Market
IntelliCorrelation
Pairwise correlation of any set of coins, so you can spot hidden overlap or decoupling.
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About IntelliCorrelation
Holding five coins that all move with Bitcoin isn't diversification — it's one trade in five names. IntelliCorrelation builds a heatmap of how a set of coins' returns move together over your chosen window and timeframe: green where they rise and fall in step, red where they move opposite, pale where they're unrelated. It's the fastest way to spot concentration you didn't realise you had, or a coin quietly decoupling from the pack — which often comes before it makes its own move. Computed from candles in your browser.
How to use
- List the coins to compare (comma-separated)
- Pick a timeframe and window
- Build the matrix and read the heatmap — green = move together, red = opposite
- Look for clusters (hidden overlap) or a coin decoupling from the rest
FAQ
What exactly is measured?
The Pearson correlation of each pair's log returns over the window, on the timeframe you choose. 1.00 means they moved in lockstep, 0 means no linear relationship, and negative means they moved opposite. The diagonal is always 1.00 (a coin with itself).
Why does it matter for a portfolio?
If everything you hold is highly correlated, your risk is concentrated — a single move hits all of it at once. Low or negative correlations are what actually spread risk. The heatmap shows that overlap at a glance.
Does correlation stay fixed?
No. It drifts with the market and tends to spike toward 1 in sharp sell-offs, when almost everything follows Bitcoin down. Treat the matrix as a current snapshot over your window, not a permanent property.
Is my data uploaded?
No. Candles are fetched from the exchange and the whole calculation runs in your browser.