BitShares (BTS)

Current price: $ 0.04

24 hours price change: $ -0.0009 (-2.28%)

Daily analysis of BitShares (BTS) - 1 month

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 1 month, starting on November 18th, 2018 to December 17th, 2018.

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

Average daily change in price of BitShares per weekday between 11/18/2018 and 12/17/2018.

According to the performance of BitShares between November 18th, 2018 and December 17th, 2018, BitShares performed the best on Fridays. On average, the price of BitShares increased 0.24% on Friday.

The weekday on which the BitShares performed the worst, is Saturday. On Saturdays, the BitShares declined in value on average by -0.56%.

BitShares weekday performance

Allthough the BitShares decreases in value with -0.36% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of BitShares on Sundays is 0.36%. This means that the expected change of the value of BitShares is between -0.72% and 0.00% on 68 out of 100 Sundays.

BitShares increased in value on an average Monday only slightly. The average increase in value of the BitShares was 0.11%. 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 (0.21%). This means that on 68 percent of the Mondays, the change in price of the BitShares is expected to be in the range of -0.11% and 0.32%.

It is hard to tell whether the BitShares will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the BitShares is -0.14%. However, the standard deviation on this weekday is 0.31%. This means that on most Tuesdays, the change in value of the BitShares is between -0.46% and 0.17%.

BitShares increased in value on an average Wednesday only slightly. The average increase in value of the BitShares was 0.15%. 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 (0.65%). This means that on 68 percent of the Wednesdays, the change in price of the BitShares is expected to be in the range of -0.50% and 0.80%.

It is hard to tell whether the BitShares will increase or decrease in value on an average Thursday. The average change on a Thursday for the BitShares is -0.04%. However, the standard deviation on this weekday is 0.60%. This means that on most Thursdays, the change in value of the BitShares is between -0.64% and 0.55%.

BitShares increased in value on an average Friday only slightly. The average increase in value of the BitShares was 0.24%. 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 (0.33%). This means that on 68 percent of the Fridays, the change in price of the BitShares is expected to be in the range of -0.09% and 0.57%.

Allthough the BitShares decreases in value with -0.56% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of BitShares on Saturdays is 0.35%. This means that the expected change of the value of BitShares is between -0.91% and -0.22% on 68 out of 100 Saturdays.

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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday-0.36%0.36%-0.72% to 0.00%
Monday0.11%0.21%-0.11% to 0.32%
Tuesday-0.14%0.31%-0.46% to 0.17%
Wednesday0.15%0.65%-0.50% to 0.80%
Thursday-0.04%0.60%-0.64% to 0.55%
Friday0.24%0.33%-0.09% to 0.57%
Saturday-0.56%0.35%-0.91% to -0.22%