Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
SONM
SNM
|
0.7322108 |
details, prediction |
Ethereum
ETH
|
0.70751226 |
details, prediction |
KuCoin Shares
KCS
|
0.6993657 |
details, prediction |
Binance Coin
BNB
|
0.6928139 |
details, prediction |
Cardano
ADA
|
0.6857792 |
details, prediction |
Second tier
|
GXShares
GXS
|
0.76488245 |
details, prediction |
Loopring
LRC
|
0.72644854 |
details, prediction |
FirstBlood
1ST
|
0.7153367 |
details, prediction |
NEM
XEM
|
0.7058522 |
details, prediction |
Digix DAO
DGD
|
0.7043893 |
details, prediction |
Third tier
|
Tidex Token
TDX
|
0.8907986 |
details, prediction |
DAEX
DAX
|
0.8479313 |
details, prediction |
Altcoin
ALT
|
0.84197944 |
details, prediction |
HalalChain
HLC
|
0.75775874 |
details, prediction |
Winchain
WIN
|
0.75673693 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Aditus 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 Aditus
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
Dogecoin
DOGE
|
-0.5266113 |
details, prediction |
Vechain
VET
|
-0.17081745 |
details, prediction |
ChainLink
LINK
|
-0.16228314 |
details, prediction |
Monero
XMR
|
-0.100399055 |
details, prediction |
XRP
XRP
|
-0.0018857582 |
details, prediction |
Second tier
|
HoloToken
HOT
|
-0.50658745 |
details, prediction |
Waves
WAVES
|
-0.43857753 |
details, prediction |
Nano
NANO
|
-0.41151574 |
details, prediction |
Dai
DAI
|
-0.336687 |
details, prediction |
Telcoin
TEL
|
-0.26939282 |
details, prediction |
Third tier
|
Metaverse
ETP
|
-0.57759553 |
details, prediction |
Bittwatt
BWT
|
-0.5615665 |
details, prediction |
UniCoin
UNIC
|
-0.5173768 |
details, prediction |
BitcoinDark
BTCD
|
-0.45911837 |
details, prediction |
Asia Coin
AC
|
-0.44511172 |
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)