MAGIC / TIA ratio and spread
1 MAGIC = 0.2472175 TIA. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.877 and the correlation between the legs is 0.71.
If you hold MAGIC · If you hold TIA
Sign in to keep favourite pairs.
Alerts
Sign in to set your own alerts.
Key numbers
over 376 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 closely together — correlation of daily log returns is 0.71. The fitted hedge ratio is 0.88, meaning roughly 0.88 units of TIA exposure balance one unit of MAGIC.
The spread is at 0.20 standard deviations from its rolling mean, which is effectively at its own norm.
Reversion is slow: the spread needs roughly 46 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 in the upper part of its range — 100% of the way from the low to the high of the last 376 daily candles.
Frequently asked
How many TIA is 1 MAGIC?
1 MAGIC is worth 0.247217 TIA at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the MAGIC/TIA range?
Over the last 376 daily candles the ratio traded between 0.0994176 (07.09.2026) and 0.247217 (09.10.2026).
Are MAGIC and TIA correlated?
The correlation of daily log returns between MAGIC and TIA is 0.71, which counts as a strong 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 MAGIC/TIA spread z-score now?
The z-score is 0.20 — 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 MAGIC/TIA suitable for a pair trade?
The mechanics hold up: correlation is 0.71 and the spread historically covers half the way back to its mean in about 46 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.