Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
ZCash
ZEC
|
0.79665637 |
details, prediction |
Crypto.com Chain
CRO
|
0.77827764 |
details, prediction |
Cardano
ADA
|
0.7469239 |
details, prediction |
Ethereum
ETH
|
0.7350276 |
details, prediction |
Fantom
FTM
|
0.7303211 |
details, prediction |
|
Second tier
|
Ardor
ARDR
|
0.79323494 |
details, prediction |
Digix DAO
DGD
|
0.784529 |
details, prediction |
IOTA
IOT
|
0.77992797 |
details, prediction |
MonaCoin
MONA
|
0.7739352 |
details, prediction |
Cortex
CTXC
|
0.76373523 |
details, prediction |
|
Third tier
|
NovaCoin
NVC
|
0.8130556 |
details, prediction |
RubyCoin
RBY
|
0.804895 |
details, prediction |
FunFair
FUN
|
0.80306304 |
details, prediction |
Storj
STORJ
|
0.78699285 |
details, prediction |
WePower
WPR
|
0.7864117 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that ATLANT 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 ATLANT
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
KuCoin Shares
KCS
|
-0.5047335 |
details, prediction |
Bitcoin Cash
BCH
|
-0.43658346 |
details, prediction |
XRP
XRP
|
-0.37251598 |
details, prediction |
Litecoin
LTC
|
-0.23714103 |
details, prediction |
Ethereum Classic
ETC
|
-0.046753798 |
details, prediction |
|
Second tier
|
Bitcoin SV
BSV
|
-0.5951853 |
details, prediction |
DASH
DASH
|
-0.59288293 |
details, prediction |
BORA
BORA
|
-0.4990087 |
details, prediction |
HedgeTrade
HEDG
|
-0.41045502 |
details, prediction |
EOS
EOS
|
-0.4057165 |
details, prediction |
|
Third tier
|
MOAC
MOAC
|
-0.79742134 |
details, prediction |
Prizm
PZM
|
-0.769401 |
details, prediction |
GAPS
GAP
|
-0.73562765 |
details, prediction |
Energi
NRG
|
-0.723664 |
details, prediction |
Polybius
PLBT
|
-0.7054222 |
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)