Correlation risk

The risk that coins you hold rise and fall together, so owning several gives less spread than it seems.

What it means

A correlation close to 1 means coins move almost as one; in a sell-off they tend to drop at the same time.

What to watch

Whether your coins all follow the same market, not just how many different names you hold.

How Compass-Alpha uses it

Your crypto at a glance, on your dashboard, shows how your money is spread over your coins; it does not measure correlation.