PAIR.TRADING

Press space to swap the legs.

251.19 PENGU

TRUMP = 2.22 USDT
PENGU = 0.01 USDT

export 1d data

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

TRUMP / PENGU ratio and spread

1 TRUMP = 251.19 PENGU. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.017 and the correlation between the legs is 0.54.

Set an alert on this pair The spread z-score is -0.62 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts
Hedge ratio β 1.017
Spread z-score -0.62
Correlation 0.54
Half-life 62.9 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 ratio251.188
Change 1d-5.15%
Change 7d-10.91%
Change 30d-11.48%
Period high604.771
Period low207.666
Hedge ratio β1.017
Spread z-score-0.62
Correlation0.54
Half-life63 d

over 359 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.54, with a hedge ratio of 1.02. Signals from this pair carry more noise than on a tightly linked one.

The spread is at -0.62 standard deviations from its rolling mean, which is effectively at its own norm.

Reversion is slow: the spread needs roughly 63 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 near the bottom of its range — only 11% of the way from the low to the high of the last 359 daily candles.

Frequently asked

How many PENGU is 1 TRUMP?

1 TRUMP is worth 251.188 PENGU at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the TRUMP/PENGU range?

Over the last 359 daily candles the ratio traded between 207.666 (05.05.2026) and 604.771 (23.11.2025).

Are TRUMP and PENGU correlated?

The correlation of daily log returns between TRUMP and PENGU is 0.54, 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 TRUMP/PENGU spread z-score now?

The z-score is -0.62 — 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 TRUMP/PENGU suitable for a pair trade?

The mechanics hold up: correlation is 0.54 and the spread historically covers half the way back to its mean in about 63 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.

Converter

TRUMP
PENGU