Anjos, FernandoGiesen, Ferdinand Harro2024-12-062024-12-062024-01-122024-01-12http://hdl.handle.net/10362/176293The aim of this paper is to examine the implementation of a pairs trading strategy for the two retail companies Walmart and Target. For this purpose, a company valuation using a DCF and Multiple Approach was performed, which shows a current overvaluation of Walmart and undervaluation of Target. The pair was subsequently checked for the application of a mean reversion strategy using correlation and cointegration analyses. With a developed trading strategy that would have provided a 100% return based on historical performance, it is recommended to open a short position in Walmart and a long position in Target.engValuationTradingFinancial marketsRetailmaster thesis203681169