Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
Cosmos
ATOM
|
0.76262826 |
details, prediction |
0x
ZRX
|
0.7596789 |
details, prediction |
Nexo
NEXO
|
0.74186 |
details, prediction |
DigiByte
DGB
|
0.74084026 |
details, prediction |
Algorand
ALGO
|
0.7404098 |
details, prediction |
Second tier
|
EthLend
LEND
|
0.86702293 |
details, prediction |
Quant Network
QNT
|
0.7746419 |
details, prediction |
district0x
DNT
|
0.7723108 |
details, prediction |
Mainframe
MFT
|
0.75823635 |
details, prediction |
Horizen
ZEN
|
0.73412716 |
details, prediction |
Third tier
|
XinFin
XDCE
|
0.80148375 |
details, prediction |
Eidoo
EDO
|
0.7878847 |
details, prediction |
Mercury
MER
|
0.77247477 |
details, prediction |
Agoras Token
AGRS
|
0.7719357 |
details, prediction |
TenX
PAY
|
0.7695015 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Acute Angle Cloud 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 Acute Angle Cloud
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
HoloToken
HOT
|
0.3962644 |
details, prediction |
BitTorrent
BTT
|
0.4254337 |
details, prediction |
Chiliz
CHZ
|
0.42615736 |
details, prediction |
Bitcoin SV
BSV
|
0.440056 |
details, prediction |
Dent
DENT
|
0.4508804 |
details, prediction |
Second tier
|
Monaco
MCO
|
0.23972815 |
details, prediction |
Paxos Standard
PAX
|
0.25321525 |
details, prediction |
HedgeTrade
HEDG
|
0.26944396 |
details, prediction |
USD//Coin
USDC
|
0.28328997 |
details, prediction |
True USD
TUSD
|
0.29515374 |
details, prediction |
Third tier
|
Dragon Coin
DRG
|
-0.6752316 |
details, prediction |
BlockMason Credit Protocol
BCPT
|
-0.5988884 |
details, prediction |
Dynamic Trading Rights
DTR
|
-0.5389922 |
details, prediction |
VeriCoin
VRC
|
-0.5213421 |
details, prediction |
Kleros
PNK
|
-0.52042896 |
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)