Long CRDO / Short SMSN · 1h pair

Correlation: 0.63 · Cointegrated: yes
Z-score: -1.13 entry / -1.74 rolling
Half-life 1.5h · Hurst 0.86 · Hedge ratio 1.10
Pair volatility: 52.03%

Backtest: 55.56% win · Sharpe -0.10 · -0.09% return · 2.33% max drawdown