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5.466 HOLO

TRX = 0.341 USDT

HOLO = 0.062 USDT

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

TRX / HOLO ratio and spread

1 TRX = 5.466 HOLO. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.009 and the correlation between the legs is 0.36.

Set an alert on this pair The spread z-score is 1.64 right now. Get a message when it reaches your level — instead of watching the chart.

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Hedge ratio β 0.009

Spread z-score 1.64

Correlation 0.36

Half-life 52.7 1d

The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio5.46635

Change 1d1.32%

Change 7d11.34%

Change 30d18.73%

Period high6.09006

Period low1.26442

Hedge ratio β0.009

Spread z-score1.64

Correlation0.36

Half-life53 d

over 350 daily candles

How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.36. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at 1.64 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 53 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 in the upper part of its range — 87% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many HOLO is 1 TRX?

1 TRX is worth 5.46635 HOLO at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the TRX/HOLO range?

Over the last 350 daily candles the ratio traded between 1.26442 (29.09.2025) and 6.09006 (29.03.2026).

Are TRX and HOLO correlated?

The correlation of daily log returns between TRX and HOLO is 0.36, 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/HOLO spread z-score now?

The z-score is 1.64 — 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/HOLO suitable for a pair trade?

Weakly. Correlation is only 0.36, 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.