Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
Fantom
FTM
|
0.9786877 |
details, prediction |
Ethereum Classic
ETC
|
0.9716686 |
details, prediction |
NEO
NEO
|
0.97039497 |
details, prediction |
Litecoin
LTC
|
0.9691097 |
details, prediction |
Vechain
VET
|
0.96646684 |
details, prediction |
Second tier
|
Horizen
ZEN
|
0.9740628 |
details, prediction |
DASH
DASH
|
0.9736537 |
details, prediction |
Lisk
LSK
|
0.9714744 |
details, prediction |
Gas
GAS
|
0.9692209 |
details, prediction |
Cortex
CTXC
|
0.9690817 |
details, prediction |
Third tier
|
High Performance Blockchain
HPB
|
0.9806245 |
details, prediction |
Bancor
BNT
|
0.98045534 |
details, prediction |
BitCrystals
BCY
|
0.9781154 |
details, prediction |
Bibox Token
BIX
|
0.9780476 |
details, prediction |
ugChain
UGC
|
0.975498 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Kora Network Token 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 Kora Network Token
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
USD//Coin
USDC
|
-0.20473252 |
details, prediction |
Bitcoin SV
BSV
|
0.38435954 |
details, prediction |
ChainLink
LINK
|
0.50748205 |
details, prediction |
XRP
XRP
|
0.8015743 |
details, prediction |
TRON
TRX
|
0.86547273 |
details, prediction |
Second tier
|
Paxos Standard
PAX
|
-0.5960094 |
details, prediction |
XYO Network
XYO
|
-0.4101498 |
details, prediction |
Dai
DAI
|
-0.36855647 |
details, prediction |
True USD
TUSD
|
-0.34122896 |
details, prediction |
Waves
WAVES
|
-0.08810727 |
details, prediction |
Third tier
|
CWV Chain
CWV
|
-0.8365853 |
details, prediction |
Factom
FCT
|
-0.8042785 |
details, prediction |
Darico
DEC
|
-0.7574078 |
details, prediction |
Chainium
CHX
|
-0.66200954 |
details, prediction |
WorldCoin
WDC
|
-0.6542852 |
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)