DOGE / HAEDAL ratio and spread
1 DOGE = 2.796 HAEDAL. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.551 and the correlation between the legs is 0.62.
If you hold DOGE · If you hold HAEDAL
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Key numbers
over 394 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 0.62, with a hedge ratio of 0.55. Signals from this pair carry more noise than on a tightly linked one.
The spread currently sits at -2.11 standard deviations from its rolling mean — DOGE is cheap relative to HAEDAL by the standards of this window.
Historically the spread covers half the way back to its mean in about 7 days, so a divergence here tends to resolve within weeks rather than months.
The current ratio sits mid-range — 35% of the way from the low to the high of the last 394 daily candles.
When this happened before
Divergences over 215 candles: 4. Closed by a return to the norm: 3. The median return took 23 days, the longest one 33 days.
The last closed one ran from 22.09.2026 to 10.10.2026, 18 days: peak z = 2.56, DOGE was expensive against HAEDAL.
One is running right now: it started on 27.10.2026, has lasted 0 days, peak z = -2.11, HAEDAL was expensive against DOGE. It has not returned to the norm yet.
For a holder this answers not “what to do” but “how long it usually took”: the median return is 23 days. That is no guarantee — past divergences closed, this one may not.
| Period | Expensive leg | Peak z | Return |
|---|---|---|---|
| 22.09.2026 — 10.10.2026 | DOGE | 2.56 | 18 d |
| 21.08.2026 — 13.09.2026 | DOGE | 2.77 | 23 d |
| 27.03.2026 — 29.04.2026 | HAEDAL | -2.83 | 33 d |
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 HAEDAL is 1 DOGE?
1 DOGE is worth 2.79629 HAEDAL at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the DOGE/HAEDAL range?
Over the last 394 daily candles the ratio traded between 1.58601 (06.11.2025) and 5.06926 (05.09.2026).
Are DOGE and HAEDAL correlated?
The correlation of daily log returns between DOGE and HAEDAL is 0.62, 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 DOGE/HAEDAL spread z-score now?
The z-score is -2.11 — 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 DOGE/HAEDAL suitable for a pair trade?
The mechanics hold up: correlation is 0.62 and the spread historically covers half the way back to its mean in about 7 days. That is a description of past behaviour, not a forecast or a recommendation.
How often do DOGE and HAEDAL diverge?
Over 215 daily candles the spread left ±2σ 4 times. The median return to the norm took 23 days.
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.