DeepGyre/Bitcoin correlation

Bitcoin correlation

Which coins move with Bitcoin, which move against it, and how strongly.

What you see

How to read it

Figures are computed on daily log returns over a stated window; a coin without enough history shows its reason, never an empty chart.

What it does not show

Figures are computed on daily log returns over the stated window. A different window gives a different answer — that is the nature of the statistic, not a bug.

Correlation and beta describe past co-movement. In a regime change they are the first numbers to go stale, which no window can fully hide.

A coin without enough daily history does not print a figure at all — it prints its reason, so an empty cell is never read as uncorrelated.

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Frequently asked

What does a correlation of 0.9 mean?

The coin's daily returns move very closely with Bitcoin's over the window.

What is beta?

The average size of the coin's move for a 1% move in Bitcoin.

Does correlation stay stable?

No — it changes with market regime, which is why the window is stated.

Why do correlations differ between windows?

They are window statistics. The board prints the window each figure covers — pick the horizon you actually trade, not the one that looks best.

Can I correlate a coin against something other than Bitcoin?

The board is built against Bitcoin as the market's reference asset; the matrix compares the listed coins with each other on the same window.

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Descriptive, not advice. Every score, band and verdict on this platform is an automated heuristic over public chain data and can be wrong in both directions.
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