Pair is strongly diverging away from the mean. High risk of further deviation.
short spread · regime STRONG_DIVERGENCE (low confidence)
Signal
| Metric | Value |
|---|
| Rolling z-score | 1.70 |
| Z-score | 1.61 at entry |
| Correlation | 0.87 · cointegrated |
| Half-life | 0.9h |
| Hurst | 0.89 |
| Hedge ratio | 0.85 · long-term beta 0.79 |
| Beta stability | stable · current 0.85 · range 0.41–1.22 · 0 sign changes |
| Lead–lag peak corr | 0.87 |
| Pair volatility | 34.88% |
| Momentum | z-velocity +0.61 · acceleration +0.69 · vol ratio 0.29 |
Backtest
| Metric | Value |
|---|
| Win rate | 66.67% — 18W / 9L over 27 trades |
| Sharpe | 2.27 |
| Total return | +1.29% |
| Max drawdown | 0.84% |
- Pair: Long SKHX / Short DRAM
- Roll Z-Score: +1.70 (1h, 1.3h old); +1.25 (4h, 6.3h old); +0.77 (1d, 1.6d old)
- Correlation: 0.87 (1h), 0.89 (4h), 0.95 (1d)
- Cointegration: True across all reported timeframes
- Half-life: 22h (1h), 7h (4h), 2h (1d)
- Hurst: 0.89 (1h), 0.84 (4h), 0.50 (1d)
- Hedge ratio: 0.852 (1h), 0.847 (4h), 0.767 (1d)
- Sizing reference: 4h weights — 46% SKHX long / 54% DRAM short
- Technical remark: Favorable pair structure—positive spread deviation, strong correlation, and cointegration support mean reversion. However, elevated 1h/4h Hurst readings indicate persistence/trend risk; the 1d z-score has already moderated to +0.77.
- Direction note: The quant z-sign heuristic also gives Long SKHX / Short DRAM.
- News/sentiment: No sentiment data available for SKHX; no verified recent-news assessment was returned for either asset.
- Venue: Both listed on Hyperliquid under
xyz:; SKHX max 10x, DRAM max 20x.
SKHX
DRAM