Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Fantom
FTM
|
0.9840001 |
details, prediction |
Ethereum Classic
ETC
|
0.88202584 |
details, prediction |
Litecoin
LTC
|
0.8121158 |
details, prediction |
Cardano
ADA
|
0.8026431 |
details, prediction |
KuCoin Shares
KCS
|
0.80155694 |
details, prediction |
|
Second tier
|
Vechain
VET
|
0.9525653 |
details, prediction |
DigiByte
DGB
|
0.9221549 |
details, prediction |
IOTA
IOT
|
0.8845629 |
details, prediction |
NEO
NEO
|
0.8661573 |
details, prediction |
aelf
ELF
|
0.8507022 |
details, prediction |
|
Third tier
|
Molecule
MOL
|
0.98691756 |
details, prediction |
Tidex Token
TDX
|
0.94859576 |
details, prediction |
SIX
SIX
|
0.94049376 |
details, prediction |
Yggdrash
YEED
|
0.93990105 |
details, prediction |
Achain
ACT
|
0.93604016 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Aigang 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 Aigang
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
ChainLink
LINK
|
-0.6435885 |
details, prediction |
XRP
XRP
|
-0.5554588 |
details, prediction |
Maker
MKR
|
-0.41572922 |
details, prediction |
Stellar
XLM
|
-0.22531141 |
details, prediction |
SONM
SNM
|
0.17274208 |
details, prediction |
|
Second tier
|
Quant Network
QNT
|
-0.7312839 |
details, prediction |
Nexo
NEXO
|
-0.6411573 |
details, prediction |
Bitcoin Gold
BTG
|
-0.5236633 |
details, prediction |
Ravencoin
RVN
|
-0.41233486 |
details, prediction |
Paxos Standard
PAX
|
-0.37934175 |
details, prediction |
|
Third tier
|
Darico
DEC
|
-0.77142596 |
details, prediction |
Spectre.ai Dividend Token
SXDT
|
-0.7470184 |
details, prediction |
Chainium
CHX
|
-0.7043401 |
details, prediction |
Nasdacoin
NSD
|
-0.67300636 |
details, prediction |
LockChain
LOC
|
-0.64173865 |
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)