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0.0067974 QNT
MOVR = 1.934 USDT
QNT = 284.52 USDT

MOVR / QNT ratio and spread

1 MOVR = 0.0067974 QNT. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.516 and the correlation between the legs is 0.27.

Set an alert on this pair The spread z-score is -4.82 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 QNT

MOVR is cheaper against QNT than in 1 % of the time over 1.0 years. If you hold QNT, this is worth a look at rotating into MOVR.

Hedge ratio β 1.516
Spread z-score -4.82
Percentile, 1.0 y 1
Correlation 0.27
Half-life none
The spread does not revert to its mean — it cannot be traded on reversion.

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Key numbers

Current ratio0.00679741
Change 1d63.20%
Change 7d-46.22%
Change 30d-49.40%
Period high0.0550871
Period low0.00369045
Hedge ratio β1.516
Spread z-score-4.82
Correlation0.27
Half-life—

over 367 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.27. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread currently sits at -4.82 standard deviations from its rolling mean — MOVR is cheap relative to QNT by the standards of this window.

The spread has not shown mean reversion over the sample: estimates longer than the available history are discarded rather than reported. Trading this pair on reversion has no statistical footing here.

The current ratio sits near the bottom of its range — only 6% of the way from the low to the high of the last 367 daily candles.

Frequently asked

How many QNT is 1 MOVR?

1 MOVR is worth 0.00679741 QNT at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the MOVR/QNT range?

Over the last 367 daily candles the ratio traded between 0.00369045 (28.09.2026) and 0.0550871 (05.10.2025).

Are MOVR and QNT correlated?

The correlation of daily log returns between MOVR and QNT is 0.27, 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 MOVR/QNT spread z-score now?

The z-score is -4.82 — 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 MOVR/QNT suitable for a pair trade?

Not on a reversion thesis. The spread has not returned to its mean within the available history, so there is nothing to trade back to.

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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