PAIR.TRADING

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1885.05 NEAR

XAUT = 4339.39 USDT
NEAR = 2.3 USDT

export 1d data

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

XAUT / NEAR ratio and spread

1 XAUT = 1885.05 NEAR. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.122 and the correlation between the legs is 0.27.

Set an alert on this pair The spread z-score is 1.08 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β -0.122
Spread z-score 1.08
Correlation 0.27
Half-life 13.7 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 ratio1885.05
Change 1d4.97%
Change 7d6.35%
Change 30d-29.25%
Period high3947.79
Period low1449.06
Hedge ratio β-0.122
Spread z-score1.08
Correlation0.27
Half-life14 d

over 172 daily candles

What the numbers say

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

The spread is at 1.08 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.

Historically the spread covers half the way back to its mean in about 14 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits near the bottom of its range — only 17% of the way from the low to the high of the last 172 daily candles.

Frequently asked

How many NEAR is 1 XAUT?

1 XAUT is worth 1885.05 NEAR at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the XAUT/NEAR range?

Over the last 172 daily candles the ratio traded between 1449.06 (03.06.2026) and 3947.79 (02.04.2026).

Are XAUT and NEAR correlated?

The correlation of daily log returns between XAUT and NEAR is 0.27, 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/NEAR spread z-score now?

The z-score is 1.08 — 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/NEAR 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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