The performance of BitTorrent regarding the price differs every day. To make the best decision to buy BitTorrent, we are analysis in this article the performance of BitTorrent on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on December 26th, 2021 to January 26th, 2022.
In the barchart below, the weekdays and average performance of BitTorrent are shown side by side.
According to the performance of BitTorrent between December 26th, 2021 and January 26th, 2022, BitTorrent performed the best on Sundays. On average, the price of BitTorrent increased 0.58% on Sunday.
The weekday on which the BitTorrent performed the worst, is Wednesday. On Wednesdays, the BitTorrent declined in value on average by -2.10%.
BitTorrent weekday performance
On an average Sunday, the BitTorrent increased 0.58%. However, since the expected deviation is 0.64%, the BitTorrent will decline in value on a Sunday quiet regularly. The expected price change of the BitTorrent on a Sunday is between -0.06% and 1.22%.
On Mondays, the BitTorrent decreases in value on average with -0.68%. On most of the Mondays the BitTorrent decreases in value between -1.40% and 0.03%. The uncertainty (0.71%) is higher than the average decline percentage (-0.68%). Therefore, expected range of price changes of the BitTorrent on Mondays is large.
On Tuesdays, the BitTorrent decreases in value on average with -0.70%. On most of the Tuesdays the BitTorrent decreases in value between -1.56% and 0.15%. The uncertainty (0.85%) is higher than the average decline percentage (-0.70%). Therefore, expected range of price changes of the BitTorrent on Tuesdays is large.
The BitTorrent declines in value on an average Wednesday with -2.10%. However, the uncertainty (or standard deviation) is quite large, namely 4.67%. This means that it is not possible to say whether on a regular Wednesday the BitTorrent will increase or decrease in value.
BitTorrent increased in value on an average Thursday only slightly. The average increase in value of the BitTorrent was 0.25%. Allthough the BitTorrent closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.23%). This means that on 68 percent of the Thursdays, the change in price of the BitTorrent is expected to be in the range of -0.98% and 1.49%.
Allthough the BitTorrent decreases in value with -0.39% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of BitTorrent on Fridays is 1.48%. This means that the expected change of the value of BitTorrent is between -1.86% and 1.09% on 68 out of 100 Fridays.
The BitTorrent declines in value on an average Saturday with -1.67%. However, the uncertainty (or standard deviation) is quite large, namely 4.30%. This means that it is not possible to say whether on a regular Saturday the BitTorrent will increase or decrease in value.
BitTorrent weekday performance details
Find below the details of the performance of BitTorrent 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||0.58%||0.64%||-0.06% to 1.22%|
|Monday||-0.68%||0.71%||-1.40% to 0.03%|
|Tuesday||-0.70%||0.85%||-1.56% to 0.15%|
|Wednesday||-2.10%||4.67%||-6.77% to 2.57%|
|Thursday||0.25%||1.23%||-0.98% to 1.49%|
|Friday||-0.39%||1.48%||-1.86% to 1.09%|
|Saturday||-1.67%||4.30%||-5.98% to 2.63%|