ALT / BMT ratio and spread
1 ALT = 0.5063506 BMT. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.979 and the correlation between the legs is 0.44.
If you hold ALT · If you hold BMT
ALT has been more expensive against BMT than now only 0 % of the time over 1.1 years. If you hold ALT, this is worth a look at rotating into BMT.
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Key numbers
over 389 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 0.44, with a hedge ratio of 0.98. Signals from this pair carry more noise than on a tightly linked one.
The spread is at 1.46 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.
Historically the spread covers half the way back to its mean in about 6 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 389 daily candles.
When this happened before
Divergences over 210 candles: 5. Closed by a return to the norm: 5. The median return took 7 days, the longest one 48 days.
The last closed one ran from 09.08.2026 to 26.09.2026, 48 days: peak z = -9.71, BMT was expensive against ALT.
For a holder this answers not “what to do” but “how long it usually took”: the median return is 7 days. That is no guarantee — past divergences closed, this one may not.
| Period | Expensive leg | Peak z | Return |
|---|---|---|---|
| 09.08.2026 — 26.09.2026 | BMT | -9.71 | 48 d |
| 16.07.2026 — 23.07.2026 | ALT | 2.40 | 7 d |
| 19.06.2026 — 20.06.2026 | ALT | 2.12 | 1 d |
| 13.05.2026 — 20.05.2026 | BMT | -2.46 | 7 d |
| 27.03.2026 — 16.04.2026 | BMT | -3.48 | 20 d |
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 BMT is 1 ALT?
1 ALT is worth 0.506351 BMT at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the ALT/BMT range?
Over the last 389 daily candles the ratio traded between 0.149507 (10.08.2026) and 0.674647 (22.05.2026).
Are ALT and BMT correlated?
The correlation of daily log returns between ALT and BMT is 0.44, 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 ALT/BMT spread z-score now?
The z-score is 1.46 — 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 ALT/BMT suitable for a pair trade?
The mechanics hold up: correlation is 0.44 and the spread historically covers half the way back to its mean in about 6 days. That is a description of past behaviour, not a forecast or a recommendation.
How often do ALT and BMT diverge?
Over 210 daily candles the spread left ±2σ 5 times. The median return to the norm took 7 days.
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.