Z-score (-1.33) is too close to the mean to be considered for a trade.
long spread · 5× leverage · regime IDLE (high confidence)
Signal
| Metric | Value |
|---|
| Rolling z-score | -1.33 |
| Z-score | -1.75 at entry |
| Correlation | 0.75 · cointegrated |
| Half-life | 0.7h |
| Hurst | 0.85 |
| Hedge ratio | 0.75 · long-term beta 0.78 |
| Beta stability | stable · current 0.75 · range 0.33–1.59 · 0 sign changes |
| Lead–lag peak corr | 0.75 |
| Pair volatility | 28.49% |
| Momentum | z-velocity -2.13 · acceleration -2.06 · vol ratio 0.34 |
Backtest
| Metric | Value |
|---|
| Win rate | 76.19% — 16W / 5L over 21 trades |
| Sharpe | 2.72 |
| Total return | +1.60% |
| Max drawdown | 0.74% |
Pair Analysis: Long PNUT / Short TURBO
- Roll Z-Score: -1.33 (1h) / 1.03 (4h) / -0.42 (1d)
- Correlation: 0.75 (1h)
- Half-Life: 17h (1h) / 5h (4h)
- Hedge Ratio: 0.752 (1h) / 0.835 (4h)
Analysis & Sentiment:
- Mixed Signals: The pair exhibits significant timeframe divergence. The 1h z-score (-1.33) suggests PNUT is currently "cheap" relative to TURBO, supporting your long-PNUT/short-TURBO bias. However, the 4h z-score (1.03) indicates the opposite, suggesting PNUT is "rich" relative to TURBO on a slightly longer horizon.
- Sentiment: Both assets are currently facing bearish headwinds. PNUT is dealing with liquidity concerns following exchange delisting news and a sharp drop in volume. TURBO is underperforming its peers, with high community sentiment often acting as a contrarian fade signal.
- Risk Note: The 1d z-score is near neutral (-0.42), and the cointegration is weak (coin=false), suggesting this pair lacks a strong long-term mean-reverting relationship. The trade is highly sensitive to the chosen timeframe; the 1h signal is the only one currently aligned with your directional intent.
PNUT
TURBO