Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
Bitcoin Cash
BCH
|
0.9620271 |
details, prediction |
Dogecoin
DOGE
|
0.95197964 |
details, prediction |
Bitcoin
BTC
|
0.9479015 |
details, prediction |
Huobi Token
HT
|
0.94523656 |
details, prediction |
Crypto.com Chain
CRO
|
0.9378868 |
details, prediction |
Second tier
|
Verge
XVG
|
0.9659475 |
details, prediction |
Nexo
NEXO
|
0.96440524 |
details, prediction |
Bancor
BNT
|
0.96023875 |
details, prediction |
ARK
ARK
|
0.9577486 |
details, prediction |
Decred
DCR
|
0.9559451 |
details, prediction |
Third tier
|
Genaro Network
GNX
|
0.9654254 |
details, prediction |
Dero
DERO
|
0.9607906 |
details, prediction |
Refereum
RFR
|
0.95853126 |
details, prediction |
AdEx
ADX
|
0.9563075 |
details, prediction |
Ignis
IGNIS
|
0.95580316 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that BnkToTheFuture 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 BnkToTheFuture
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
UNUS SED LEO
LEO
|
-0.06366024 |
details, prediction |
Ethereum Classic
ETC
|
0.3671947 |
details, prediction |
Bitcoin SV
BSV
|
0.53973764 |
details, prediction |
TRON
TRX
|
0.5419909 |
details, prediction |
Matic Network
MATIC
|
0.5955765 |
details, prediction |
Second tier
|
EthLend
LEND
|
-0.3171621 |
details, prediction |
Paxos Standard
PAX
|
-0.14989129 |
details, prediction |
MaidSafe Coin
MAID
|
0.1774672 |
details, prediction |
True USD
TUSD
|
0.1808888 |
details, prediction |
MonaCoin
MONA
|
0.29062673 |
details, prediction |
Third tier
|
Gemini Dollar
GUSD
|
-0.80847996 |
details, prediction |
Seele
SEELE
|
-0.78077275 |
details, prediction |
Time New Bank
TNB
|
-0.74357146 |
details, prediction |
GlitzKoin
GTN
|
-0.4125254 |
details, prediction |
SirinLabs
SRN
|
-0.38873485 |
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)