BitShares (BTS)

Current price: $ 0.04

24 hours price change: $ -0.0006 (-1.40%)

Daily analysis of BitShares (BTS) - 1 year

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 year, starting on December 19th, 2017 to December 18th, 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 12/19/2017 and 12/18/2018.

According to the performance of BitShares between December 19th, 2017 and December 18th, 2018, BitShares performed the best on Fridays. On average, the price of BitShares increased inf% on Friday.

The weekday on which the BitShares performed the worst, is Monday. On Mondays, the BitShares declined in value on average by -0.69%.

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 0.00%. However, the standard deviation on this weekday is 3.85%. This means that on most Sundays, the change in value of the BitShares is between -3.86% and 3.85%.

On Mondays, the BitShares decreases in value on average with -0.69%. On most of the Mondays the BitShares decreases in value between -5.21% and 3.83%. The uncertainty (4.52%) is higher than the average decline percentage (-0.69%). Therefore, expected range of price changes of the BitShares on Mondays is large.

On an average Tuesday the BitShares shows an increase in value of 1.41%. However, the change of BitShares on most of the Tuesdays is between -5.85% and 8.67%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying BitSharess.

Allthough the BitShares decreases in value with -0.34% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of BitShares on Wednesdays is 1.74%. This means that the expected change of the value of BitShares is between -2.08% and 1.40% on 68 out of 100 Wednesdays.

BitShares increased in value on an average Thursday 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 (4.33%). This means that on 68 percent of the Thursdays, the change in price of the BitShares is expected to be in the range of -4.12% and 4.53%.

On Fridays, the average increase of the value of the BitShares is very high. The average increase is inf%. The standard deviation of the BitShares on Fridays is nan%. This means that on 68% of the Fridays, the BitShares increases between nan% and nan%. The uncertainty is therefore not very high, since on most Fridays, the value of the BitShares will increase.

Allthough the BitShares decreases in value with -0.34% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of BitShares on Saturdays is 2.21%. This means that the expected change of the value of BitShares is between -2.55% and 1.88% 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
Sunday0.00%3.85%-3.86% to 3.85%
Monday-0.69%4.52%-5.21% to 3.83%
Tuesday1.41%7.26%-5.85% to 8.67%
Wednesday-0.34%1.74%-2.08% to 1.40%
Thursday0.20%4.33%-4.12% to 4.53%
Fridayinf%nan%nan% to nan%
Saturday-0.34%2.21%-2.55% to 1.88%