Bitcoin SV (BSV)

Current price: $ 216.40

24 hours price change: $ 28.37 (15.09%)

Daily analysis of Bitcoin SV (BSV) - all

The performance of Bitcoin SV regarding the price differs every day. To make the best decision to buy Bitcoin SV, we are analysis in this article the performance of Bitcoin SV on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on November 18th, 2018 to April 7th, 2020.

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

Average daily change in price of Bitcoin SV per weekday between 11/18/2018 and 04/07/2020.

According to the performance of Bitcoin SV between November 18th, 2018 and April 7th, 2020, Bitcoin SV performed the best on Saturdays. On average, the price of Bitcoin SV increased 0.67% on Saturday.

The weekday on which the Bitcoin SV performed the worst, is Monday. On Mondays, the Bitcoin SV declined in value on average by -0.31%.

Bitcoin SV weekday performance

It is hard to tell whether the Bitcoin SV will increase or decrease in value on an average Sunday. The average change on a Sunday for the Bitcoin SV is -0.17%. However, the standard deviation on this weekday is 4.23%. This means that on most Sundays, the change in value of the Bitcoin SV is between -4.40% and 4.06%.

Allthough the Bitcoin SV decreases in value with -0.31% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin SV on Mondays is 5.00%. This means that the expected change of the value of Bitcoin SV is between -5.31% and 4.69% on 68 out of 100 Mondays.

Bitcoin SV increased in value on an average Tuesday only slightly. The average increase in value of the Bitcoin SV was 0.30%. Allthough the Bitcoin SV closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.56%). This means that on 68 percent of the Tuesdays, the change in price of the Bitcoin SV is expected to be in the range of -2.27% and 2.86%.

It is hard to tell whether the Bitcoin SV will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Bitcoin SV is -0.30%. However, the standard deviation on this weekday is 6.19%. This means that on most Wednesdays, the change in value of the Bitcoin SV is between -6.49% and 5.89%.

On an average Thursday, the Bitcoin SV increased 0.56%. However, since the expected deviation is 4.05%, the Bitcoin SV will decline in value on a Thursday quiet regularly. The expected price change of the Bitcoin SV on a Thursday is between -3.50% and 4.61%.

Bitcoin SV increased in value on an average Friday only slightly. The average increase in value of the Bitcoin SV was 0.08%. Allthough the Bitcoin SV closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.33%). This means that on 68 percent of the Fridays, the change in price of the Bitcoin SV is expected to be in the range of -2.25% and 2.41%.

Historical performance on Saturday do not show an increase in value of the Bitcoin SV on which a prediction can be made. The Bitcoin SV increased in value on average on an average Saturday with 0.67%. However, the uncertainty of this increase is high. The expected change in value of the Bitcoin SV on a Saturday is between -5.93% and 7.26% (see also the table below).

Bitcoin SV weekday performance details

Find below the details of the performance of Bitcoin SV 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 -0.17% 4.23% -4.40% to 4.06%
Monday -0.31% 5.00% -5.31% to 4.69%
Tuesday 0.30% 2.56% -2.27% to 2.86%
Wednesday -0.30% 6.19% -6.49% to 5.89%
Thursday 0.56% 4.05% -3.50% to 4.61%
Friday 0.08% 2.33% -2.25% to 2.41%
Saturday 0.67% 6.60% -5.93% to 7.26%
 

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