BitTorrent (BTT)

Current price: -

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 April 24th, 2024 to May 17th, 2024.

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 04/24/2024 and 05/17/2024.

According to the performance of BitTorrent between April 24th, 2024 and May 17th, 2024, BitTorrent performed the best on Wednesdays. On average, the price of BitTorrent increased - on Wednesday.

The weekday on which the BitTorrent performed the worst, is Tuesday. On Tuesdays, the BitTorrent declined in value on average by -1.82%.

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 -0.25%. However, the standard deviation on this weekday is 0.35%. This means that on most Sundays, the change in value of the BitTorrent is between -0.61% and 0.10%.

The BitTorrent declines in value on an average Monday with -1.01%. However, the uncertainty (or standard deviation) is quite large, namely 1.43%. This means that it is not possible to say whether on a regular Monday the BitTorrent will increase or decrease in value.

The BitTorrent declines in value on an average Tuesday with -1.82%. However, the uncertainty (or standard deviation) is quite large, namely 2.58%. This means that it is not possible to say whether on a regular Tuesday the BitTorrent will increase or decrease in value.

BitTorrent increased in value on an average Wednesday only slightly. The average increase in value of the BitTorrent was -. 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 (-). This means that on 68 percent of the Wednesdays, the change in price of the BitTorrent is expected to be in the range of - and -.

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

On an average Friday the BitTorrent shows an increase in value of 1.17%. However, the change of BitTorrent on most of the Fridays is between -0.86% and 3.20%. Therefore it is hard to tell whether an average Friday is a good day to start buying BitTorrents.

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 -0.25%. However, the standard deviation on this weekday is 0.35%. This means that on most Saturdays, the change in value of the BitTorrent is between -0.60% and 0.10%.

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 -0.25% 0.35% -0.61% to 0.10%
Monday -1.01% 1.43% -2.44% to 0.42%
Tuesday -1.82% 2.58% -4.40% to 0.76%
Wednesday - - - to -
Thursday - - - to -
Friday 1.17% 2.03% -0.86% to 3.20%
Saturday -0.25% 0.35% -0.60% to 0.10%
 

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