Statistical Arbitrage · Pairs Ledger
Correl&ted
Vol. I · No. 5
WEDNESDAY, JUNE 17, 2026
Updated 22:18 · After close
Account value
$20,964
Total profit & loss
+1,050.43
+5.18% on invested  ·  realized +680  ·  unrealized +370
Realized
+680
Unrealized
+370
Invested
$20,651
Cash on hand
$313
01 Open Positions 3 held · $20,651 at market
CF
vs STLD
Materials
$105.85 ▼ $-245 · -8.47%
$103.00stop $115.65entry $135.94target
z -1.80σ 25 sh $2,646 exit Jun 28 −2.7% / +28.4%
SCHW
vs WFC
Financials
$94.51 ▲ $+655 · +7.45%
$83.25stop $87.96entry $93.14target
z -0.94σ 100 sh $9,451 exit Jul 5 −11.9% / +1.4%
PFE
vs MRK
Healthcare
$25.92 ▼ $-40 · -0.46%
$25.00stop $26.04entry $26.65target
z +0.32σ 330 sh $8,554 exit Jul 5 −3.5% / +2.8%
02 Spread Instruments rolling 60-day z-score
03 Closed Book realized +680.02 USD
TickerPairShEntry ExitNet P&LReturnClosed
C vs GS 65 $125.52 $132.21 $+414.95 +5.33% 06-05 · Target hit
USB vs PNC 250 $54.42 $55.56 $+265.07 +2.10% 06-05 · Target hit
04 Equity Curve indexed to entry
THE CORRELATED LEDGER
Prices via Yahoo Finance · self-refreshes every 5 min
Net of $9.99/trade commission
Entry |z| > 2.0   Exit |z| < 0.5   Stop |z| > 3.5
Rolling window 60d · Max hold 30d
Inception 2026-05-29