Crypto Correlation (Correlation on Demand) v3 is here! Suggest features by clicking here.
Discover hidden relationships between cryptocurrencies using advanced correlation analysis. Analyze price movements, identify portfolio diversification opportunities, and make data-driven investment decisions.
Analysis Parameters
Glossary
Key Terms:
- Correlation: A measure (-1 to 1) showing how closely two cryptocurrencies' price movements match. 1 means perfect match, -1 means opposite movement.
- Market Cap: Total value of a cryptocurrency, calculated by multiplying current price by circulating supply.
- Evolution: Percentage change in price between the start and end dates selected.
Correlation Interpretation:
- +1.0: Perfect positive correlation (assets move together)
- 0.0: No correlation (assets move independently)
- -1.0: Perfect negative correlation (assets move opposite)
- ±0.8+: Very strong correlation
- ±0.6-0.8: Strong correlation
- ±0.4-0.6: Moderate correlation
- ±0.2-0.4: Weak correlation