BTC / OGN ratio and spread

1 BTC = 2065001.27 OGN. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.466 and the correlation between the legs is 0.52.

Set an alert on this pair The spread z-score is 0.83 right now. Get a message when it reaches your level — instead of watching the chart.

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Hedge ratio β 0.466

Spread z-score 0.83

Percentile, 1.0 y 70

Correlation 0.52

Half-life 14.8 1d

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

Alerts

Key numbers

Current ratio2065001.27

Change 1d-46.58%

Change 7d-49.52%

Change 30d-51.36%

Period high4441616.19

Period low1846423.1

Hedge ratio β0.466

Spread z-score0.83

Correlation0.52

Half-life15 d

over 374 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 0.52, with a hedge ratio of 0.47. Signals from this pair carry more noise than on a tightly linked one.

The spread is at 0.83 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 15 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits near the bottom of its range — only 8% of the way from the low to the high of the last 374 daily candles.

Frequently asked

How many OGN is 1 BTC?

1 BTC is worth 2065001.27 OGN at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the BTC/OGN range?

Over the last 374 daily candles the ratio traded between 1846423.1 (03.10.2025) and 4441616.19 (17.09.2026).

Are BTC and OGN correlated?

The correlation of daily log returns between BTC and OGN is 0.52, 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 BTC/OGN spread z-score now?

The z-score is 0.83 — 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/OGN suitable for a pair trade?

The mechanics hold up: correlation is 0.52 and the spread historically covers half the way back to its mean in about 15 days. That is a description of past behaviour, not a forecast or a recommendation.

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.