Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
Litecoin
LTC
|
0.8400514 |
details, prediction |
Bitcoin
BTC
|
0.83579046 |
details, prediction |
NEO
NEO
|
0.83054364 |
details, prediction |
FTX Token
FTT
|
0.83047736 |
details, prediction |
IOTA
IOT
|
0.82760406 |
details, prediction |
Second tier
|
TomoChain
TOMO
|
0.87014025 |
details, prediction |
Algorand
ALGO
|
0.8390746 |
details, prediction |
Horizen
ZEN
|
0.83598346 |
details, prediction |
NEM
XEM
|
0.8359234 |
details, prediction |
DASH
DASH
|
0.83265454 |
details, prediction |
Third tier
|
AeonCoin
AEON
|
0.8621723 |
details, prediction |
Genaro Network
GNX
|
0.8520019 |
details, prediction |
United Traders Token
UTT
|
0.8502837 |
details, prediction |
Elastos
ELA
|
0.8452748 |
details, prediction |
Newton
NEW
|
0.8418111 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Nucleus Vision 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 Nucleus Vision
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
TRON
TRX
|
-0.1676993 |
details, prediction |
Monero
XMR
|
0.47487512 |
details, prediction |
KuCoin Shares
KCS
|
0.57921815 |
details, prediction |
UNUS SED LEO
LEO
|
0.68787044 |
details, prediction |
Dogecoin
DOGE
|
0.73143303 |
details, prediction |
Second tier
|
True USD
TUSD
|
-0.5562266 |
details, prediction |
USD//Coin
USDC
|
-0.51648206 |
details, prediction |
Dai
DAI
|
-0.45345438 |
details, prediction |
EthLend
LEND
|
-0.41168478 |
details, prediction |
Paxos Standard
PAX
|
-0.36438423 |
details, prediction |
Third tier
|
Time New Bank
TNB
|
-0.8067119 |
details, prediction |
Gemini Dollar
GUSD
|
-0.6213641 |
details, prediction |
Envion
EVN
|
-0.6137305 |
details, prediction |
ILCoin
ILC
|
-0.5642059 |
details, prediction |
Seele
SEELE
|
-0.5178243 |
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)