Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
ChainLink
LINK
|
0.5393994 |
details, prediction |
Vechain
VET
|
0.50700366 |
details, prediction |
Cardano
ADA
|
0.5032473 |
details, prediction |
NEO
NEO
|
0.49740484 |
details, prediction |
XRP
XRP
|
0.4877873 |
details, prediction |
Second tier
|
FTX Token
FTT
|
0.5364021 |
details, prediction |
Synthetix Network Token
SNX
|
0.5219956 |
details, prediction |
OmiseGo
OMG
|
0.5174429 |
details, prediction |
Nano
NANO
|
0.5051997 |
details, prediction |
Zilliqa
ZIL
|
0.4948477 |
details, prediction |
Third tier
|
Yggdrash
YEED
|
0.6070942 |
details, prediction |
FedoraCoin
TIPS
|
0.52402633 |
details, prediction |
Grin
GRIN
|
0.5180808 |
details, prediction |
Nucleus Vision
NCASH
|
0.50308114 |
details, prediction |
BitKan
KAN
|
0.5009065 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that NoLimitCoin 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 NoLimitCoin
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
USD//Coin
USDC
|
-0.4569349 |
details, prediction |
UNUS SED LEO
LEO
|
-0.39546484 |
details, prediction |
Matic Network
MATIC
|
-0.37274155 |
details, prediction |
Crypto.com Chain
CRO
|
-0.3499795 |
details, prediction |
KuCoin Shares
KCS
|
-0.19575727 |
details, prediction |
Second tier
|
Request Network
REQ
|
-0.5896224 |
details, prediction |
True USD
TUSD
|
-0.4874003 |
details, prediction |
SysCoin
SYS
|
-0.43949574 |
details, prediction |
Cortex
CTXC
|
-0.42344704 |
details, prediction |
GXShares
GXS
|
-0.41396174 |
details, prediction |
Third tier
|
Bread
BRD
|
-0.5137053 |
details, prediction |
Particl
PART
|
-0.49601248 |
details, prediction |
Agoras Token
AGRS
|
-0.48237064 |
details, prediction |
GlitzKoin
GTN
|
-0.4695101 |
details, prediction |
Measurable Data Token
MDT
|
-0.43829322 |
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)