APT APT / APT Crypto vs F F / USD Crypto vs APEX APEX / USD Crypto

Correlation How Assets Move Together

Correlation measures how closely two assets' prices move together. A correlation of +1.0 means they move perfectly in sync, 0 means no relationship, and -1.0 means they move in opposite directions. Understanding correlation helps with portfolio diversification and risk management.

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Correlation Summary

APT vs F: 0.000 - Weak/No Correlation
Moved in same direction 0 days (0.0%) • Opposite direction 0 days • 307 data points
APT vs APEX: 0.000 - Weak/No Correlation
Moved in same direction 0 days (0.0%) • Opposite direction 0 days • 341 data points
F vs APEX: 0.060 - Weak/No Correlation
Moved in same direction 191 days (62.4%) • Opposite direction 115 days • 307 data points

Overall Statistics:

Average Correlation: 0.020

Highest Correlation: 0.060

Lowest Correlation: 0.000

Interpreting Correlation Values:
  • +0.8 to +1.0: Very strong positive - assets move together almost in lockstep
  • +0.6 to +0.8: Strong positive - assets often move in the same direction
  • +0.3 to +0.6: Moderate positive - some tendency to move together
  • -0.3 to +0.3: Weak or no correlation - movements are largely independent
  • -0.6 to -0.3: Moderate negative - some tendency to move in opposite directions
  • -1.0 to -0.6: Strong negative - assets frequently move opposite to each other

Note: Correlation measures linear relationships in price movements. Low correlation between assets can be beneficial for diversification, as losses in one asset may be offset by gains in another.

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APT Correlation Chart Daily Correlations

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F Correlation Chart Daily Correlations

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APEX Correlation Chart Daily Correlations

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Learn More

This page focused on correlation between the selected assets. You might also want to check out the overview, comprehensive stats, historical, volatility, and price projection pages.

Data sources

APT: Kraken
F: Bybit
APEX: Bybit
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