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Correlation

A statistical measure of how two assets move in relation to each other, ranging from -1 (perfect inverse movement) to +1 (perfect co-movement). In crypto, correlations help with portfolio diversification, pair trading, and risk management.

Definition

A statistical measure of how two assets move in relation to each other, ranging from -1 (perfect inverse movement) to +1 (perfect co-movement). In crypto, correlations help with portfolio diversification, pair trading, and risk management.

Live Data Example </> API
# Correlation live data
$ curl command:
curl https://algotick.dev/v1/signals/correlation?coin=BTC
Endpoint: /v1/signals/correlation?coin=BTC
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Current Correlation data from the Algo Tick API:

{
  "data_points": 61,
  "matrix": {
    "BTC": {
      "BTC": 1,
      "ETH": 0.8378,
      "HYPE": 0.3632,
      "SOL": 0.8705
    },
    "ETH": {
      "BTC": 0.8378,
      "ETH": 1,
      "HYPE": 0.4394,
      "SOL": 0.8746
    },
    "HYPE": {
      "BTC": 0.3632,
      "ETH": 0.4394,
      "HYPE": 1,
      "SOL": 0.5183
    },
    "SOL": {
      "BTC": 0.8705,
      "ETH": 0.8746,
      "HYPE": 0.5183,
      "SOL": 1
    }
  },
  "pairs": [
    {
      "correlation": 0.8378,
      "pair": ...
# Fetch this yourself:
curl https://algotick.dev/v1/signals/correlation?coin=BTC

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