PAIR.TRADING

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4.438 ZAMA

TRX = 0.338 USDT
ZAMA = 0.076 USDT

export 1d data

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

TRX / ZAMA ratio and spread

1 TRX = 4.438 ZAMA. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.125 and the correlation between the legs is 0.14.

Set an alert on this pair The spread z-score is -0.94 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 0.125
Spread z-score -0.94
Correlation 0.14
Half-life 18.4 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio4.43787
Change 1d-33.30%
Change 7d-36.01%
Change 30d-38.65%
Period high14.4697
Period low4.43787
Hedge ratio β0.125
Spread z-score-0.94
Correlation0.14
Half-life18 d

over 230 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.14. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at -0.94 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 18 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits near the bottom of its range — only 0% of the way from the low to the high of the last 230 daily candles.

Frequently asked

How many ZAMA is 1 TRX?

1 TRX is worth 4.43787 ZAMA at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the TRX/ZAMA range?

Over the last 230 daily candles the ratio traded between 4.43787 (19.09.2026) and 14.4697 (10.03.2026).

Are TRX and ZAMA correlated?

The correlation of daily log returns between TRX and ZAMA is 0.14, 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/ZAMA spread z-score now?

The z-score is -0.94 — 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/ZAMA suitable for a pair trade?

Weakly. Correlation is only 0.14, 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.

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