Correlation: 0.82 · Cointegrated: yes
Z-score: -1.16 entry / -2.58 rolling
Half-life 5.8h · Hurst 0.92 · Hedge ratio 0.64
Pair volatility: 28.38%
Backtest: 78.57% win · Sharpe 4.41 · 2.50% return · 0.68% max drawdown
Pair Analysis: Long APT / Short XRP
- Roll Z-Score: -2.86 (1h) | -2.35 (4h) | -1.04 (1d)
- Note: Negative z-scores indicate the APT/XRP spread is currently statistically "cheap" (below the mean), supporting a mean-reversion long on the spread.
- Correlation: 0.82 (1h)
- Hedge Ratio: 0.63 (4h)
- Sentiment:
- APT: Bullish. Driven by ecosystem development and structural upgrades (AIP-146), creating a demand-side anchor.
- XRP: Bearish. Persistent downtrend below the 200-day EMA with retail demand at multi-year lows, despite whale accumulation.
Remark:
This setup is currently well-aligned. The statistical mean-reversion signal (negative z-score) suggests APT is undervalued relative to XRP, which converges with the fundamental divergence in sentiment (bullish APT vs. bearish XRP). The 1h z-score of -2.86 is a strong signal, though ensure you verify recent price action as the snapshot is ~1.2 hours old.
APT
XRP