Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
Dogecoin
DOGE
|
0.8051341 |
details, prediction |
Maker
MKR
|
0.7351479 |
details, prediction |
UNUS SED LEO
LEO
|
0.70122904 |
details, prediction |
Chiliz
CHZ
|
0.68482083 |
details, prediction |
Vechain
VET
|
0.6279455 |
details, prediction |
Second tier
|
GXShares
GXS
|
0.8414595 |
details, prediction |
Cortex
CTXC
|
0.80816823 |
details, prediction |
iEx.ec
RLC
|
0.78400284 |
details, prediction |
Nano
NANO
|
0.78142166 |
details, prediction |
0x
ZRX
|
0.77460015 |
details, prediction |
Third tier
|
Dether
DTH
|
0.8881535 |
details, prediction |
Egretia
EGT
|
0.8376053 |
details, prediction |
BnkToTheFuture
BFT
|
0.8198204 |
details, prediction |
Wowbit
WWB
|
0.81714773 |
details, prediction |
NEXT
NET
|
0.812897 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Origin Sport 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 Origin Sport
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
Cosmos
ATOM
|
-0.10374453 |
details, prediction |
Bitcoin SV
BSV
|
0.24089566 |
details, prediction |
Theta
THETA
|
0.2669149 |
details, prediction |
Ethereum Classic
ETC
|
0.29470727 |
details, prediction |
Tezos
XTZ
|
0.3040008 |
details, prediction |
Second tier
|
FTX Token
FTT
|
-0.17382093 |
details, prediction |
HedgeTrade
HEDG
|
-0.071971975 |
details, prediction |
Telcoin
TEL
|
0.0099076275 |
details, prediction |
Synthetix Network Token
SNX
|
0.07791042 |
details, prediction |
SwissBorg
CHSB
|
0.09067221 |
details, prediction |
Third tier
|
Blockport
BPT
|
-0.6140109 |
details, prediction |
Cryptonex
CNX
|
-0.59382445 |
details, prediction |
Hydro
HYDRO
|
-0.41691038 |
details, prediction |
Ecoreal Estate
ECOREAL
|
-0.41627502 |
details, prediction |
Bitcoin Private
BTCP
|
-0.33338782 |
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)