PAIR.TRADING

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81.35 LTC

PAXG = 4305.95 USDT
LTC = 52.93 USDT

export 1d data

Derived series only: the ratio of the two legs and the spread z-score. Exchange candles are not included.

PAXG / LTC ratio and spread

1 PAXG = 81.35 LTC. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.074 and the correlation between the legs is 0.20.

Set an alert on this pair The spread z-score is 0.47 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β -0.074
Spread z-score 0.47
Correlation 0.20
Half-life 27.2 1d
β is negative: the legs moved in opposite directions, so this does not work as a pair.

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Key numbers

Current ratio81.3518
Change 1d0.68%
Change 7d3.01%
Change 30d-16.82%
Period high101.892
Period low29.6566
Hedge ratio β-0.074
Spread z-score0.47
Correlation0.20
Half-life27 d

over 352 daily candles

What the numbers say

The fitted hedge ratio is negative: over the window PAXG and LTC moved in opposite directions. A pair trade assumes the legs move together, so this combination does not qualify as one.

The spread is at 0.47 standard deviations from its rolling mean, which is effectively at its own norm.

Historically the spread covers half the way back to its mean in about 27 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 72% of the way from the low to the high of the last 352 daily candles.

Frequently asked

How many LTC is 1 PAXG?

1 PAXG is worth 81.3518 LTC at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the PAXG/LTC range?

Over the last 352 daily candles the ratio traded between 29.6566 (10.10.2025) and 101.892 (28.02.2026).

Are PAXG and LTC correlated?

The correlation of daily log returns between PAXG and LTC is 0.20, 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 PAXG/LTC spread z-score now?

The z-score is 0.47 — 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 PAXG/LTC suitable for a pair trade?

No. The fitted hedge ratio is negative, meaning the legs moved in opposite directions over the window — the market-neutral construction that pair trading relies on does not hold here.

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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