Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
ZCash
ZEC
|
0.64607686 |
details, prediction |
Waves
WAVES
|
0.6340527 |
details, prediction |
Vechain
VET
|
0.54072034 |
details, prediction |
Ethereum Classic
ETC
|
0.5301642 |
details, prediction |
DASH
DASH
|
0.51367176 |
details, prediction |
Second tier
|
Lisk
LSK
|
0.64522636 |
details, prediction |
Chiliz
CHZ
|
0.60672534 |
details, prediction |
Status
SNT
|
0.5993925 |
details, prediction |
GXShares
GXS
|
0.59361285 |
details, prediction |
ICON
ICX
|
0.5646573 |
details, prediction |
Third tier
|
The Hempcoin
THC
|
0.6989251 |
details, prediction |
BlackCoin
BLK
|
0.63519883 |
details, prediction |
Wanchain
WAN
|
0.6328846 |
details, prediction |
Mainframe
MFT
|
0.6227113 |
details, prediction |
Callisto Network
CLO
|
0.5632552 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that FunFair 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 FunFair
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
TRON
TRX
|
0.025243042 |
details, prediction |
Fantom
FTM
|
0.093541585 |
details, prediction |
Decentraland
MANA
|
0.19801341 |
details, prediction |
KuCoin Shares
KCS
|
0.20677723 |
details, prediction |
Huobi Token
HT
|
0.25062165 |
details, prediction |
Second tier
|
USD//Coin
USDC
|
-0.40946487 |
details, prediction |
True USD
TUSD
|
-0.37604517 |
details, prediction |
Dai
DAI
|
-0.34579706 |
details, prediction |
Propy
PRO
|
-0.2769703 |
details, prediction |
Paxos Standard
PAX
|
-0.26441956 |
details, prediction |
Third tier
|
Crypviser
CVCOIN
|
-0.6815957 |
details, prediction |
Monetha
MTH
|
-0.50766796 |
details, prediction |
Particl
PART
|
-0.4227842 |
details, prediction |
CoinDash
CDT
|
-0.4160437 |
details, prediction |
Lina
LINA
|
-0.3977278 |
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)