Z-score (-1.47) is too close to the mean to be considered for a trade.
Regime: IDLE (high confidence)
Correlation: 0.63 · Cointegrated: yes
Z-score: -1.75 entry / -1.47 rolling
Half-life 1.3h · Hurst 0.88 · Hedge ratio 1.39
Pair volatility: 33.08%
Backtest: 60.00% win · Sharpe 0.10 · 0.03% return · 2.27% max drawdown
Pair Analysis: Long GLW / Short INTC
- Roll Z-Score (1h): -1.47 (GLW is statistically cheap relative to INTC)
- Roll Z-Score (4h): 0.12 (Neutral)
- Roll Z-Score (1d): -0.70 (GLW is statistically cheap relative to INTC)
- Correlation: 0.63 (1h)
- Hedge Ratio (4h): 1.404 (Sizing: ~42% GLW / ~58% INTC)
Setup Remark:
The 1h z-score of -1.47 indicates a strong mean-reversion opportunity, suggesting GLW is currently undervalued relative to INTC. This aligns with the bearish sentiment surrounding INTC, where recent earnings beats have been met with skepticism due to ongoing foundry losses and lack of clear catalysts. While the 4h timeframe is currently neutral, the 1h signal provides a fresh entry point for a mean-reversion trade.
Venue Status:
- GLW: Listed on Hyperliquid (
para:GLW), max 10x leverage.
- INTC: Listed on Hyperliquid (
xyz:INTC), max 10x leverage.
Note: Z-scores are snapshots; the 1h data is ~1.3 hours old. Verify recent price action before execution.
GLW
INTC