Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Ethereum Classic
ETC
|
0.86017805 |
details, prediction |
Stellar
XLM
|
0.82838124 |
details, prediction |
Dogecoin
DOGE
|
0.74189395 |
details, prediction |
KuCoin Shares
KCS
|
0.59531885 |
details, prediction |
Bitcoin Cash
BCH
|
0.58265394 |
details, prediction |
|
Second tier
|
NEO
NEO
|
0.8648084 |
details, prediction |
Status
SNT
|
0.8607725 |
details, prediction |
Synthetix Network Token
SNX
|
0.83424497 |
details, prediction |
Tezos
XTZ
|
0.8152847 |
details, prediction |
Siacoin
SC
|
0.8019823 |
details, prediction |
|
Third tier
|
PIVX
PIVX
|
0.86765873 |
details, prediction |
Kyber Network
KNC
|
0.8466255 |
details, prediction |
Steem
STEEM
|
0.8406926 |
details, prediction |
ARK
ARK
|
0.8126554 |
details, prediction |
Civic
CVC
|
0.8075 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Crypto.com Chain 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 Crypto.com Chain
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Monero
XMR
|
-0.24565503 |
details, prediction |
ChainLink
LINK
|
-0.010333357 |
details, prediction |
Ethereum
ETH
|
0.016905718 |
details, prediction |
ZCash
ZEC
|
0.10106109 |
details, prediction |
TRON
TRX
|
0.16868345 |
details, prediction |
|
Second tier
|
Dai
DAI
|
-0.7211981 |
details, prediction |
DigiByte
DGB
|
-0.34075135 |
details, prediction |
Bitcoin SV
BSV
|
-0.1374024 |
details, prediction |
Decred
DCR
|
0.013832564 |
details, prediction |
USD//Coin
USDC
|
0.23294762 |
details, prediction |
|
Third tier
|
NKN
NKN
|
-0.40463325 |
details, prediction |
V Systems
VSYS
|
-0.34760776 |
details, prediction |
Propy
PRO
|
-0.06771156 |
details, prediction |
AdEx
ADX
|
-0.021818686 |
details, prediction |
OPEN Platform
OPEN
|
0.13484426 |
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)