Hedera Hashgraph (HBAR)

Current price: $ 0.31

24 hours price change: $ -0.03 (-8.69%)

Daily analysis of Hedera Hashgraph (HBAR) - 1 month

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 August 28th, 2021 to September 28th, 2021.

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 08/28/2021 and 09/28/2021.

According to the performance of Hedera Hashgraph between August 28th, 2021 and September 28th, 2021, Hedera Hashgraph performed the best on Wednesdays. On average, the price of Hedera Hashgraph increased 0.52% on Wednesday.

The weekday on which the Hedera Hashgraph performed the worst, is Monday. On Mondays, the Hedera Hashgraph declined in value on average by -0.79%.

Hedera Hashgraph weekday performance

Allthough the Hedera Hashgraph decreases in value with -0.35% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Hedera Hashgraph on Sundays is 0.44%. This means that the expected change of the value of Hedera Hashgraph is between -0.79% and 0.10% on 68 out of 100 Sundays.

On Mondays, the Hedera Hashgraph decreases in value on average with -0.79%. On most of the Mondays the Hedera Hashgraph decreases in value between -1.91% and 0.32%. The uncertainty (1.11%) is higher than the average decline percentage (-0.79%). 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 0.27%. 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 (1.34%). 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 -1.08% and 1.61%.

On an average Wednesday, the Hedera Hashgraph increased 0.52%. However, since the expected deviation is 0.75%, the Hedera Hashgraph will decline in value on a Wednesday quiet regularly. The expected price change of the Hedera Hashgraph on a Wednesday is between -0.23% and 1.28%.

It is hard to tell whether the Hedera Hashgraph will increase or decrease in value on an average Thursday. The average change on a Thursday for the Hedera Hashgraph is -0.08%. However, the standard deviation on this weekday is 0.42%. This means that on most Thursdays, the change in value of the Hedera Hashgraph is between -0.49% and 0.34%.

It is hard to tell whether the Hedera Hashgraph will increase or decrease in value on an average Friday. The average change on a Friday for the Hedera Hashgraph is -0.04%. However, the standard deviation on this weekday is 0.22%. This means that on most Fridays, the change in value of the Hedera Hashgraph is between -0.26% and 0.19%.

It is hard to tell whether the Hedera Hashgraph will increase or decrease in value on an average Saturday. The average change on a Saturday for the Hedera Hashgraph is -0.12%. However, the standard deviation on this weekday is 0.17%. This means that on most Saturdays, the change in value of the Hedera Hashgraph is between -0.30% and 0.05%.

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 -0.35% 0.44% -0.79% to 0.10%
Monday -0.79% 1.11% -1.91% to 0.32%
Tuesday 0.27% 1.34% -1.08% to 1.61%
Wednesday 0.52% 0.75% -0.23% to 1.28%
Thursday -0.08% 0.42% -0.49% to 0.34%
Friday -0.04% 0.22% -0.26% to 0.19%
Saturday -0.12% 0.17% -0.30% to 0.05%
 

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