Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
SONM
SNM
|
0.93957573 |
details, prediction |
Bitcoin SV
BSV
|
0.9298341 |
details, prediction |
Matic Network
MATIC
|
0.891722 |
details, prediction |
IOTA
IOT
|
0.88431305 |
details, prediction |
Vechain
VET
|
0.87563217 |
details, prediction |
Second tier
|
XYO Network
XYO
|
0.943604 |
details, prediction |
Cortex
CTXC
|
0.9251425 |
details, prediction |
Algorand
ALGO
|
0.92382336 |
details, prediction |
OriginTrail
TRAC
|
0.91479445 |
details, prediction |
BitTorrent
BTT
|
0.9120285 |
details, prediction |
Third tier
|
Cindicator
CND
|
0.97219306 |
details, prediction |
Bitcoin Diamond
BCD
|
0.9716007 |
details, prediction |
DeepBrain Chain
DBC
|
0.9665762 |
details, prediction |
PIVX
PIVX
|
0.9609105 |
details, prediction |
WaBi
WABI
|
0.9598915 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Digitex Futures 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 Digitex Futures
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
UNUS SED LEO
LEO
|
-0.82407475 |
details, prediction |
Dogecoin
DOGE
|
-0.2083167 |
details, prediction |
Ethereum Classic
ETC
|
-0.035158284 |
details, prediction |
XRP
XRP
|
0.28319725 |
details, prediction |
Cosmos
ATOM
|
0.4419767 |
details, prediction |
Second tier
|
Kyber Network
KNC
|
-0.9034481 |
details, prediction |
Waves
WAVES
|
-0.49004287 |
details, prediction |
FTX Token
FTT
|
-0.32530156 |
details, prediction |
ZCash
ZEC
|
0.10477031 |
details, prediction |
Propy
PRO
|
0.228784 |
details, prediction |
Third tier
|
SmartMesh
SMT
|
-0.88632256 |
details, prediction |
Genesis Vision
GVT
|
-0.8174996 |
details, prediction |
Time New Bank
TNB
|
-0.7742081 |
details, prediction |
Seele
SEELE
|
-0.7079978 |
details, prediction |
QASH
QASH
|
-0.6489805 |
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)