BitShares (BTS)

Current price: $ 0.05

24 hours price change: $ -0.004880 (-9.53%)

Daily analysis of BitShares (BTS) - 6 months

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 6 months, starting on March 20th, 2021 to September 20th, 2021.

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 03/20/2021 and 09/20/2021.

According to the performance of BitShares between March 20th, 2021 and September 20th, 2021, BitShares performed the best on Tuesdays. On average, the price of BitShares increased 1.13% on Tuesday.

The weekday on which the BitShares performed the worst, is Thursday. On Thursdays, the BitShares rose in value on average by 0.15%. The price still increased on Thursdays, allthough it was the smallest increase of all days on average.

BitShares weekday performance

On an average Sunday, the BitShares increased 0.53%. However, since the expected deviation is 1.83%, the BitShares will decline in value on a Sunday quiet regularly. The expected price change of the BitShares on a Sunday is between -1.30% and 2.36%.

Historical performance on Monday 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 Monday with 0.82%. However, the uncertainty of this increase is high. The expected change in value of the BitShares on a Monday is between -2.90% and 4.54% (see also the table below).

On an average Tuesday the BitShares shows an increase in value of 1.13%. However, the change of BitShares on most of the Tuesdays is between -2.99% and 5.26%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying BitSharess.

On an average Wednesday the BitShares shows an increase in value of 1.06%. However, the change of BitShares on most of the Wednesdays is between -3.16% and 5.28%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying BitSharess.

BitShares increased in value on an average Thursday 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 (2.53%). This means that on 68 percent of the Thursdays, the change in price of the BitShares is expected to be in the range of -2.38% and 2.69%.

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 0.74%. However, the uncertainty of this increase is high. The expected change in value of the BitShares on a Friday is between -3.85% and 5.34% (see also the table below).

On an average Saturday, the BitShares increased 0.33%. However, since the expected deviation is 1.13%, the BitShares will decline in value on a Saturday quiet regularly. The expected price change of the BitShares on a Saturday is between -0.79% and 1.46%.

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 0.53% 1.83% -1.30% to 2.36%
Monday 0.82% 3.72% -2.90% to 4.54%
Tuesday 1.13% 4.13% -2.99% to 5.26%
Wednesday 1.06% 4.22% -3.16% to 5.28%
Thursday 0.15% 2.53% -2.38% to 2.69%
Friday 0.74% 4.59% -3.85% to 5.34%
Saturday 0.33% 1.13% -0.79% to 1.46%
 

About Us

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.