PAIR.TRADING
↔

Press space to swap the legs.

8.18E-5 ZEC
POL = 0.10053 USDT
ZEC = 1229.15 USDT

POL / ZEC ratio and spread

1 POL = 8.18E-5 ZEC. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.145 and the correlation between the legs is 0.33.

Set an alert on this pair The spread z-score is 1.21 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts

If you hold POL · If you hold ZEC

Hedge ratio β -0.145
Spread z-score 1.21
Percentile, 1.0 y 7
Correlation 0.33
Half-life 43.0 1d
β is negative: the legs moved in opposite directions, so this does not work as a pair.

Sign in to keep favourite pairs.

Alerts

Sign in to set your own alerts.

Key numbers

Current ratio0.000081788227636985
Change 1d-1.69%
Change 7d-0.89%
Change 30d4.54%
Period high0.00313573
Period low0.000066864207622356
Hedge ratio β-0.145
Spread z-score1.21
Correlation0.33
Half-life43 d

over 377 daily candles

What the numbers say

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

The spread is at 1.21 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.

Reversion is slow: the spread needs roughly 43 days to cover half the way back to its mean. A position would have to be held for a long time.

The current ratio sits near the bottom of its range — only 0% of the way from the low to the high of the last 377 daily candles.

Frequently asked

How many ZEC is 1 POL?

1 POL is worth 0.000081788227636985 ZEC at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the POL/ZEC range?

Over the last 377 daily candles the ratio traded between 0.000066864207622356 (18.09.2026) and 0.00313573 (29.09.2025).

Are POL and ZEC correlated?

The correlation of daily log returns between POL and ZEC is 0.33, 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 POL/ZEC spread z-score now?

The z-score is 1.21 — 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 POL/ZEC 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.

Converter

POL
ZEC