Which cryptocurrencies are most closely correlated with Eli Lilly and Co stock?

3 answers

• Nov 25, 2021 · 3 years ago
  As an expert in the field of cryptocurrency, I can tell you that Bitcoin and Ethereum are two of the most closely correlated digital currencies with Eli Lilly and Co stock. These cryptocurrencies often experience similar price movements as the stock of this pharmaceutical giant. However, it's important to note that correlation does not imply causation, and the relationship between these assets can change over time.
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• Nov 25, 2021 · 3 years ago
  When it comes to cryptocurrencies that are closely correlated with Eli Lilly and Co stock, Bitcoin and Ethereum are the top contenders. These two digital currencies have shown a strong correlation with the stock price of this pharmaceutical company in the past. It's worth keeping an eye on these cryptocurrencies if you're interested in tracking the performance of Eli Lilly and Co.
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• Nov 25, 2021 · 3 years ago
  According to a recent analysis, Bitcoin and Ethereum have been found to have a high correlation with the stock of Eli Lilly and Co. This means that when the stock price of Eli Lilly and Co goes up or down, there is a good chance that the prices of Bitcoin and Ethereum will also move in a similar direction. It's important to consider this correlation when making investment decisions involving these digital currencies.
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