Bytom (BTM)

Current price: $ 0.11

24 hours price change: $ -0.000819 (-0.76%)

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 16th, 2019 to July 15th, 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 06/16/2019 and 07/15/2019.

According to the performance of Bytom between June 16th, 2019 and July 15th, 2019, Bytom performed the best on Mondays. On average, the price of Bytom increased 0.55% on Monday.

The weekday on which the Bytom performed the worst, is Friday. On Fridays, the Bytom declined in value on average by -0.12%.

Bytom weekday performance

Bytom increased in value on an average Sunday only slightly. The average increase in value of the Bytom was 0.19%. 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 (0.65%). This means that on 68 percent of the Sundays, the change in price of the Bytom is expected to be in the range of -0.47% and 0.84%.

The average increase of the Bytom on an average Monday is 0.55%. This is a small increase, however, the expected change of the Bytom in 95% of the Mondays is -0.49% and 1.58%. This means that only on 2.5% (or slightly over 1 Monday per year) the expected change of the Bytom is below -0.49%. On the other hand, you would not have to expect that the change on a single Monday will be above 1.58%. This will also only happen on 2.5% of the Mondays. On 68% of the Mondays, the increase of the Bytom will be in the range of 0.03% and 1.06%.

Bytom increased in value on an average Tuesday only slightly. The average increase in value of the Bytom was 0.03%. 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 (0.37%). This means that on 68 percent of the Tuesdays, the change in price of the Bytom is expected to be in the range of -0.34% and 0.41%.

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 -0.03%. However, the standard deviation on this weekday is 0.20%. This means that on most Wednesdays, the change in value of the Bytom is between -0.24% and 0.17%.

On an average Thursday, the Bytom increased 0.40%. However, since the expected deviation is 0.57%, the Bytom will decline in value on a Thursday quiet regularly. The expected price change of the Bytom on a Thursday is between -0.16% and 0.97%.

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 -0.12%. However, the standard deviation on this weekday is 0.43%. This means that on most Fridays, the change in value of the Bytom is between -0.56% and 0.31%.

On an average Saturday, the Bytom increased 0.45%. However, since the expected deviation is 0.73%, the Bytom will decline in value on a Saturday quiet regularly. The expected price change of the Bytom on a Saturday is between -0.27% and 1.18%.

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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday0.19%0.65%-0.47% to 0.84%
Monday0.55%0.52%0.03% to 1.06%
Tuesday0.03%0.37%-0.34% to 0.41%
Wednesday-0.03%0.20%-0.24% to 0.17%
Thursday0.40%0.57%-0.16% to 0.97%
Friday-0.12%0.43%-0.56% to 0.31%
Saturday0.45%0.73%-0.27% to 1.18%