Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
SONM
SNM
|
0.8753498 |
details, prediction |
Cosmos
ATOM
|
0.74570525 |
details, prediction |
Fantom
FTM
|
0.7407315 |
details, prediction |
Matic Network
MATIC
|
0.7338034 |
details, prediction |
IOTA
IOT
|
0.7199175 |
details, prediction |
Second tier
|
Aragon
ANT
|
0.8434374 |
details, prediction |
Digix DAO
DGD
|
0.8354209 |
details, prediction |
Algorand
ALGO
|
0.8139412 |
details, prediction |
OriginTrail
TRAC
|
0.8129621 |
details, prediction |
SysCoin
SYS
|
0.80167735 |
details, prediction |
Third tier
|
Morpheus Labs
MITX
|
0.93816584 |
details, prediction |
OKCash
OK
|
0.88829273 |
details, prediction |
VIBEHub
VIBE
|
0.88751054 |
details, prediction |
Factom
FCT
|
0.8800892 |
details, prediction |
ILCoin
ILC
|
0.8796239 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Auctus 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 Auctus
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
UNUS SED LEO
LEO
|
-0.72277987 |
details, prediction |
Ethereum Classic
ETC
|
-0.47347403 |
details, prediction |
Dogecoin
DOGE
|
-0.046189006 |
details, prediction |
XRP
XRP
|
-0.003910205 |
details, prediction |
NEO
NEO
|
0.0032780734 |
details, prediction |
Second tier
|
Kyber Network
KNC
|
-0.6860019 |
details, prediction |
FTX Token
FTT
|
-0.57107514 |
details, prediction |
Waves
WAVES
|
-0.42995346 |
details, prediction |
Zilliqa
ZIL
|
-0.35303712 |
details, prediction |
Theta Fuel
TFUEL
|
-0.16932002 |
details, prediction |
Third tier
|
SmartMesh
SMT
|
-0.83105236 |
details, prediction |
Genaro Network
GNX
|
-0.69418365 |
details, prediction |
Time New Bank
TNB
|
-0.62431943 |
details, prediction |
Quantstamp
QSP
|
-0.6233211 |
details, prediction |
Crypterium
CRPT
|
-0.6163539 |
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)