PAIR.TRADING

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3806.45 HOLO

TAO = 236 USDT
HOLO = 0.06 USDT

export 1d data

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

TAO / HOLO ratio and spread

1 TAO = 3806.45 HOLO. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.517 and the correlation between the legs is 0.41.

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Hedge ratio β 0.517
Spread z-score 1.43
Correlation 0.41
Half-life 18.3 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio3806.45
Change 1d2.38%
Change 7d-4.21%
Change 30d34.79%
Period high6265.34
Period low1171.91
Hedge ratio β0.517
Spread z-score1.43
Correlation0.41
Half-life18 d

over 350 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.41, with a hedge ratio of 0.52. Signals from this pair carry more noise than on a tightly linked one.

The spread is at 1.43 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 18 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 52% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many HOLO is 1 TAO?

1 TAO is worth 3806.45 HOLO at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the TAO/HOLO range?

Over the last 350 daily candles the ratio traded between 1171.91 (29.09.2025) and 6265.34 (25.03.2026).

Are TAO and HOLO correlated?

The correlation of daily log returns between TAO and HOLO is 0.41, 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 TAO/HOLO spread z-score now?

The z-score is 1.43 — 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 TAO/HOLO suitable for a pair trade?

The mechanics hold up: correlation is 0.41 and the spread historically covers half the way back to its mean in about 18 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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