BitCapitalVendor (BCV)

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Daily analysis of BitCapitalVendor (BCV) - 1 month

The performance of BitCapitalVendor regarding the price differs every day. To make the best decision to buy BitCapitalVendor, we are analysis in this article the performance of BitCapitalVendor on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on January 25th, 2021 to February 25th, 2021.

In the barchart below, the weekdays and average performance of BitCapitalVendor are shown side by side.

Average daily change in price of BitCapitalVendor per weekday between 01/25/2021 and 02/25/2021.

According to the performance of BitCapitalVendor between January 25th, 2021 and February 25th, 2021, BitCapitalVendor performed the best on Wednesdays. On average, the price of BitCapitalVendor increased 2.76% on Wednesday.

The weekday on which the BitCapitalVendor performed the worst, is Saturday. On Saturdays, the BitCapitalVendor declined in value on average by -0.59%.

BitCapitalVendor weekday performance

On an average Sunday, the BitCapitalVendor increased 0.42%. However, since the expected deviation is 1.83%, the BitCapitalVendor will decline in value on a Sunday quiet regularly. The expected price change of the BitCapitalVendor on a Sunday is between -1.41% and 2.25%.

Allthough the BitCapitalVendor decreases in value with -0.49% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of BitCapitalVendor on Mondays is 1.43%. This means that the expected change of the value of BitCapitalVendor is between -1.92% and 0.95% on 68 out of 100 Mondays.

Allthough the BitCapitalVendor decreases in value with -0.41% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of BitCapitalVendor on Tuesdays is 3.29%. This means that the expected change of the value of BitCapitalVendor is between -3.70% and 2.88% on 68 out of 100 Tuesdays.

On an average Wednesday the BitCapitalVendor shows an increase in value of 2.76%. However, the change of BitCapitalVendor on most of the Wednesdays is between -1.23% and 6.75%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying BitCapitalVendors.

Historical performance on Thursday do not show an increase in value of the BitCapitalVendor on which a prediction can be made. The BitCapitalVendor increased in value on average on an average Thursday with 0.85%. However, the uncertainty of this increase is high. The expected change in value of the BitCapitalVendor on a Thursday is between -0.16% and 1.86% (see also the table below).

On an average Friday, the BitCapitalVendor increased 0.41%. However, since the expected deviation is 0.56%, the BitCapitalVendor will decline in value on a Friday quiet regularly. The expected price change of the BitCapitalVendor on a Friday is between -0.15% and 0.97%.

Allthough the BitCapitalVendor decreases in value with -0.59% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of BitCapitalVendor on Saturdays is 1.71%. This means that the expected change of the value of BitCapitalVendor is between -2.30% and 1.12% on 68 out of 100 Saturdays.

BitCapitalVendor weekday performance details

Find below the details of the performance of BitCapitalVendor per day of the week. Both the average change in percentage and the standard deviation. The higher the standard deviation is, the higher the variation within the range of average change. Therefore, the 68% range has been added, which represents the change in price on 68% of the days.

Weekday Average change (%) Standard deviation (%) 68% range
Sunday 0.42% 1.83% -1.41% to 2.25%
Monday -0.49% 1.43% -1.92% to 0.95%
Tuesday -0.41% 3.29% -3.70% to 2.88%
Wednesday 2.76% 3.99% -1.23% to 6.75%
Thursday 0.85% 1.01% -0.16% to 1.86%
Friday 0.41% 0.56% -0.15% to 0.97%
Saturday -0.59% 1.71% -2.30% to 1.12%
 

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