Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
SONM
SNM
|
0.53939587 |
details, prediction |
Crypto.com Chain
CRO
|
0.44208342 |
details, prediction |
Cosmos
ATOM
|
0.16979685 |
details, prediction |
Matic Network
MATIC
|
0.16847745 |
details, prediction |
KuCoin Shares
KCS
|
-0.10367139 |
details, prediction |
Second tier
|
XYO Network
XYO
|
0.8507948 |
details, prediction |
Ethos (Bitquence)
BQX
|
0.77455103 |
details, prediction |
OriginTrail
TRAC
|
0.7244061 |
details, prediction |
SwissBorg
CHSB
|
0.68076634 |
details, prediction |
Polymath Network
POLY
|
0.63186795 |
details, prediction |
Third tier
|
PotCoin
POT
|
0.8969435 |
details, prediction |
CUBE
AUTO
|
0.8787726 |
details, prediction |
Populous
PPT
|
0.8759204 |
details, prediction |
DubaiCoin
DBIX
|
0.8752114 |
details, prediction |
Ionomy
ION
|
0.8659164 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Dynamic 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 Dynamic
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
Bitcoin
BTC
|
-0.85483307 |
details, prediction |
Ethereum
ETH
|
-0.8281414 |
details, prediction |
Binance Coin
BNB
|
-0.82758665 |
details, prediction |
Bitcoin Cash
BCH
|
-0.77618796 |
details, prediction |
Monero
XMR
|
-0.766439 |
details, prediction |
Second tier
|
Bitcoin Gold
BTG
|
-0.820189 |
details, prediction |
DASH
DASH
|
-0.7394236 |
details, prediction |
Huobi Token
HT
|
-0.7219478 |
details, prediction |
MonaCoin
MONA
|
-0.70942557 |
details, prediction |
BitTorrent
BTT
|
-0.7085545 |
details, prediction |
Third tier
|
Santiment
SAN
|
-0.87040997 |
details, prediction |
Token as a Service
TAAS
|
-0.8622102 |
details, prediction |
SaluS
SLS
|
-0.86016554 |
details, prediction |
VestChain
VEST
|
-0.8420975 |
details, prediction |
Chronobank
TIME
|
-0.82675683 |
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)