Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
NEM
XEM
|
-0.058594327 |
details, prediction |
Bitcoin SV
BSV
|
-0.24077846 |
details, prediction |
Bitcoin Cash
BCH
|
-0.24130912 |
details, prediction |
Litecoin
LTC
|
-0.32379052 |
details, prediction |
DASH
DASH
|
-0.368182 |
details, prediction |
Second tier
|
Dai
DAI
|
-0.17200021 |
details, prediction |
Paxos Standard
PAX
|
-0.17315362 |
details, prediction |
USD//Coin
USDC
|
-0.19544819 |
details, prediction |
True USD
TUSD
|
-0.22956571 |
details, prediction |
MonaCoin
MONA
|
-0.2497012 |
details, prediction |
Third tier
|
Change
CAG
|
0.7459967 |
details, prediction |
NAGA
NGC
|
0.70722544 |
details, prediction |
B2B
B2B
|
0.6841684 |
details, prediction |
Platincoin
PLC
|
0.59293574 |
details, prediction |
Enigma
ENG
|
0.57157415 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Bitbook Gambling 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 Bitbook Gambling
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
Decentraland
MANA
|
-0.69836813 |
details, prediction |
Enjin Coin
ENJ
|
-0.67949027 |
details, prediction |
Chiliz
CHZ
|
-0.66547126 |
details, prediction |
Basic Attention Token
BAT
|
-0.66380644 |
details, prediction |
Theta Fuel
TFUEL
|
-0.6564481 |
details, prediction |
Second tier
|
WaykiChain
WICC
|
-0.732405 |
details, prediction |
Bluzelle
BLZ
|
-0.68052 |
details, prediction |
Utrust
UTK
|
-0.68045574 |
details, prediction |
Telcoin
TEL
|
-0.6731349 |
details, prediction |
SysCoin
SYS
|
-0.6731206 |
details, prediction |
Third tier
|
Xriba
XRA
|
-0.8713326 |
details, prediction |
Presearch
PRE
|
-0.70364857 |
details, prediction |
Simple Token
OST
|
-0.6923287 |
details, prediction |
Tierion
TNT
|
-0.68598795 |
details, prediction |
QuarkChain
QKC
|
-0.68561995 |
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)