Correlation: 0.84 · Cointegrated: yes
Z-score: 1.17 entry / 3.20 rolling
Half-life 1.4h · Hurst 0.88 · Hedge ratio 0.88
Pair volatility: 27.15%
Backtest: 79.17% win · Sharpe 4.52 · 2.90% return · 0.65% max drawdown
Pair Analysis: Long MOODENG / Short BOME
- Statistical Alignment: The trade is well-aligned with mean-reversion signals. The 1h Roll Z-Score is 3.36 and the 4h Roll Z-Score is 2.75, indicating that BOME is statistically "rich" relative to MOODENG.
- Sentiment Divergence: The setup is supported by a clear sentiment split:
- MOODENG: Bullish sentiment, characterized by a 136% surge in 24-hour trading volume and net whale inflows.
- BOME: Bearish sentiment, with an 8.4% weekly decline and a 30% drop in volume, suggesting a loss of speculative momentum.
- Hedge Weights (4h): 46.7% MOODENG / 53.3% BOME.
- Technical Context:
- Correlation: 0.81 (4h).
- Cointegration: True (1h/4h).
- Half-Life: 9h (4h timeframe), suggesting a relatively fast mean-reversion window.
Note: The 1h/4h z-scores are snapshots (1.2h/5.2h old). Given the high volatility in meme assets, verify current price action before entry, as the "richness" of BOME may have shifted intraday.
MOODENG
BOME