PAIR.TRADING

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159.37 TRX

DASH = 53.5 USDT
TRX = 0.34 USDT

export 1d data

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

DASH / TRX ratio and spread

1 DASH = 159.37 TRX. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.850 and the correlation between the legs is 0.16.

Set an alert on this pair The spread z-score is 1.44 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β -0.850
Spread z-score 1.44
Correlation 0.16
Half-life 15.3 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 ratio159.368
Change 1d-0.02%
Change 7d-18.23%
Change 30d73.18%
Period high524.659
Period low68.2855
Hedge ratio β-0.850
Spread z-score1.44
Correlation0.16
Half-life15 d

over 353 daily candles

What the numbers say

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

The spread is at 1.44 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 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 20% of the way from the low to the high of the last 353 daily candles.

Frequently asked

How many TRX is 1 DASH?

1 DASH is worth 159.368 TRX at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the DASH/TRX range?

Over the last 353 daily candles the ratio traded between 68.2855 (30.09.2025) and 524.659 (04.11.2025).

Are DASH and TRX correlated?

The correlation of daily log returns between DASH and TRX is 0.16, 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 DASH/TRX spread z-score now?

The z-score is 1.44 — 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 DASH/TRX 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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