PAIR.TRADING

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0.5584936 HOLO

CVC = 0.03485 USDT
HOLO = 0.0624 USDT

export 1d data

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

CVC / HOLO ratio and spread

1 CVC = 0.5584936 HOLO. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.968 and the correlation between the legs is 0.38.

Set an alert on this pair The spread z-score is 6.47 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 0.968
Spread z-score 6.47
Correlation 0.38
Half-life 35.1 1d
The spread is beyond +2σ: historically such a divergence closed in about 35 days.

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Key numbers

Current ratio0.558494
Change 1d54.25%
Change 7d76.87%
Change 30d133.75%
Period high0.845914
Period low0.173493
Hedge ratio β0.968
Spread z-score6.47
Correlation0.38
Half-life35 d

over 350 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.38. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread currently sits at 6.47 standard deviations above its rolling mean — CVC is expensive relative to HOLO by the standards of this window.

Reversion is slow: the spread needs roughly 35 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 mid-range — 57% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many HOLO is 1 CVC?

1 CVC is worth 0.558494 HOLO at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the CVC/HOLO range?

Over the last 350 daily candles the ratio traded between 0.173493 (12.08.2026) and 0.845914 (08.01.2026).

Are CVC and HOLO correlated?

The correlation of daily log returns between CVC and HOLO is 0.38, 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 CVC/HOLO spread z-score now?

The z-score is 6.47 — 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 CVC/HOLO suitable for a pair trade?

Weakly. Correlation is only 0.38, 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.

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