DODO / XAUT ratio and spread
1 DODO = 6.3E-6 XAUT. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.424 and the correlation between the legs is 0.18.
If you hold DODO · If you hold XAUT
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Key numbers
over 214 daily candles
How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.
What the numbers say
The fitted hedge ratio is negative: over the window DODO and XAUT moved in opposite directions. A pair trade assumes the legs move together, so this combination does not qualify as one.
The spread currently sits at 3.23 standard deviations above its rolling mean — DODO is expensive relative to XAUT by the standards of this window.
Historically the spread covers half the way back to its mean in about 5 days, so a divergence here tends to resolve within weeks rather than months.
The current ratio sits mid-range — 71% of the way from the low to the high of the last 214 daily candles.
When this happened before
Divergences over 35 candles: 1, and none of them has closed with a return to the norm yet.
One is running right now: it started on 26.10.2026, has lasted 0 days, peak z = 3.23, DODO was expensive against XAUT. It has not returned to the norm yet.
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 XAUT is 1 DODO?
1 DODO is worth 0.00000632004950248 XAUT at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the DODO/XAUT range?
Over the last 214 daily candles the ratio traded between 0.000003025543806194 (31.03.2026) and 0.000007657425322016 (06.08.2026).
Are DODO and XAUT correlated?
The correlation of daily log returns between DODO and XAUT is 0.18, 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 DODO/XAUT spread z-score now?
The z-score is 3.23 — 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 DODO/XAUT 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.
How often do DODO and XAUT diverge?
Over 35 daily candles the spread left ±2σ 1 times, and none of those divergences has closed with a return to the norm yet.
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.