Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
XRP
XRP
|
0.47467577 |
details, prediction |
Crypto.com Chain
CRO
|
0.02887132 |
details, prediction |
Waves
WAVES
|
0.025834184 |
details, prediction |
Ravencoin
RVN
|
0.0019592445 |
details, prediction |
EOS
EOS
|
-0.02233859 |
details, prediction |
Second tier
|
GlitzKoin
GTN
|
0.6218847 |
details, prediction |
DxChain
DX
|
0.6110298 |
details, prediction |
Dai
DAI
|
0.3789627 |
details, prediction |
Centrality
CENNZ
|
0.3479015 |
details, prediction |
True USD
TUSD
|
0.26886055 |
details, prediction |
Third tier
|
Change
CAG
|
0.78618985 |
details, prediction |
Digitex Futures
DGTX
|
0.7834159 |
details, prediction |
EchoLink
EKO
|
0.722932 |
details, prediction |
Exchange Union
XUC
|
0.7216604 |
details, prediction |
QunQun
QUN
|
0.7090811 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that ZrCoin 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 ZrCoin
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
Zilliqa
ZIL
|
-0.5419862 |
details, prediction |
Theta
THETA
|
-0.5354856 |
details, prediction |
Litecoin
LTC
|
-0.49569184 |
details, prediction |
Ethereum
ETH
|
-0.47219104 |
details, prediction |
Bitcoin
BTC
|
-0.46797636 |
details, prediction |
Second tier
|
MaidSafe Coin
MAID
|
-0.6280561 |
details, prediction |
Synthetix Network Token
SNX
|
-0.51493716 |
details, prediction |
Digix DAO
DGD
|
-0.44900036 |
details, prediction |
Gnosis
GNO
|
-0.4435013 |
details, prediction |
Populous
PPT
|
-0.41518155 |
details, prediction |
Third tier
|
CryptoPing
PING
|
-0.70106345 |
details, prediction |
Blockport
BPT
|
-0.67293686 |
details, prediction |
0chain
ZCN
|
-0.6489691 |
details, prediction |
Nimiq
NET
|
-0.59510833 |
details, prediction |
CloakCoin
CLOAK
|
-0.5936887 |
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)