Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
XRP
XRP
|
0.66543394 |
details, prediction |
UNUS SED LEO
LEO
|
0.45363554 |
details, prediction |
Bitcoin
BTC
|
0.4007213 |
details, prediction |
NEO
NEO
|
0.39755428 |
details, prediction |
Ethereum Classic
ETC
|
0.37448248 |
details, prediction |
Second tier
|
ZCash
ZEC
|
0.52477264 |
details, prediction |
Waves
WAVES
|
0.45363057 |
details, prediction |
Lisk
LSK
|
0.44481006 |
details, prediction |
DASH
DASH
|
0.43078223 |
details, prediction |
Nexo
NEXO
|
0.39438716 |
details, prediction |
Third tier
|
Lamden Tau
TAU
|
0.65104055 |
details, prediction |
CargoX
CXO
|
0.63598514 |
details, prediction |
Kambria
KAT
|
0.559274 |
details, prediction |
POA Network
POA
|
0.55174756 |
details, prediction |
Haven Protocol
XHV
|
0.53873396 |
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
|
USD//Coin
USDC
|
-0.32626793 |
details, prediction |
TRON
TRX
|
-0.22164439 |
details, prediction |
SONM
SNM
|
-0.21356367 |
details, prediction |
Fantom
FTM
|
-0.21011244 |
details, prediction |
Dogecoin
DOGE
|
-0.15852658 |
details, prediction |
Second tier
|
HedgeTrade
HEDG
|
-0.772219 |
details, prediction |
Dai
DAI
|
-0.39860633 |
details, prediction |
Propy
PRO
|
-0.37256208 |
details, prediction |
SwissBorg
CHSB
|
-0.3441087 |
details, prediction |
Aragon
ANT
|
-0.32707372 |
details, prediction |
Third tier
|
FeatherCoin
FTC
|
-0.67799246 |
details, prediction |
Tierion
TNT
|
-0.63279593 |
details, prediction |
Mobius
MOBI
|
-0.57919425 |
details, prediction |
DxChain
DX
|
-0.5569542 |
details, prediction |
NovaCoin
NVC
|
-0.52420443 |
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)