Bytom (BTM)

Current price: $ 0.007929

24 hours price change: $ -0.000046 (-0.58%)

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 June 13th, 2024 to July 13th, 2024.

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 06/13/2024 and 07/13/2024.

According to the performance of Bytom between June 13th, 2024 and July 13th, 2024, Bytom performed the best on Thursdays. On average, the price of Bytom increased 0.88% on Thursday.

The weekday on which the Bytom performed the worst, is Sunday. On Sundays, the Bytom declined in value on average by -2.30%.

Bytom weekday performance

The Bytom declines in value on an average Sunday with -2.30%. However, the uncertainty (or standard deviation) is quite large, namely 3.77%. This means that it is not possible to say whether on a regular Sunday the Bytom will increase or decrease in value.

Bytom increased in value on an average Monday only slightly. The average increase in value of the Bytom was 0.04%. Allthough the Bytom closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.07%). This means that on 68 percent of the Mondays, the change in price of the Bytom is expected to be in the range of -0.03% and 0.11%.

It is hard to tell whether the Bytom will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Bytom is 0.00%. However, the standard deviation on this weekday is 0.00%. This means that on most Tuesdays, the change in value of the Bytom is between -0.01% and 0.00%.

Bytom increased in value on an average Wednesday only slightly. The average increase in value of the Bytom was 0.01%. Allthough the Bytom closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.04%). This means that on 68 percent of the Wednesdays, the change in price of the Bytom is expected to be in the range of -0.03% and 0.05%.

Historical performance on Thursday 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 Thursday with 0.88%. However, the uncertainty of this increase is high. The expected change in value of the Bytom on a Thursday is between -0.72% and 2.49% (see also the table below).

Allthough the Bytom decreases in value with -0.58% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Bytom on Fridays is 1.17%. This means that the expected change of the value of Bytom is between -1.75% and 0.59% on 68 out of 100 Fridays.

Bytom increased in value on an average Saturday only slightly. The average increase in value of the Bytom was 0.02%. Allthough the Bytom closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.02%). This means that on 68 percent of the Saturdays, the change in price of the Bytom is expected to be in the range of -0.01% and 0.04%.

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 -2.30% 3.77% -6.07% to 1.47%
Monday 0.04% 0.07% -0.03% to 0.11%
Tuesday 0.00% 0.00% -0.01% to 0.00%
Wednesday 0.01% 0.04% -0.03% to 0.05%
Thursday 0.88% 1.61% -0.72% to 2.49%
Friday -0.58% 1.17% -1.75% to 0.59%
Saturday 0.02% 0.02% -0.01% to 0.04%
 

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