PAIR.TRADING

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0.8677105 DOGE

ZAMA = 0.07648 USDT
DOGE = 0.08814 USDT

export 1d data

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

ZAMA / DOGE ratio and spread

1 ZAMA = 0.8677105 DOGE. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -1.311 and the correlation between the legs is 0.27.

Set an alert on this pair The spread z-score is 1.90 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β -1.311
Spread z-score 1.90
Correlation 0.27
Half-life 16.7 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 ratio0.86771
Change 1d40.85%
Change 7d49.27%
Change 30d54.02%
Period high0.920258
Period low0.193247
Hedge ratio β-1.311
Spread z-score1.90
Correlation0.27
Half-life17 d

over 230 daily candles

What the numbers say

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

The spread is at 1.90 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 17 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits in the upper part of its range — 93% of the way from the low to the high of the last 230 daily candles.

Frequently asked

How many DOGE is 1 ZAMA?

1 ZAMA is worth 0.86771 DOGE at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the ZAMA/DOGE range?

Over the last 230 daily candles the ratio traded between 0.193247 (15.02.2026) and 0.920258 (29.07.2026).

Are ZAMA and DOGE correlated?

The correlation of daily log returns between ZAMA and DOGE 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 ZAMA/DOGE spread z-score now?

The z-score is 1.90 — 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 ZAMA/DOGE 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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