Analysis Correlation
Correlation Matrix
30days Historical
Token Pairs
Correlation Methodology
Positively correlated variables tend to move together, negatively correlated variables move inversely, and uncorrelated variables move independently.
Pearson Correlation Coefficient
Quantifies the linear association strength from +1 (perfect positive) to -1 (perfect negative), where 0 indicates no linear correlation.
Values
Positive: Positive: Direct relationship between variables.
Negative: Negative: Inverse relationship between variables.
Zero: Zero: No linear relationship.
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