Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
Litecoin
LTC
|
0.96810895 |
details, prediction |
EOS
EOS
|
0.9580519 |
details, prediction |
TRON
TRX
|
0.9572506 |
details, prediction |
IOTA
IOT
|
0.9559834 |
details, prediction |
NEO
NEO
|
0.95065373 |
details, prediction |
Second tier
|
Metal
MTL
|
0.98231727 |
details, prediction |
iEx.ec
RLC
|
0.9736162 |
details, prediction |
Request Network
REQ
|
0.97160304 |
details, prediction |
OriginTrail
TRAC
|
0.9711272 |
details, prediction |
Storj
STORJ
|
0.96343166 |
details, prediction |
Third tier
|
Dragonchain
DRGN
|
0.9777429 |
details, prediction |
Switcheo Network
SWH
|
0.9766251 |
details, prediction |
Cindicator
CND
|
0.9758074 |
details, prediction |
PIVX
PIVX
|
0.9744213 |
details, prediction |
Neblio
NEBL
|
0.97324336 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Origami Network 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 Origami Network
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
Vechain
VET
|
-0.026134223 |
details, prediction |
ChainLink
LINK
|
0.12134947 |
details, prediction |
Dogecoin
DOGE
|
0.15198997 |
details, prediction |
Ethereum Classic
ETC
|
0.32292894 |
details, prediction |
Bitcoin
BTC
|
0.36595085 |
details, prediction |
Second tier
|
Dai
DAI
|
-0.0379782 |
details, prediction |
HoloToken
HOT
|
0.20642592 |
details, prediction |
DigiByte
DGB
|
0.21844141 |
details, prediction |
Basic Attention Token
BAT
|
0.3564861 |
details, prediction |
Horizen
ZEN
|
0.39044312 |
details, prediction |
Third tier
|
Docademic
MTC
|
-0.7180832 |
details, prediction |
Metaverse
ETP
|
-0.69375294 |
details, prediction |
ODEM
ODEM
|
-0.49218792 |
details, prediction |
Zilbercoin
ZBC
|
-0.4583538 |
details, prediction |
AurumCoin
AU
|
-0.44462654 |
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)