ADA / U ratio and spread
1 ADA = 0.2064619 U. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -220.136 and the correlation between the legs is -0.12.
Sign in to keep favourite pairs.
Alerts
Sign in to set your own alerts.
Key numbers
over 244 daily candles
How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.
What the numbers say
The fitted hedge ratio is negative: over the window ADA and U moved in opposite directions. A pair trade assumes the legs move together, so this combination does not qualify as one.
The spread is at -0.23 standard deviations from its rolling mean, which is effectively at its own norm.
Historically the spread covers half the way back to its mean in about 16 days, so a divergence here tends to resolve within weeks rather than months.
The current ratio sits mid-range — 21% of the way from the low to the high of the last 244 daily candles.
Frequently asked
How many U is 1 ADA?
1 ADA is worth 0.206462 U at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the ADA/U range?
Over the last 244 daily candles the ratio traded between 0.146295 (30.06.2026) and 0.427215 (14.01.2026).
Are ADA and U correlated?
The correlation of daily log returns between ADA and U is -0.12, which counts as a weak link. Log returns are used rather than prices: two rising assets correlate almost by default, joint day-to-day movement is what matters.
What is the ADA/U spread z-score now?
The z-score is -0.23 — the spread is within its usual range. It measures how far the regression residual log(A) − β·log(B) sits from its rolling mean, in standard deviations.
Is ADA/U suitable for a pair trade?
No. The fitted hedge ratio is negative, meaning the legs moved in opposite directions over the window — the market-neutral construction that pair trading relies on does not hold here.
Related pairs
Other pairs sharing a leg with this one.
All figures are computed from exchange data and describe past behaviour. Nothing here is investment advice.