Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
Chiliz
CHZ
|
0.929674 |
details, prediction |
Maker
MKR
|
0.86156917 |
details, prediction |
USD//Coin
USDC
|
0.8550911 |
details, prediction |
Vechain
VET
|
0.7771001 |
details, prediction |
Cosmos
ATOM
|
0.72924227 |
details, prediction |
Second tier
|
iEx.ec
RLC
|
0.9631117 |
details, prediction |
EthLend
LEND
|
0.9277039 |
details, prediction |
Synthetix Network Token
SNX
|
0.9142201 |
details, prediction |
Basic Attention Token
BAT
|
0.875494 |
details, prediction |
Paxos Standard
PAX
|
0.8614741 |
details, prediction |
Third tier
|
ILCoin
ILC
|
0.98114157 |
details, prediction |
PolySwarm
NCT
|
0.9376289 |
details, prediction |
DxChain
DX
|
0.9305495 |
details, prediction |
Tidex Token
TDX
|
0.93006784 |
details, prediction |
Seele
SEELE
|
0.89704204 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that 1world price can be leaded by other, more mighty cryptocurrency, or maybe some market trend have affect on it.
It can be confidently asserted that any crypto currency has a significant dependence on the market as a whole and, in particular, the top 3 currencies -
Bitcoin,
Ethereum and
Ripple, so the prediction of their prices will affect the price of 1world
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
UNUS SED LEO
LEO
|
-0.4593862 |
details, prediction |
Ethereum Classic
ETC
|
-0.3892151 |
details, prediction |
KuCoin Shares
KCS
|
-0.3706702 |
details, prediction |
Bitcoin
BTC
|
-0.3663712 |
details, prediction |
Monero
XMR
|
-0.36176056 |
details, prediction |
Second tier
|
AMO Coin
AMO
|
-0.7440568 |
details, prediction |
Ethos (Bitquence)
BQX
|
-0.68865454 |
details, prediction |
Dent
DENT
|
-0.670071 |
details, prediction |
Propy
PRO
|
-0.6679185 |
details, prediction |
XYO Network
XYO
|
-0.6303711 |
details, prediction |
Third tier
|
FNB Protocol
FNB
|
-0.89327586 |
details, prediction |
DAPS Token
DAPS
|
-0.8844711 |
details, prediction |
Winchain
WIN
|
-0.86195016 |
details, prediction |
Blue Whale
BWX
|
-0.8389221 |
details, prediction |
Gamecredits
GAME
|
-0.8291754 |
details, prediction |
This report should be leaned to build highly diversified portfolio.
It makes sense to mention that a low correlation in this case includes not only coins whose movements are not statistically related but, on the contrary, move in opposite directions (in the case of a negative value of the parameter)