Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
XRP
XRP
|
0.90111226 |
details, prediction |
Stellar
XLM
|
0.8940412 |
details, prediction |
TRON
TRX
|
0.892026 |
details, prediction |
Binance Coin
BNB
|
0.890103 |
details, prediction |
Theta
THETA
|
0.88602203 |
details, prediction |
Second tier
|
BitTorrent
BTT
|
0.92351866 |
details, prediction |
Zilliqa
ZIL
|
0.9152197 |
details, prediction |
Theta Fuel
TFUEL
|
0.90942407 |
details, prediction |
Nano
NANO
|
0.9039213 |
details, prediction |
Loom Network
LOOM
|
0.90099293 |
details, prediction |
Third tier
|
AdEx
ADX
|
0.9628767 |
details, prediction |
QuarkChain
QKC
|
0.9394856 |
details, prediction |
Everipedia
IQ
|
0.9303443 |
details, prediction |
Refereum
RFR
|
0.9214863 |
details, prediction |
Mainframe
MFT
|
0.91971546 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that AdToken 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 AdToken
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
USD//Coin
USDC
|
-0.3949593 |
details, prediction |
UNUS SED LEO
LEO
|
0.13844624 |
details, prediction |
KuCoin Shares
KCS
|
0.41485047 |
details, prediction |
Fantom
FTM
|
0.47008353 |
details, prediction |
Cosmos
ATOM
|
0.5314682 |
details, prediction |
Second tier
|
Dai
DAI
|
-0.47981846 |
details, prediction |
True USD
TUSD
|
-0.46842137 |
details, prediction |
Paxos Standard
PAX
|
-0.37860978 |
details, prediction |
BORA
BORA
|
-0.19964504 |
details, prediction |
Telcoin
TEL
|
0.07303487 |
details, prediction |
Third tier
|
Airbloc
ABL
|
-0.63057053 |
details, prediction |
Tycoon Global
TCT
|
-0.50177497 |
details, prediction |
CUBE
AUTO
|
-0.48422596 |
details, prediction |
Napoleon X
NPX
|
-0.40108564 |
details, prediction |
Gemini Dollar
GUSD
|
-0.3549736 |
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)