BEAMX / XPL ratio and spread
1 BEAMX = 0.0595903 XPL. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.658 and the correlation between the legs is 0.50.
If you hold BEAMX · If you hold XPL
BEAMX has been more expensive against XPL than now only 0 % of the time over 1.1 years. If you hold BEAMX, this is worth a look at rotating into XPL.
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Key numbers
over 402 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 0.50, with a hedge ratio of 0.66. Signals from this pair carry more noise than on a tightly linked one.
The spread currently sits at 3.75 standard deviations above its rolling mean — BEAMX is expensive relative to XPL by the standards of this window.
Reversion is slow: the spread needs roughly 130 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 in the upper part of its range — 100% of the way from the low to the high of the last 402 daily candles.
When this happened before
Divergences over 223 candles: 3. Closed by a return to the norm: 2. The median return took 26 days, the longest one 28 days.
The last closed one ran from 17.06.2026 to 15.07.2026, 28 days: peak z = -2.79, XPL was expensive against BEAMX.
One is running right now: it started on 03.10.2026, has lasted 28 days, peak z = 3.77, BEAMX was expensive against XPL. It has not returned to the norm yet.
For a holder this answers not “what to do” but “how long it usually took”: the median return is 26 days. That is no guarantee — past divergences closed, this one may not.
| Period | Expensive leg | Peak z | Return |
|---|---|---|---|
| 17.06.2026 — 15.07.2026 | XPL | -2.79 | 28 d |
| 28.03.2026 — 21.04.2026 | XPL | -3.10 | 24 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 XPL is 1 BEAMX?
1 BEAMX is worth 0.0595903 XPL at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the BEAMX/XPL range?
Over the last 402 daily candles the ratio traded between 0.0045251 (28.09.2025) and 0.0595903 (31.10.2026).
Are BEAMX and XPL correlated?
The correlation of daily log returns between BEAMX and XPL is 0.50, 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 BEAMX/XPL spread z-score now?
The z-score is 3.75 — 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 BEAMX/XPL suitable for a pair trade?
The mechanics hold up: correlation is 0.50 and the spread historically covers half the way back to its mean in about 130 days. That is a description of past behaviour, not a forecast or a recommendation.
How often do BEAMX and XPL diverge?
Over 223 daily candles the spread left ±2σ 3 times. The median return to the norm took 26 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.