Z-score (1.49) is too close to the mean to be considered for a trade.
Regime: IDLE (high confidence)
Correlation: 0.80 · Cointegrated: yes
Z-score: 1.53 entry / 1.49 rolling
Half-life 1.2h · Hurst 0.92 · Hedge ratio 1.02
Pair volatility: 41.27%
Backtest: 64.29% win · Sharpe 1.83 · 1.29% return · 1.46% max drawdown
Pair Analysis: Long SKHX / Short DRAM
This pair is tradeable on Hyperliquid (xyz deployer, USDC collateral).
Statistical Snapshot
- 1h Roll Z-Score: 1.49 (DRAM is statistically rich relative to SKHX)
- 4h Roll Z-Score: 0.56 (DRAM is statistically rich relative to SKHX)
- 1d Roll Z-Score: -0.97 (SKHX is statistically rich relative to DRAM)
- Correlation: 0.80 (1h) to 0.95 (1d)
- Half-Life: 29h (1h TF) / 11h (4h TF)
Analysis Notes
- Directional Alignment: Your chosen direction (Long SKHX / Short DRAM) aligns with the 1h and 4h z-score signals, which indicate that DRAM is currently rich relative to SKHX.
- Timeframe Divergence: There is a notable divergence between the shorter-term (1h/4h) and longer-term (1d) z-scores. The 1h/4h signals suggest mean reversion by shorting DRAM, while the 1d signal suggests the opposite. This indicates potential volatility in the spread or a regime shift; the 1d signal is significantly older (1.8 days) and may not capture recent price action.
- Sentiment: No specific sentiment data is available for these assets.
- Execution: Both assets are listed on the
xyz deployer and require USDC collateral. Ensure you have sufficient USDC in your account to cover the margin requirements for both legs.
SKHX
DRAM