Statistical Arbitrage · Pairs Ledger
Correl&ted
Vol. I · No. 5
WEDNESDAY, JUNE 24, 2026
Updated 21:52 · After close
Account value
$19,963
Total profit & loss
+49.03
+0.24% on invested  ·  realized +680  ·  unrealized -631
Realized
+680
Unrealized
-631
Invested
$19,649
Cash on hand
$313
01 Open Positions 3 held · $19,649 at market
CF
vs STLD
Materials
$103.09 ▼ $-314 · -10.86%
$103.00stop $115.65entry $135.94target
z -1.21σ 25 sh $2,577 exit Jun 28 −0.1% / +31.9%
SCHW
vs WFC
Financials
$91.39 ▲ $+343 · +3.90%
$83.25stop $87.96entry $93.14target
z -0.72σ 100 sh $9,139 exit Jul 5 −8.9% / +1.9%
PFE
vs MRK
Healthcare
$24.04 ▼ $-660 · -7.68%
$25.00stop $26.04entry $26.65target
z +2.97σ 330 sh $7,933 exit Jul 5 −4.0% / +10.9%
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