SOPH / ZRO ratio and spread
1 SOPH = 0.0008407 ZRO. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.900 and the correlation between the legs is 0.38.
If you hold SOPH · If you hold ZRO
SOPH is cheaper against ZRO than in 4 % of the time over 1.1 years. If you hold ZRO, this is worth a look at rotating into SOPH.
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Key numbers
over 398 daily candles
How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.
What the numbers say
The legs barely move together: correlation of daily log returns is only 0.38. A spread built on such a weak link reverts by coincidence rather than by mechanism.
The spread is at -1.95 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.
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 near the bottom of its range — only 0% of the way from the low to the high of the last 398 daily candles.
When this happened before
Divergences over 219 candles: 2. Closed by a return to the norm: 1. The median return took 19 days, the longest one 19 days.
The last closed one ran from 19.08.2026 to 07.09.2026, 19 days: peak z = -3.63, ZRO was expensive against SOPH.
One is running right now: it started on 23.09.2026, has lasted 38 days, peak z = -3.66, ZRO was expensive against SOPH. It has not returned to the norm yet.
For a holder this answers not “what to do” but “how long it usually took”: the median return is 19 days. That is no guarantee — past divergences closed, this one may not.
| Period | Expensive leg | Peak z | Return |
|---|---|---|---|
| 19.08.2026 — 07.09.2026 | ZRO | -3.63 | 19 d |
A divergence here is the spread z-score leaving ±2σ; the return is the first value back inside ±0.5σ. Two thresholds rather than one: otherwise chatter right at the border would count as a dozen separate divergences. The first bars of the window are skipped — there z is computed on partial history.
Frequently asked
How many ZRO is 1 SOPH?
1 SOPH is worth 0.000840708 ZRO at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the SOPH/ZRO range?
Over the last 398 daily candles the ratio traded between 0.00083004 (26.10.2026) and 0.0186156 (24.10.2025).
Are SOPH and ZRO correlated?
The correlation of daily log returns between SOPH and ZRO is 0.38, 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 SOPH/ZRO spread z-score now?
The z-score is -1.95 — 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 SOPH/ZRO 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.
How often do SOPH and ZRO diverge?
Over 219 daily candles the spread left ±2σ 2 times. The median return to the norm took 19 days.
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.