BitTorrent (BTT)

Current price: $ 0.000329

24 hours price change: - (-)

Daily analysis of BitTorrent (BTT) - 1 month

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 August 19th, 2020 to September 18th, 2020.

In the barchart below, the weekdays and average performance of BitTorrent are shown side by side.

Average daily change in price of BitTorrent per weekday between 08/19/2020 and 09/18/2020.

According to the performance of BitTorrent between August 19th, 2020 and September 18th, 2020, BitTorrent performed the best on Thursdays. On average, the price of BitTorrent increased 0.62% on Thursday.

The weekday on which the BitTorrent performed the worst, is Tuesday. On Tuesdays, the BitTorrent declined in value on average by -0.04%.

BitTorrent weekday performance

It is hard to tell whether the BitTorrent will increase or decrease in value on an average Sunday. The average change on a Sunday for the BitTorrent is 0.00%. However, the standard deviation on this weekday is 0.05%. This means that on most Sundays, the change in value of the BitTorrent is between -0.05% and 0.05%.

BitTorrent increased in value on an average Monday only slightly. The average increase in value of the BitTorrent was 0.03%. 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 (0.03%). This means that on 68 percent of the Mondays, the change in price of the BitTorrent is expected to be in the range of 0.00% and 0.06%.

It is hard to tell whether the BitTorrent will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the BitTorrent is -0.04%. However, the standard deviation on this weekday is 0.04%. This means that on most Tuesdays, the change in value of the BitTorrent is between -0.08% and 0.00%.

It is hard to tell whether the BitTorrent will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the BitTorrent is -0.01%. However, the standard deviation on this weekday is 0.04%. This means that on most Wednesdays, the change in value of the BitTorrent is between -0.05% and 0.03%.

Historical performance on Thursday do not show an increase in value of the BitTorrent on which a prediction can be made. The BitTorrent increased in value on average on an average Thursday with 0.62%. However, the uncertainty of this increase is high. The expected change in value of the BitTorrent on a Thursday is between -0.51% and 1.75% (see also the table below).

It is hard to tell whether the BitTorrent will increase or decrease in value on an average Friday. The average change on a Friday for the BitTorrent is 0.00%. However, the standard deviation on this weekday is 0.04%. This means that on most Fridays, the change in value of the BitTorrent is between -0.05% and 0.04%.

It is hard to tell whether the BitTorrent will increase or decrease in value on an average Saturday. The average change on a Saturday for the BitTorrent is -0.04%. However, the standard deviation on this weekday is 0.03%. This means that on most Saturdays, the change in value of the BitTorrent is between -0.07% and 0.00%.

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 0.00% 0.05% -0.05% to 0.05%
Monday 0.03% 0.03% 0.00% to 0.06%
Tuesday -0.04% 0.04% -0.08% to 0.00%
Wednesday -0.01% 0.04% -0.05% to 0.03%
Thursday 0.62% 1.13% -0.51% to 1.75%
Friday 0.00% 0.04% -0.05% to 0.04%
Saturday -0.04% 0.03% -0.07% to 0.00%
 

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