Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
Monero
XMR
|
0.63256013 |
details, prediction |
Huobi Token
HT
|
0.53535426 |
details, prediction |
Dogecoin
DOGE
|
0.5146966 |
details, prediction |
KuCoin Shares
KCS
|
0.50464934 |
details, prediction |
Binance Coin
BNB
|
0.47544527 |
details, prediction |
Second tier
|
SwissBorg
CHSB
|
0.7010573 |
details, prediction |
Digix DAO
DGD
|
0.672893 |
details, prediction |
Propy
PRO
|
0.66612846 |
details, prediction |
Loom Network
LOOM
|
0.6208728 |
details, prediction |
FunFair
FUN
|
0.57575727 |
details, prediction |
Third tier
|
aXpire
AXPR
|
0.77477497 |
details, prediction |
CryptoPay
CPAY
|
0.7514642 |
details, prediction |
Quantum Resistant Ledger
QRL
|
0.74236035 |
details, prediction |
Cryptaur
CPT
|
0.72167134 |
details, prediction |
Yoyow
YOYOW
|
0.7148898 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Faceter 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 Faceter
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
UNUS SED LEO
LEO
|
-0.04420081 |
details, prediction |
Bitcoin SV
BSV
|
0.13973308 |
details, prediction |
Decentraland
MANA
|
0.15716885 |
details, prediction |
ChainLink
LINK
|
0.16666836 |
details, prediction |
IOTA
IOT
|
0.1757993 |
details, prediction |
Second tier
|
Quant Network
QNT
|
-0.4375516 |
details, prediction |
MonaCoin
MONA
|
-0.25595018 |
details, prediction |
Metadium
META
|
-0.048603643 |
details, prediction |
Waves
WAVES
|
0.039582454 |
details, prediction |
EthLend
LEND
|
0.096121326 |
details, prediction |
Third tier
|
Crypto20
C20
|
-0.86367816 |
details, prediction |
Seele
SEELE
|
-0.66309965 |
details, prediction |
RubyCoin
RBY
|
-0.6156369 |
details, prediction |
Gemini Dollar
GUSD
|
-0.61389935 |
details, prediction |
CoinDash
CDT
|
-0.58482575 |
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)