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 9th, 2023 to December 9th, 2023.
In the barchart below, the weekdays and average performance of BitShares are shown side by side.
According to the performance of BitShares between November 9th, 2023 and December 9th, 2023, BitShares performed the best on Tuesdays. On average, the price of BitShares increased 1.63% on Tuesday.
The weekday on which the BitShares performed the worst, is Friday. On Fridays, the BitShares declined in value on average by -0.08%.
BitShares weekday performance
Historical performance on Sunday 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 Sunday with 0.64%. However, the uncertainty of this increase is high. The expected change in value of the BitShares on a Sunday is between -0.52% and 1.80% (see also the table below).
On an average Monday, the BitShares increased 0.53%. However, since the expected deviation is 1.06%, the BitShares will decline in value on a Monday quiet regularly. The expected price change of the BitShares on a Monday is between -0.53% and 1.59%.
On an average Tuesday the BitShares shows an increase in value of 1.63%. However, the change of BitShares on most of the Tuesdays is between -0.85% and 4.11%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying BitSharess.
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 -0.06%. However, the standard deviation on this weekday is 2.11%. This means that on most Wednesdays, the change in value of the BitShares is between -2.17% and 2.05%.
On an average Thursday the BitShares shows a high increase in value, namely 1.06%. The standard deviation is below the average increase percentage (standard deviation is 0.85%), meaning that on 68% of the Thursdays the BitShares will increase with a percentage between 0.20% and 1.91%. This also means that, on average, on 16 percent of the Thursdays, the BitShares will increase with a percentage above this range. On the other 16% of the Thursdays, the BitShares will change with a percentage below the 0.20%.
It is hard to tell whether the BitShares will increase or decrease in value on an average Friday. The average change on a Friday for the BitShares is -0.08%. However, the standard deviation on this weekday is 3.26%. This means that on most Fridays, the change in value of the BitShares is between -3.35% and 3.18%.
On an average Saturday the BitShares shows a high increase in value, namely 1.54%. The standard deviation is below the average increase percentage (standard deviation is 0.71%), meaning that on 68% of the Saturdays the BitShares will increase with a percentage between 0.84% and 2.25%. This also means that, on average, on 16 percent of the Saturdays, the BitShares will increase with a percentage above this range. On the other 16% of the Saturdays, the BitShares will change with a percentage below the 0.84%.
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 | 0.64% | 1.16% | -0.52% to 1.80% |
| Monday | 0.53% | 1.06% | -0.53% to 1.59% |
| Tuesday | 1.63% | 2.48% | -0.85% to 4.11% |
| Wednesday | -0.06% | 2.11% | -2.17% to 2.05% |
| Thursday | 1.06% | 0.85% | 0.20% to 1.91% |
| Friday | -0.08% | 3.26% | -3.35% to 3.18% |
| Saturday | 1.54% | 0.71% | 0.84% to 2.25% |