TRX / G ratio and spread
1 TRX = 45.25 G. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.059 and the correlation between the legs is 0.19.
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Key numbers
over 355 daily candles
How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.
What the numbers say
The fitted hedge ratio is negative: over the window TRX and G moved in opposite directions. A pair trade assumes the legs move together, so this combination does not qualify as one.
The spread is at 1.30 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.
Reversion is slow: the spread needs roughly 35 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 14% of the way from the low to the high of the last 355 daily candles.
Frequently asked
How many G is 1 TRX?
1 TRX is worth 45.2547 G at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the TRX/G range?
Over the last 355 daily candles the ratio traded between 32.4484 (03.10.2025) and 122.831 (22.06.2026).
Are TRX and G correlated?
The correlation of daily log returns between TRX and G is 0.19, 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 TRX/G spread z-score now?
The z-score is 1.30 — 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 TRX/G suitable for a pair trade?
No. The fitted hedge ratio is negative, meaning the legs moved in opposite directions over the window — the market-neutral construction that pair trading relies on does not hold here.
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.