BitShares (BTS)

Current price: $ 0.01

24 hours price change: $ 0.000091 (0.78%)

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 April 29th, 2022 to May 29th, 2022.

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 04/29/2022 and 05/29/2022.

According to the performance of BitShares between April 29th, 2022 and May 29th, 2022, BitShares performed the best on Tuesdays. On average, the price of BitShares increased 0.16% on Tuesday.

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

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 -0.01%. However, the standard deviation on this weekday is 0.02%. This means that on most Sundays, the change in value of the BitShares is between -0.03% and 0.01%.

It is hard to tell whether the BitShares will increase or decrease in value on an average Monday. The average change on a Monday for the BitShares is -0.01%. However, the standard deviation on this weekday is 0.06%. This means that on most Mondays, the change in value of the BitShares is between -0.08% and 0.05%.

BitShares increased in value on an average Tuesday only slightly. The average increase in value of the BitShares was 0.16%. 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 (0.19%). This means that on 68 percent of the Tuesdays, the change in price of the BitShares is expected to be in the range of -0.03% and 0.34%.

It is hard to tell whether the BitShares will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the BitShares is -0.03%. However, the standard deviation on this weekday is 0.03%. This means that on most Wednesdays, the change in value of the BitShares is between -0.07% and 0.00%.

Allthough the BitShares decreases in value with -0.46% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of BitShares on Thursdays is 0.93%. This means that the expected change of the value of BitShares is between -1.39% and 0.47% on 68 out of 100 Thursdays.

The BitShares declines in value on an average Friday with -1.54%. However, the uncertainty (or standard deviation) is quite large, namely 3.03%. This means that it is not possible to say whether on a regular Friday the BitShares will increase or decrease in value.

The BitShares declines in value on an average Saturday with -1.63%. However, the uncertainty (or standard deviation) is quite large, namely 3.37%. This means that it is not possible to say whether on a regular Saturday the BitShares will increase or decrease in value.

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 -0.01% 0.02% -0.03% to 0.01%
Monday -0.01% 0.06% -0.08% to 0.05%
Tuesday 0.16% 0.19% -0.03% to 0.34%
Wednesday -0.03% 0.03% -0.07% to 0.00%
Thursday -0.46% 0.93% -1.39% to 0.47%
Friday -1.54% 3.03% -4.57% to 1.50%
Saturday -1.63% 3.37% -5.00% to 1.73%
 

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: Financial indicators for cryptocurrencies