DOGE / U ratio and spread
1 DOGE = 0.0761519 U. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -105.332 and the correlation between the legs is -0.16.
If you hold DOGE · If you hold U
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Key numbers
over 290 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 DOGE and U moved in opposite directions. A pair trade assumes the legs move together, so this combination does not qualify as one.
The spread is at -0.50 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 16 days, so a divergence here tends to resolve within weeks rather than months.
The current ratio sits near the bottom of its range — only 7% of the way from the low to the high of the last 290 daily candles.
When this happened before
Divergences over 111 candles: 1. Closed by a return to the norm: 1. The median return took 40 days, the longest one 40 days.
The last closed one ran from 12.07.2026 to 21.08.2026, 40 days: peak z = -2.27, U was expensive against DOGE.
For a holder this answers not “what to do” but “how long it usually took”: the median return is 40 days. That is no guarantee — past divergences closed, this one may not.
| Period | Expensive leg | Peak z | Return |
|---|---|---|---|
| 12.07.2026 — 21.08.2026 | U | -2.27 | 40 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 U is 1 DOGE?
1 DOGE is worth 0.0761519 U at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the DOGE/U range?
Over the last 290 daily candles the ratio traded between 0.0701039 (24.07.2026) and 0.1513 (14.01.2026).
Are DOGE and U correlated?
The correlation of daily log returns between DOGE and U 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 DOGE/U spread z-score now?
The z-score is -0.50 — 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 DOGE/U 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 DOGE and U diverge?
Over 111 daily candles the spread left ±2σ 1 times. The median return to the norm took 40 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.