Pair is strongly diverging away from the mean. High risk of further deviation.
short spread · 5× leverage · regime STRONG_DIVERGENCE (low confidence)
Signal
| Metric | Value |
|---|
| Rolling z-score | 2.30 |
| Z-score | 2.30 at entry · 1.31 pair |
| Correlation | 0.71 · cointegrated |
| Half-life | 0.9h |
| Hurst | 0.88 |
| Hedge ratio | 0.53 · long-term beta 0.49 |
| Beta stability | stable · current 0.53 · range 0.12–0.89 · 0 sign changes |
| Lead–lag peak corr | 0.71 |
| Pair volatility | 48.63% |
| Momentum | z-velocity +2.18 · acceleration +1.94 · vol ratio 0.47 |
Backtest
| Metric | Value |
|---|
| Win rate | 87.50% — 14W / 2L over 16 trades |
| Sharpe | 7.84 |
| Total return | +3.49% |
| Max drawdown | 0.69% |
Pair Analysis: Long SNDK / Short LRCX
- Roll Z-Score (1h): 2.30 (Snapshot ~1.3h old)
- Roll Z-Score (4h): 0.17 (Snapshot ~5.3h old)
- Correlation: 0.71 (1h)
- Half-Life: 21h (1h timeframe)
- Hedge Ratio: 0.53 (4h)
Analysis:
- Technical Setup: The 1h roll z-score of 2.30 indicates a significant short-term divergence where LRCX is statistically "rich" relative to SNDK. This supports your directional intent (Long SNDK / Short LRCX) as a mean-reversion play.
- Timeframe Divergence: Note that the 4h and 1d z-scores (0.17 and 0.29) are significantly lower than the 1h, suggesting this is a short-term tactical opportunity rather than a long-term structural misalignment. The 1h snapshot is ~1.3 hours old; verify current price action to ensure the divergence hasn't already corrected.
- Sentiment: No specific sentiment data is available for these assets at this time.
- Execution: Both assets are available on Hyperliquid (SNDK on
xyz, LRCX on para). Ensure you have the appropriate collateral (USDC) funded for both deployers.
SNDK
LRCX