Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
UNUS SED LEO
LEO
|
0.9917787 |
details, prediction |
ZCash
ZEC
|
0.7193189 |
details, prediction |
TRON
TRX
|
0.67601085 |
details, prediction |
Ethereum Classic
ETC
|
0.49578547 |
details, prediction |
Dogecoin
DOGE
|
0.4760984 |
details, prediction |
|
Second tier
|
OriginTrail
TRAC
|
0.65641767 |
details, prediction |
Telcoin
TEL
|
0.6446034 |
details, prediction |
FTX Token
FTT
|
0.5875479 |
details, prediction |
DASH
DASH
|
0.57157415 |
details, prediction |
Algorand
ALGO
|
0.43730253 |
details, prediction |
|
Third tier
|
Constellation
DAG
|
0.47469538 |
details, prediction |
Storj
STORJ
|
0.44629624 |
details, prediction |
Dero
DERO
|
0.42864096 |
details, prediction |
Bancor
BNT
|
0.42514983 |
details, prediction |
FunFair
FUN
|
0.39735964 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that V Systems 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 V Systems
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Crypto.com Chain
CRO
|
-0.61607814 |
details, prediction |
KuCoin Shares
KCS
|
-0.4972572 |
details, prediction |
Bitcoin Cash
BCH
|
-0.42077646 |
details, prediction |
Ethereum
ETH
|
-0.35785806 |
details, prediction |
XRP
XRP
|
-0.26882896 |
details, prediction |
|
Second tier
|
Bitcoin Gold
BTG
|
-0.591325 |
details, prediction |
Decred
DCR
|
-0.5743405 |
details, prediction |
DigiByte
DGB
|
-0.5423187 |
details, prediction |
Ardor
ARDR
|
-0.49024627 |
details, prediction |
Theta Fuel
TFUEL
|
-0.46496665 |
details, prediction |
|
Third tier
|
Loopring
LRC
|
-0.9341711 |
details, prediction |
LAToken
LA
|
-0.8936266 |
details, prediction |
SingularityNET
AGI
|
-0.75203866 |
details, prediction |
Chronobank
TIME
|
-0.70355415 |
details, prediction |
BABB
BAX
|
-0.6179617 |
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)