U / MOVR ratio and spread
1 U = 0.5560067 MOVR. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.000 and the correlation between the legs is -0.07.
If you hold U · If you hold MOVR
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Key numbers
over 261 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 -0.07. A spread built on such a weak link reverts by coincidence rather than by mechanism.
The spread is at -0.88 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 8 days, so a divergence here tends to resolve within weeks rather than months.
The current ratio sits mid-range — 29% of the way from the low to the high of the last 261 daily candles.
Frequently asked
How many MOVR is 1 U?
1 U is worth 0.556007 MOVR at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the U/MOVR range?
Over the last 261 daily candles the ratio traded between 0.227457 (17.04.2026) and 1.37349 (23.08.2026).
Are U and MOVR correlated?
The correlation of daily log returns between U and MOVR is -0.07, 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 U/MOVR spread z-score now?
The z-score is -0.88 — 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 U/MOVR suitable for a pair trade?
Weakly. Correlation is only -0.07, 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.