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0.2266128 MUBARAK

BABY = 0.01233 USDT
MUBARAK = 0.05441 USDT

export 1d data

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

BABY / MUBARAK ratio and spread

1 BABY = 0.2266128 MUBARAK. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.192 and the correlation between the legs is 0.40.

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BABY is cheaper against MUBARAK than in 0 % of the time over 1.5 years. If you hold MUBARAK, this is worth a look at rotating into BABY.

Hedge ratio β 1.192
Spread z-score -3.95
Percentile, 1.5 y 0
Correlation 0.40
Half-life 220.3 1d
The spread is beyond −2σ: historically such a divergence closed in about 220 days.

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Key numbers

Current ratio0.226613
Change 1d-19.30%
Change 7d-35.92%
Change 30d-57.69%
Period high5.4744
Period low0.226613
Hedge ratio β1.192
Spread z-score-3.95
Correlation0.40
Half-life220 d

over 532 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.40. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread currently sits at -3.95 standard deviations from its rolling mean — BABY is cheap relative to MUBARAK by the standards of this window.

Reversion is slow: the spread needs roughly 220 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 532 daily candles.

Frequently asked

How many MUBARAK is 1 BABY?

1 BABY is worth 0.226613 MUBARAK at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the BABY/MUBARAK range?

Over the last 532 daily candles the ratio traded between 0.226613 (23.09.2026) and 5.4744 (12.04.2025).

Are BABY and MUBARAK correlated?

The correlation of daily log returns between BABY and MUBARAK is 0.40, 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 BABY/MUBARAK spread z-score now?

The z-score is -3.95 — 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 BABY/MUBARAK suitable for a pair trade?

Weakly. Correlation is only 0.40, 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.

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