Bitcoin Diamond (BCD)

Current price: $ 0.49

24 hours price change: $ -0.000861 (-0.17%)

Daily analysis of Bitcoin Diamond (BCD) - 1 year

The performance of Bitcoin Diamond regarding the price differs every day. To make the best decision to buy Bitcoin Diamond, we are analysis in this article the performance of Bitcoin Diamond on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 year, starting on November 15th, 2018 to November 14th, 2019.

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

Average daily change in price of Bitcoin Diamond per weekday between 11/15/2018 and 11/14/2019.

According to the performance of Bitcoin Diamond between November 15th, 2018 and November 14th, 2019, Bitcoin Diamond performed the best on Thursdays. On average, the price of Bitcoin Diamond increased 3.84% on Thursday.

The weekday on which the Bitcoin Diamond performed the worst, is Wednesday. On Wednesdays, the Bitcoin Diamond declined in value on average by -1.98%.

Bitcoin Diamond weekday performance

On Sundays, the Bitcoin Diamond decreases in value on average with -0.73%. On most of the Sundays the Bitcoin Diamond decreases in value between -7.66% and 6.20%. The uncertainty (6.93%) is higher than the average decline percentage (-0.73%). Therefore, expected range of price changes of the Bitcoin Diamond on Sundays is large.

The increase in value of the Bitcoin Diamond is 3.04% on an average Monday. However, the uncertainty on the average change is high for the Bitcoin Diamond on Mondays. This is the reason why an expected increase of the Bitcoin Diamond on an average Monday cannot be predicted. The standard deviation for Bitcoin Diamond on Mondays is high, namely 13.83%. This means that the expected range of value change for the Bitcoin Diamond is -10.79% and 16.86% on 68% of the Mondays.

On an average Tuesday the Bitcoin Diamond shows an increase in value of 1.01%. However, the change of Bitcoin Diamond on most of the Tuesdays is between -7.94% and 9.96%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Bitcoin Diamonds.

The Bitcoin Diamond declines in value on an average Wednesday with -1.98%. However, the uncertainty (or standard deviation) is quite large, namely 9.90%. This means that it is not possible to say whether on a regular Wednesday the Bitcoin Diamond will increase or decrease in value.

The increase in value of the Bitcoin Diamond is 3.84% on an average Thursday. However, the uncertainty on the average change is high for the Bitcoin Diamond on Thursdays. This is the reason why an expected increase of the Bitcoin Diamond on an average Thursday cannot be predicted. The standard deviation for Bitcoin Diamond on Thursdays is high, namely 17.57%. This means that the expected range of value change for the Bitcoin Diamond is -13.73% and 21.40% on 68% of the Thursdays.

The Bitcoin Diamond declines in value on an average Friday with -1.13%. However, the uncertainty (or standard deviation) is quite large, namely 11.94%. This means that it is not possible to say whether on a regular Friday the Bitcoin Diamond will increase or decrease in value.

The Bitcoin Diamond declines in value on an average Saturday with -1.33%. However, the uncertainty (or standard deviation) is quite large, namely 7.07%. This means that it is not possible to say whether on a regular Saturday the Bitcoin Diamond will increase or decrease in value.

Bitcoin Diamond weekday performance details

Find below the details of the performance of Bitcoin Diamond 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 -0.73% 6.93% -7.66% to 6.20%
Monday 3.04% 13.83% -10.79% to 16.86%
Tuesday 1.01% 8.95% -7.94% to 9.96%
Wednesday -1.98% 9.90% -11.88% to 7.92%
Thursday 3.84% 17.57% -13.73% to 21.40%
Friday -1.13% 11.94% -13.07% to 10.81%
Saturday -1.33% 7.07% -8.41% to 5.74%