Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Dogecoin
DOGE
|
0.8847152 |
details, prediction |
Ethereum Classic
ETC
|
0.8522337 |
details, prediction |
XRP
XRP
|
0.8404637 |
details, prediction |
Binance Coin
BNB
|
0.7733653 |
details, prediction |
Bitcoin Cash
BCH
|
0.7308876 |
details, prediction |
|
Second tier
|
IOTA
IOT
|
0.9373824 |
details, prediction |
Siacoin
SC
|
0.9279555 |
details, prediction |
iEx.ec
RLC
|
0.9044384 |
details, prediction |
Zilliqa
ZIL
|
0.9014759 |
details, prediction |
Verge
XVG
|
0.8980624 |
details, prediction |
|
Third tier
|
SingularityNET
AGI
|
0.9176972 |
details, prediction |
IoTeX
IOTX
|
0.9086534 |
details, prediction |
SwftCoin
SWFTC
|
0.9012621 |
details, prediction |
Stox
STX
|
0.9009062 |
details, prediction |
Internet of Services
IOST
|
0.8954498 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Basic Attention Token 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 Basic Attention Token
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Stellar
XLM
|
0.020898242 |
details, prediction |
TRON
TRX
|
0.2301394 |
details, prediction |
ZCash
ZEC
|
0.26917133 |
details, prediction |
Monero
XMR
|
0.47448075 |
details, prediction |
Ethereum
ETH
|
0.52177054 |
details, prediction |
|
Second tier
|
Dai
DAI
|
-0.62331235 |
details, prediction |
USD//Coin
USDC
|
-0.61438525 |
details, prediction |
True USD
TUSD
|
-0.23172665 |
details, prediction |
DigiByte
DGB
|
-0.06448181 |
details, prediction |
Decred
DCR
|
0.5367161 |
details, prediction |
|
Third tier
|
Propy
PRO
|
-0.37901714 |
details, prediction |
V Systems
VSYS
|
-0.21333526 |
details, prediction |
Phantasma
SOUL
|
-0.13807851 |
details, prediction |
NKN
NKN
|
-0.12815517 |
details, prediction |
Matrix AI Network
MAN
|
-0.08375291 |
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)