Hedera Hashgraph (HBAR)

Current price: $ 0.04

24 hours price change: $ -0.006040 (-12.39%)

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 February 15th, 2020.

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 02/15/2020.

According to the performance of Hedera Hashgraph between September 19th, 2019 and February 15th, 2020, Hedera Hashgraph performed the best on Thursdays. On average, the price of Hedera Hashgraph increased 1.08% 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 -1.57%.

Hedera Hashgraph weekday performance

Hedera Hashgraph increased in value on an average Sunday only slightly. The average increase in value of the Hedera Hashgraph was 0.20%. Allthough the Hedera Hashgraph closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.29%). This means that on 68 percent of the Sundays, the change in price of the Hedera Hashgraph is expected to be in the range of -2.08% and 2.49%.

On Mondays, the Hedera Hashgraph decreases in value on average with -0.97%. On most of the Mondays the Hedera Hashgraph decreases in value between -6.01% and 4.07%. The uncertainty (5.04%) is higher than the average decline percentage (-0.97%). Therefore, expected range of price changes of the Hedera Hashgraph on Mondays is large.

Hedera Hashgraph increased in value on an average Tuesday only slightly. The average increase in value of the Hedera Hashgraph was 0.02%. Allthough the Hedera Hashgraph closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.19%). This means that on 68 percent of the Tuesdays, the change in price of the Hedera Hashgraph is expected to be in the range of -2.17% and 2.21%.

Allthough the Hedera Hashgraph decreases in value with -0.36% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Hedera Hashgraph on Wednesdays is 1.73%. This means that the expected change of the value of Hedera Hashgraph is between -2.09% and 1.37% on 68 out of 100 Wednesdays.

On an average Thursday the Hedera Hashgraph shows an increase in value of 1.08%. However, the change of Hedera Hashgraph on most of the Thursdays is between -5.52% and 7.68%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Hedera Hashgraphs.

Hedera Hashgraph increased in value on an average Friday only slightly. The average increase in value of the Hedera Hashgraph was 0.09%. Allthough the Hedera Hashgraph closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.35%). This means that on 68 percent of the Fridays, the change in price of the Hedera Hashgraph is expected to be in the range of -2.27% and 2.44%.

The Hedera Hashgraph declines in value on an average Saturday with -1.57%. However, the uncertainty (or standard deviation) is quite large, namely 4.45%. This means that it is not possible to say whether on a regular Saturday the Hedera Hashgraph will increase or decrease in value.

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 0.20% 2.29% -2.08% to 2.49%
Monday -0.97% 5.04% -6.01% to 4.07%
Tuesday 0.02% 2.19% -2.17% to 2.21%
Wednesday -0.36% 1.73% -2.09% to 1.37%
Thursday 1.08% 6.60% -5.52% to 7.68%
Friday 0.09% 2.35% -2.27% to 2.44%
Saturday -1.57% 4.45% -6.01% to 2.88%
 

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