Figured some people might be interested in this:
Y-axis is correlation, X-axis is the days. That is, day 1 is the first day that both ETH and XMR were trading on Poloniex.
The chart uses a 30 day correlation rolling window.
Correlation for dummies -> http://www.investopedia.com/terms/c/correlation.asp
For what it's worth, the correlation over the whole trading history is ~0.15.
Y-axis is correlation, X-axis is the days. That is, day 1 is the first day that both ETH and XMR were trading on Poloniex.
The chart uses a 30 day correlation rolling window.
Correlation for dummies -> http://www.investopedia.com/terms/c/correlation.asp
For what it's worth, the correlation over the whole trading history is ~0.15.
If I'm reading that right it's as I was thinking that they are about to diverge.
Well over the last period it has actually been ramping up to that 0.5 level again, so that means converging.