PAIR.TRADING

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0.1343333 ZAMA

BABY = 0.01227 USDT
ZAMA = 0.09134 USDT

export 1d data

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

BABY / ZAMA ratio and spread

1 BABY = 0.1343333 ZAMA. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.176 and the correlation between the legs is 0.09.

Set an alert on this pair The spread z-score is 1.11 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 ZAMA

Hedge ratio β -0.176
Spread z-score 1.11
Correlation 0.09
Half-life 6.5 1d
β is negative: the legs moved in opposite directions, so this does not work as a pair.

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Key numbers

Current ratio0.134333
Change 1d3.31%
Change 7d-41.47%
Change 30d-35.21%
Period high1.10807
Period low0.130035
Hedge ratio β-0.176
Spread z-score1.11
Correlation0.09
Half-life7 d

over 234 daily candles

What the numbers say

The fitted hedge ratio is negative: over the window BABY and ZAMA moved in opposite directions. A pair trade assumes the legs move together, so this combination does not qualify as one.

The spread is at 1.11 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 7 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits near the bottom of its range — only 0% of the way from the low to the high of the last 234 daily candles.

Frequently asked

How many ZAMA is 1 BABY?

1 BABY is worth 0.134333 ZAMA at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the BABY/ZAMA range?

Over the last 234 daily candles the ratio traded between 0.130035 (22.09.2026) and 1.10807 (03.05.2026).

Are BABY and ZAMA correlated?

The correlation of daily log returns between BABY and ZAMA is 0.09, 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/ZAMA spread z-score now?

The z-score is 1.11 — 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 BABY/ZAMA suitable for a pair trade?

No. The fitted hedge ratio is negative, meaning the legs moved in opposite directions over the window — the market-neutral construction that pair trading relies on does not hold here.

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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