Hedera Hashgraph (HBAR)

Current price: $ 0.11

24 hours price change: $ 0.11 (inf%)

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 January 28th, 2021 to February 25th, 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 01/28/2021 and 02/25/2021.

According to the performance of Hedera Hashgraph between January 28th, 2021 and February 25th, 2021, Hedera Hashgraph performed the best on Thursdays. On average, the price of Hedera Hashgraph increased 0.53% on Thursday.

The weekday on which the Hedera Hashgraph performed the worst, is Monday. On Mondays, the Hedera Hashgraph declined in value on average by -1.37%.

Hedera Hashgraph weekday performance

On Sundays, the Hedera Hashgraph decreases in value on average with -0.88%. On most of the Sundays the Hedera Hashgraph decreases in value between -3.86% and 2.09%. The uncertainty (2.98%) is higher than the average decline percentage (-0.88%). Therefore, expected range of price changes of the Hedera Hashgraph on Sundays is large.

The Hedera Hashgraph declines in value on an average Monday with -1.37%. However, the uncertainty (or standard deviation) is quite large, namely 1.24%. This means that it is not possible to say whether on a regular Monday the Hedera Hashgraph will increase or decrease in value.

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 -0.01%. However, the standard deviation on this weekday is 0.61%. This means that on most Tuesdays, the change in value of the Hedera Hashgraph is between -0.62% and 0.60%.

On Wednesdays, the Hedera Hashgraph decreases in value on average with -0.77%. On most of the Wednesdays the Hedera Hashgraph decreases in value between -3.31% and 1.77%. The uncertainty (2.54%) is higher than the average decline percentage (-0.77%). Therefore, expected range of price changes of the Hedera Hashgraph on Wednesdays is large.

On an average Thursday, the Hedera Hashgraph increased 0.53%. However, since the expected deviation is 2.81%, 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 -2.28% and 3.35%.

On Fridays, the Hedera Hashgraph decreases in value on average with -0.73%. On most of the Fridays the Hedera Hashgraph decreases in value between -6.17% and 4.72%. The uncertainty (5.45%) is higher than the average decline percentage (-0.73%). Therefore, expected range of price changes of the Hedera Hashgraph on Fridays is large.

On Saturdays, the Hedera Hashgraph decreases in value on average with -0.65%. On most of the Saturdays the Hedera Hashgraph decreases in value between -2.62% and 1.31%. The uncertainty (1.96%) is higher than the average decline percentage (-0.65%). Therefore, expected range of price changes of the Hedera Hashgraph on Saturdays is large.

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 -0.88% 2.98% -3.86% to 2.09%
Monday -1.37% 1.24% -2.61% to -0.13%
Tuesday -0.01% 0.61% -0.62% to 0.60%
Wednesday -0.77% 2.54% -3.31% to 1.77%
Thursday 0.53% 2.81% -2.28% to 3.35%
Friday -0.73% 5.45% -6.17% to 4.72%
Saturday -0.65% 1.96% -2.62% to 1.31%
 

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