PAIR.TRADING

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4.12E-5 DASH
NOM = 0.002443 USDT
DASH = 59.31 USDT

NOM / DASH ratio and spread

1 NOM = 4.12E-5 DASH. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.306 and the correlation between the legs is 0.10.

Set an alert on this pair The spread z-score is -1.06 right now. Get a message when it reaches your level — instead of watching the chart.
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If you hold NOM · If you hold DASH

Hedge ratio β 1.306
Spread z-score -1.06
Correlation 0.10
Half-life 29.3 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio0.000041190355757882
Change 1d49.66%
Change 7d47.26%
Change 30d11.19%
Period high0.0015067
Period low0.000024529740721912
Hedge ratio β1.306
Spread z-score-1.06
Correlation0.10
Half-life29 d

over 359 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.10. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at -1.06 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 29 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits near the bottom of its range — only 1% of the way from the low to the high of the last 359 daily candles.

Frequently asked

How many DASH is 1 NOM?

1 NOM is worth 0.000041190355757882 DASH at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the NOM/DASH range?

Over the last 359 daily candles the ratio traded between 0.000024529740721912 (06.09.2026) and 0.0015067 (01.10.2025).

Are NOM and DASH correlated?

The correlation of daily log returns between NOM and DASH is 0.10, 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 NOM/DASH spread z-score now?

The z-score is -1.06 — 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 NOM/DASH suitable for a pair trade?

Weakly. Correlation is only 0.10, so the legs do not reliably move together and the spread carries mostly idiosyncratic noise.

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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