BABY / SAGA ratio and spread

1 BABY = 0.3236473 SAGA. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.555 and the correlation between the legs is 0.29.

Set an alert on this pair The spread z-score is -4.40 right now. Get a message when it reaches your level — instead of watching the chart.

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If you hold BABY · If you hold SAGA

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

Hedge ratio β 0.555

Spread z-score -4.40

Percentile, 1.5 y 0

Correlation 0.29

Half-life 22.7 1d

The spread is beyond −2σ: historically such a divergence closed in about 23 days.

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Key numbers

Current ratio0.323647

Change 1d27.33%

Change 7d-42.73%

Change 30d-59.94%

Period high1.76936

Period low0.155423

Hedge ratio β0.555

Spread z-score-4.40

Correlation0.29

Half-life23 d

over 534 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 -4.40 standard deviations from its rolling mean — BABY is cheap relative to SAGA by the standards of this window.

Historically the spread covers half the way back to its mean in about 23 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits near the bottom of its range — only 10% of the way from the low to the high of the last 534 daily candles.

Frequently asked

How many SAGA is 1 BABY?

1 BABY is worth 0.323647 SAGA at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the BABY/SAGA range?

Over the last 534 daily candles the ratio traded between 0.155423 (20.07.2025) and 1.76936 (03.05.2026).

Are BABY and SAGA correlated?

The correlation of daily log returns between BABY and SAGA 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 BABY/SAGA spread z-score now?

The z-score is -4.40 — 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/SAGA 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.