Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
XRP
XRP
|
0.7119101 |
details, prediction |
Tezos
XTZ
|
0.6852689 |
details, prediction |
ZCash
ZEC
|
0.66284114 |
details, prediction |
TRON
TRX
|
0.64341944 |
details, prediction |
EOS
EOS
|
0.640478 |
details, prediction |
Second tier
|
Enjin Coin
ENJ
|
0.78925675 |
details, prediction |
Komodo
KMD
|
0.7580399 |
details, prediction |
0x
ZRX
|
0.718373 |
details, prediction |
QTUM
QTUM
|
0.7175161 |
details, prediction |
Ravencoin
RVN
|
0.7147923 |
details, prediction |
Third tier
|
Aion
AION
|
0.8580682 |
details, prediction |
Walton
WTC
|
0.7891932 |
details, prediction |
Odyssey
OCN
|
0.76983356 |
details, prediction |
NKN
NKN
|
0.7453718 |
details, prediction |
Nebulas
NAS
|
0.7450032 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Nuls 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 Nuls
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
Theta
THETA
|
-0.15187421 |
details, prediction |
Crypto.com Chain
CRO
|
-0.13168989 |
details, prediction |
Binance Coin
BNB
|
-0.056264322 |
details, prediction |
Huobi Token
HT
|
-0.054318897 |
details, prediction |
Dogecoin
DOGE
|
0.030180607 |
details, prediction |
Second tier
|
Centrality
CENNZ
|
-0.27586308 |
details, prediction |
CyberVein
CVT
|
-0.18293045 |
details, prediction |
KuCoin Shares
KCS
|
-0.09548545 |
details, prediction |
HedgeTrade
HEDG
|
-0.056519225 |
details, prediction |
Theta Fuel
TFUEL
|
-0.04546717 |
details, prediction |
Third tier
|
Morpheus Network
MORPH
|
-0.66237164 |
details, prediction |
CUBE
AUTO
|
-0.5069558 |
details, prediction |
ODEM
ODEM
|
-0.4885618 |
details, prediction |
ILCoin
ILC
|
-0.4696716 |
details, prediction |
Agoras Token
AGRS
|
-0.4326567 |
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)