AVAX AVAX / ACM Crypto vs F F / ACM Crypto vs EPT EPT / ACM 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.

Generating...

Settings

Correlation Summary

AVAX vs F: 0.225 - Weak/No Correlation
Moved in same direction 195 days (63.5%) • Opposite direction 112 days • 307 data points
AVAX vs EPT: 0.313 - Moderate Positive
Moved in same direction 59 days (63.4%) • Opposite direction 34 days • 93 data points
F vs EPT: 0.212 - Weak/No Correlation
Moved in same direction 62 days (66.7%) • Opposite direction 31 days • 93 data points

Overall Statistics:

Average Correlation: 0.250

Highest Correlation: 0.313

Lowest Correlation: 0.212

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.

Calculating... Calculating... Calculating...

AVAX Correlation Chart Daily Correlations

Generating chart description...

F Correlation Chart Daily Correlations

Generating chart description...

EPT Correlation Chart Daily Correlations

Generating chart description...

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

AVAX: Kraken
F: Bybit
EPT: Kraken
ByBit Futures Trading Trade hundreds of crypto perpetual futures