Bytecoin (BCN)

Current price: $ 0.0009

24 hours price change: $ 0.00005496 (6.25%)

Daily analysis of Bytecoin (BCN) - 1 year

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 1 year, starting on April 24th, 2018 to April 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 04/24/2018 and 04/23/2019.

According to the performance of Bytecoin between April 24th, 2018 and April 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 Tuesday. On Tuesdays, the Bytecoin declined in value on average by -0.19%.

Bytecoin weekday performance

On an average Sunday, the Bytecoin increased 0.42%. However, since the expected deviation is 1.52%, the Bytecoin will decline in value on a Sunday quiet regularly. The expected price change of the Bytecoin on a Sunday is between -1.10% and 1.94%.

Bytecoin increased in value on an average Monday only slightly. The average increase in value of the Bytecoin was 0.18%. 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 (1.95%). This means that on 68 percent of the Mondays, the change in price of the Bytecoin is expected to be in the range of -1.77% and 2.12%.

It is hard to tell whether the Bytecoin will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Bytecoin is -0.19%. However, the standard deviation on this weekday is 1.73%. This means that on most Tuesdays, the change in value of the Bytecoin is between -1.93% and 1.54%.

It is hard to tell whether the Bytecoin will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Bytecoin is -0.07%. However, the standard deviation on this weekday is 1.74%. This means that on most Wednesdays, the change in value of the Bytecoin is between -1.81% and 1.66%.

Bytecoin increased in value on an average Thursday only slightly. The average increase in value of the Bytecoin was 0.02%. 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 (1.70%). This means that on 68 percent of the Thursdays, the change in price of the Bytecoin is expected to be in the range of -1.68% and 1.72%.

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.

It is hard to tell whether the Bytecoin will increase or decrease in value on an average Saturday. The average change on a Saturday for the Bytecoin is -0.09%. However, the standard deviation on this weekday is 1.79%. This means that on most Saturdays, the change in value of the Bytecoin is between -1.88% and 1.70%.

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
Sunday0.42%1.52%-1.10% to 1.94%
Monday0.18%1.95%-1.77% to 2.12%
Tuesday-0.19%1.73%-1.93% to 1.54%
Wednesday-0.07%1.74%-1.81% to 1.66%
Thursday0.02%1.70%-1.68% to 1.72%
Fridayinf%nan%nan% to nan%
Saturday-0.09%1.79%-1.88% to 1.70%