PAIR.TRADING

Press space to swap the legs.

0.0008757 ZEC

FIL = 0.9733 USDT
ZEC = 1111.43 USDT

export 1d data

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

FIL / ZEC ratio and spread

1 FIL = 0.0008757 ZEC. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.200 and the correlation between the legs is 0.37.

Set an alert on this pair The spread z-score is 2.46 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts
Hedge ratio β -0.200
Spread z-score 2.46
Correlation 0.37
Half-life 31.5 1d
β is negative: the legs moved in opposite directions, so this does not work as a pair.

Sign in to keep favourite pairs.

Alerts

Sign in to set your own alerts.

Key numbers

Current ratio0.000875719
Change 1d25.07%
Change 7d30.90%
Change 30d-36.36%
Period high0.0304306
Period low0.000655554
Hedge ratio β-0.200
Spread z-score2.46
Correlation0.37
Half-life32 d

over 350 daily candles

What the numbers say

The fitted hedge ratio is negative: over the window FIL and ZEC 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 2.46 standard deviations above its rolling mean — FIL is expensive relative to ZEC by the standards of this window.

Reversion is slow: the spread needs roughly 32 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 near the bottom of its range — only 1% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many ZEC is 1 FIL?

1 FIL is worth 0.000875719 ZEC at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the FIL/ZEC range?

Over the last 350 daily candles the ratio traded between 0.000655554 (10.09.2026) and 0.0304306 (29.09.2025).

Are FIL and ZEC correlated?

The correlation of daily log returns between FIL and ZEC is 0.37, 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 FIL/ZEC spread z-score now?

The z-score is 2.46 — 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 FIL/ZEC 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.

Converter

FIL
ZEC