Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Cardano
ADA
|
0.80780876 |
details, prediction |
Stellar
XLM
|
0.7987932 |
details, prediction |
SONM
SNM
|
0.7776648 |
details, prediction |
Matic Network
MATIC
|
0.7652082 |
details, prediction |
UNUS SED LEO
LEO
|
0.7421281 |
details, prediction |
|
Second tier
|
Polymath Network
POLY
|
0.8361838 |
details, prediction |
Loopring
LRC
|
0.83350724 |
details, prediction |
EOS
EOS
|
0.83334804 |
details, prediction |
Theta Fuel
TFUEL
|
0.81608063 |
details, prediction |
Request Network
REQ
|
0.81513643 |
details, prediction |
|
Third tier
|
POA Network
POA
|
0.89342767 |
details, prediction |
Steem
STEEM
|
0.84518456 |
details, prediction |
Refereum
RFR
|
0.84351736 |
details, prediction |
Civic
CVC
|
0.84322584 |
details, prediction |
Aeternity
AE
|
0.8416756 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Lampix 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 Lampix
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
ChainLink
LINK
|
-0.4126009 |
details, prediction |
Bitcoin
BTC
|
-0.31527978 |
details, prediction |
KuCoin Shares
KCS
|
-0.2973061 |
details, prediction |
Crypto.com Chain
CRO
|
-0.051397733 |
details, prediction |
Fantom
FTM
|
0.039808292 |
details, prediction |
|
Second tier
|
Aragon
ANT
|
-0.5745579 |
details, prediction |
Quant Network
QNT
|
-0.5741209 |
details, prediction |
FirstBlood
1ST
|
-0.5501614 |
details, prediction |
Huobi Token
HT
|
-0.51086533 |
details, prediction |
Dai
DAI
|
-0.19362473 |
details, prediction |
|
Third tier
|
TerraCoin
TRC
|
-0.791342 |
details, prediction |
V Systems
VSYS
|
-0.7886573 |
details, prediction |
Tidex Token
TDX
|
-0.76017755 |
details, prediction |
RSK Infrastructure Framework
RIF
|
-0.7229884 |
details, prediction |
ZelCash
ZEL
|
-0.71773 |
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)