In this article, we explore a quantitative approach to spread trading with a slightly different setup than the classic model.Typically, spread trading involves going long on one asset and simultaneously shorting another to profit from temporary price divergences. In this case, however, we apply a long-only strategy, focusing exclusively on the long (buy) side.The idea is to identify moments when two highly correlated stocks temporarily diverge, buying the relatively weaker one in anticipation of a return to ...