel="noopener">Denka (4061 JP)</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/sojitz-corp" target="_blank" data-smartkarma-citation="entities:14437:1" rel="noopener">Sojitz (2768 JP)</a> and short <a href="https://www.smartkarma.com/entities/denka-co-ltd" target="_blank" data-smartkarma-citation="entities:1394:1" rel="noopener">Denka (4061 JP)</a> targets an 8% 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 Sojitz (2768 JP) vs. Denka (4061 JP) price ratio has deviated more than two standard deviations from its one-year average, presenting a potential relative value opportunity.

 Highlight: Going long Sojitz (2768 JP) and short Denka (4061 JP) targets an 8% 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.


Sojitz (2768 JP) Vs. Denka (4061 JP): Quant Pair Trade Across Industries

Japan

Maxis Nikkei 225 Index Fund is an exchange-traded fund incorporated in the USA. The Fund will seek daily investment results, before fees and expenses, that track the performance of the Nikkei 225 Index.

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

Maxis Nikkei 225 Index Fund (NKY US)

Kajima (1812 JP) Vs Shimizu (1803 JP): Shimizu Earnings Jump Creates Three Sigma Dislocation

9% target return in a potential pair trade as Shimizu’s post-earnings jump pushes the spread in this construction pair to a three-sigma extreme...

Gaudenz Schneider

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

Tokyo Tatemono (8804 JP) Vs. JGC (1963 JP): Cross-Sector Dislocation Signals 10% Pair Trade

The dislocation has widened significantly since last week, lifting the target return to around 12%. The pair is primarily driven by its statistical...

Gaudenz Schneider

Sojitz (2768 JP) Vs. Denka (4061 JP): Quant Pair Trade Across Industries

One of two relative value opportunities with Sojitz (2768 JP) as the long leg. The dislocation has widened significantly since last week, lifting...

Gaudenz Schneider

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Kajima (1812 JP) Vs Shimizu (1803 JP): Shimizu Earnings Jump Creates Three Sigma Dislocation

9% target return in a potential pair trade as Shimizu’s post-earnings jump pushes the spread in this construction pair to a three-sigma extreme...

Gaudenz Schneider

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

Tokyo Tatemono (8804 JP) Vs. JGC (1963 JP): Cross-Sector Dislocation Signals 10% Pair Trade

The dislocation has widened significantly since last week, lifting the target return to around 12%. The pair is primarily driven by its statistical...

Gaudenz Schneider

Sojitz (2768 JP) Vs. Denka (4061 JP): Quant Pair Trade Across Industries

One of two relative value opportunities with Sojitz (2768 JP) as the long leg. The dislocation has widened significantly since last week, lifting...

Gaudenz Schneider

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.