PAIR.TRADING

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149.75 STRK

INJ = 6.56 USDT
STRK = 0.04 USDT

export 1d data

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

INJ / STRK ratio and spread

1 INJ = 149.75 STRK. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.317 and the correlation between the legs is 0.56.

Set an alert on this pair The spread z-score is 1.42 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 0.317
Spread z-score 1.42
Correlation 0.56
Half-life 39.5 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio149.749
Change 1d-21.74%
Change 7d-25.58%
Change 30d-21.24%
Period high218.034
Period low23.6154
Hedge ratio β0.317
Spread z-score1.42
Correlation0.56
Half-life40 d

over 355 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.56, with a hedge ratio of 0.32. Signals from this pair carry more noise than on a tightly linked one.

The spread is at 1.42 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.

Reversion is slow: the spread needs roughly 40 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 mid-range — 65% of the way from the low to the high of the last 355 daily candles.

Frequently asked

How many STRK is 1 INJ?

1 INJ is worth 149.749 STRK at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the INJ/STRK range?

Over the last 355 daily candles the ratio traded between 23.6154 (21.11.2025) and 218.034 (15.09.2026).

Are INJ and STRK correlated?

The correlation of daily log returns between INJ and STRK is 0.56, 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 INJ/STRK spread z-score now?

The z-score is 1.42 — 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 INJ/STRK suitable for a pair trade?

The mechanics hold up: correlation is 0.56 and the spread historically covers half the way back to its mean in about 40 days. That is a description of past behaviour, not a forecast or a recommendation.

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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