Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
Chiliz
CHZ
|
0.9558836 |
details, prediction |
Decentraland
MANA
|
0.94694406 |
details, prediction |
Theta Fuel
TFUEL
|
0.92896837 |
details, prediction |
Enjin Coin
ENJ
|
0.923097 |
details, prediction |
Theta
THETA
|
0.8948034 |
details, prediction |
Second tier
|
Centrality
CENNZ
|
0.9025457 |
details, prediction |
SysCoin
SYS
|
0.90066206 |
details, prediction |
Telcoin
TEL
|
0.884214 |
details, prediction |
Bluzelle
BLZ
|
0.8823846 |
details, prediction |
Metadium
META
|
0.87971604 |
details, prediction |
Third tier
|
BeeChat
CHAT
|
0.9725795 |
details, prediction |
Lympo
LYM
|
0.94661134 |
details, prediction |
CyberMiles
CMT
|
0.9385284 |
details, prediction |
MediShares
MDS
|
0.93794024 |
details, prediction |
Medicalchain
MTN
|
0.9278746 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that All Sports 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 All Sports
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
NEM
XEM
|
0.080774345 |
details, prediction |
Maker
MKR
|
0.3402409 |
details, prediction |
Stellar
XLM
|
0.39946637 |
details, prediction |
Bitcoin Cash
BCH
|
0.42591333 |
details, prediction |
Bitcoin SV
BSV
|
0.45795155 |
details, prediction |
Second tier
|
HedgeTrade
HEDG
|
-0.046933804 |
details, prediction |
Loopring
LRC
|
0.1833606 |
details, prediction |
Synthetix Network Token
SNX
|
0.18937474 |
details, prediction |
MonaCoin
MONA
|
0.29962102 |
details, prediction |
Paxos Standard
PAX
|
0.36237386 |
details, prediction |
Third tier
|
VeriCoin
VRC
|
-0.8001503 |
details, prediction |
GlitzKoin
GTN
|
-0.7406836 |
details, prediction |
Bitbook Gambling
BXK
|
-0.6600882 |
details, prediction |
ILCoin
ILC
|
-0.60328895 |
details, prediction |
Exchange Union
XUC
|
-0.581707 |
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)