Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
Cosmos
ATOM
|
0.9410529 |
details, prediction |
Decentraland
MANA
|
0.9390132 |
details, prediction |
XRP
XRP
|
0.92109007 |
details, prediction |
Maker
MKR
|
0.9208467 |
details, prediction |
ZCash
ZEC
|
0.92073566 |
details, prediction |
Second tier
|
Bitcoin Diamond
BCD
|
0.9249728 |
details, prediction |
Basic Attention Token
BAT
|
0.9205132 |
details, prediction |
Waves
WAVES
|
0.9205037 |
details, prediction |
Fantom
FTM
|
0.91822743 |
details, prediction |
Horizen
ZEN
|
0.90157175 |
details, prediction |
Third tier
|
Populous
PPT
|
0.96210426 |
details, prediction |
Phantasma
SOUL
|
0.9528141 |
details, prediction |
CREDITS
CS
|
0.9508016 |
details, prediction |
Hive
HVN
|
0.9455055 |
details, prediction |
Bread
BRD
|
0.94236904 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Cappasity 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 Cappasity
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
TRON
TRX
|
-0.44184238 |
details, prediction |
Monero
XMR
|
0.6268517 |
details, prediction |
Dogecoin
DOGE
|
0.74214673 |
details, prediction |
KuCoin Shares
KCS
|
0.7572608 |
details, prediction |
Huobi Token
HT
|
0.75895303 |
details, prediction |
Second tier
|
GXShares
GXS
|
-0.42236578 |
details, prediction |
USD//Coin
USDC
|
-0.42002505 |
details, prediction |
True USD
TUSD
|
-0.3989943 |
details, prediction |
Dai
DAI
|
-0.38424075 |
details, prediction |
Paxos Standard
PAX
|
-0.3397591 |
details, prediction |
Third tier
|
Time New Bank
TNB
|
-0.87010276 |
details, prediction |
FeatherCoin
FTC
|
-0.7786729 |
details, prediction |
ILCoin
ILC
|
-0.61578745 |
details, prediction |
Gemini Dollar
GUSD
|
-0.59794813 |
details, prediction |
Seele
SEELE
|
-0.5784749 |
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)