Validating correlations, part 3

This excel file has all of the calculations inside. A few highlights:

Screenshot of calculations:Przechwytywanie

  1. Quite strong (0.88) correlation between palladium price and almost all of descriptors of bitcoin data
  2. Same for Dow Jones Industrial Average stock index (0.88)
  3. EUR-USD exchange rate correlated at the level of 0.75

I’ll think of writing simple bitcoin price prediction model – yet without ML/DL at the moment. Let’s leave harder stuff for later.

Thanks for reading,
Łukasz.

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