APT APT / PYTH Crypto vs F F / PYTH Crypto vs COQ COQ / PYTH 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: 0.314 - Moderate Positive
Moved in same direction 193 days (62.9%) • Opposite direction 114 days • 307 data points
APT vs COQ: 0.632 - Strong Positive
Moved in same direction 52 days (55.3%) • Opposite direction 42 days • 94 data points
F vs COQ: 0.278 - Weak/No Correlation
Moved in same direction 54 days (57.4%) • Opposite direction 40 days • 94 data points

Overall Statistics:

Average Correlation: 0.408

Highest Correlation: 0.632

Lowest Correlation: 0.278

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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COQ 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
COQ: Kraken
ByBit Futures Trading Trade hundreds of crypto perpetual futures