PAIR.TRADING

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0.0121372 WLD

REZ = 0.004725 USDT
WLD = 0.3893 USDT

export 1d data

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

REZ / WLD ratio and spread

1 REZ = 0.0121372 WLD. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.788 and the correlation between the legs is 0.42.

Set an alert on this pair The spread z-score is 2.35 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 0.788
Spread z-score 2.35
Correlation 0.42
Half-life 40.4 1d
The spread is beyond +2σ: historically such a divergence closed in about 40 days.

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Key numbers

Current ratio0.0121372
Change 1d16.08%
Change 7d62.63%
Change 30d49.26%
Period high0.0258041
Period low0.00480307
Hedge ratio β0.788
Spread z-score2.35
Correlation0.42
Half-life40 d

over 350 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.42, with a hedge ratio of 0.79. Signals from this pair carry more noise than on a tightly linked one.

The spread currently sits at 2.35 standard deviations above its rolling mean — REZ is expensive relative to WLD by the standards of this window.

Reversion is slow: the spread needs roughly 40 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 — 35% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many WLD is 1 REZ?

1 REZ is worth 0.0121372 WLD at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the REZ/WLD range?

Over the last 350 daily candles the ratio traded between 0.00480307 (19.06.2026) and 0.0258041 (09.05.2026).

Are REZ and WLD correlated?

The correlation of daily log returns between REZ and WLD is 0.42, 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 REZ/WLD spread z-score now?

The z-score is 2.35 — 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 REZ/WLD suitable for a pair trade?

The mechanics hold up: correlation is 0.42 and the spread historically covers half the way back to its mean in about 40 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.

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