PAIR.TRADING

Press space to swap the legs.

31.81 STEEM

TRUMP = 1.93 USDT
STEEM = 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.

TRUMP / STEEM ratio and spread

1 TRUMP = 31.81 STEEM. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.680 and the correlation between the legs is 0.39.

Set an alert on this pair The spread z-score is -6.26 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts
Hedge ratio β 1.680
Spread z-score -6.26
Correlation 0.39
Half-life 14.8 1d
The spread is beyond −2σ: historically such a divergence closed in about 15 days.

Sign in to keep favourite pairs.

Alerts

Sign in to set your own alerts.

Key numbers

Current ratio31.8144
Change 1d-21.92%
Change 7d-38.55%
Change 30d-20.06%
Period high110.52
Period low31.4614
Hedge ratio β1.680
Spread z-score-6.26
Correlation0.39
Half-life15 d

over 350 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.39. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread currently sits at -6.26 standard deviations from its rolling mean — TRUMP is cheap relative to STEEM by the standards of this window.

Historically the spread covers half the way back to its mean in about 15 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits near the bottom of its range — only 0% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many STEEM is 1 TRUMP?

1 TRUMP is worth 31.8144 STEEM at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the TRUMP/STEEM range?

Over the last 350 daily candles the ratio traded between 31.4614 (05.05.2026) and 110.52 (10.11.2025).

Are TRUMP and STEEM correlated?

The correlation of daily log returns between TRUMP and STEEM is 0.39, 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 TRUMP/STEEM spread z-score now?

The z-score is -6.26 — 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 TRUMP/STEEM suitable for a pair trade?

Weakly. Correlation is only 0.39, so the legs do not reliably move together and the spread carries mostly idiosyncratic noise.

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

TRUMP
STEEM