Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
Chiliz
CHZ
|
0.8717289 |
details, prediction |
Matic Network
MATIC
|
0.8455732 |
details, prediction |
ChainLink
LINK
|
0.79478526 |
details, prediction |
Theta
THETA
|
0.78494525 |
details, prediction |
Tezos
XTZ
|
0.77899796 |
details, prediction |
Second tier
|
Ardor
ARDR
|
0.87998146 |
details, prediction |
Metal
MTL
|
0.8498829 |
details, prediction |
Ocean Protocol
OCEAN
|
0.8475083 |
details, prediction |
SysCoin
SYS
|
0.83688843 |
details, prediction |
ARK
ARK
|
0.8184991 |
details, prediction |
Third tier
|
Global Social Chain
GSC
|
0.8925863 |
details, prediction |
Elastos
ELA
|
0.8883576 |
details, prediction |
Quantum Resistant Ledger
QRL
|
0.8827256 |
details, prediction |
BitcoinZ
BTCZ
|
0.8797763 |
details, prediction |
Dero
DERO
|
0.8649388 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Karbowanec 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 Karbowanec
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
Fantom
FTM
|
0.12785529 |
details, prediction |
USD//Coin
USDC
|
0.20458645 |
details, prediction |
Cosmos
ATOM
|
0.25504228 |
details, prediction |
UNUS SED LEO
LEO
|
0.28052136 |
details, prediction |
Bitcoin SV
BSV
|
0.41595557 |
details, prediction |
Second tier
|
Telcoin
TEL
|
-0.18578702 |
details, prediction |
Synthetix Network Token
SNX
|
0.0749708 |
details, prediction |
Paxos Standard
PAX
|
0.14866862 |
details, prediction |
True USD
TUSD
|
0.15404601 |
details, prediction |
Dai
DAI
|
0.18184191 |
details, prediction |
Third tier
|
WeShow Token
WET
|
-0.56715995 |
details, prediction |
CEEK
CEEK
|
-0.51217836 |
details, prediction |
Streamr DATAcoin
DATA
|
-0.39893773 |
details, prediction |
Napoleon X
NPX
|
-0.368621 |
details, prediction |
Quanta Network
QNTU
|
-0.33712378 |
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)