long spread · 9× leverage
Signal
| Metric | Value |
|---|
| Rolling z-score | -0.55 |
| Z-score | -1.96 at entry · -1.66 pair |
| Correlation | 0.73 · cointegrated |
| Half-life | 1.2h |
| Hurst | 0.91 |
| Hedge ratio | 0.44 · long-term beta 0.98 |
| Beta stability | stable · current 0.44 · range -0.05–1.49 · 8 sign changes |
| Lead–lag peak corr | 0.73 |
| Pair volatility | 28.52% |
Backtest
| Metric | Value |
|---|
| Win rate | 86.67% — 26W / 4L over 30 trades |
| Sharpe | 4.33 |
| Total return | +2.93% |
| Max drawdown | 1.19% |
Pair Analysis: MOODENG / TURBO
- Roll Z-Score (1h): -3.18
- Roll Z-Score (4h): -2.56
- Roll Z-Score (1d): 0.04
- Correlation: 0.73 (1h)
- Hedge Ratio (4h): 1.070
Analysis:
- Statistical Setup: The 1h and 4h z-scores are deeply negative (-3.18 and -2.56), indicating that MOODENG is statistically "cheap" relative to TURBO on a mean-reversion basis. The 1d z-score is neutral (0.04), suggesting this is a short-term divergence play rather than a long-term structural trend.
- Sentiment: Both assets currently exhibit bearish sentiment. MOODENG is suffering from momentum drift and copycat dilution, while TURBO is seeing fading speculative interest.
- Trade Context: The user's stated direction (Long MOODENG / Short TURBO) is aligned with the quant-optimal direction (Long MOODENG / Short TURBO) derived from the negative z-score.
- Note: Z-scores are snapshots (1h age ~1.3h, 4h age ~5.3h). Given the high volatility of meme assets, verify current spot prices before entry, as rapid intraday moves can render these z-scores stale.
MOODENG
TURBO