Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
Bitcoin Cash
BCH
|
0.97105336 |
details, prediction |
Ethereum
ETH
|
0.9686584 |
details, prediction |
Crypto.com Chain
CRO
|
0.9615995 |
details, prediction |
Binance Coin
BNB
|
0.9611709 |
details, prediction |
Litecoin
LTC
|
0.9600836 |
details, prediction |
Second tier
|
Nexo
NEXO
|
0.96834016 |
details, prediction |
Bancor
BNT
|
0.9638024 |
details, prediction |
XYO Network
XYO
|
0.9595225 |
details, prediction |
Verge
XVG
|
0.9581634 |
details, prediction |
Aragon
ANT
|
0.9560069 |
details, prediction |
Third tier
|
Numerai
NMR
|
0.98064125 |
details, prediction |
GoChain
GO
|
0.9796799 |
details, prediction |
AdEx
ADX
|
0.9791566 |
details, prediction |
Solve.Care
SOLVE
|
0.9737699 |
details, prediction |
Ambrosus
AMB
|
0.9729374 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Callisto Network 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 Callisto Network
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
TRON
TRX
|
-0.33291742 |
details, prediction |
UNUS SED LEO
LEO
|
0.7437919 |
details, prediction |
Monero
XMR
|
0.80824155 |
details, prediction |
KuCoin Shares
KCS
|
0.84290886 |
details, prediction |
Bitcoin SV
BSV
|
0.87385786 |
details, prediction |
Second tier
|
True USD
TUSD
|
-0.44662786 |
details, prediction |
EthLend
LEND
|
-0.42573348 |
details, prediction |
USD//Coin
USDC
|
-0.39840695 |
details, prediction |
Paxos Standard
PAX
|
-0.38179046 |
details, prediction |
Dai
DAI
|
-0.34149078 |
details, prediction |
Third tier
|
Time New Bank
TNB
|
-0.8412541 |
details, prediction |
Gemini Dollar
GUSD
|
-0.824971 |
details, prediction |
Seele
SEELE
|
-0.69576025 |
details, prediction |
ILCoin
ILC
|
-0.61862975 |
details, prediction |
Envion
EVN
|
-0.6174364 |
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)