Latest from the Quantamize Blog

Ever wonder what the average pairwise correlation is for the Top 25 cryptocurrencies? We decided to find out

Oct 04, 2018


  • We took the top 25 cryptocurrencies on and created our own average price time series based on data from the over 100 different cryptocurrency exchanges that power our crypto database
  • All cryptocurrencies are in USD$ Pairs; non-USD$ pairs are converted at an individual exchange level
  • While we would expect correlations to be high, it is very interesting to see that average correlations are not structurally at incredibly high levels
  • Look for our next post where we look at average pairwise correlations for Utility tokens ahead of the launch of our new Cryptfolios

     Source: Stockdio