BTC / ALICE ratio and spread

1 BTC = 431967.68 ALICE. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.472 and the correlation between the legs is 0.35.

Set an alert on this pair The spread z-score is -0.85 right now. Get a message when it reaches your level — instead of watching the chart.

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Hedge ratio β 0.472

Spread z-score -0.85

Percentile, 1.0 y 15

Correlation 0.35

Half-life 6.4 1d

The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio431968

Change 1d-12.58%

Change 7d-21.81%

Change 30d-23.32%

Period high665187

Period low185274

Hedge ratio β0.472

Spread z-score-0.85

Correlation0.35

Half-life6 d

over 369 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 0.35. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at -0.85 standard deviations from its rolling mean, which is effectively at its own norm.

Historically the spread covers half the way back to its mean in about 6 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 51% of the way from the low to the high of the last 369 daily candles.

Frequently asked

How many ALICE is 1 BTC?

1 BTC is worth 431968 ALICE at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the BTC/ALICE range?

Over the last 369 daily candles the ratio traded between 185274 (09.10.2025) and 665187 (13.04.2026).

Are BTC and ALICE correlated?

The correlation of daily log returns between BTC and ALICE is 0.35, 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 BTC/ALICE spread z-score now?

The z-score is -0.85 — 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 BTC/ALICE suitable for a pair trade?

Weakly. Correlation is only 0.35, 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.