Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
Fantom
FTM
|
0.6809485 |
details, prediction |
Vechain
VET
|
0.6713782 |
details, prediction |
Ethereum Classic
ETC
|
0.6336531 |
details, prediction |
Dogecoin
DOGE
|
0.6319313 |
details, prediction |
NEO
NEO
|
0.60673445 |
details, prediction |
Second tier
|
DASH
DASH
|
0.673174 |
details, prediction |
Lisk
LSK
|
0.66231185 |
details, prediction |
IOTA
IOT
|
0.6303207 |
details, prediction |
Nano
NANO
|
0.623267 |
details, prediction |
Horizen
ZEN
|
0.59925604 |
details, prediction |
Third tier
|
Tidex Token
TDX
|
0.90321636 |
details, prediction |
Pura
PURA
|
0.8647154 |
details, prediction |
AICHAIN
AIT
|
0.8646921 |
details, prediction |
AurumCoin
AU
|
0.8474857 |
details, prediction |
RubyCoin
RBY
|
0.8455377 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Vice Industry Token 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 Vice Industry Token
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
USD//Coin
USDC
|
-0.2837425 |
details, prediction |
Maker
MKR
|
-0.22615243 |
details, prediction |
XRP
XRP
|
-0.16276163 |
details, prediction |
ChainLink
LINK
|
-0.14035644 |
details, prediction |
Bitcoin SV
BSV
|
0.24236546 |
details, prediction |
Second tier
|
Nexo
NEXO
|
-0.5206695 |
details, prediction |
Paxos Standard
PAX
|
-0.40386823 |
details, prediction |
True USD
TUSD
|
-0.37454897 |
details, prediction |
Quant Network
QNT
|
-0.33261296 |
details, prediction |
Dai
DAI
|
-0.32112545 |
details, prediction |
Third tier
|
Zoin
ZOI
|
-0.8812497 |
details, prediction |
QuarkChain
QKC
|
-0.5971241 |
details, prediction |
Tycoon Global
TCT
|
-0.59211373 |
details, prediction |
WorldCoin
WDC
|
-0.53217256 |
details, prediction |
Vitae
VITAE
|
-0.5181562 |
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)