Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
KuCoin Shares
KCS
|
0.49502105 |
details, prediction |
Maker
MKR
|
0.10885368 |
details, prediction |
SONM
SNM
|
-0.057143036 |
details, prediction |
TRON
TRX
|
-0.12463137 |
details, prediction |
Dogecoin
DOGE
|
-0.1592589 |
details, prediction |
|
Second tier
|
Quant Network
QNT
|
0.36917332 |
details, prediction |
XYO Network
XYO
|
0.34629437 |
details, prediction |
Ethos (Bitquence)
BQX
|
0.25518087 |
details, prediction |
Waves
WAVES
|
0.20147143 |
details, prediction |
Polymath Network
POLY
|
0.097504355 |
details, prediction |
|
Third tier
|
Vitae
VITAE
|
0.8800356 |
details, prediction |
Tidex Token
TDX
|
0.8110509 |
details, prediction |
Bulwark
BWK
|
0.7779772 |
details, prediction |
BHPCash
BHPC
|
0.74805236 |
details, prediction |
FLASH coin
FLASH
|
0.74509615 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that ClearPoll 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 ClearPoll
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Binance Coin
BNB
|
-0.44843838 |
details, prediction |
Bitcoin
BTC
|
-0.35628858 |
details, prediction |
Litecoin
LTC
|
-0.33544865 |
details, prediction |
Monero
XMR
|
-0.33272588 |
details, prediction |
Ethereum
ETH
|
-0.32244918 |
details, prediction |
|
Second tier
|
Huobi Token
HT
|
-0.4006903 |
details, prediction |
Digix DAO
DGD
|
-0.37673146 |
details, prediction |
MonaCoin
MONA
|
-0.35588047 |
details, prediction |
Horizen
ZEN
|
-0.3448725 |
details, prediction |
Telcoin
TEL
|
-0.34102446 |
details, prediction |
|
Third tier
|
WeAreSatoshi
WSX
|
-0.89220214 |
details, prediction |
Opacity
OPQ
|
-0.5216053 |
details, prediction |
RealTract
RET
|
-0.51748526 |
details, prediction |
Aurora Chain
AOA
|
-0.49646655 |
details, prediction |
Einsteinium
EMC2
|
-0.4649906 |
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)