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1.562 FIL
MOVR = 1.868 USDT
FIL = 1.196 USDT

MOVR / FIL ratio and spread

1 MOVR = 1.562 FIL. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.245 and the correlation between the legs is 0.51.

Set an alert on this pair The spread z-score is 0.07 right now. Get a message when it reaches your level — instead of watching the chart.
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If you hold MOVR · If you hold FIL

Hedge ratio β 1.245
Spread z-score 0.07
Percentile, 4.9 y 30
Correlation 0.51
Half-life 30.5 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio1.56174
Change 1d-3.10%
Change 7d71.58%
Change 30d55.97%
Period high8.32049
Period low0.816668
Hedge ratio β1.245
Spread z-score0.07
Correlation0.51
Half-life30 d

over 1794 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.51, with a hedge ratio of 1.25. Signals from this pair carry more noise than on a tightly linked one.

The spread is at 0.07 standard deviations from its rolling mean, which is effectively at its own norm.

Reversion is slow: the spread needs roughly 30 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 10% of the way from the low to the high of the last 1794 daily candles.

Frequently asked

How many FIL is 1 MOVR?

1 MOVR is worth 1.56174 FIL at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the MOVR/FIL range?

Over the last 1794 daily candles the ratio traded between 0.816668 (14.09.2026) and 8.32049 (08.11.2021).

Are MOVR and FIL correlated?

The correlation of daily log returns between MOVR and FIL is 0.51, 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 MOVR/FIL spread z-score now?

The z-score is 0.07 — 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 MOVR/FIL suitable for a pair trade?

The mechanics hold up: correlation is 0.51 and the spread historically covers half the way back to its mean in about 30 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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