Bytecoin (BCN)

Current price: $ 0.0009

24 hours price change: - (-)

Daily analysis of Bytecoin (BCN) - all

The performance of Bytecoin regarding the price differs every day. To make the best decision to buy Bytecoin, we are analysis in this article the performance of Bytecoin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on June 1st, 2017 to May 23rd, 2019.

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

Average daily change in price of Bytecoin per weekday between 06/01/2017 and 05/23/2019.

According to the performance of Bytecoin between June 1st, 2017 and May 23rd, 2019, Bytecoin performed the best on Fridays. On average, the price of Bytecoin increased inf% on Friday.

The weekday on which the Bytecoin performed the worst, is Saturday. On Saturdays, the Bytecoin declined in value on average by -0.79%.

Bytecoin weekday performance

On an average Sunday, the Bytecoin increased 0.31%. However, since the expected deviation is 6.32%, the Bytecoin will decline in value on a Sunday quiet regularly. The expected price change of the Bytecoin on a Sunday is between -6.02% and 6.63%.

Bytecoin increased in value on an average Monday only slightly. The average increase in value of the Bytecoin was 0.13%. Allthough the Bytecoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (5.61%). This means that on 68 percent of the Mondays, the change in price of the Bytecoin is expected to be in the range of -5.47% and 5.74%.

On an average Tuesday, the Bytecoin increased 0.56%. However, since the expected deviation is 6.63%, the Bytecoin will decline in value on a Tuesday quiet regularly. The expected price change of the Bytecoin on a Tuesday is between -6.06% and 7.19%.

Allthough the Bytecoin decreases in value with -0.36% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Bytecoin on Wednesdays is 5.59%. This means that the expected change of the value of Bytecoin is between -5.94% and 5.23% on 68 out of 100 Wednesdays.

Historical performance on Thursday do not show an increase in value of the Bytecoin on which a prediction can be made. The Bytecoin increased in value on average on an average Thursday with 0.69%. However, the uncertainty of this increase is high. The expected change in value of the Bytecoin on a Thursday is between -9.95% and 11.33% (see also the table below).

On Fridays, the average increase of the value of the Bytecoin is very high. The average increase is inf%. The standard deviation of the Bytecoin on Fridays is nan%. This means that on 68% of the Fridays, the Bytecoin increases between nan% and nan%. The uncertainty is therefore not very high, since on most Fridays, the value of the Bytecoin will increase.

On Saturdays, the Bytecoin decreases in value on average with -0.79%. On most of the Saturdays the Bytecoin decreases in value between -6.63% and 5.04%. The uncertainty (5.83%) is higher than the average decline percentage (-0.79%). Therefore, expected range of price changes of the Bytecoin on Saturdays is large.

Bytecoin weekday performance details

Find below the details of the performance of Bytecoin 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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday0.31%6.32%-6.02% to 6.63%
Monday0.13%5.61%-5.47% to 5.74%
Tuesday0.56%6.63%-6.06% to 7.19%
Wednesday-0.36%5.59%-5.94% to 5.23%
Thursday0.69%10.64%-9.95% to 11.33%
Fridayinf%nan%nan% to nan%
Saturday-0.79%5.83%-6.63% to 5.04%