Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
KuCoin Shares
KCS
|
0.925961 |
details, prediction |
Ethereum Classic
ETC
|
0.92225623 |
details, prediction |
Cardano
ADA
|
0.91050345 |
details, prediction |
Bitcoin Cash
BCH
|
0.9023637 |
details, prediction |
Crypto.com Chain
CRO
|
0.8666586 |
details, prediction |
|
Second tier
|
Status
SNT
|
0.9840274 |
details, prediction |
Basic Attention Token
BAT
|
0.97749853 |
details, prediction |
QTUM
QTUM
|
0.9743332 |
details, prediction |
Decentraland
MANA
|
0.9720744 |
details, prediction |
FTX Token
FTT
|
0.9698683 |
details, prediction |
|
Third tier
|
ICON
ICX
|
0.97968775 |
details, prediction |
Civic
CVC
|
0.9712325 |
details, prediction |
Power Ledger
POWR
|
0.97044504 |
details, prediction |
Storj
STORJ
|
0.96985203 |
details, prediction |
Kleros
PNK
|
0.9698196 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that iEx.ec 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 iEx.ec
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
TRON
TRX
|
-0.6584524 |
details, prediction |
UNUS SED LEO
LEO
|
0.08302672 |
details, prediction |
ZCash
ZEC
|
0.55381674 |
details, prediction |
Binance Coin
BNB
|
0.63214594 |
details, prediction |
Ethereum
ETH
|
0.7142782 |
details, prediction |
|
Second tier
|
Decred
DCR
|
-0.3658805 |
details, prediction |
Dai
DAI
|
-0.33002204 |
details, prediction |
True USD
TUSD
|
0.23967656 |
details, prediction |
Nexo
NEXO
|
0.39709026 |
details, prediction |
Verge
XVG
|
0.48941064 |
details, prediction |
|
Third tier
|
Kambria
KAT
|
-0.81613815 |
details, prediction |
Ontology
ONT
|
-0.2665292 |
details, prediction |
Dent
DENT
|
-0.113689244 |
details, prediction |
Enjin Coin
ENJ
|
0.04610091 |
details, prediction |
OPEN Platform
OPEN
|
0.05033925 |
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)