Correlations
Correlations between Cryptocoins
Correlation coefficient is calculated as average from correlations between different factors (transactions count, block size, number of tweets...) for the last 3 month. Correlation doesn't always mean causation..
| Bitcoin | Ethereum | Ripple | Bitcoin Cash | Litecoin | Monero | Dash | Ethereum Classic | Bitcoin Gold | Zcash | Dogecoin | Reddcoin | Vertcoin | Peercoin | Feathercoin | Namecoin | Blackcoin | Auroracoin | Novacoin |
---|
Bitcoin | 1 | 0.708 | 0.763 | 0.535 | 0.527 | 0.386 | 0.352 | 0.405 | 0.236 | 0.493 | 0.409 | 0.481 | 0.48 | 0.357 | 0.426 | 0.396 | 0.455 | 0.229 | 0.444 |
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Ethereum | 0.708 | 1 | 0.84 | 0.531 | 0.568 | 0.505 | 0.537 | 0.44 | 0.3 | 0.596 | 0.411 | 0.54 | 0.666 | 0.468 | 0.399 | 0.461 | 0.464 | 0.257 | 0.484 |
---|
Ripple | 0.763 | 0.84 | 1 | 0.737 | 0.719 | 0.712 | 0.764 | 0.589 | 0.584 | 0.7 | 0.681 | 0.73 | 0.822 | 0.868 | 0.434 | 0.672 | 0.675 | 0.518 | 0.767 |
---|
Bitcoin Cash | 0.535 | 0.531 | 0.737 | 1 | 0.397 | 0.393 | 0.402 | 0.299 | 0.329 | 0.407 | 0.37 | 0.307 | 0.357 | 0.44 | 0.304 | 0.349 | 0.319 | 0.279 | 0.313 |
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Litecoin | 0.527 | 0.568 | 0.719 | 0.397 | 1 | 0.284 | 0.318 | 0.418 | 0.161 | 0.447 | 0.433 | 0.382 | 0.648 | 0.297 | 0.341 | 0.415 | 0.355 | 0.164 | 0.464 |
---|
Monero | 0.386 | 0.505 | 0.712 | 0.393 | 0.284 | 1 | 0.552 | 0.4 | 0.462 | 0.392 | 0.326 | 0.432 | 0.41 | 0.378 | 0.276 | 0.287 | 0.355 | 0.448 | 0.255 |
---|
Dash | 0.352 | 0.537 | 0.764 | 0.402 | 0.318 | 0.552 | 1 | 0.302 | 0.313 | 0.355 | 0.163 | 0.259 | 0.393 | 0.39 | 0.109 | 0.233 | 0.252 | 0.318 | 0.254 |
---|
Ethereum Classic | 0.405 | 0.44 | 0.589 | 0.299 | 0.418 | 0.4 | 0.302 | 1 | 0.305 | 0.486 | 0.435 | 0.409 | 0.563 | 0.229 | 0.332 | 0.327 | 0.268 | 0.36 | 0.304 |
---|
Bitcoin Gold | 0.236 | 0.3 | 0.584 | 0.329 | 0.161 | 0.462 | 0.313 | 0.305 | 1 | 0.337 | 0.202 | 0.344 | 0.227 | 0.222 | 0.185 | 0.243 | 0.219 | 0.282 | 0.124 |
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Zcash | 0.493 | 0.596 | 0.7 | 0.407 | 0.447 | 0.392 | 0.355 | 0.486 | 0.337 | 1 | 0.408 | 0.482 | 0.521 | 0.262 | 0.387 | 0.49 | 0.36 | 0.363 | 0.382 |
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Dogecoin | 0.409 | 0.411 | 0.681 | 0.37 | 0.433 | 0.326 | 0.163 | 0.435 | 0.202 | 0.408 | 1 | 0.36 | 0.421 | 0.27 | 0.296 | 0.367 | 0.328 | 0.24 | 0.333 |
---|
Reddcoin | 0.481 | 0.54 | 0.73 | 0.307 | 0.382 | 0.432 | 0.259 | 0.409 | 0.344 | 0.482 | 0.36 | 1 | 0.455 | 0.198 | 0.379 | 0.366 | 0.437 | 0.221 | 0.297 |
---|
Vertcoin | 0.48 | 0.666 | 0.822 | 0.357 | 0.648 | 0.41 | 0.393 | 0.563 | 0.227 | 0.521 | 0.421 | 0.455 | 1 | 0.378 | 0.353 | 0.44 | 0.376 | 0.177 | 0.468 |
---|
Peercoin | 0.357 | 0.468 | 0.868 | 0.44 | 0.297 | 0.378 | 0.39 | 0.229 | 0.222 | 0.262 | 0.27 | 0.198 | 0.378 | 1 | 0.146 | 0.317 | 0.27 | 0.091 | 0.369 |
---|
Feathercoin | 0.426 | 0.399 | 0.434 | 0.304 | 0.341 | 0.276 | 0.109 | 0.332 | 0.185 | 0.387 | 0.296 | 0.379 | 0.353 | 0.146 | 1 | 0.309 | 0.339 | 0.091 | 0.339 |
---|
Namecoin | 0.396 | 0.461 | 0.672 | 0.349 | 0.415 | 0.287 | 0.233 | 0.327 | 0.243 | 0.49 | 0.367 | 0.366 | 0.44 | 0.317 | 0.309 | 1 | 0.278 | 0.229 | 0.399 |
---|
Blackcoin | 0.455 | 0.464 | 0.675 | 0.319 | 0.355 | 0.355 | 0.252 | 0.268 | 0.219 | 0.36 | 0.328 | 0.437 | 0.376 | 0.27 | 0.339 | 0.278 | 1 | 0.207 | 0.332 |
---|
Auroracoin | 0.229 | 0.257 | 0.518 | 0.279 | 0.164 | 0.448 | 0.318 | 0.36 | 0.282 | 0.363 | 0.24 | 0.221 | 0.177 | 0.091 | 0.091 | 0.229 | 0.207 | 1 | 0.089 |
---|
Novacoin | 0.444 | 0.484 | 0.767 | 0.313 | 0.464 | 0.255 | 0.254 | 0.304 | 0.124 | 0.382 | 0.333 | 0.297 | 0.468 | 0.369 | 0.339 | 0.399 | 0.332 | 0.089 | 1 |
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Correlations between price and different factors
for the last 3 month
| Bitcoin | Ethereum | Ripple | Bitcoin Cash | Litecoin | Monero | Dash | Ethereum Classic | Bitcoin Gold | Zcash | Dogecoin | Reddcoin | Vertcoin | Peercoin | Feathercoin | Namecoin | Blackcoin | Auroracoin | Novacoin |
---|
Transactions | 0.265 | 0.753 | 0.309 | 0.251 | 0.557 | 0.348 | -0.029 | 0.625 | 0.161 | 0.807 | 0.271 | 0.506 | 0.787 | 0.718 | 0.008 | 0.595 | 0.609 | 0.126 | 0.092 |
---|
Block Size | 0.663 | 0.689 | | 0.286 | 0.471 | 0.075 | 0.224 | 0.41 | -0.29 | 0.276 | 0.285 | 0.335 | 0.745 | 0.522 | 0.329 | 0.458 | 0.642 | 0.17 | 0.149 |
---|
Sent from addresses | 0.281 | 0.644 | | 0.51 | 0.438 | | 0.074 | 0.442 | 0.778 | | 0.244 | 0.522 | 0.799 | 0.758 | 0.028 | 0.626 | 0.649 | 0.058 | 0.372 |
---|
Difficulty | -0.526 | -0.788 | | 0.321 | -0.57 | 0.131 | 0.676 | -0.036 | 0.579 | -0.433 | -0.45 | -0.456 | -0.341 | 0.752 | 0.325 | -0.828 | -0.552 | 0.416 | -0.748 |
---|
Hashrate | -0.473 | -0.766 | | 0.284 | -0.563 | 0.207 | 0.676 | 0.382 | 0.447 | -0.431 | -0.451 | -0.427 | -0.299 | 0.581 | 0.362 | -0.405 | -0.559 | 0.341 | -0.692 |
---|
Mining Profitability | 0.843 | 0.976 | | 0.852 | 0.879 | 0.499 | 0.964 | 0.707 | 0.949 | 0.946 | 0.901 | 0.752 | 0.868 | 0.289 | 0.203 | 0.963 | 0.975 | 0.674 | 0.778 |
---|
Sent in USD | 0.487 | 0.787 | | 0.288 | 0.404 | | 0.564 | 0.695 | -0.105 | 0.454 | 0.447 | 0.77 | 0.713 | 0.162 | 0.255 | 0.115 | 0.741 | -0.005 | 0.032 |
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Avg. Transaction Fee | 0.472 | 0.938 | 0.867 | 0.8 | 0.883 | 0.6 | 0.842 | 0.33 | 0.311 | 0.132 | 0.942 | 0.593 | 0.907 | 0.981 | 0.678 | 0.318 | 0.244 | 0.226 | 0.352 |
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Median Transaction Fee | 0.393 | 0.898 | | 0.726 | 0.563 | | 0.662 | 1 | 0.061 | | 1 | 0.04 | 0.871 | 1 | 0.702 | 0.253 | 0.014 | | 1 |
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Block Time | -0.027 | 0.277 | | 0.058 | 0.047 | -0.182 | -0.016 | -0.615 | 0.098 | -0.054 | -0.132 | -0.113 | -0.05 | -0.052 | 0.002 | -0.433 | 0.099 | 0.226 | 0.119 |
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Market Capitalization | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0.999 | 1 | 0.994 | 1 | 1 | 1 | 1 | 0.999 | 1 | 1 | 1 | 0.999 |
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Avg. Transaction Value | 0.451 | 0.804 | | 0.147 | 0.145 | | 0.585 | 0.741 | -0.143 | 0.285 | 0.374 | 0.801 | 0.574 | 0.097 | 0.263 | -0.019 | 0.753 | -0.003 | 0.006 |
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Median Transaction Value | 0.49 | 0.645 | | 0.669 | 0.573 | | 0.692 | 0.668 | 0.263 | 0.233 | 0.524 | 0.102 | 0.975 | 0.433 | 0.698 | -0.063 | 0.274 | 0.722 | -0.05 |
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Tweets | | | | | | | | | | | | | | | | | | | |
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Active Addresses | 0.556 | 0.747 | | 0.287 | 0.48 | | 0.118 | 0.603 | -0.226 | | 0.259 | 0.387 | 0.774 | 0.708 | 0.028 | 0.66 | 0.571 | 0.068 | 0.178 |
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Top100ToTotal | -0.47 | | | -0.679 | -0.068 | | 0.578 | | -0.838 | | -0.186 | -0.634 | 0.716 | -0.086 | 0.138 | 0.162 | -0.646 | -0.773 | 0.64 |
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2018-04-25 04:44:16 UTC