<div class ="text-justify"> So far, some crypto assets has been exhibiting lower form of relationship due to recovery from the last dip. In this article I will be considering the relationship that exist between ETHEREUM and AVAX under its result. - Result of Correlation - Scatterdot diagram - Box plot showing price of ETHEREUM and AVAX - Maximum and Minimum prices of both Assets - Conclusion ## Result of Correlation The result of correlation analysis can be seen below when considering for Pearson correlation.  It is with a value of 0.231, This shows a positive relationship but at minimal strength. A positive relationship indicates as the price of ETHEREUM is in a bull, the price of AVAX will also be in a bull but the difference will be at what rate does each occur? As the price of ETHEREUM pumps, the price of AVAX will also pump at a minimal rate. ## Scatterdot diagram The scatter dot diagram gives a detailed description of the relationship. You can see from the diagonal line, to predict the price of AVAX when that of ETHEREUM is known will be easy.  ## Box plot showing price of ETHEREUM and AVAX Below is a box plot showing the price range of ETHEREUM Price and AVAX. ### Box plot showing price of ETHEREUM  ### Box plot showing price of AVAX  ## Maximum and Minimum prices of both Assets The minimum, maximum and mean price of ETHEREUM and AVAX can be seen in the table below.  ## Conclusion In Summary, there is a relationship between the price of ETHREUM and AVAX which seems to be a positive one but it occurs at minimal level for AVAX. i.e when the price of ETHEREUM pumps 100%, that of AVAX will pump 30%. Thanks for reading , do have a great week. </div> Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@iniobong3emm/correlation-between-ethereum-and-avax-price)
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