PAIR.TRADING

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184.82 HOLO

LINK = 11.46 USDT
HOLO = 0.06 USDT

export 1d data

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

LINK / HOLO ratio and spread

1 LINK = 184.82 HOLO. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.764 and the correlation between the legs is 0.64.

Set an alert on this pair The spread z-score is 1.38 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 0.764
Spread z-score 1.38
Correlation 0.64
Half-life 27.1 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio184.823
Change 1d1.43%
Change 7d-5.21%
Change 30d49.01%
Period high199.199
Period low82.0225
Hedge ratio β0.764
Spread z-score1.38
Correlation0.64
Half-life27 d

over 350 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.64, with a hedge ratio of 0.76. Signals from this pair carry more noise than on a tightly linked one.

The spread is at 1.38 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.

Historically the spread covers half the way back to its mean in about 27 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits in the upper part of its range — 88% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many HOLO is 1 LINK?

1 LINK is worth 184.823 HOLO at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the LINK/HOLO range?

Over the last 350 daily candles the ratio traded between 82.0225 (29.09.2025) and 199.199 (07.09.2026).

Are LINK and HOLO correlated?

The correlation of daily log returns between LINK and HOLO is 0.64, 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 LINK/HOLO spread z-score now?

The z-score is 1.38 — 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 LINK/HOLO suitable for a pair trade?

The mechanics hold up: correlation is 0.64 and the spread historically covers half the way back to its mean in about 27 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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