points Save Answer In the midst of COVID-19 pandemic, the airline industry is one of the industries suffered the most. You hope for a rebound of this industry, but want to hedge the market risk in the meantime. You decide to design a pairs trading strategy between two airline stocks: United Airline (ticker: UAL) and American Airline (ticker: AAL). Briefly describe the procedures of implementing your strategy, specifically explain how you would evaluate if pairs trading is a good strategy. a For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI U S Paragraph Open Sans,sa... 10pt v TE % od v V ABC x & 3 T X X2 > IT - T 92 15 Spellcheck... x +1 va n fo n points Save Answer In the midst of COVID-19 pandemic, the airline industry is one of the industries suffered the most. You hope for a rebound of this industry, but want to hedge the market risk in the meantime. You decide to design a pairs trading strategy between two airline stocks: United Airline (ticker: UAL) and American Airline (ticker: AAL). Briefly describe the procedures of implementing your strategy, specifically explain how you would evaluate if pairs trading is a good strategy. a For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI U S Paragraph Open Sans,sa... 10pt v TE % od v V ABC x & 3 T X X2 > IT - T 92 15 Spellcheck... x +1 va n fo n