Statistical Arbitrage · Pairs Ledger
Correl&ted
Vol. I · No. 5
FRIDAY, JUNE 12, 2026
Updated 22:04 · After close
Account value
$20,809
Total profit & loss
+895.88
+4.42% on invested  ·  realized +680  ·  unrealized +216
Realized
+680
Unrealized
+216
Invested
$20,496
Cash on hand
$313
01 Open Positions 3 held · $20,496 at market
CF
vs STLD
Materials
$109.48 ▼ $-154 · -5.34%
$103.00stop $115.65entry $135.94target
z -2.09σ 25 sh $2,737 exit Jun 28 −5.9% / +24.2%
SCHW
vs WFC
Financials
$91.10 ▲ $+314 · +3.57%
$83.25stop $87.96entry $93.14target
z -1.74σ 100 sh $9,110 exit Jul 5 −8.6% / +2.2%
PFE
vs MRK
Healthcare
$26.21 ▲ $+56 · +0.65%
$25.00stop $26.04entry $26.65target
z +1.16σ 330 sh $8,649 exit Jul 5 −4.6% / +1.7%
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