Correlation: 0.60 · Cointegrated: yes
Z-score: 1.12 entry / 2.26 rolling
Half-life 1.0h · Hurst 0.90 · Hedge ratio 2.01
Pair volatility: 27.94%
Backtest: 76.92% win · Sharpe 4.06 · 3.30% return · 1.44% max drawdown
Pair Analysis: Long SUPER / Short ANIME
- Roll Z-Score: 3.95 (1h), 2.51 (4h), 1.12 (1d)
- Interpretation: The spread is significantly extended, with ANIME currently "rich" relative to SUPER. The positive z-score indicates the pair is trading well above its historical mean, supporting a mean-reversion trade (Short ANIME / Long SUPER).
- Correlation: 0.60 (1h)
- Hedge Ratio (4h): 2.053 (Sizing: ~67% SUPER / ~33% ANIME)
- Sentiment Context:
- SUPER: Neutral. While backed by strong infrastructure, the asset faces potential supply pressure from investor token releases.
- ANIME: Bearish. Sentiment is heavily weighed down by significant upcoming token unlocks (approx. 44.75% of market cap), creating a fundamental catalyst for potential underperformance.
- Remark: This setup is statistically compelling, as the positive z-score aligns with the fundamental bearish pressure on ANIME. The trade effectively captures the mean reversion of an overextended spread while positioning against a token facing substantial supply-side headwinds. Note that the 1h z-score is ~1.2h old; verify current price action before entry.
SUPER
ANIME