The performance of BitShares regarding the price differs every day. To make the best decision to buy BitShares, we are analysis in this article the performance of BitShares on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on September 16th, 2014 to March 23rd, 2023.
In the barchart below, the weekdays and average performance of BitShares are shown side by side.
According to the performance of BitShares between September 16th, 2014 and March 23rd, 2023, BitShares performed the best on Wednesdays. On average, the price of BitShares increased 221,407.92% on Wednesday.
The weekday on which the BitShares performed the worst, is Sunday. On Sundays, the BitShares declined in value on average by -0.25%.
BitShares weekday performance
It is hard to tell whether the BitShares will increase or decrease in value on an average Sunday. The average change on a Sunday for the BitShares is -0.25%. However, the standard deviation on this weekday is 5.62%. This means that on most Sundays, the change in value of the BitShares is between -5.88% and 5.37%.
BitShares increased in value on an average Monday only slightly. The average increase in value of the BitShares was 0.08%. Allthough the BitShares closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.86%). This means that on 68 percent of the Mondays, the change in price of the BitShares is expected to be in the range of -4.77% and 4.94%.
BitShares increased in value on an average Tuesday only slightly. The average increase in value of the BitShares was 0.20%. Allthough the BitShares closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (5.22%). This means that on 68 percent of the Tuesdays, the change in price of the BitShares is expected to be in the range of -5.02% and 5.43%.
The increase in value of the BitShares is 221,407.92% on an average Wednesday. However, the uncertainty on the average change is high for the BitShares on Wednesdays. This is the reason why an expected increase of the BitShares on an average Wednesday cannot be predicted. The standard deviation for BitShares on Wednesdays is high, namely 4,612,515.22%. This means that the expected range of value change for the BitShares is -4,391,107.31% and 4,833,923.14% on 68% of the Wednesdays.
On an average Thursday, the BitShares increased 0.42%. However, since the expected deviation is 9.03%, the BitShares will decline in value on a Thursday quiet regularly. The expected price change of the BitShares on a Thursday is between -8.61% and 9.45%.
Historical performance on Friday do not show an increase in value of the BitShares on which a prediction can be made. The BitShares increased in value on average on an average Friday with 0.62%. However, the uncertainty of this increase is high. The expected change in value of the BitShares on a Friday is between -6.17% and 7.40% (see also the table below).
BitShares increased in value on an average Saturday only slightly. The average increase in value of the BitShares was 0.18%. Allthough the BitShares closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (5.34%). This means that on 68 percent of the Saturdays, the change in price of the BitShares is expected to be in the range of -5.16% and 5.52%.
BitShares weekday performance details
Find below the details of the performance of BitShares 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 | -0.25% | 5.62% | -5.88% to 5.37% |
| Monday | 0.08% | 4.86% | -4.77% to 4.94% |
| Tuesday | 0.20% | 5.22% | -5.02% to 5.43% |
| Wednesday | 221,407.92% | 4,612,515.22% | -4,391,107.31% to 4,833,923.14% |
| Thursday | 0.42% | 9.03% | -8.61% to 9.45% |
| Friday | 0.62% | 6.79% | -6.17% to 7.40% |
| Saturday | 0.18% | 5.34% | -5.16% to 5.52% |