Polygon
Largo

VARAUSD and MATIC - Further Comments on Correlation

254
As you can see whenever MATIC and VARA prices decended following that last pump the initial difference in price drop from the local high to local low was VARA 12% loss in price and MATIC 10% in price roughly.

This morning VARA pumped and has now normalized it's correlation with MATIC having now just under a 10% drop in price on average from the local high to current price.

On an average day correlated assets move together and stay within a small percentage point of the same price point.

I am not a financial advisor, be careful my friends.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.