Statistical Arbitrage · Pairs Ledger
Correl&ted
Vol. I · No. 5
TUESDAY, JUNE 30, 2026
Updated 21:53 · After close
Account value
$20,047
Total profit & loss
+123.05
+0.71% on invested  ·  realized +339  ·  unrealized -216
Realized
+339
Unrealized
-216
Invested
$17,173
Cash on hand
$2,873
01 Open Positions 2 held · $17,173 at market
SCHW
vs WFC
Financials
$92.27 ▲ $+431 · +4.90%
$83.25stop $87.96entry $93.14target
z -1.14σ 100 sh $9,227 exit Jul 5 −9.8% / +0.9%
PFE
vs MRK
Healthcare
$24.08 ▼ $-647 · -7.53%
$25.00stop $26.04entry $26.65target
z +3.13σ 330 sh $7,946 exit Jul 5 −3.8% / +10.7%
02 Spread Instruments rolling 60-day z-score
03 Closed Book realized +338.84 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
CF vs STLD 25 $115.65 $102.80 $-341.18 -11.11% 06-23 · Stopped out
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