TRX / OGN ratio and spread
1 TRX = 8.564 OGN. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.080 and the correlation between the legs is 0.37.
If you hold TRX · If you hold OGN
Sign in to keep favourite pairs.
Alerts
Sign in to set your own alerts.
Key numbers
over 374 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 OGN moved in opposite directions. A pair trade assumes the legs move together, so this combination does not qualify as one.
The spread is at 0.51 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 28 days, so a divergence here tends to resolve within weeks rather than months.
The current ratio sits mid-range — 21% of the way from the low to the high of the last 374 daily candles.
Frequently asked
How many OGN is 1 TRX?
1 TRX is worth 8.56445 OGN at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the TRX/OGN range?
Over the last 374 daily candles the ratio traded between 5.15499 (03.10.2025) and 21.5586 (31.07.2026).
Are TRX and OGN correlated?
The correlation of daily log returns between TRX and OGN is 0.37, 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/OGN spread z-score now?
The z-score is 0.51 — 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/OGN 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.