PAIR.TRADING

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0.0002801 TAO

ZAMA = 0.07581 USDT
TAO = 270.7 USDT

export 1d data

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

ZAMA / TAO ratio and spread

1 ZAMA = 0.0002801 TAO. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.203 and the correlation between the legs is 0.24.

Set an alert on this pair The spread z-score is 1.77 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β -0.203
Spread z-score 1.77
Correlation 0.24
Half-life 68.4 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 ratio0.000280052
Change 1d29.49%
Change 7d33.85%
Change 30d29.88%
Period high0.000335584
Period low0.000065275362318841
Hedge ratio β-0.203
Spread z-score1.77
Correlation0.24
Half-life68 d

over 230 daily candles

What the numbers say

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

The spread is at 1.77 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.

Reversion is slow: the spread needs roughly 68 days to cover half the way back to its mean. A position would have to be held for a long time.

The current ratio sits mid-range — 79% of the way from the low to the high of the last 230 daily candles.

Frequently asked

How many TAO is 1 ZAMA?

1 ZAMA is worth 0.000280052 TAO at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the ZAMA/TAO range?

Over the last 230 daily candles the ratio traded between 0.000065275362318841 (07.04.2026) and 0.000335584 (25.07.2026).

Are ZAMA and TAO correlated?

The correlation of daily log returns between ZAMA and TAO is 0.24, 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/TAO spread z-score now?

The z-score is 1.77 — 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/TAO 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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