Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
UNUS SED LEO
LEO
|
0.736164 |
details, prediction |
Crypto.com Chain
CRO
|
0.47159314 |
details, prediction |
KuCoin Shares
KCS
|
0.2248595 |
details, prediction |
ZCash
ZEC
|
0.22271113 |
details, prediction |
Matic Network
MATIC
|
0.17775428 |
details, prediction |
|
Second tier
|
AMO Coin
AMO
|
0.62184834 |
details, prediction |
EthLend
LEND
|
0.30252585 |
details, prediction |
SwissBorg
CHSB
|
0.27825248 |
details, prediction |
OriginTrail
TRAC
|
0.26051375 |
details, prediction |
Metadium
META
|
0.24791123 |
details, prediction |
|
Third tier
|
Distributed Credit Chain
DCC
|
0.9403365 |
details, prediction |
DopeCoin
DOPE
|
0.7889852 |
details, prediction |
Flexacoin
FXC
|
0.7837432 |
details, prediction |
Smartlands
SLT
|
0.756603 |
details, prediction |
ThoreCoin
THR
|
0.7385075 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Spectiv 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 Spectiv
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Bitcoin Cash
BCH
|
-0.001275045 |
details, prediction |
Bitcoin
BTC
|
0.0015493666 |
details, prediction |
Monero
XMR
|
0.020551505 |
details, prediction |
Stellar
XLM
|
0.036659073 |
details, prediction |
XRP
XRP
|
0.044428553 |
details, prediction |
|
Second tier
|
Telcoin
TEL
|
-0.2538428 |
details, prediction |
Aragon
ANT
|
-0.25182104 |
details, prediction |
FirstBlood
1ST
|
-0.19220142 |
details, prediction |
Theta
THETA
|
-0.11692001 |
details, prediction |
Huobi Token
HT
|
-0.10029908 |
details, prediction |
|
Third tier
|
BipCoin
BIP
|
-0.75582546 |
details, prediction |
Vitae
VITAE
|
-0.5426733 |
details, prediction |
SafeExchangeCoin
SAFEX
|
-0.48076758 |
details, prediction |
V Systems
VSYS
|
-0.44349107 |
details, prediction |
ALISmedia
ALIS
|
-0.42293653 |
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)