🎯Features and Benefits

Spread Tool: A Powerful Trading Tool☝️

A spread tool can be used to perform basic operations, such as addition, subtraction, and multiplication, between different metrics with multiple attributes . This can be useful for evaluating the risks and opportunities associated with spreads and for aiding in the decision-making process.

Applications of this tool can include:

• Spread history: This can help you understand how the relationship between assets has evolved over time and help identify trends or seasonal behaviours.

• Asset correlation: By measuring the correlation you can assess the degree to which different assets move in coordination with one another.

• Z-score: The Z-score can help you understand if the spread between assets is abnormally high or not on a relative basis compared to its average standard deviation. Highlighting potential deviations and therefore opportunities.

• Spread distribution: This output allows users to visualise the absolute spread relative to its distribution over a period thus detailing whether price action is sitting comfortably around its mean or drifting towards the tails.

• Regression: Used to identify hidden trends or hidden relationships between spread attributes.