BitCapitalVendor (BCV)

Current price: $ 0.003905

24 hours price change: - (-)

Daily analysis of BitCapitalVendor (BCV) - 6 months

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 6 months, starting on December 2nd, 2019 to June 1st, 2020.

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 12/02/2019 and 06/01/2020.

According to the performance of BitCapitalVendor between December 2nd, 2019 and June 1st, 2020, BitCapitalVendor performed the best on Wednesdays. On average, the price of BitCapitalVendor increased 3.65% on Wednesday.

The weekday on which the BitCapitalVendor performed the worst, is Saturday. On Saturdays, the BitCapitalVendor declined in value on average by -1.63%.

BitCapitalVendor weekday performance

BitCapitalVendor increased in value on an average Sunday only slightly. The average increase in value of the BitCapitalVendor was 0.22%. Allthough the BitCapitalVendor closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.29%). This means that on 68 percent of the Sundays, the change in price of the BitCapitalVendor is expected to be in the range of -4.07% and 4.52%.

It is hard to tell whether the BitCapitalVendor will increase or decrease in value on an average Monday. The average change on a Monday for the BitCapitalVendor is -0.28%. However, the standard deviation on this weekday is 1.58%. This means that on most Mondays, the change in value of the BitCapitalVendor is between -1.86% and 1.30%.

On an average Tuesday, the BitCapitalVendor increased 0.40%. However, since the expected deviation is 1.88%, the BitCapitalVendor will decline in value on a Tuesday quiet regularly. The expected price change of the BitCapitalVendor on a Tuesday is between -1.48% and 2.28%.

The increase in value of the BitCapitalVendor is 3.65% on an average Wednesday. However, the uncertainty on the average change is high for the BitCapitalVendor on Wednesdays. This is the reason why an expected increase of the BitCapitalVendor on an average Wednesday cannot be predicted. The standard deviation for BitCapitalVendor on Wednesdays is high, namely 15.19%. This means that the expected range of value change for the BitCapitalVendor is -11.54% and 18.84% on 68% of the Wednesdays.

BitCapitalVendor increased in value on an average Thursday only slightly. The average increase in value of the BitCapitalVendor was 0.20%. Allthough the BitCapitalVendor closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.31%). This means that on 68 percent of the Thursdays, the change in price of the BitCapitalVendor is expected to be in the range of -1.11% and 1.51%.

On an average Friday the BitCapitalVendor shows an increase in value of 1.76%. However, the change of BitCapitalVendor on most of the Fridays is between -5.56% and 9.08%. Therefore it is hard to tell whether an average Friday is a good day to start buying BitCapitalVendors.

The BitCapitalVendor declines in value on an average Saturday with -1.63%. However, the uncertainty (or standard deviation) is quite large, namely 8.67%. This means that it is not possible to say whether on a regular Saturday the BitCapitalVendor will increase or decrease in value.

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 0.22% 4.29% -4.07% to 4.52%
Monday -0.28% 1.58% -1.86% to 1.30%
Tuesday 0.40% 1.88% -1.48% to 2.28%
Wednesday 3.65% 15.19% -11.54% to 18.84%
Thursday 0.20% 1.31% -1.11% to 1.51%
Friday 1.76% 7.32% -5.56% to 9.08%
Saturday -1.63% 8.67% -10.29% to 7.04%
 

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