Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
Ethereum Classic
ETC
|
0.6206043 |
details, prediction |
ZCash
ZEC
|
0.6149474 |
details, prediction |
NEO
NEO
|
0.60690624 |
details, prediction |
ICON
ICX
|
0.600249 |
details, prediction |
Stellar
XLM
|
0.5675299 |
details, prediction |
Second tier
|
Horizen
ZEN
|
0.68485355 |
details, prediction |
Nano
NANO
|
0.61358756 |
details, prediction |
Internet of Services
IOST
|
0.6048018 |
details, prediction |
Bitcoin Diamond
BCD
|
0.59819067 |
details, prediction |
Loom Network
LOOM
|
0.5860462 |
details, prediction |
Third tier
|
VIBEHub
VIBE
|
0.68833053 |
details, prediction |
Emercoin
EMC
|
0.66394114 |
details, prediction |
FREE Coin
FREE
|
0.6572597 |
details, prediction |
Universa
UTNP
|
0.63814014 |
details, prediction |
Litecoin Cash
LCC
|
0.63446665 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that DT Token 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 DT Token
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
Monero
XMR
|
-0.076654606 |
details, prediction |
Decred
DCR
|
-0.04420566 |
details, prediction |
Zilliqa
ZIL
|
-0.023382807 |
details, prediction |
DigiByte
DGB
|
0.08082148 |
details, prediction |
EOS
EOS
|
0.11823217 |
details, prediction |
Second tier
|
CyberVein
CVT
|
-0.68924886 |
details, prediction |
DxChain
DX
|
-0.47801358 |
details, prediction |
GlitzKoin
GTN
|
-0.26049057 |
details, prediction |
Centrality
CENNZ
|
-0.21120411 |
details, prediction |
Dai
DAI
|
-0.12668066 |
details, prediction |
Third tier
|
B2B
B2B
|
-0.6787737 |
details, prediction |
Enigma
ENG
|
-0.67415756 |
details, prediction |
Bitbook Gambling
BXK
|
-0.6727125 |
details, prediction |
Faceter
FACE
|
-0.6543757 |
details, prediction |
BOX Token
BOX
|
-0.60598224 |
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)