Analysis of association between LEO and HIVE price by iniobong3emm

hive-167922 · @iniobong3emm · Oct 14 '22

$8.54

Analysis of association between LEO and HIVE price

Analysis of crypto price against another specifies if there is a form of association between the actual price of Leo and HIVE.

There are three levels of association namely;

Positive association
Negative association
Zero association

An association between crypto price is said to be positive when the price of one crypto asset is in a bull the other will likely experience same to. When the price of one crypto is in a bear, the other will most like to experience a bear market also.

An association is said to be negative when the price of one crypto experiences a bull, the other will experience a bear market and vice versa.

Zero association indicates no relationship between both crypto assets.
An association between crypto assets could be either strong or weak.

## Association between LEO and HIVE
The image below shows the coefficient of correlation (association) between Leo and HIVE is 0.668.

![correlation.JPG](https://images.hive.blog/DQmabXiJETskuKnJSt58dhiGrfC25H6vrHkUC8Zyj7Yc3h2/correlation.JPG)

The range of correlation coefficient is as shown below.

![axis.JPG](https://images.hive.blog/DQmdefaWHruH8UamHdrF2LNwAygagzPjR5YHXT2qXm3jcDE/axis.JPG)

The closer the coefficient is to zero axes the weaker the level of association. The closer it is to a whole number the stronger the level of association.

It can be drawn in conclusion that the association between LEO and HIVE is positive and strong.

## Scatter dot
The scatter dot diagram shows that the diagonal line can be used to predict the LEO when that of HIVE is known.

![scatterdot.JPG](https://images.hive.blog/DQmb9Pd3DULXZDJWR9c1mfcbXjq3x7BY3AU51LUvJNwSM7K/scatterdot.JPG)

## Maximum And Minimum Price of both assets including their mean

![maxmin.JPG](https://images.hive.blog/DQmNzSa8AcdnwrdwSLWjn2yx9ynknuPogCywHa2YC6h6zwr/maxmin.JPG)

## Data view mode

![data.JPG](https://images.hive.blog/DQmY3ZANsFntM1onYqSFuCkDNJyfKF6x6Vv4r79J1cNn6QU/data.JPG)

## Variable view mode

![variable.JPG](https://images.hive.blog/DQme7syWRZkBi9TaQgZQ2RpvUEW5FsupWERP8NPMDv7yYcL/variable.JPG)

👍 leo.voter, wrestorgonline, behiver, brotherhood, bartosz546, mamalikh13, achimmertens, bitrocker2020, steemaction, bnb-hive, borjan, beta500, dlike, traderhive, communitybank, ukulima, atheistrepublic, citizendog, onealfa, raiseup, onwugbenuvictor, robvector, technologix, megavest, roleerob, tokensink, ew-and-patterns, simba, p-hive, roguewriter, fantasycrypto, kevinwong, mammasitta, leofinance, genepoolcardlord, trisolaran, uwelang, sam99, marivic10, superuser3, swirly, solox, starfighter, bhdc, khaleelkazi, netzisde, battebilly, botefarm, vintherinvest, filosof103, rent-an-ape, ataliba, fatman, jigstrike, nkemakonam89, iumac03, kork75, tomatom, tomlee, mcoinz79, cool08, rencongland, dashfit, realblockchain, and 198 others

`author`	iniobong3emm
`permlink`	analysis-of-association-between-leo-and-hive-price
`category`	hive-167922
`json_metadata`	{"tags":["hive-167922","leo","hive","leofinance","cent","indiaunited","neoxian","pob"],"image":["https://images.hive.blog/DQmabXiJETskuKnJSt58dhiGrfC25H6vrHkUC8Zyj7Yc3h2/correlation.JPG","https://images.hive.blog/DQmdefaWHruH8UamHdrF2LNwAygagzPjR5YHXT2qXm3jcDE/axis.JPG","https://images.hive.blog/DQmb9Pd3DULXZDJWR9c1mfcbXjq3x7BY3AU51LUvJNwSM7K/scatterdot.JPG","https://images.hive.blog/DQmNzSa8AcdnwrdwSLWjn2yx9ynknuPogCywHa2YC6h6zwr/maxmin.JPG","https://images.hive.blog/DQmY3ZANsFntM1onYqSFuCkDNJyfKF6x6Vv4r79J1cNn6QU/data.JPG","https://images.hive.blog/DQme7syWRZkBi9TaQgZQ2RpvUEW5FsupWERP8NPMDv7yYcL/variable.JPG"],"app":"hiveblog/0.1","format":"markdown"}
`created`	2022-10-14 02:14:18
`last_update`	2022-10-14 02:14:18
`depth`	0
`children`	0
`last_payout`	2022-10-21 02:14:18
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	4.302 HBD
`curator_payout_value`	4.239 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	2,064
`author_reputation`	33,970,703,640,107
`root_title`	"Analysis of association between LEO and HIVE price"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	117,453,365
`net_rshares`	13,885,443,074,951
`author_curate_reward`	""

properties (23)vote details (262)

voter	rshares	pct
simba	31,540,349,714	32.5%
onealfa	55,904,603,503	6.66%
kevinwong	25,328,680,796	3.5%
mammasitta	22,990,110,692	6.5%
marsresident	662,494,861	32.5%
nascimentoab	1,750,756,587	32.5%
joshglen	4,071,336,245	32.5%
psygambler	5,283,059,923	32.5%
randomblock1	4,959,547,854	65%
sc-steemit	1,125,182,957	32.5%
uwelang	18,757,437,382	5.6%
roguewriter	28,926,155,227	32.5%
dashfit	6,780,091,556	32.5%
hoboway	766,672,150	32.5%
daj	608,089,499	32.5%
ihsan19	678,131,910	65%
yuslindwi	921,866,303	32.5%
sixexgames	3,714,182,039	32.5%
more4less	2,641,814,716	65%
frankydoodle	4,255,749,194	32.5%
ninyea	1,710,922,080	65%
mrstaf	1,296,849,449	32.5%
bitrocker2020	84,394,447,901	7%
christianolu	955,078,514	90%
slefesteem	627,311,094	32.5%
friesennerz	1,585,659,928	32.5%
sam99	13,958,646,736	21%
amimohan	4,720,973,756	100%
ew-and-patterns	32,686,760,260	10%
joeyarnoldvn	492,572,950	1.47%
zacherybinx	5,631,057,924	32.5%
makrotheblack	2,709,099,997	32.5%
mcoinz79	6,985,091,329	100%
blackmagic	2,355,637,490	65%
dante31	472,484,178	7%
urchice	717,782,656	32.5%
fatherfaith	1,012,978,405	32.5%
colmedwardsphoto	3,414,200,580	65%
mamalikh13	93,422,057,972	32.5%
thauerbyi	2,129,244,899	12.6%
jeanlucsr	1,564,688,161	2.8%
pearlumie	969,187,407	32.5%
tezzmax	1,023,277,992	32.5%
tochprince	1,097,237,949	32.5%
roleerob	39,664,747,930	7%
fatman	8,316,934,424	2%
gnarlyanimations	555,981,517	32.5%
tolarnee	733,577,973	32.5%
bcrafts	1,413,183,103	13%
saifulanwar	568,807,204	32.5%
khaleelkazi	11,666,710,810	14%
silasvogt	596,944,236	32.5%
bartosz546	102,339,019,344	32.5%
dreamm	1,864,301,225	32.5%
battebilly	10,117,737,947	32.5%
airhawk-project	1,653,718,917	65%
odebgaming	784,998,642	65%
kdee916	4,318,779,811	32.5%
senorcoconut	1,439,908,807	3.5%
kerry234	543,819,762	65%
vintherinvest	9,598,071,745	7%
fredkese	2,950,048,264	20%
marvel1206	759,921,329	32.5%
tboyloyal	833,006,345	32.5%
hrhmikelength	847,108,513	32.5%
berkaytekinsen	1,361,019,624	65%
motivatorjoshua	1,293,656,512	65%
steeminer4up	519,969,675	32.5%
mhm-philippines	663,478,692	32.5%
xanderslee	4,485,388,604	65%
joannewong	550,557,738	7%
enjoyy	654,497,208	32.5%
funshel	619,874,126	32.5%
vempromundo	963,972,831	7%
tomatom	7,647,637,982	32.5%
akumar	1,605,029,619	65%
brotherhood	299,194,182,385	32.5%
azmielbanjary	2,310,074,674	32.5%
benie111	4,046,669,601	26%
sholly1	4,127,017,904	26%
eprolific	4,834,600,060	65%
irisworld	2,109,792,622	32.5%
communitybank	66,854,082,654	65%
osarueseosato	2,401,508,946	65%
jigstrike	8,215,227,576	32.5%
leslierevales	3,821,696,064	32.5%
airhawk-exchange	1,414,557,074	65%
purefood	1,289,901,681	14%
mrxplicit	955,337,393	65%
k-banti	1,924,005,443	32.5%
cheesom	707,029,654	32.5%
cool08	6,946,886,590	32.5%
fantasycrypto	26,461,960,141	32.5%
oredebby	1,545,412,191	32.5%
dimsyto	4,689,793,826	65%
photohunter2	690,405,174	32.5%
preciousimo	1,170,603,167	65%
sportsconnect	1,413,454,139	65%
technologix	42,197,357,311	65%
organduo	4,941,284,097	14%
sodrill	620,070,209	52%
atjehsteemit	574,306,260	32.5%
jguzman394	1,473,258,939	39%
sunshinebear	1,064,072,125	32.5%
botefarm	9,913,178,031	70%
carloniere	627,822,582	65%
laviniatherapist	2,694,015,019	55.25%
obsesija	3,849,906,292	7%
bookoons	494,245,861	32.5%
achimmertens	86,207,557,837	32.5%
jacksondavies	1,628,146,553	32.5%
break-out-trader	5,397,372,034	14%
realblockchain	5,816,846,921	20%
ashley4u	1,881,215,434	32.5%
thomaskatan	1,192,470,111	45.5%
netzisde	11,160,341,548	32.5%
rachelleignacio	1,150,644,579	32.5%
trisolaran	18,787,904,782	32.5%
steemxp	847,962,774	7%
dawizy	1,025,771,294	52%
hardaeborla	3,672,526,076	32.5%
citizendog	57,155,900,204	65%
ihal0001	759,364,466	32.5%
femseen	980,752,073	70%
steemian258	3,987,446,762	32.5%
mayorfaruk	1,851,597,930	19.5%
fabrik	2,260,351,805	65%
gallerani	815,988,793	14%
juanhobos	512,831,987	32.5%
montanacellist	2,651,805,660	32.5%
ezunjoshy	955,270,348	32.5%
yestermorrow	3,825,895,237	9.75%
marivic10	13,527,037,463	32.5%
ireenchew	5,568,179,277	9.79%
cynicalcake	854,604,241	32.5%
raiseup	48,293,604,324	14%
riottales	795,182,674	32.5%
dlike	68,335,693,112	14%
ataliba	8,578,788,822	40%
steemaction	77,979,302,611	14%
jenniferjulius	1,470,158,920	32.5%
angoujkalis	860,561,955	32.5%
predict-crypto	2,337,033,659	1.3%
edward-abu	529,663,355	65%
topworlds	1,703,711,134	58.5%
ennydee	506,763,942	32.5%
starbooks	2,099,696,990	32.5%
solox	11,961,692,351	65%
martinstomisin	2,008,602,863	32.5%
kork75	7,659,812,798	32.5%
fire451	1,288,613,152	65%
starfighter	11,779,131,287	65%
anonsteve	5,459,035,535	14%
flyingbolt	994,480,948	14%
apokruphos	3,554,037,715	1%
ava77	396,060,350	22.75%
parth7878	1,184,630,972	32.5%
filosof103	8,927,950,511	32.5%
hungryanu	1,289,527,610	19.5%
zackarie	698,113,685	32.5%
swirly	12,154,978,269	32.5%
megavest	41,124,128,245	14%
borjan	70,034,447,941	4.6%
digitalmack	855,781,403	32.5%
shauner	2,280,293,352	7%
travelwritemoney	5,686,639,566	14%
psyo	3,781,667,863	32.5%
tomlee	7,408,056,707	32.5%
leo.voter	10,263,715,210,993	14%
leo.curator	501,409,750	11.2%
hyborian-strain	757,931,806	9.75%
babytarazkp	3,450,926,185	40%
asteroids	1,044,156,171	14%
tokensink	34,906,560,267	65%
beta500	69,326,205,626	65%
coinlogic.online	2,051,405,617	7%
chloem	2,130,922,266	14%
atheistrepublic	66,173,618,787	32.5%
hjmarseille	1,860,489,192	45.5%
onestop	2,773,031,064	7%
im-ridd	694,559,352	32.5%
disagio.gang	542,524,908	32.5%
ukulima	66,586,711,785	5%
leofinance	22,009,273,563	14%
spiritking	808,125,486	100%
x9ed1732b	2,896,659,561	6.3%
peterpanpan	5,270,116,352	6.5%
behiver	336,283,539,616	100%
zuly63	709,720,053	11.2%
abkevwe	639,105,800	32.5%
hive-id	521,025,896	32.5%
beehivetrader	558,060,106	7%
jsalvage	1,062,582,659	32.5%
filosbonus1	438,116,221	32.5%
ilovegames	4,324,105,638	13%
tajimkhan	1,564,963,171	32.5%
wrapped-leo	2,459,510,139	14%
casilokodesing	753,209,628	32.5%
reonarudo	752,114,617	7%
ibkdagreat	4,123,734,974	70%
leo.tokens	1,204,401,645	14%
lancergrows	495,787,316	32.5%
vonzeppelin	1,143,877,419	32.5%
rondonshneezy	926,959,004	7%
shamzy	1,584,538,100	32.5%
traderhive	68,010,736,215	65%
elgatoshawua	2,853,931,083	7%
din0baba	718,596,032	32.5%
robvector	43,686,455,420	32.5%
b-leo	2,660,736,914	14%
eythorphoto	908,406,632	32.5%
maxelitereturned	1,611,293,783	32.5%
zarnoex	512,708,011	32.5%
counterterrorism	1,649,814,949	32.5%
chuxter	1,178,187,644	32.5%
brume7	1,167,645,749	7%
xaviduran	1,265,721,324	32.5%
steentijd	3,309,790,451	7%
bella76	494,900,893	7%
germangenius	706,570,862	32.5%
kalivankush	946,670,721	32.5%
blackman15	521,638,798	32.5%
onwugbenuvictor	46,046,181,253	100%
rencongland	6,884,668,803	32.5%
kushyzee	597,574,121	7%
suteru	1,767,009,523	32.5%
poggersdude	1,090,477,006	32.5%
senseisar	862,663,421	32.5%
nkemakonam89	7,776,152,299	32.5%
kayntan	2,119,146,866	32.5%
simsahas	4,624,064,760	32.5%
iumac03	7,667,732,665	32.5%
jsynnthagr8	700,637,252	32.5%
saboin.leo	694,279,982	18%
hoffmeister84	1,551,938,097	32.5%
jkeen33	4,909,573,654	48.75%
ak08	2,989,098,789	65%
theindiankid	505,097,622	32.5%
luckbound	602,981,737	32.5%
netvalar	4,083,627,042	50%
wrestorgonline	695,362,026,263	5%
sam9999	687,585,678	32.5%
grabapack	2,854,633,988	7%
perinator	1,176,263,675	32.5%
p-leo	2,293,378,181	14%
khaltok	1,168,052,928	14%
bhdc	11,671,220,515	32.5%
plicc8	844,091,855	11.2%
doctyppierre	722,337,086	32.5%
chechostreet	1,407,645,471	32.5%
fasacity	2,004,232,636	39%
adaezeinchrist	3,455,283,847	65%
genepoolcardlord	19,012,127,347	32.5%
cindynancy	592,860,950	32.5%
p-hive	30,929,566,934	14%
owdgibber	4,289,227,610	100%
era131	1,497,419,246	32.5%
rent-an-ape	8,925,535,430	32.5%
vankushfamily	585,625,235	32.5%
bnb-hive	74,345,757,052	14%
cubdaily	688,971,838	14%
superuser3	12,608,010,411	32.5%