Hedera Hashgraph (HBAR)

Current price: $ 0.04

24 hours price change: $ 0.003500 (10.61%)

Daily analysis of Hedera Hashgraph (HBAR) - all

The performance of Hedera Hashgraph regarding the price differs every day. To make the best decision to buy Hedera Hashgraph, we are analysis in this article the performance of Hedera Hashgraph on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on September 19th, 2019 to October 14th, 2019.

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

Average daily change in price of Hedera Hashgraph per weekday between 09/19/2019 and 10/14/2019.

According to the performance of Hedera Hashgraph between September 19th, 2019 and October 14th, 2019, Hedera Hashgraph performed the best on Thursdays. On average, the price of Hedera Hashgraph increased 8.04% on Thursday.

The weekday on which the Hedera Hashgraph performed the worst, is Saturday. On Saturdays, the Hedera Hashgraph declined in value on average by -6.92%.

Hedera Hashgraph weekday performance

On an average Sunday the Hedera Hashgraph shows an increase in value of 1.24%. However, the change of Hedera Hashgraph on most of the Sundays is between -2.97% and 5.44%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Hedera Hashgraphs.

The decrease in value of the Hedera Hashgraph is -4.75% on an average Monday. The uncertainty of the average change is high for the Hedera Hashgraph on Mondays. This means that it is hard to tell whether the Hedera Hashgraph will decrease or increase in value on an average Monday. If we look at the 68% range of the Hedera Hashgraph, we see that on 68% of the Mondays, the expected change of the Hedera Hashgraph is between -14.92% and 5.42%.

On an average Tuesday the Hedera Hashgraph shows a high increase in value, namely 1.80%. The standard deviation is below the average increase percentage (standard deviation is 0.68%), meaning that on 68% of the Tuesdays the Hedera Hashgraph will increase with a percentage between 1.12% and 2.48%. This also means that, on average, on 16 percent of the Tuesdays, the Hedera Hashgraph will increase with a percentage above this range. On the other 16% of the Tuesdays, the Hedera Hashgraph will change with a percentage below the 1.12%.

Allthough the Hedera Hashgraph decreases in value with -0.54% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Hedera Hashgraph on Wednesdays is 2.57%. This means that the expected change of the value of Hedera Hashgraph is between -3.11% and 2.03% on 68 out of 100 Wednesdays.

The increase in value of the Hedera Hashgraph is 8.04% on an average Thursday. However, the uncertainty on the average change is high for the Hedera Hashgraph on Thursdays. This is the reason why an expected increase of the Hedera Hashgraph on an average Thursday cannot be predicted. The standard deviation for Hedera Hashgraph on Thursdays is high, namely 12.61%. This means that the expected range of value change for the Hedera Hashgraph is -4.56% and 20.65% on 68% of the Thursdays.

On an average Friday, the Hedera Hashgraph increased 0.30%. However, since the expected deviation is 4.48%, the Hedera Hashgraph will decline in value on a Friday quiet regularly. The expected price change of the Hedera Hashgraph on a Friday is between -4.17% and 4.78%.

The decrease in value of the Hedera Hashgraph is -6.92% on an average Saturday. The uncertainty of the average change is high for the Hedera Hashgraph on Saturdays. This means that it is hard to tell whether the Hedera Hashgraph will decrease or increase in value on an average Saturday. If we look at the 68% range of the Hedera Hashgraph, we see that on 68% of the Saturdays, the expected change of the Hedera Hashgraph is between -14.98% and 1.13%.

Hedera Hashgraph weekday performance details

Find below the details of the performance of Hedera Hashgraph 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 1.24% 4.20% -2.97% to 5.44%
Monday -4.75% 10.17% -14.92% to 5.42%
Tuesday 1.80% 0.68% 1.12% to 2.48%
Wednesday -0.54% 2.57% -3.11% to 2.03%
Thursday 8.04% 12.61% -4.56% to 20.65%
Friday 0.30% 4.48% -4.17% to 4.78%
Saturday -6.92% 8.05% -14.98% to 1.13%