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 eight pairtrade opportunities persist across three markets and five 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 eight pairtrade opportunities persist across three markets and five 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 (28 Sep 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 seven pair trade opportunities persist across three markets and four 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 seven pair trade opportunities persist across three markets and four 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 (21 Sep 2026)

Global Materials | Industrials | Commodities

Rahul Jain

Thematic (Sector/Industry)

<ul>
<li>The U.S. has doubled tariffs on imported steel and aluminum to 50%, citing national security and domestic industry protection.</li>
<li>The move is expected to raise domestic prices, reduce imports, and increase costs for metal-intensive industries.</li>
<li>Winners include U.S.-based producers like Nucor, United States Steel, Cleveland Cliffs and Century Aluminum; losers are foreign exporters like Aloca, RioTinto, Nippon Steel, Ford, GM etc.</li>
</ul>


The U.S. has doubled tariffs on imported steel and aluminum to 50%, citing national security and domestic industry protection.
The move is expected to raise domestic prices, reduce imports, and increase costs for metal-intensive industries.
Winners include U.S.-based producers like Nucor, United States Steel, Cleveland Cliffs and Century Aluminum; losers are foreign exporters like Aloca, RioTinto, Nippon Steel, Ford, GM etc.


Tariff Surge 2025: Winners, Losers, and the Real Impact on U.S. Steel and Aluminium

<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 ten pair trade opportunities persist across four markets and six 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 ten pair trade opportunities persist across four markets and six 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 (14 Sep 2026)

<ul>
<li>
Context: The <a href="https://www.smartkarma.com/entities/nippon-steel-corporation" target="_blank" data-smartkarma-citation="entities:961:1" rel="noopener">Nippon Steel (5401 JP)</a> vs. <a href="https://www.smartkarma.com/entities/jfe-holdings-inc" target="_blank" data-smartkarma-citation="entities:210:1" rel="noopener">JFE Holdings (5411 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/jfe-holdings-inc" target="_blank" data-smartkarma-citation="entities:210:1" rel="noopener">JFE Holdings (5411 JP)</a> and short <a href="https://www.smartkarma.com/entities/nippon-steel-corporation" target="_blank" data-smartkarma-citation="entities:961:1" rel="noopener">Nippon Steel (5401 JP)</a> 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 Nippon Steel (5401 JP) vs. JFE Holdings (5411 JP) price ratio has deviated more than two standard deviations from its one-year average, presenting a potential relative value opportunity.

Highlight: Going long JFE Holdings (5411 JP) and short Nippon Steel (5401 JP) 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.


JFE Holdings (5411 JP) Vs Nippon Steel (5401 JP): Japan Steel Pair Hits Trigger

United States

Steel Dynamics, Inc. is a diversified carbon-steel steel producer and metals recycler in the U.S, located in Fort Wayne, IN. The Company's operating segments include Steel Operations, Metals Recycling & Ferrous Resources Operations, and Steel Fabrication Operations. Steel Dynamics products include flat rolled steel sheet, engineered bar special-bar-quality, structural beams.

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

Steel Dynamics (STLD US)

Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (28 Sep 2026)

Discover eight pair trade opportunities across three markets and five sectors using statistical mean-reversion methodology for actionable insights.

Gaudenz Schneider

Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (21 Sep 2026)

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

Gaudenz Schneider

Tariff Surge 2025: Winners, Losers, and the Real Impact on U.S. Steel and Aluminium

The U.S. Midwest aluminum premium spiked by 54% on Monday and 164% YTD to $0.58/lb on June 2, driven by new tariffs and typical early-month...

Rahul Jain

Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (14 Sep 2026)

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

Gaudenz Schneider

JFE Holdings (5411 JP) Vs Nippon Steel (5401 JP): Japan Steel Pair Hits Trigger

6% target return as Japan's steelmakers hit a fresh pair trade trigger. Essential for quantitative traders seeking mean-reversion opportunities.

Gaudenz Schneider

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (28 Sep 2026)

​Discover eight pair trade opportunities across three markets and five sectors using statistical mean-reversion methodology for actionable insights.

Gaudenz Schneider

Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (21 Sep 2026)

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

Gaudenz Schneider

Tariff Surge 2025: Winners, Losers, and the Real Impact on U.S. Steel and Aluminium

The U.S. Midwest aluminum premium spiked by 54% on Monday and 164% YTD to $0.58/lb on June 2, driven by new tariffs and typical early-month...

Rahul Jain

Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (14 Sep 2026)

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

Gaudenz Schneider

JFE Holdings (5411 JP) Vs Nippon Steel (5401 JP): Japan Steel Pair Hits Trigger

6% target return as Japan's steelmakers hit a fresh pair trade trigger. Essential for quantitative traders seeking mean-reversion opportunities.

Gaudenz Schneider

Discover eight pair trade opportunities across three markets and five sectors using statistical mean-reversion methodology for actionable insights.

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

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