Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Cardano
ADA
|
0.35486624 |
details, prediction |
Monero
XMR
|
0.10733774 |
details, prediction |
Ethereum Classic
ETC
|
0.08593357 |
details, prediction |
Dogecoin
DOGE
|
0.06539679 |
details, prediction |
TRON
TRX
|
0.022829896 |
details, prediction |
|
Second tier
|
aelf
ELF
|
0.6316017 |
details, prediction |
Huobi Token
HT
|
0.59866714 |
details, prediction |
Quant Network
QNT
|
0.45633852 |
details, prediction |
Cosmos
ATOM
|
0.44363153 |
details, prediction |
Synthetix Network Token
SNX
|
0.40455437 |
details, prediction |
|
Third tier
|
Crypviser
CVCOIN
|
0.7462221 |
details, prediction |
High Performance Blockchain
HPB
|
0.73196805 |
details, prediction |
Populous
PPT
|
0.66047066 |
details, prediction |
Seele
SEELE
|
0.65322775 |
details, prediction |
Global Social Chain
GSC
|
0.6390491 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that ZPER 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 ZPER
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Binance Coin
BNB
|
-0.54934573 |
details, prediction |
Ethereum
ETH
|
-0.54779744 |
details, prediction |
KuCoin Shares
KCS
|
-0.4742883 |
details, prediction |
Bitcoin
BTC
|
-0.4739898 |
details, prediction |
Fantom
FTM
|
-0.46726865 |
details, prediction |
|
Second tier
|
Nexo
NEXO
|
-0.49562624 |
details, prediction |
Digix DAO
DGD
|
-0.47478086 |
details, prediction |
Decentraland
MANA
|
-0.431321 |
details, prediction |
Loopring
LRC
|
-0.4229388 |
details, prediction |
Ocean Protocol
OCEAN
|
-0.39897117 |
details, prediction |
|
Third tier
|
VIN chain
VIN
|
-0.6517811 |
details, prediction |
Rotharium
RTH
|
-0.6147688 |
details, prediction |
RSK Infrastructure Framework
RIF
|
-0.5565259 |
details, prediction |
Linker Coin
LNC
|
-0.5294891 |
details, prediction |
Bitbook Gambling
BXK
|
-0.52780753 |
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)