Z-score (-1.25) is too close to the mean to be considered for a trade.
Regime: IDLE (high confidence)
Correlation: 0.65 · Cointegrated: yes
Z-score: -1.52 entry / -1.25 rolling
Half-life 5.4h · Hurst 0.89 · Hedge ratio 1.47
Pair volatility: 41.26%
Backtest: 60.00% win · Sharpe -0.82 · -0.73% return · 2.97% max drawdown
The ticker "W" on Hyperliquid resolves to Wormhole (W), a crypto asset, rather than the stock Wayfair (W).
Because this is a ticker collision, I cannot provide a valid pair analysis for your intended trade. Please confirm if you meant to trade the crypto asset Wormhole or if you were looking for a different ticker.
Asset Status:
- BB (BlackBerry): Available as
xyz:BB (10x max leverage).
- W (Wayfair): Not currently listed on Hyperliquid under that ticker.
- W (Wormhole): Available as
W (5x max leverage).
Sentiment Note:
- Wormhole (W): Bearish sentiment due to supply overhang and lack of catalysts.
Please clarify the assets you wish to analyze.
BB
W