Correlation Matrix
Evaluate how asset prices move together to build more resilient portfolios and identify diversification opportunities
What is Correlation?
Correlation measures how two cryptocurrencies move relative to each other over time, this helps you understand risk and build a diversified portfolio • Based on 7-day price returns
Correlated. Assets move together. Higher values mean less diversification benefit.
Low/No correlation. Movements are independent. Good for diversification.
Negative correlations are rare in crypto. Most assets move together, which is why true diversification matters.
Calculating correlations...
Correlation coefficients are calculated from daily close prices sourced from CoinGecko. A 7-day window is used. Short windows can produce misleading results during low-volatility or thin-volume periods. Past correlation is not indicative of future co-movement. This data is for informational purposes only and does not constitute financial or investment advice.