Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
SONM
SNM
|
0.9512965 |
details, prediction |
TRON
TRX
|
0.91902107 |
details, prediction |
XRP
XRP
|
0.91784316 |
details, prediction |
Ethereum
ETH
|
0.9174671 |
details, prediction |
NEO
NEO
|
0.9100375 |
details, prediction |
Second tier
|
Loopring
LRC
|
0.9515457 |
details, prediction |
OmiseGo
OMG
|
0.94828784 |
details, prediction |
Ethos (Bitquence)
BQX
|
0.94728947 |
details, prediction |
ICON
ICX
|
0.9418621 |
details, prediction |
FirstBlood
1ST
|
0.9397166 |
details, prediction |
Third tier
|
Revain
R
|
0.97550803 |
details, prediction |
NovaCoin
NVC
|
0.97018206 |
details, prediction |
Seele
SEELE
|
0.9701032 |
details, prediction |
NameCoin
NMC
|
0.96910024 |
details, prediction |
Heat Ledger
HEAT
|
0.9675396 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Unitus 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 Unitus
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
Vechain
VET
|
-0.61286974 |
details, prediction |
ChainLink
LINK
|
-0.27017415 |
details, prediction |
Dogecoin
DOGE
|
-0.08128561 |
details, prediction |
Bitcoin
BTC
|
0.05922778 |
details, prediction |
Stellar
XLM
|
0.1957961 |
details, prediction |
Second tier
|
HoloToken
HOT
|
-0.15149546 |
details, prediction |
Dai
DAI
|
0.034236483 |
details, prediction |
DigiByte
DGB
|
0.12358058 |
details, prediction |
Horizen
ZEN
|
0.14895868 |
details, prediction |
Ravencoin
RVN
|
0.17508313 |
details, prediction |
Third tier
|
Metaverse
ETP
|
-0.9015921 |
details, prediction |
Zilbercoin
ZBC
|
-0.7314977 |
details, prediction |
Docademic
MTC
|
-0.72323436 |
details, prediction |
BHPCash
BHPC
|
-0.7041068 |
details, prediction |
Neumarks
NEU
|
-0.5838193 |
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)