Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
Dogecoin
DOGE
|
0.76821494 |
details, prediction |
Maker
MKR
|
0.7428819 |
details, prediction |
NEO
NEO
|
0.71343315 |
details, prediction |
UNUS SED LEO
LEO
|
0.70888984 |
details, prediction |
Stellar
XLM
|
0.68564457 |
details, prediction |
Second tier
|
0x
ZRX
|
0.7827243 |
details, prediction |
IoTeX
IOTX
|
0.7724154 |
details, prediction |
Basic Attention Token
BAT
|
0.7455048 |
details, prediction |
DigiByte
DGB
|
0.72351265 |
details, prediction |
Ardor
ARDR
|
0.7129237 |
details, prediction |
Third tier
|
DubaiCoin
DBIX
|
0.88701034 |
details, prediction |
WAX
WAX
|
0.8721084 |
details, prediction |
Omnitude
ECOM
|
0.870018 |
details, prediction |
Wowbit
WWB
|
0.85166687 |
details, prediction |
Dether
DTH
|
0.8458048 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Zeusshield 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 Zeusshield
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
Fantom
FTM
|
0.15683176 |
details, prediction |
Cosmos
ATOM
|
0.17913081 |
details, prediction |
USD//Coin
USDC
|
0.19048475 |
details, prediction |
Matic Network
MATIC
|
0.34094352 |
details, prediction |
Ethereum Classic
ETC
|
0.3946654 |
details, prediction |
Second tier
|
Telcoin
TEL
|
-0.26633686 |
details, prediction |
Synthetix Network Token
SNX
|
-0.08739855 |
details, prediction |
True USD
TUSD
|
-0.0036926216 |
details, prediction |
FTX Token
FTT
|
0.059237715 |
details, prediction |
Dai
DAI
|
0.10391055 |
details, prediction |
Third tier
|
Blockport
BPT
|
-0.62853134 |
details, prediction |
BipCoin
BIP
|
-0.492442 |
details, prediction |
Gemini Dollar
GUSD
|
-0.47833502 |
details, prediction |
Moneytoken
IMT
|
-0.4153003 |
details, prediction |
Energi
NRG
|
-0.41183037 |
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)