Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
XRP
XRP
|
0.95348155 |
details, prediction |
Ethereum Classic
ETC
|
0.91115314 |
details, prediction |
Dogecoin
DOGE
|
0.89896524 |
details, prediction |
Bitcoin
BTC
|
0.8335867 |
details, prediction |
Bitcoin Cash
BCH
|
0.8244899 |
details, prediction |
|
Second tier
|
Theta Fuel
TFUEL
|
0.92634565 |
details, prediction |
QTUM
QTUM
|
0.92342 |
details, prediction |
NEO
NEO
|
0.9230668 |
details, prediction |
Synthetix Network Token
SNX
|
0.9217962 |
details, prediction |
0x
ZRX
|
0.9141757 |
details, prediction |
|
Third tier
|
Kyber Network
KNC
|
0.92795825 |
details, prediction |
Steem
STEEM
|
0.9169399 |
details, prediction |
Gas
GAS
|
0.9105549 |
details, prediction |
Lisk
LSK
|
0.9091999 |
details, prediction |
Stox
STX
|
0.90842265 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Crypto.com Chain 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 Crypto.com Chain
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Stellar
XLM
|
0.0873976 |
details, prediction |
Monero
XMR
|
0.5024357 |
details, prediction |
Ethereum
ETH
|
0.5356583 |
details, prediction |
TRON
TRX
|
0.6029146 |
details, prediction |
ZCash
ZEC
|
0.6048038 |
details, prediction |
|
Second tier
|
Dai
DAI
|
-0.74599516 |
details, prediction |
USD//Coin
USDC
|
-0.32983762 |
details, prediction |
True USD
TUSD
|
-0.2407243 |
details, prediction |
DigiByte
DGB
|
0.056663863 |
details, prediction |
Bitcoin SV
BSV
|
0.4566968 |
details, prediction |
|
Third tier
|
Propy
PRO
|
-0.345985 |
details, prediction |
NKN
NKN
|
-0.11200724 |
details, prediction |
V Systems
VSYS
|
-0.07059193 |
details, prediction |
Matrix AI Network
MAN
|
-0.02728549 |
details, prediction |
Phantasma
SOUL
|
-0.014603716 |
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)