MUBARAK / ALGO ratio and spread
1 MUBARAK = 0.4861303 ALGO. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.991 and the correlation between the legs is 0.43.
If you hold MUBARAK · If you hold ALGO
MUBARAK has been more expensive against ALGO than now only 1 % of the time over 1.5 years. If you hold MUBARAK, this is worth a look at rotating into ALGO.
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Key numbers
over 552 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 together only moderately — correlation of daily log returns is 0.43, with a hedge ratio of 0.99. Signals from this pair carry more noise than on a tightly linked one.
The spread currently sits at 2.30 standard deviations above its rolling mean — MUBARAK is expensive relative to ALGO by the standards of this window.
Historically the spread covers half the way back to its mean in about 19 days, so a divergence here tends to resolve within weeks rather than months.
The current ratio sits mid-range — 47% of the way from the low to the high of the last 552 daily candles.
Frequently asked
How many ALGO is 1 MUBARAK?
1 MUBARAK is worth 0.48613 ALGO at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the MUBARAK/ALGO range?
Over the last 552 daily candles the ratio traded between 0.0890551 (04.04.2026) and 0.925926 (27.03.2025).
Are MUBARAK and ALGO correlated?
The correlation of daily log returns between MUBARAK and ALGO is 0.43, 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 MUBARAK/ALGO spread z-score now?
The z-score is 2.30 — 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 MUBARAK/ALGO suitable for a pair trade?
The mechanics hold up: correlation is 0.43 and the spread historically covers half the way back to its mean in about 19 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.