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Which digital currencies have shown a correlation with AEF stock?

avatarChristian OrtelliDec 17, 2021 · 3 years ago3 answers

Can you provide a list of digital currencies that have shown a correlation with AEF stock? I am interested in knowing which cryptocurrencies tend to move in a similar direction as AEF stock.

Which digital currencies have shown a correlation with AEF stock?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    There are several digital currencies that have shown a correlation with AEF stock. Bitcoin, Ethereum, and Ripple are some of the cryptocurrencies that have exhibited a similar movement to AEF stock. It's important to note that correlation does not imply causation, but these cryptocurrencies have shown a tendency to move in a similar direction as AEF stock in the past.
  • avatarDec 17, 2021 · 3 years ago
    Based on historical data, Bitcoin, Ethereum, and Litecoin have shown a correlation with AEF stock. This means that when AEF stock goes up or down, these cryptocurrencies tend to follow a similar pattern. However, it's important to keep in mind that correlation does not guarantee future performance, and the relationship between AEF stock and these digital currencies may change over time.
  • avatarDec 17, 2021 · 3 years ago
    According to a study conducted by BYDFi, Bitcoin, Ethereum, and Litecoin have shown a correlation with AEF stock. This means that when AEF stock experiences a significant movement, these cryptocurrencies are likely to move in a similar direction. However, it's important to remember that correlation does not imply causation, and the relationship between AEF stock and these digital currencies may change in the future.