Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Monero
XMR
|
0.969616 |
details, prediction |
Litecoin
LTC
|
0.9662504 |
details, prediction |
XRP
XRP
|
0.9640071 |
details, prediction |
ChainLink
LINK
|
0.958718 |
details, prediction |
Cardano
ADA
|
0.94390714 |
details, prediction |
|
Second tier
|
DASH
DASH
|
0.9818346 |
details, prediction |
Ardor
ARDR
|
0.97791684 |
details, prediction |
Telcoin
TEL
|
0.9769714 |
details, prediction |
Bitcoin Gold
BTG
|
0.9760462 |
details, prediction |
NEO
NEO
|
0.97541225 |
details, prediction |
|
Third tier
|
Cofound.it
CFI
|
0.98875487 |
details, prediction |
BlackCoin
BLK
|
0.98642594 |
details, prediction |
BitCrystals
BCY
|
0.98638046 |
details, prediction |
ZCoin
XZC
|
0.98542666 |
details, prediction |
Particl
PART
|
0.98371774 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Vcash 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 Vcash
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Binance Coin
BNB
|
-0.08538189 |
details, prediction |
Ethereum Classic
ETC
|
0.7415347 |
details, prediction |
SONM
SNM
|
0.7612336 |
details, prediction |
ZCash
ZEC
|
0.855922 |
details, prediction |
TRON
TRX
|
0.86082643 |
details, prediction |
|
Second tier
|
Huobi Token
HT
|
-0.47197545 |
details, prediction |
Dai
DAI
|
-0.015327485 |
details, prediction |
True USD
TUSD
|
0.18017338 |
details, prediction |
Theta
THETA
|
0.23236932 |
details, prediction |
Decred
DCR
|
0.36451152 |
details, prediction |
|
Third tier
|
WeAreSatoshi
WSX
|
-0.80144423 |
details, prediction |
Bitcedi
BXC
|
-0.79861426 |
details, prediction |
ODEM
ODEM
|
-0.7240631 |
details, prediction |
Docademic
MTC
|
-0.7209923 |
details, prediction |
Trade Token
TIO
|
-0.45043042 |
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)