Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
Vechain
VET
|
0.6356899 |
details, prediction |
TRON
TRX
|
0.61207247 |
details, prediction |
XRP
XRP
|
0.59996045 |
details, prediction |
Cardano
ADA
|
0.58995175 |
details, prediction |
Maker
MKR
|
0.5779467 |
details, prediction |
Second tier
|
Verge
XVG
|
0.6593491 |
details, prediction |
Quant Network
QNT
|
0.6545128 |
details, prediction |
Internet of Services
IOST
|
0.6484164 |
details, prediction |
Stox
STX
|
0.6255014 |
details, prediction |
Nano
NANO
|
0.6218406 |
details, prediction |
Third tier
|
Kambria
KAT
|
0.77500296 |
details, prediction |
Credit Tag Chain
CTC
|
0.7721559 |
details, prediction |
Synereo
AMP
|
0.7101605 |
details, prediction |
Lambda
LAMB
|
0.7037231 |
details, prediction |
Solve.Care
SOLVE
|
0.7035413 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that FuzeX 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 FuzeX
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
USD//Coin
USDC
|
-0.3966829 |
details, prediction |
UNUS SED LEO
LEO
|
-0.23104063 |
details, prediction |
KuCoin Shares
KCS
|
0.056710944 |
details, prediction |
ChainLink
LINK
|
0.28011218 |
details, prediction |
Bitcoin SV
BSV
|
0.32539037 |
details, prediction |
Second tier
|
BORA
BORA
|
-0.47780514 |
details, prediction |
Dai
DAI
|
-0.46665037 |
details, prediction |
True USD
TUSD
|
-0.39647317 |
details, prediction |
Paxos Standard
PAX
|
-0.34430552 |
details, prediction |
Kyber Network
KNC
|
-0.16788523 |
details, prediction |
Third tier
|
Airbloc
ABL
|
-0.53540623 |
details, prediction |
Docademic
MTC
|
-0.49580824 |
details, prediction |
BitDice
CSNO
|
-0.48316363 |
details, prediction |
Numerai
NMR
|
-0.47004732 |
details, prediction |
Tycoon Global
TCT
|
-0.42995128 |
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)