Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Litecoin
LTC
|
0.99420565 |
details, prediction |
Stellar
XLM
|
0.9922489 |
details, prediction |
Ethereum Classic
ETC
|
0.98728 |
details, prediction |
Bitcoin
BTC
|
0.984883 |
details, prediction |
Monero
XMR
|
0.98225224 |
details, prediction |
|
Second tier
|
NEO
NEO
|
0.97591066 |
details, prediction |
DASH
DASH
|
0.9637549 |
details, prediction |
IOTA
IOT
|
0.958764 |
details, prediction |
Tezos
XTZ
|
0.9193213 |
details, prediction |
Ardor
ARDR
|
0.91050065 |
details, prediction |
|
Third tier
|
Kleros
PNK
|
0.9728508 |
details, prediction |
ARK
ARK
|
0.9353914 |
details, prediction |
Kyber Network
KNC
|
0.922374 |
details, prediction |
QuarkChain
QKC
|
0.91886574 |
details, prediction |
Internet of Services
IOST
|
0.9129322 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that EOS 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 EOS
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
TRON
TRX
|
-0.3873197 |
details, prediction |
Binance Coin
BNB
|
0.5574683 |
details, prediction |
Dogecoin
DOGE
|
0.5856965 |
details, prediction |
ChainLink
LINK
|
0.77212834 |
details, prediction |
Bitcoin Cash
BCH
|
0.7918902 |
details, prediction |
|
Second tier
|
Dai
DAI
|
-0.49802625 |
details, prediction |
Zilliqa
ZIL
|
-0.08488233 |
details, prediction |
Verge
XVG
|
0.024545446 |
details, prediction |
Decred
DCR
|
0.18580543 |
details, prediction |
True USD
TUSD
|
0.40686822 |
details, prediction |
|
Third tier
|
Dero
DERO
|
7.7549333E-4 |
details, prediction |
Gas
GAS
|
0.5417021 |
details, prediction |
Elastos
ELA
|
0.5522526 |
details, prediction |
Wanchain
WAN
|
0.72739774 |
details, prediction |
FunFair
FUN
|
0.73894167 |
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)