XAUT / MOVR ratio and spread

1 XAUT = 2328.63 MOVR. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.048 and the correlation between the legs is 0.26.

Set an alert on this pair The spread z-score is -0.78 right now. Get a message when it reaches your level — instead of watching the chart.

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If you hold XAUT · If you hold MOVR

Hedge ratio β 0.048

Spread z-score -0.78

Correlation 0.26

Half-life 24.8 1d

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

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Key numbers

Current ratio2328.63

Change 1d-45.45%

Change 7d-49.44%

Change 30d-56.02%

Period high6410.21

Period low1106.71

Hedge ratio β0.048

Spread z-score-0.78

Correlation0.26

Half-life25 d

over 189 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 0.26. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at -0.78 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 25 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 23% of the way from the low to the high of the last 189 daily candles.

Frequently asked

How many MOVR is 1 XAUT?

1 XAUT is worth 2328.63 MOVR at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the XAUT/MOVR range?

Over the last 189 daily candles the ratio traded between 1106.71 (17.04.2026) and 6410.21 (25.08.2026).

Are XAUT and MOVR correlated?

The correlation of daily log returns between XAUT and MOVR is 0.26, 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 XAUT/MOVR spread z-score now?

The z-score is -0.78 — 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 XAUT/MOVR suitable for a pair trade?

Weakly. Correlation is only 0.26, 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.