PAIR.TRADING

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655.73 TRX

BCH = 223.8 USDT
TRX = 0.34 USDT

export 1d data

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

BCH / TRX ratio and spread

1 BCH = 655.73 TRX. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -2.984 and the correlation between the legs is 0.37.

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Hedge ratio β -2.984
Spread z-score 0.65
Correlation 0.37
Half-life 30.2 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 ratio655.728
Change 1d-2.76%
Change 7d-16.85%
Change 30d5.82%
Period high2264.46
Period low592.526
Hedge ratio β-2.984
Spread z-score0.65
Correlation0.37
Half-life30 d

over 350 daily candles

What the numbers say

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

The spread is at 0.65 standard deviations from its rolling mean, which is effectively at its own norm.

Reversion is slow: the spread needs roughly 30 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 near the bottom of its range — only 4% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many TRX is 1 BCH?

1 BCH is worth 655.728 TRX at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the BCH/TRX range?

Over the last 350 daily candles the ratio traded between 592.526 (24.06.2026) and 2264.46 (05.01.2026).

Are BCH and TRX correlated?

The correlation of daily log returns between BCH and TRX is 0.37, 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 BCH/TRX spread z-score now?

The z-score is 0.65 — 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 BCH/TRX 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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