Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
TRON
TRX
|
0.92367667 |
details, prediction |
XRP
XRP
|
0.91933584 |
details, prediction |
NEO
NEO
|
0.9183476 |
details, prediction |
Litecoin
LTC
|
0.9127786 |
details, prediction |
Ethereum
ETH
|
0.9036172 |
details, prediction |
Second tier
|
Lisk
LSK
|
0.9433532 |
details, prediction |
ARK
ARK
|
0.9284807 |
details, prediction |
Enjin Coin
ENJ
|
0.92353016 |
details, prediction |
QTUM
QTUM
|
0.92070127 |
details, prediction |
Storj
STORJ
|
0.92068285 |
details, prediction |
Third tier
|
Cortex
CTXC
|
0.9479061 |
details, prediction |
DeepBrain Chain
DBC
|
0.9434904 |
details, prediction |
MonetaryUnit
MUE
|
0.94058144 |
details, prediction |
NavCoin
NAV
|
0.93540865 |
details, prediction |
Viberate
VIB
|
0.93188894 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that AquariusCoin 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 AquariusCoin
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
Binance Coin
BNB
|
0.1501072 |
details, prediction |
Theta
THETA
|
0.5728166 |
details, prediction |
Ethereum Classic
ETC
|
0.57700944 |
details, prediction |
Bitcoin
BTC
|
0.71135134 |
details, prediction |
Stellar
XLM
|
0.74325466 |
details, prediction |
Second tier
|
Huobi Token
HT
|
-0.012093889 |
details, prediction |
Dai
DAI
|
0.037284687 |
details, prediction |
True USD
TUSD
|
0.3217706 |
details, prediction |
DigiByte
DGB
|
0.3667485 |
details, prediction |
Decentraland
MANA
|
0.56841403 |
details, prediction |
Third tier
|
ODEM
ODEM
|
-0.7472037 |
details, prediction |
Docademic
MTC
|
-0.587528 |
details, prediction |
WeAreSatoshi
WSX
|
-0.5740552 |
details, prediction |
Bitcedi
BXC
|
-0.39494264 |
details, prediction |
SafeExchangeCoin
SAFEX
|
-0.3923074 |
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)