PAIR.TRADING

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0.0024245 TRX

VTHO = 0.000827 USDT
TRX = 0.3411 USDT

export 1d data

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

VTHO / TRX ratio and spread

1 VTHO = 0.0024245 TRX. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -2.442 and the correlation between the legs is 0.41.

Set an alert on this pair The spread z-score is 5.08 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β -2.442
Spread z-score 5.08
Correlation 0.41
Half-life 29.6 1d
β is negative: the legs moved in opposite directions, so this does not work as a pair.

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Key numbers

Current ratio0.00242451
Change 1d3.67%
Change 7d90.95%
Change 30d150.46%
Period high0.00492991
Period low0.000942721
Hedge ratio β-2.442
Spread z-score5.08
Correlation0.41
Half-life30 d

over 350 daily candles

What the numbers say

The fitted hedge ratio is negative: over the window VTHO and TRX moved in opposite directions. A pair trade assumes the legs move together, so this combination does not qualify as one.

The spread currently sits at 5.08 standard deviations above its rolling mean — VTHO is expensive relative to TRX by the standards of this window.

Historically the spread covers half the way back to its mean in about 30 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 37% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many TRX is 1 VTHO?

1 VTHO is worth 0.00242451 TRX at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the VTHO/TRX range?

Over the last 350 daily candles the ratio traded between 0.000942721 (18.08.2026) and 0.00492991 (04.10.2025).

Are VTHO and TRX correlated?

The correlation of daily log returns between VTHO and TRX is 0.41, which counts as a moderate 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 VTHO/TRX spread z-score now?

The z-score is 5.08 — the spread is stretched beyond two standard deviations. It measures how far the regression residual log(A) − β·log(B) sits from its rolling mean, in standard deviations.

Is VTHO/TRX 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.

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