Relationship Between HIVE and POLYCUB

Relationship in crypto determines if one crypto is correlated with another. In our case study the relationship between HIVE and POLYCUB is presented under the following subheading.

• Result of analysis between HIVE and POLYCUB.

• Line graph of HIVE and POLYCUB

• Maximum and minimum price of HIVE and POLYCUB.

• Data and Variable view.

• Conclusion.

Result of analysis between HIVE and POLYCUB

The result of analysis of relationship as can be seen in the diagram shows that the coefficient of relationship is 0.722.

This indicates a strong positive relationship meaning as the price of HIVE pumps, that of POLYCUB will experience same and vice versa.

Line graph of HIVE and POLYCUB

Line graph shows the performance of both crypto asset within the month of October to November 11, 2022.

For HIVE

For POLYCUB

Maximum and minimum price of HIVE and POLYCUB

The maximum and minimum price of HIVE and POLYCUB for the period of October 1 – Nov 11, 2022 is been presented in table below.

Data and Variable view

Data and variable view allows the price of HIVE and POLYCUB to be entered and analyzed using SPSS.

Conclusion

This article was aimed at determining the relationship between the price of HIVE and POLYCUB which can be proven in the correlation table and in the Line graph below. We can see that the line graph has similar pattern of curve which shows the have same relationship.

Thanks for reading.