Find correlation between cryptos

[boardkey17]

I made a simple app to calculate the correlation in prices and returns between any pair of cryptocurrencies.

I couldn't find an existing solution for this which works with a wide variety of coins and feel like it could help people determine how correlated the assets in their portfolio are or if they can lower risk by buying more things that aren't that correlated.



www.crypto-correlate.com


I hope it's helpful and let me know any feedback. Thanks!

[cryptoaddictchie]

Hello I've tried it out. Why there is no representation showing when I'm clicking certain coins. I thought it will not work on new coins but when I type in the search bar the bitcoin name its not showing any sort of image I think based on the description of the page that will display any form of information about price correlation. My Internet is not that slow so I'm sure nothing pops up.

Kindly check it. Thanks.

[GreatArkansas]

Hello I've tried it out. Why there is no representation showing when I'm clicking certain coins. I thought it will not work on new coins but when I type in the search bar the bitcoin name its not showing any sort of image I think based on the description of the page that will display any form of information about price correlation. My Internet is not that slow so I'm sure nothing pops up.

Kindly check it. Thanks.

It is showing, there are just some delays after you select some cryptos and time frame, few seconds before the chart appears.

Honestly, this is a good tool for checking correlation, it may find difficult at first on how to understand the chart, especially for some user that has no knowledge at all how to check the chart for correlation.

Overall, good job OP for this simple yet useful web app.

[masterzino]

I test it with some pairs that I'm trading daily and have my observations for price correlation - it's an excellent tool.

Thanks, and good luck with it.

[Baofeng]

Hello I've tried it out. Why there is no representation showing when I'm clicking certain coins. I thought it will not work on new coins but when I type in the search bar the bitcoin name its not showing any sort of image I think based on the description of the page that will display any form of information about price correlation. My Internet is not that slow so I'm sure nothing pops up.

Kindly check it. Thanks.

1. First you have to select what coins you want to pair with, in this case I chose DogeCoin



2. Then I pair it with bitcoin



Then you will see something like this,



@OP, it's better if you will give us the steps, not sure if the steps I laid down is correct. Great tool btw.