PAIR.TRADING

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2780.94 ZRO
XAUT = 4277.09 USDT
ZRO = 1.54 USDT

XAUT / ZRO ratio and spread

1 XAUT = 2780.94 ZRO. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.152 and the correlation between the legs is 0.34.

Set an alert on this pair The spread z-score is -2.33 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 ZRO

Hedge ratio β 0.152
Spread z-score -2.33
Correlation 0.34
Half-life 6.6 1d
The spread is beyond −2σ: historically such a divergence closed in about 7 days.

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Key numbers

Current ratio2780.94
Change 1d-10.64%
Change 7d-34.91%
Change 30d-20.13%
Period high5605.97
Period low2046.38
Hedge ratio β0.152
Spread z-score-2.33
Correlation0.34
Half-life7 d

over 183 daily candles

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 currently sits at -2.33 standard deviations from its rolling mean — XAUT is cheap relative to ZRO by the standards of this window.

Historically the spread covers half the way back to its mean in about 7 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 21% of the way from the low to the high of the last 183 daily candles.

Frequently asked

How many ZRO is 1 XAUT?

1 XAUT is worth 2780.94 ZRO at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the XAUT/ZRO range?

Over the last 183 daily candles the ratio traded between 2046.38 (26.03.2026) and 5605.97 (16.08.2026).

Are XAUT and ZRO correlated?

The correlation of daily log returns between XAUT and ZRO 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/ZRO spread z-score now?

The z-score is -2.33 — 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 XAUT/ZRO 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.

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