PAIR.TRADING

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0.7125821 TRUMP

RAY = 1.4102 USDT
TRUMP = 1.979 USDT

export 1d data

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

RAY / TRUMP ratio and spread

1 RAY = 0.7125821 TRUMP. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.552 and the correlation between the legs is 0.47.

Set an alert on this pair The spread z-score is 2.93 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 0.552
Spread z-score 2.93
Correlation 0.47
Half-life 55.7 1d
The spread is beyond +2σ: historically such a divergence closed in about 56 days.

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Key numbers

Current ratio0.712582
Change 1d-10.25%
Change 7d24.20%
Change 30d63.00%
Period high0.858621
Period low0.137133
Hedge ratio β0.552
Spread z-score2.93
Correlation0.47
Half-life56 d

over 351 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.47, with a hedge ratio of 0.55. Signals from this pair carry more noise than on a tightly linked one.

The spread currently sits at 2.93 standard deviations above its rolling mean — RAY is expensive relative to TRUMP by the standards of this window.

Reversion is slow: the spread needs roughly 56 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 mid-range — 80% of the way from the low to the high of the last 351 daily candles.

Frequently asked

How many TRUMP is 1 RAY?

1 RAY is worth 0.712582 TRUMP at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the RAY/TRUMP range?

Over the last 351 daily candles the ratio traded between 0.137133 (14.03.2026) and 0.858621 (12.09.2026).

Are RAY and TRUMP correlated?

The correlation of daily log returns between RAY and TRUMP is 0.47, 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 RAY/TRUMP spread z-score now?

The z-score is 2.93 — 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 RAY/TRUMP suitable for a pair trade?

The mechanics hold up: correlation is 0.47 and the spread historically covers half the way back to its mean in about 56 days. That is a description of past behaviour, not a forecast or a recommendation.

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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