Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Maker
MKR
|
0.83478576 |
details, prediction |
UNUS SED LEO
LEO
|
0.8189908 |
details, prediction |
Dogecoin
DOGE
|
0.80771005 |
details, prediction |
Fantom
FTM
|
0.77648467 |
details, prediction |
Stellar
XLM
|
0.765483 |
details, prediction |
|
Second tier
|
Metadium
META
|
0.92597383 |
details, prediction |
FirstBlood
1ST
|
0.8938753 |
details, prediction |
Chiliz
CHZ
|
0.88589436 |
details, prediction |
Status
SNT
|
0.876236 |
details, prediction |
Nano
NANO
|
0.8740218 |
details, prediction |
|
Third tier
|
Zilbercoin
ZBC
|
0.93134254 |
details, prediction |
Asch
XAS
|
0.9271678 |
details, prediction |
Phantasma
SOUL
|
0.9192631 |
details, prediction |
Red Pulse Phoenix
PHX
|
0.91914773 |
details, prediction |
DeepBrain Chain
DBC
|
0.91862756 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Dignity 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 Dignity
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Ethereum Classic
ETC
|
-0.2053772 |
details, prediction |
Crypto.com Chain
CRO
|
-0.08305923 |
details, prediction |
Matic Network
MATIC
|
0.051465705 |
details, prediction |
ZCash
ZEC
|
0.06863913 |
details, prediction |
Bitcoin Cash
BCH
|
0.093973674 |
details, prediction |
|
Second tier
|
FTX Token
FTT
|
-0.82547885 |
details, prediction |
HedgeTrade
HEDG
|
-0.77505976 |
details, prediction |
Digix DAO
DGD
|
-0.68318325 |
details, prediction |
Horizen
ZEN
|
-0.6457402 |
details, prediction |
Tezos
XTZ
|
-0.49581033 |
details, prediction |
|
Third tier
|
Ecoreal Estate
ECOREAL
|
-0.8672148 |
details, prediction |
Blockport
BPT
|
-0.81940407 |
details, prediction |
GoChain
GO
|
-0.7358881 |
details, prediction |
Unibright
UBT
|
-0.6880913 |
details, prediction |
TE-FOOD
TFD
|
-0.6798588 |
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)