Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Ethereum Classic
ETC
|
0.8797211 |
details, prediction |
ZCash
ZEC
|
0.8784213 |
details, prediction |
Cardano
ADA
|
0.87432754 |
details, prediction |
Monero
XMR
|
0.8732246 |
details, prediction |
Bitcoin
BTC
|
0.8452469 |
details, prediction |
|
Second tier
|
Bitcoin Gold
BTG
|
0.9387219 |
details, prediction |
EOS
EOS
|
0.93606776 |
details, prediction |
Status
SNT
|
0.9263601 |
details, prediction |
Telcoin
TEL
|
0.9096858 |
details, prediction |
Synthetix Network Token
SNX
|
0.9073814 |
details, prediction |
|
Third tier
|
Kleros
PNK
|
0.9602791 |
details, prediction |
PIVX
PIVX
|
0.9250091 |
details, prediction |
Internet of Services
IOST
|
0.9238174 |
details, prediction |
SysCoin
SYS
|
0.9145833 |
details, prediction |
ARK
ARK
|
0.9107695 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that QuarkChain 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 QuarkChain
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
TRON
TRX
|
-0.6270012 |
details, prediction |
UNUS SED LEO
LEO
|
0.30105597 |
details, prediction |
Binance Coin
BNB
|
0.6779597 |
details, prediction |
ChainLink
LINK
|
0.7187928 |
details, prediction |
Dogecoin
DOGE
|
0.7404755 |
details, prediction |
|
Second tier
|
Dai
DAI
|
-0.2981947 |
details, prediction |
Decred
DCR
|
-0.24127384 |
details, prediction |
Nexo
NEXO
|
0.27820453 |
details, prediction |
True USD
TUSD
|
0.3015432 |
details, prediction |
Verge
XVG
|
0.44000313 |
details, prediction |
|
Third tier
|
Ontology
ONT
|
-0.2099262 |
details, prediction |
Dent
DENT
|
-0.14724427 |
details, prediction |
Propy
PRO
|
0.040387437 |
details, prediction |
OPEN Platform
OPEN
|
0.118725985 |
details, prediction |
NKN
NKN
|
0.12230828 |
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)