ALICE / TRUMP ratio and spread
1 ALICE = 0.0949612 TRUMP. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.522 and the correlation between the legs is 0.29.
If you hold ALICE · If you hold TRUMP
ALICE has been more expensive against TRUMP than now only 1 % of the time over 1.0 years. If you hold ALICE, this is worth a look at rotating into TRUMP.
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Key numbers
over 369 daily candles
How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.
What the numbers say
The legs barely move together: correlation of daily log returns is only 0.29. A spread built on such a weak link reverts by coincidence rather than by mechanism.
The spread currently sits at 3.71 standard deviations above its rolling mean — ALICE is expensive relative to TRUMP by the standards of this window.
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 — 68% of the way from the low to the high of the last 369 daily candles.
Frequently asked
How many TRUMP is 1 ALICE?
1 ALICE is worth 0.0949612 TRUMP at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the ALICE/TRUMP range?
Over the last 369 daily candles the ratio traded between 0.0276937 (14.03.2026) and 0.125936 (15.08.2026).
Are ALICE and TRUMP correlated?
The correlation of daily log returns between ALICE and TRUMP is 0.29, 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 ALICE/TRUMP spread z-score now?
The z-score is 3.71 — 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 ALICE/TRUMP suitable for a pair trade?
Weakly. Correlation is only 0.29, so the legs do not reliably move together and the spread carries mostly idiosyncratic noise.
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.