Statistical Arbitrage · Pairs Ledger
Correl&ted
Vol. I · No. 5
TUESDAY, JUNE 23, 2026
Updated 21:55 · After close
Account value
$20,342
Total profit & loss
+428.43
+2.11% on invested  ·  realized +680  ·  unrealized -252
Realized
+680
Unrealized
-252
Invested
$20,029
Cash on hand
$313
01 Open Positions 3 held · $20,029 at market
CF
vs STLD
Materials
$102.17 ▼ $-337 · -11.66%
$103.00stop $115.65entry $135.94target
z -1.31σ 25 sh $2,554 exit Jun 28 −0.8% / +33.1%
SCHW
vs WFC
Financials
$93.17 ▲ $+521 · +5.92%
$83.25stop $87.96entry $93.14target
z -1.00σ 100 sh $9,317 exit Jul 5 −10.6% / +0.0%
PFE
vs MRK
Healthcare
$24.72 ▼ $-436 · -5.07%
$25.00stop $26.04entry $26.65target
z +1.84σ 330 sh $8,158 exit Jul 5 −1.1% / +7.8%
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