XAUT / XPL ratio and spread

1 XAUT = 39558.47 XPL. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.182 and the correlation between the legs is 0.34.

Set an alert on this pair The spread z-score is -0.40 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 XPL

Hedge ratio β 0.182

Spread z-score -0.40

Correlation 0.34

Half-life 16.2 1d

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

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Key numbers

Current ratio39558.5

Change 1d-11.65%

Change 7d-24.73%

Change 30d-15.07%

Period high63128.4

Period low28543.3

Hedge ratio β0.182

Spread z-score-0.40

Correlation0.34

Half-life16 d

over 183 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 0.34. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at -0.40 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 16 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 32% of the way from the low to the high of the last 183 daily candles.

Frequently asked

How many XPL is 1 XAUT?

1 XAUT is worth 39558.5 XPL at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the XAUT/XPL range?

Over the last 183 daily candles the ratio traded between 28543.3 (02.04.2026) and 63128.4 (06.06.2026).

Are XAUT and XPL correlated?

The correlation of daily log returns between XAUT and XPL is 0.34, 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/XPL spread z-score now?

The z-score is -0.40 — 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/XPL suitable for a pair trade?

Weakly. Correlation is only 0.34, 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.