Bytom (BTM)

Current price: $ 0.06

24 hours price change: $ -0.004790 (-7.78%)

Daily analysis of Bytom (BTM) - 6 months

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 6 months, starting on March 20th, 2021 to September 20th, 2021.

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 03/20/2021 and 09/20/2021.

According to the performance of Bytom between March 20th, 2021 and September 20th, 2021, Bytom performed the best on Wednesdays. On average, the price of Bytom increased 1.23% on Wednesday.

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

Historical performance on Sunday 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 Sunday with 0.61%. However, the uncertainty of this increase is high. The expected change in value of the Bytom on a Sunday is between -1.08% and 2.31% (see also the table below).

On an average Monday the Bytom shows an increase in value of 1.01%. However, the change of Bytom on most of the Mondays is between -3.27% and 5.29%. Therefore it is hard to tell whether an average Monday is a good day to start buying Bytoms.

On an average Tuesday the Bytom shows an increase in value of 1.15%. However, the change of Bytom on most of the Tuesdays is between -2.42% and 4.72%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Bytoms.

On an average Wednesday the Bytom shows an increase in value of 1.23%. However, the change of Bytom on most of the Wednesdays is between -3.90% and 6.35%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Bytoms.

Bytom increased in value on an average Thursday only slightly. The average increase in value of the Bytom was 0.29%. 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 (2.06%). This means that on 68 percent of the Thursdays, the change in price of the Bytom is expected to be in the range of -1.76% and 2.35%.

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 3.53%. This means that on most Fridays, the change in value of the Bytom is between -3.65% and 3.40%.

Bytom increased in value on an average Saturday only slightly. The average increase in value of the Bytom was 0.05%. 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 (0.77%). This means that on 68 percent of the Saturdays, the change in price of the Bytom is expected to be in the range of -0.72% and 0.82%.

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 0.61% 1.70% -1.08% to 2.31%
Monday 1.01% 4.28% -3.27% to 5.29%
Tuesday 1.15% 3.57% -2.42% to 4.72%
Wednesday 1.23% 5.13% -3.90% to 6.35%
Thursday 0.29% 2.06% -1.76% to 2.35%
Friday -0.12% 3.53% -3.65% to 3.40%
Saturday 0.05% 0.77% -0.72% to 0.82%
 

About Us

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.