PAIR.TRADING

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3.954 DASH

TAO = 214.7 USDT
DASH = 54.3 USDT

export 1d data

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

TAO / DASH ratio and spread

1 TAO = 3.954 DASH. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.417 and the correlation between the legs is 0.38.

Set an alert on this pair The spread z-score is -2.07 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 0.417
Spread z-score -2.07
Correlation 0.38
Half-life 21.6 1d
The spread is beyond −2σ: historically such a divergence closed in about 22 days.

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Key numbers

Current ratio3.95396
Change 1d-8.32%
Change 7d-2.73%
Change 30d-38.88%
Period high13.569
Period low2.90552
Hedge ratio β0.417
Spread z-score-2.07
Correlation0.38
Half-life22 d

over 353 daily candles

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 currently sits at -2.07 standard deviations from its rolling mean — TAO is cheap relative to DASH by the standards of this window.

Historically the spread covers half the way back to its mean in about 22 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits near the bottom of its range — only 10% of the way from the low to the high of the last 353 daily candles.

Frequently asked

How many DASH is 1 TAO?

1 TAO is worth 3.95396 DASH at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the TAO/DASH range?

Over the last 353 daily candles the ratio traded between 2.90552 (16.01.2026) and 13.569 (30.09.2025).

Are TAO and DASH correlated?

The correlation of daily log returns between TAO and DASH 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 TAO/DASH spread z-score now?

The z-score is -2.07 — 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 TAO/DASH suitable for a pair trade?

Weakly. Correlation is only 0.38, so the legs do not reliably move together and the spread carries mostly idiosyncratic noise.

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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