BitTorrent (BTT)

Current price: $ 0.000500

24 hours price change: $ -0.000100 (-16.67%)

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 23rd, 2019 to September 22nd, 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 08/23/2019 and 09/22/2019.

According to the performance of BitTorrent between August 23rd, 2019 and September 22nd, 2019, BitTorrent performed the best on Sundays. On average, the price of BitTorrent increased 7.44% on Sunday.

The weekday on which the BitTorrent performed the worst, is Monday. On Mondays, the BitTorrent declined in value on average by -4.13%.

BitTorrent weekday performance

The increase in value of the BitTorrent is 7.44% on an average Sunday. However, the uncertainty on the average change is high for the BitTorrent on Sundays. This is the reason why an expected increase of the BitTorrent on an average Sunday cannot be predicted. The standard deviation for BitTorrent on Sundays is high, namely 9.02%. This means that the expected range of value change for the BitTorrent is -1.58% and 16.46% on 68% of the Sundays.

The decrease in value of the BitTorrent is -4.13% on an average Monday. The uncertainty of the average change is high for the BitTorrent on Mondays. This means that it is hard to tell whether the BitTorrent will decrease or increase in value on an average Monday. If we look at the 68% range of the BitTorrent, we see that on 68% of the Mondays, the expected change of the BitTorrent is between -11.49% and 3.23%.

Historical performance on Tuesday 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 Tuesday with 0.78%. However, the uncertainty of this increase is high. The expected change in value of the BitTorrent on a Tuesday is between -12.15% and 13.70% (see also the table below).

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 0.00%. However, the standard deviation on this weekday is 11.71%. This means that on most Wednesdays, the change in value of the BitTorrent is between -11.71% and 11.70%.

The increase in value of the BitTorrent is 5.14% on an average Thursday. However, the uncertainty on the average change is high for the BitTorrent on Thursdays. This is the reason why an expected increase of the BitTorrent on an average Thursday cannot be predicted. The standard deviation for BitTorrent on Thursdays is high, namely 8.80%. This means that the expected range of value change for the BitTorrent is -3.66% and 13.95% on 68% of the Thursdays.

The increase in value of the BitTorrent is 3.25% on an average Friday. However, the uncertainty on the average change is high for the BitTorrent on Fridays. This is the reason why an expected increase of the BitTorrent on an average Friday cannot be predicted. The standard deviation for BitTorrent on Fridays is high, namely 6.66%. This means that the expected range of value change for the BitTorrent is -3.42% and 9.91% on 68% of the Fridays.

The increase in value of the BitTorrent is 7.23% on an average Saturday. However, the uncertainty on the average change is high for the BitTorrent on Saturdays. This is the reason why an expected increase of the BitTorrent on an average Saturday cannot be predicted. The standard deviation for BitTorrent on Saturdays is high, namely 9.09%. This means that the expected range of value change for the BitTorrent is -1.86% and 16.32% on 68% of the 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 7.44% 9.02% -1.58% to 16.46%
Monday -4.13% 7.36% -11.49% to 3.23%
Tuesday 0.78% 12.93% -12.15% to 13.70%
Wednesday 0.00% 11.71% -11.71% to 11.70%
Thursday 5.14% 8.80% -3.66% to 13.95%
Friday 3.25% 6.66% -3.42% to 9.91%
Saturday 7.23% 9.09% -1.86% to 16.32%