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 |
Stellar
XLM
|
0.6251559 |
details, prediction |
XRP
XRP
|
0.58123255 |
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
|
Ethereum Classic
ETC
|
0.29470727 |
details, prediction |
Fantom
FTM
|
0.31432766 |
details, prediction |
Crypto.com Chain
CRO
|
0.33352542 |
details, prediction |
ZCash
ZEC
|
0.33994848 |
details, prediction |
Matic Network
MATIC
|
0.3513139 |
details, prediction |
|
Second tier
|
FTX Token
FTT
|
-0.17382093 |
details, prediction |
Cosmos
ATOM
|
-0.10374453 |
details, prediction |
HedgeTrade
HEDG
|
-0.071971975 |
details, prediction |
Telcoin
TEL
|
0.0099076275 |
details, prediction |
Synthetix Network Token
SNX
|
0.07791042 |
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)