BitTorrent (BTT)

Current price: $ 0.000300

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 November 9th, 2019 to December 8th, 2019.

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 11/09/2019 and 12/08/2019.

According to the performance of BitTorrent between November 9th, 2019 and December 8th, 2019, BitTorrent performed the best on Mondays. On average, the price of BitTorrent increased 0.39% on Monday.

The weekday on which the BitTorrent performed the worst, is Tuesday. On Tuesdays, the BitTorrent declined in value on average by -0.58%.

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 -0.06%. However, the standard deviation on this weekday is 0.23%. This means that on most Sundays, the change in value of the BitTorrent is between -0.29% and 0.18%.

The average increase of the BitTorrent on an average Monday is 0.39%. This is a small increase, however, the expected change of the BitTorrent in 95% of the Mondays is -0.37% and 1.16%. This means that only on 2.5% (or slightly over 1 Monday per year) the expected change of the BitTorrent is below -0.37%. On the other hand, you would not have to expect that the change on a single Monday will be above 1.16%. This will also only happen on 2.5% of the Mondays. On 68% of the Mondays, the increase of the BitTorrent will be in the range of 0.01% and 0.78%.

Allthough the BitTorrent decreases in value with -0.58% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of BitTorrent on Tuesdays is 0.92%. This means that the expected change of the value of BitTorrent is between -1.50% and 0.34% on 68 out of 100 Tuesdays.

The BitTorrent will almost not change or only slightly increase in value on an average Wednesday. The average change of the BitTorrent on Wednesdays is 0.27%. The standard deviation of the BitTorrent is 0.27%, which means that in 68% of the Wednesdays, the range of the change of the BitTorrent is 0.00% and 0.54%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

BitTorrent increased in value on an average Thursday only slightly. The average increase in value of the BitTorrent was 0.23%. 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 (0.50%). This means that on 68 percent of the Thursdays, the change in price of the BitTorrent is expected to be in the range of -0.27% and 0.73%.

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 -0.23%. However, the standard deviation on this weekday is 0.41%. This means that on most Fridays, the change in value of the BitTorrent is between -0.64% and 0.18%.

Allthough the BitTorrent decreases in value with -0.41% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of BitTorrent on Saturdays is 0.43%. This means that the expected change of the value of BitTorrent is between -0.84% and 0.02% on 68 out of 100 Saturdays.

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 -0.06% 0.23% -0.29% to 0.18%
Monday 0.39% 0.38% 0.01% to 0.78%
Tuesday -0.58% 0.92% -1.50% to 0.34%
Wednesday 0.27% 0.27% 0.00% to 0.54%
Thursday 0.23% 0.50% -0.27% to 0.73%
Friday -0.23% 0.41% -0.64% to 0.18%
Saturday -0.41% 0.43% -0.84% to 0.02%