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8972.67 TIA
PAXG = 4192.03 USDT
TIA = 0.47 USDT

PAXG / TIA ratio and spread

1 PAXG = 8972.67 TIA. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.214 and the correlation between the legs is 0.09.

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If you hold PAXG · If you hold TIA

Hedge ratio β -0.214
Spread z-score 0.20
Percentile, 2.9 y 74
Correlation 0.09
Half-life 20.1 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 ratio8972.67
Change 1d4.25%
Change 7d-7.04%
Change 30d-16.30%
Period high17302.6
Period low95.0264
Hedge ratio β-0.214
Spread z-score0.20
Correlation0.09
Half-life20 d

over 1075 daily candles

What the numbers say

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

The spread is at 0.20 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 20 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 52% of the way from the low to the high of the last 1075 daily candles.

Frequently asked

How many TIA is 1 PAXG?

1 PAXG is worth 8972.67 TIA at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the PAXG/TIA range?

Over the last 1075 daily candles the ratio traded between 95.0264 (10.02.2024) and 17302.6 (24.02.2026).

Are PAXG and TIA correlated?

The correlation of daily log returns between PAXG and TIA is 0.09, 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/TIA spread z-score now?

The z-score is 0.20 — 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/TIA 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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PAXG
TIA