Correlation: 0.67 · Cointegrated: yes
Z-score: 1.55 entry / 1.11 rolling
Half-life 3.4h · Hurst 0.89 · Hedge ratio 1.14
Pair volatility: 36.49%
Backtest: 75.00% win · Sharpe -0.22 · -0.22% return · 2.90% max drawdown
Pair Analysis: Long DOGE / Short AZTEC
- Roll Z-Score (1h): 1.30 (AZTEC is statistically rich relative to DOGE)
- Correlation: 0.67
- Half-Life: 71h (~3.0 days)
- Hedge Ratio: 1.107 (1h timeframe)
Analysis & Sentiment:
- Alignment: The trade setup (Long DOGE / Short AZTEC) is aligned with the mean-reversion signal. With a 1h Z-score of 1.30, AZTEC is currently trading at a premium relative to DOGE, supporting a short-AZTEC/long-DOGE position to capture the spread compression.
- Sentiment Risk: DOGE sentiment is currently bearish, with community focus on the vulnerability of the $0.071 support level. This creates a directional headwind for the long leg of your pair.
- Note: No sentiment data is available for AZTEC to gauge its idiosyncratic strength. The 1h Z-score is ~1.2 hours old; verify current price action, as a significant move in either asset since the snapshot will impact the realized Z-score.
DOGE
AZTEC