PAIR.TRADING

Press space to swap the legs.

15.36 DOGE

ZRO = 1.45 USDT
DOGE = 0.09 USDT

export 1d data

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

ZRO / DOGE ratio and spread

1 ZRO = 15.36 DOGE. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.587 and the correlation between the legs is 0.54.

Set an alert on this pair The spread z-score is 2.65 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts
Hedge ratio β 0.587
Spread z-score 2.65
Correlation 0.54
Half-life 43.8 1d
The spread is beyond +2σ: historically such a divergence closed in about 44 days.

Sign in to keep favourite pairs.

Alerts

Sign in to set your own alerts.

Key numbers

Current ratio15.3618
Change 1d30.12%
Change 7d23.17%
Change 30d20.48%
Period high27.665
Period low8.35459
Hedge ratio β0.587
Spread z-score2.65
Correlation0.54
Half-life44 d

over 360 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.54, with a hedge ratio of 0.59. Signals from this pair carry more noise than on a tightly linked one.

The spread currently sits at 2.65 standard deviations above its rolling mean — ZRO is expensive relative to DOGE by the standards of this window.

Reversion is slow: the spread needs roughly 44 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 — 36% of the way from the low to the high of the last 360 daily candles.

Frequently asked

How many DOGE is 1 ZRO?

1 ZRO is worth 15.3618 DOGE at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the ZRO/DOGE range?

Over the last 360 daily candles the ratio traded between 8.35459 (31.10.2025) and 27.665 (11.02.2026).

Are ZRO and DOGE correlated?

The correlation of daily log returns between ZRO and DOGE is 0.54, which counts as a moderate 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 ZRO/DOGE spread z-score now?

The z-score is 2.65 — 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 ZRO/DOGE suitable for a pair trade?

The mechanics hold up: correlation is 0.54 and the spread historically covers half the way back to its mean in about 44 days. That is a description of past behaviour, not a forecast or a recommendation.

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.

Converter

ZRO
DOGE