AI / INIT ratio and spread
1 AI = 0.1312109 INIT. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.023 and the correlation between the legs is 0.45.
If you hold AI · If you hold INIT
AI is cheaper against INIT than in 0 % of the time over 1.1 years. If you hold INIT, this is worth a look at rotating into AI.
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Key numbers
over 391 daily candles
How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.
What the numbers say
The legs move together only moderately — correlation of daily log returns is 0.45, with a hedge ratio of 1.02. Signals from this pair carry more noise than on a tightly linked one.
The spread currently sits at -2.53 standard deviations from its rolling mean — AI is cheap relative to INIT by the standards of this window.
Reversion is slow: the spread needs roughly 65 days to cover half the way back to its mean. A position would have to be held for a long time.
The current ratio sits near the bottom of its range — only 0% of the way from the low to the high of the last 391 daily candles.
When this happened before
Divergences over 212 candles: 1, and none of them has closed with a return to the norm yet.
One is running right now: it started on 25.09.2026, has lasted 29 days, peak z = -2.99, INIT was expensive against AI. It has not returned to the norm yet.
A divergence here is the spread z-score leaving ±2σ; the return is the first value back inside ±0.5σ. Two thresholds rather than one: otherwise chatter right at the border would count as a dozen separate divergences. The first bars of the window are skipped — there z is computed on partial history.
Frequently asked
How many INIT is 1 AI?
1 AI is worth 0.131211 INIT at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the AI/INIT range?
Over the last 391 daily candles the ratio traded between 0.131211 (24.10.2026) and 0.543307 (01.11.2025).
Are AI and INIT correlated?
The correlation of daily log returns between AI and INIT is 0.45, which counts as a moderate 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 AI/INIT spread z-score now?
The z-score is -2.53 — the spread is stretched beyond two standard deviations. It measures how far the regression residual log(A) − β·log(B) sits from its rolling mean, in standard deviations.
Is AI/INIT suitable for a pair trade?
The mechanics hold up: correlation is 0.45 and the spread historically covers half the way back to its mean in about 65 days. That is a description of past behaviour, not a forecast or a recommendation.
How often do AI and INIT diverge?
Over 212 daily candles the spread left ±2σ 1 times, and none of those divergences has closed with a return to the norm yet.
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.