BITCOIN verses LEO Performance

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·@iniobong3emm·
0.000 HBD
BITCOIN verses LEO Performance
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This analysis considers the type of relationship and characteristics of BITCOIN price with LEO from June to September. It shall be considered under the following subheading.

## Correlation test result between BITCOIN and LEO
The result of analysis between both assets can be seen below.

![correl.JPG](https://images.hive.blog/DQmReUsBan29q5bHMqmVZkbxgheYiN3tWX12ZuMAtzJN4Bm/correl.JPG)

 However, with a coefficient of 0.146 shows a positive relationship but at a very weak level. Considering the level of significance 0.05 which is way too lower than the calculated significance as 0.013. So it can be concluded that there is approximately little or no relationship between the price of BITCOIN and LEO for the period stated above.

## Box Plot of BITCOIN
Below is a diagram showing the price range of BITCOIN in USDT for the period above.

![boxbtc.JPG](https://images.hive.blog/DQmaTmCKbYeVJ9UfLNF9jkUuAr7HkDCM775cNjDqoKsyvzP/boxbtc.JPG)

## BOX plot of LEO
Below is a diagram showing the price range of LEO in USDT for the period above.

![leobox.JPG](https://images.hive.blog/DQme9kLJNZXJphRNgVCFikUPdxnb69aKG1avwZrjSCxvp59/leobox.JPG)

## Maximum and Minimum Prices of Both Assets
The maximum and minimum price of both assets can be seen in the table below.

![maxmin.JPG](https://images.hive.blog/DQmULjLBYUHVC36AtvT5Lzq3hhBJ82FmKpi53GkuR1nAAHM/maxmin.JPG)

## Conclusion
This article examined the type of relationship between BITCOIN and LEO. It is assumed from the analysis, the hypothesis has to be accepted that there is no relationship between both crypto assets.

## Other images 
### Data view

![data.JPG](https://images.hive.blog/DQmXYRGWbCKJg1rhqR3FFHKDKtZ6Pz3hxnp5iHFSh87xGJn/data.JPG)

### Variable view

![variable.JPG](https://images.hive.blog/DQmdtWgJQzfx8G64X6uhdWk9zozo7XRfaPrkVbB2DnTp7Fr/variable.JPG)

Thanks for reading
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