Statistical Arbitrage · Pairs Ledger
Correl&ted
Vol. I · No. 5
THURSDAY, JUNE 18, 2026
Updated 22:29 · After close
Account value
$20,376
Total profit & loss
+462.13
+2.28% on invested  ·  realized +680  ·  unrealized -218
Realized
+680
Unrealized
-218
Invested
$20,063
Cash on hand
$313
01 Open Positions 3 held · $20,063 at market
CF
vs STLD
Materials
$102.93 ▼ $-318 · -11.00%
$103.00stop $115.65entry $135.94target
z -1.64σ 25 sh $2,573 exit Jun 28 −0.1% / +32.1%
SCHW
vs WFC
Financials
$91.70 ▲ $+374 · +4.25%
$83.25stop $87.96entry $93.14target
z -0.30σ 100 sh $9,170 exit Jul 5 −9.2% / +1.6%
PFE
vs MRK
Healthcare
$25.21 ▼ $-274 · -3.19%
$25.00stop $26.04entry $26.65target
z +0.56σ 330 sh $8,319 exit Jul 5 −0.8% / +5.7%
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