Bytom (BTM)

Current price: $ 0.11

24 hours price change: $ -0.002758 (-2.43%)

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 October 14th, 2019 to November 13th, 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 10/14/2019 and 11/13/2019.

According to the performance of Bytom between October 14th, 2019 and November 13th, 2019, Bytom performed the best on Sundays. On average, the price of Bytom increased 4.37% on Sunday.

The weekday on which the Bytom performed the worst, is Saturday. On Saturdays, the Bytom declined in value on average by -2.12%.

Bytom weekday performance

The increase in value of the Bytom is 4.37% on an average Sunday. However, the uncertainty on the average change is high for the Bytom on Sundays. This is the reason why an expected increase of the Bytom on an average Sunday cannot be predicted. The standard deviation for Bytom on Sundays is high, namely 7.72%. This means that the expected range of value change for the Bytom is -3.35% and 12.09% on 68% of the Sundays.

On an average Monday, the Bytom increased 0.48%. However, since the expected deviation is 1.23%, the Bytom will decline in value on a Monday quiet regularly. The expected price change of the Bytom on a Monday is between -0.76% and 1.71%.

Allthough the Bytom decreases in value with -0.49% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Bytom on Tuesdays is 0.85%. This means that the expected change of the value of Bytom is between -1.33% and 0.36% on 68 out of 100 Tuesdays.

Historical performance on Wednesday do not show an increase in value of the Bytom on which a prediction can be made. The Bytom increased in value on average on an average Wednesday with 0.67%. However, the uncertainty of this increase is high. The expected change in value of the Bytom on a Wednesday is between -1.09% and 2.43% (see also the table below).

On Thursdays, the Bytom decreases in value on average with -0.64%. On most of the Thursdays the Bytom decreases in value between -1.21% and -0.08%. The uncertainty (0.57%) is higher than the average decline percentage (-0.64%). Therefore, expected range of price changes of the Bytom on Thursdays is large.

The expected range of change of the Bytom for an average Friday is between 0.22% and 1.73%. This is the result of an average increase in value of 0.98% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.

The Bytom declines in value on an average Saturday with -2.12%. However, the uncertainty (or standard deviation) is quite large, namely 2.91%. This means that it is not possible to say whether on a regular Saturday the Bytom will increase or decrease in value.

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 4.37% 7.72% -3.35% to 12.09%
Monday 0.48% 1.23% -0.76% to 1.71%
Tuesday -0.49% 0.85% -1.33% to 0.36%
Wednesday 0.67% 1.76% -1.09% to 2.43%
Thursday -0.64% 0.57% -1.21% to -0.08%
Friday 0.98% 0.76% 0.22% to 1.73%
Saturday -2.12% 2.91% -5.02% to 0.79%