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 1 month, starting on November 9th, 2023 to December 9th, 2023.
In the barchart below, the weekdays and average performance of Hedera Hashgraph are shown side by side.
According to the performance of Hedera Hashgraph between November 9th, 2023 and December 9th, 2023, Hedera Hashgraph performed the best on Wednesdays. On average, the price of Hedera Hashgraph increased 2.06% on Wednesday.
The weekday on which the Hedera Hashgraph performed the worst, is Sunday. On Sundays, the Hedera Hashgraph declined in value on average by -0.84%.
Hedera Hashgraph weekday performance
On Sundays, the Hedera Hashgraph decreases in value on average with -0.84%. On most of the Sundays the Hedera Hashgraph decreases in value between -1.65% and -0.03%. The uncertainty (0.81%) is higher than the average decline percentage (-0.84%). Therefore, expected range of price changes of the Hedera Hashgraph on Sundays is large.
On an average Monday the Hedera Hashgraph shows an increase in value of 1.30%. However, the change of Hedera Hashgraph on most of the Mondays is between -0.43% and 3.04%. Therefore it is hard to tell whether an average Monday is a good day to start buying Hedera Hashgraphs.
It is hard to tell whether the Hedera Hashgraph will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Hedera Hashgraph is -0.07%. However, the standard deviation on this weekday is 1.64%. This means that on most Tuesdays, the change in value of the Hedera Hashgraph is between -1.71% and 1.57%.
On an average Wednesday the Hedera Hashgraph shows a high increase in value, namely 2.06%. The standard deviation is below the average increase percentage (standard deviation is 1.90%), meaning that on 68% of the Wednesdays the Hedera Hashgraph will increase with a percentage between 0.15% and 3.96%. This also means that, on average, on 16 percent of the Wednesdays, the Hedera Hashgraph will increase with a percentage above this range. On the other 16% of the Wednesdays, the Hedera Hashgraph will change with a percentage below the 0.15%.
On an average Thursday, the Hedera Hashgraph increased 0.50%. However, since the expected deviation is 0.50%, the Hedera Hashgraph will decline in value on a Thursday quiet regularly. The expected price change of the Hedera Hashgraph on a Thursday is between 0.00% and 1.00%.
On an average Friday, the Hedera Hashgraph increased 0.33%. However, since the expected deviation is 0.94%, 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 -0.61% and 1.27%.
Hedera Hashgraph increased in value on an average Saturday only slightly. The average increase in value of the Hedera Hashgraph was 0.24%. 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 (0.43%). This means that on 68 percent of the Saturdays, the change in price of the Hedera Hashgraph is expected to be in the range of -0.19% and 0.67%.
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||-0.84%||0.81%||-1.65% to -0.03%|
|Monday||1.30%||1.74%||-0.43% to 3.04%|
|Tuesday||-0.07%||1.64%||-1.71% to 1.57%|
|Wednesday||2.06%||1.90%||0.15% to 3.96%|
|Thursday||0.50%||0.50%||0.00% to 1.00%|
|Friday||0.33%||0.94%||-0.61% to 1.27%|
|Saturday||0.24%||0.43%||-0.19% to 0.67%|