BitTorrent (BTT)

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Daily analysis of BitTorrent (BTT) - 6 months

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 6 months, starting on November 20th, 2023 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 11/20/2023 and 05/17/2024.

According to the performance of BitTorrent between November 20th, 2023 and May 17th, 2024, BitTorrent performed the best on Fridays. On average, the price of BitTorrent increased 0.85% on Friday.

The weekday on which the BitTorrent performed the worst, is Monday. On Mondays, the BitTorrent declined in value on average by -0.60%.

BitTorrent weekday performance

On an average Sunday, the BitTorrent increased 0.33%. However, since the expected deviation is 2.84%, the BitTorrent will decline in value on a Sunday quiet regularly. The expected price change of the BitTorrent on a Sunday is between -2.51% and 3.17%.

Allthough the BitTorrent decreases in value with -0.60% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of BitTorrent on Mondays is 1.59%. This means that the expected change of the value of BitTorrent is between -2.19% and 0.99% on 68 out of 100 Mondays.

On an average Tuesday, the BitTorrent increased 0.46%. However, since the expected deviation is 3.23%, the BitTorrent will decline in value on a Tuesday quiet regularly. The expected price change of the BitTorrent on a Tuesday is between -2.77% and 3.69%.

Allthough the BitTorrent decreases in value with -0.57% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of BitTorrent on Wednesdays is 2.13%. This means that the expected change of the value of BitTorrent is between -2.70% and 1.56% on 68 out of 100 Wednesdays.

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 0.71%. However, the uncertainty of this increase is high. The expected change in value of the BitTorrent on a Thursday is between -1.80% and 3.22% (see also the table below).

Historical performance on Friday 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 Friday with 0.85%. However, the uncertainty of this increase is high. The expected change in value of the BitTorrent on a Friday is between -2.79% and 4.50% (see also the table below).

Historical performance on Saturday 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 Saturday with 0.73%. However, the uncertainty of this increase is high. The expected change in value of the BitTorrent on a Saturday is between -2.01% and 3.48% (see also the table below).

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 0.33% 2.84% -2.51% to 3.17%
Monday -0.60% 1.59% -2.19% to 0.99%
Tuesday 0.46% 3.23% -2.77% to 3.69%
Wednesday -0.57% 2.13% -2.70% to 1.56%
Thursday 0.71% 2.51% -1.80% to 3.22%
Friday 0.85% 3.65% -2.79% to 4.50%
Saturday 0.73% 2.75% -2.01% to 3.48%
 

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