ZEC ZEC / USD Crypto vs F F / USD Crypto vs GSWIFT GSWIFT / 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

ZEC vs F: 0.246 - Weak/No Correlation
Moved in same direction 209 days (64.3%) • Opposite direction 116 days • 327 data points
ZEC vs GSWIFT: -0.046 - Weak/No Correlation
Moved in same direction 215 days (65.5%) • Opposite direction 113 days • 330 data points
F vs GSWIFT: 0.113 - Weak/No Correlation
Moved in same direction 192 days (61.0%) • Opposite direction 123 days • 315 data points

Overall Statistics:

Average Correlation: 0.104

Highest Correlation: 0.246

Lowest Correlation: -0.046

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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ZEC Correlation Chart Daily Correlations

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F Correlation Chart Daily Correlations

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GSWIFT 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

ZEC: Coinbase
F: Bybit
GSWIFT: Bybit
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