Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
Cosmos
ATOM
|
0.44363153 |
details, prediction |
Cardano
ADA
|
0.35486624 |
details, prediction |
IOTA
IOT
|
0.22479613 |
details, prediction |
NEO
NEO
|
0.19708313 |
details, prediction |
Monero
XMR
|
0.10733774 |
details, prediction |
Second tier
|
aelf
ELF
|
0.6316017 |
details, prediction |
Huobi Token
HT
|
0.59866714 |
details, prediction |
Internet of Services
IOST
|
0.5498858 |
details, prediction |
Quant Network
QNT
|
0.45633852 |
details, prediction |
Synthetix Network Token
SNX
|
0.40455437 |
details, prediction |
Third tier
|
Crypviser
CVCOIN
|
0.7462221 |
details, prediction |
High Performance Blockchain
HPB
|
0.73196805 |
details, prediction |
Populous
PPT
|
0.66047066 |
details, prediction |
Seele
SEELE
|
0.65322775 |
details, prediction |
Global Social Chain
GSC
|
0.6390491 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that ZPER 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 ZPER
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
Binance Coin
BNB
|
-0.54934573 |
details, prediction |
Ethereum
ETH
|
-0.54779744 |
details, prediction |
KuCoin Shares
KCS
|
-0.4742883 |
details, prediction |
Bitcoin
BTC
|
-0.4739898 |
details, prediction |
Fantom
FTM
|
-0.46726865 |
details, prediction |
Second tier
|
Nexo
NEXO
|
-0.49562624 |
details, prediction |
Stox
STX
|
-0.48967656 |
details, prediction |
Gnosis
GNO
|
-0.48921442 |
details, prediction |
Enjin Coin
ENJ
|
-0.48057836 |
details, prediction |
Digix DAO
DGD
|
-0.47478086 |
details, prediction |
Third tier
|
VIN chain
VIN
|
-0.6517811 |
details, prediction |
Rotharium
RTH
|
-0.6147688 |
details, prediction |
RSK Infrastructure Framework
RIF
|
-0.5565259 |
details, prediction |
Linker Coin
LNC
|
-0.5294891 |
details, prediction |
Bitbook Gambling
BXK
|
-0.52780753 |
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)