QNT / ALGO ratio and spread
1 QNT = 1776.65 ALGO. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.424 and the correlation between the legs is 0.41.
If you hold QNT · If you hold ALGO
QNT has been more expensive against ALGO than now only 0 % of the time over 1.0 years. If you hold QNT, this is worth a look at rotating into ALGO.
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Key numbers
over 365 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 0.41, with a hedge ratio of 0.42. Signals from this pair carry more noise than on a tightly linked one.
The spread currently sits at 10.56 standard deviations above its rolling mean — QNT is expensive relative to ALGO by the standards of this window.
The spread has not shown mean reversion over the sample: estimates longer than the available history are discarded rather than reported. Trading this pair on reversion has no statistical footing here.
The current ratio sits in the upper part of its range — 100% of the way from the low to the high of the last 365 daily candles.
Frequently asked
How many ALGO is 1 QNT?
1 QNT is worth 1776.65 ALGO at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the QNT/ALGO range?
Over the last 365 daily candles the ratio traded between 415.203 (28.10.2025) and 1776.65 (28.09.2026).
Are QNT and ALGO correlated?
The correlation of daily log returns between QNT and ALGO is 0.41, 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 QNT/ALGO spread z-score now?
The z-score is 10.56 — 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 QNT/ALGO suitable for a pair trade?
Not on a reversion thesis. The spread has not returned to its mean within the available history, so there is nothing to trade back to.
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.