Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
Dogecoin
DOGE
|
0.92969596 |
details, prediction |
Binance Coin
BNB
|
0.924643 |
details, prediction |
Ethereum
ETH
|
0.92425704 |
details, prediction |
Huobi Token
HT
|
0.9054197 |
details, prediction |
Bitcoin Cash
BCH
|
0.89279056 |
details, prediction |
Second tier
|
ARK
ARK
|
0.9552106 |
details, prediction |
Loom Network
LOOM
|
0.9482424 |
details, prediction |
Status
SNT
|
0.94787467 |
details, prediction |
Gnosis
GNO
|
0.9326944 |
details, prediction |
Verge
XVG
|
0.91434425 |
details, prediction |
Third tier
|
Pillar
PLR
|
0.95782083 |
details, prediction |
Refereum
RFR
|
0.9486905 |
details, prediction |
Groestlcoin
GRS
|
0.9482091 |
details, prediction |
PIVX
PIVX
|
0.926053 |
details, prediction |
All Sports
SOC
|
0.92599916 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that QuarkChain 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 QuarkChain
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
TRON
TRX
|
-0.08945926 |
details, prediction |
UNUS SED LEO
LEO
|
0.55580896 |
details, prediction |
Bitcoin SV
BSV
|
0.75850135 |
details, prediction |
Decentraland
MANA
|
0.7697613 |
details, prediction |
ChainLink
LINK
|
0.7896284 |
details, prediction |
Second tier
|
True USD
TUSD
|
-0.33651203 |
details, prediction |
EthLend
LEND
|
-0.31120977 |
details, prediction |
USD//Coin
USDC
|
-0.26959246 |
details, prediction |
Paxos Standard
PAX
|
-0.26491472 |
details, prediction |
Dai
DAI
|
-0.20039934 |
details, prediction |
Third tier
|
Gemini Dollar
GUSD
|
-0.8524271 |
details, prediction |
Seele
SEELE
|
-0.75759494 |
details, prediction |
Time New Bank
TNB
|
-0.64466774 |
details, prediction |
THEKEY
TKY
|
-0.60394436 |
details, prediction |
DigiCube
CUBE
|
-0.5508905 |
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)