PAIR.TRADING

Press space to swap the legs.

0.0001193 ETH

AVA = 0.2928 USDT
ETH = 2454.18 USDT

export 1d data

Derived series only: the ratio of the two legs and the spread z-score. Exchange candles are not included.

AVA / ETH ratio and spread

1 AVA = 0.0001193 ETH. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.012 and the correlation between the legs is 0.63.

Set an alert on this pair The spread z-score is -1.90 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts
Hedge ratio β 1.012
Spread z-score -1.90
Correlation 0.63
Half-life 28.2 1d
The spread is within ±2σ — the pair is near its own norm.

Sign in to keep favourite pairs.

Alerts

Sign in to set your own alerts.

Key numbers

Current ratio0.000119307
Change 1d78.93%
Change 7d84.47%
Change 30d31.50%
Period high0.000138904
Period low0.000060052738382365
Hedge ratio β1.012
Spread z-score-1.90
Correlation0.63
Half-life28 d

over 354 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.63, with a hedge ratio of 1.01. Signals from this pair carry more noise than on a tightly linked one.

The spread is at -1.90 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 28 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 75% of the way from the low to the high of the last 354 daily candles.

Frequently asked

How many ETH is 1 AVA?

1 AVA is worth 0.000119307 ETH at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the AVA/ETH range?

Over the last 354 daily candles the ratio traded between 0.000060052738382365 (11.09.2026) and 0.000138904 (28.10.2025).

Are AVA and ETH correlated?

The correlation of daily log returns between AVA and ETH is 0.63, 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 AVA/ETH spread z-score now?

The z-score is -1.90 — 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 AVA/ETH suitable for a pair trade?

The mechanics hold up: correlation is 0.63 and the spread historically covers half the way back to its mean in about 28 days. That is a description of past behaviour, not a forecast or a recommendation.

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.

Converter

AVA
ETH