BitShares (BTS)

Current price: $ 0.002161

24 hours price change: $ -0.000060 (-2.70%)

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 July 19th, 2023 to July 19th, 2024.

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 07/19/2023 and 07/19/2024.

According to the performance of BitShares between July 19th, 2023 and July 19th, 2024, BitShares performed the best on Sundays. On average, the price of BitShares increased 1.15% on Sunday.

The weekday on which the BitShares performed the worst, is Thursday. On Thursdays, the BitShares declined in value on average by -0.98%.

BitShares weekday performance

On an average Sunday the BitShares shows an increase in value of 1.15%. However, the change of BitShares on most of the Sundays is between -2.99% and 5.30%. Therefore it is hard to tell whether an average Sunday is a good day to start buying BitSharess.

Allthough the BitShares decreases in value with -0.55% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of BitShares on Mondays is 4.58%. This means that the expected change of the value of BitShares is between -5.13% and 4.03% on 68 out of 100 Mondays.

Allthough the BitShares decreases in value with -0.32% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of BitShares on Tuesdays is 4.78%. This means that the expected change of the value of BitShares is between -5.10% and 4.45% on 68 out of 100 Tuesdays.

On an average Wednesday, the BitShares increased 0.53%. However, since the expected deviation is 5.91%, the BitShares will decline in value on a Wednesday quiet regularly. The expected price change of the BitShares on a Wednesday is between -5.38% and 6.44%.

On Thursdays, the BitShares decreases in value on average with -0.98%. On most of the Thursdays the BitShares decreases in value between -5.40% and 3.44%. The uncertainty (4.42%) is higher than the average decline percentage (-0.98%). Therefore, expected range of price changes of the BitShares on Thursdays is large.

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 0.64%. However, the uncertainty of this increase is high. The expected change in value of the BitShares on a Friday is between -3.80% and 5.09% (see also the table below).

Historical performance on Saturday 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 Saturday with 0.87%. However, the uncertainty of this increase is high. The expected change in value of the BitShares on a Saturday is between -3.28% and 5.02% (see also the table below).

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 1.15% 4.15% -2.99% to 5.30%
Monday -0.55% 4.58% -5.13% to 4.03%
Tuesday -0.32% 4.78% -5.10% to 4.45%
Wednesday 0.53% 5.91% -5.38% to 6.44%
Thursday -0.98% 4.42% -5.40% to 3.44%
Friday 0.64% 4.44% -3.80% to 5.09%
Saturday 0.87% 4.15% -3.28% to 5.02%
 

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