PAIR.TRADING

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31.78 AVAX

TAO = 234.6 USDT
AVAX = 7.38 USDT

export 1d data

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

TAO / AVAX ratio and spread

1 TAO = 31.78 AVAX. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.444 and the correlation between the legs is 0.62.

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Hedge ratio β 0.444
Spread z-score 0.98
Correlation 0.62
Half-life 20.3 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio31.7843
Change 1d0.40%
Change 7d-7.33%
Change 30d0.55%
Period high41.5403
Period low10.1525
Hedge ratio β0.444
Spread z-score0.98
Correlation0.62
Half-life20 d

over 350 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.62, with a hedge ratio of 0.44. Signals from this pair carry more noise than on a tightly linked one.

The spread is at 0.98 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 — 69% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many AVAX is 1 TAO?

1 TAO is worth 31.7843 AVAX at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the TAO/AVAX range?

Over the last 350 daily candles the ratio traded between 10.1525 (29.09.2025) and 41.5403 (14.06.2026).

Are TAO and AVAX correlated?

The correlation of daily log returns between TAO and AVAX is 0.62, 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 TAO/AVAX spread z-score now?

The z-score is 0.98 — 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 TAO/AVAX suitable for a pair trade?

The mechanics hold up: correlation is 0.62 and the spread historically covers half the way back to its mean in about 20 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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