PAIR.TRADING

Press space to swap the legs.

0.0533485 XAUT

TAO = 231.4 USDT
XAUT = 4337.52 USDT

export 1d data

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

TAO / XAUT ratio and spread

1 TAO = 0.0533485 XAUT. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 2.111 and the correlation between the legs is 0.32.

Set an alert on this pair The spread z-score is 0.54 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts
Hedge ratio β 2.111
Spread z-score 0.54
Correlation 0.32
Half-life 6.4 1d
The spread is within ±2σ — the pair is near its own norm.

Sign in to keep favourite pairs.

Alerts

Sign in to set your own alerts.

Key numbers

Current ratio0.0533485
Change 1d-2.14%
Change 7d-13.22%
Change 30d13.75%
Period high0.08
Period low0.0445471
Hedge ratio β2.111
Spread z-score0.54
Correlation0.32
Half-life6 d

over 172 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.32. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at 0.54 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 6 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 25% of the way from the low to the high of the last 172 daily candles.

Frequently asked

How many XAUT is 1 TAO?

1 TAO is worth 0.0533485 XAUT at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the TAO/XAUT range?

Over the last 172 daily candles the ratio traded between 0.0445471 (18.08.2026) and 0.08 (26.03.2026).

Are TAO and XAUT correlated?

The correlation of daily log returns between TAO and XAUT is 0.32, 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/XAUT spread z-score now?

The z-score is 0.54 — 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/XAUT suitable for a pair trade?

Weakly. Correlation is only 0.32, 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.

Converter

TAO
XAUT