Bytom (BTM)

Current price: $ 0.08

24 hours price change: $ -0.000905 (-1.12%)

Daily analysis of Bytom (BTM) - 1 month

The performance of Bytom regarding the price differs every day. To make the best decision to buy Bytom, we are analysis in this article the performance of Bytom on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on August 22nd, 2019 to September 21st, 2019.

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

Average daily change in price of Bytom per weekday between 08/22/2019 and 09/21/2019.

According to the performance of Bytom between August 22nd, 2019 and September 21st, 2019, Bytom performed the best on Sundays. On average, the price of Bytom increased 0.42% on Sunday.

The weekday on which the Bytom performed the worst, is Saturday. On Saturdays, the Bytom declined in value on average by -0.39%.

Bytom weekday performance

The average increase of the Bytom on an average Sunday is 0.42%. This is a small increase, however, the expected change of the Bytom in 95% of the Sundays is 0.05% and 0.80%. This means that only on 2.5% (or slightly over 1 Sunday per year) the expected change of the Bytom is below 0.05%. On the other hand, you would not have to expect that the change on a single Sunday will be above 0.80%. This will also only happen on 2.5% of the Sundays. On 68% of the Sundays, the increase of the Bytom will be in the range of 0.24% and 0.61%.

On an average Monday, the Bytom increased 0.32%. However, since the expected deviation is 0.51%, the Bytom will decline in value on a Monday quiet regularly. The expected price change of the Bytom on a Monday is between -0.19% and 0.84%.

Allthough the Bytom decreases in value with -0.36% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Bytom on Tuesdays is 0.84%. This means that the expected change of the value of Bytom is between -1.20% and 0.47% on 68 out of 100 Tuesdays.

It is hard to tell whether the Bytom will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Bytom is -0.30%. However, the standard deviation on this weekday is 0.55%. This means that on most Wednesdays, the change in value of the Bytom is between -0.85% and 0.26%.

It is hard to tell whether the Bytom will increase or decrease in value on an average Thursday. The average change on a Thursday for the Bytom is -0.27%. However, the standard deviation on this weekday is 0.44%. This means that on most Thursdays, the change in value of the Bytom is between -0.72% and 0.17%.

It is hard to tell whether the Bytom will increase or decrease in value on an average Friday. The average change on a Friday for the Bytom is -0.08%. However, the standard deviation on this weekday is 0.15%. This means that on most Fridays, the change in value of the Bytom is between -0.22% and 0.07%.

Allthough the Bytom decreases in value with -0.39% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Bytom on Saturdays is 0.88%. This means that the expected change of the value of Bytom is between -1.27% and 0.50% on 68 out of 100 Saturdays.

Bytom weekday performance details

Find below the details of the performance of Bytom 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 0.42% 0.19% 0.24% to 0.61%
Monday 0.32% 0.51% -0.19% to 0.84%
Tuesday -0.36% 0.84% -1.20% to 0.47%
Wednesday -0.30% 0.55% -0.85% to 0.26%
Thursday -0.27% 0.44% -0.72% to 0.17%
Friday -0.08% 0.15% -0.22% to 0.07%
Saturday -0.39% 0.88% -1.27% to 0.50%