18 June 2014 at 5:29 GMT
By Mads Koefoed
Swedish producer of smokeless Tobacco Swedish Match has done well so far this week and the spread to US tobacco producer Lorillard has narrowed to 1.7 as a result. Further reversion to the mean could be ahead for this pair's spread, which has reverted very quickly to the mean in the last six months.
to see a trading view based on these parameters.
Source: Saxo Bank
Mads Koefoed is head of macro strategy at Saxo Bank. Click here for more of his articles.
— Edited by Clare MacCarthy