Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Stellar
XLM
|
0.9555682 |
details, prediction |
ZCash
ZEC
|
0.9507995 |
details, prediction |
Monero
XMR
|
0.9272299 |
details, prediction |
SONM
SNM
|
0.92248595 |
details, prediction |
Fantom
FTM
|
0.91294193 |
details, prediction |
|
Second tier
|
Bitcoin Gold
BTG
|
0.9619313 |
details, prediction |
Horizen
ZEN
|
0.94848865 |
details, prediction |
0x
ZRX
|
0.93182653 |
details, prediction |
Ravencoin
RVN
|
0.930671 |
details, prediction |
Decred
DCR
|
0.9251685 |
details, prediction |
|
Third tier
|
OPEN Platform
OPEN
|
0.9734485 |
details, prediction |
DeviantCoin
DEV
|
0.97095656 |
details, prediction |
Denarius
DNR
|
0.97044873 |
details, prediction |
Atmos
ATMOS
|
0.95629036 |
details, prediction |
Time New Bank
TNB
|
0.95472723 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that AILINK 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 AILINK
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
TRON
TRX
|
-0.5212116 |
details, prediction |
Binance Coin
BNB
|
-0.1604309 |
details, prediction |
ChainLink
LINK
|
-0.0016389615 |
details, prediction |
Litecoin
LTC
|
0.079204075 |
details, prediction |
Maker
MKR
|
0.099438265 |
details, prediction |
|
Second tier
|
Waves
WAVES
|
-0.6103358 |
details, prediction |
Quant Network
QNT
|
-0.32154223 |
details, prediction |
HoloToken
HOT
|
-0.3025679 |
details, prediction |
Theta
THETA
|
0.054490946 |
details, prediction |
Dai
DAI
|
0.128535 |
details, prediction |
|
Third tier
|
Unobtanium
UNO
|
-0.7567285 |
details, prediction |
Omnitude
ECOM
|
-0.69641256 |
details, prediction |
Waves Community Token
WCT
|
-0.6947033 |
details, prediction |
Envion
EVN
|
-0.6866907 |
details, prediction |
GoldCoin
GLD
|
-0.6612296 |
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)