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 February 23rd, 2023 to March 23rd, 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 February 23rd, 2023 and March 23rd, 2023, Hedera Hashgraph performed the best on Saturdays. On average, the price of Hedera Hashgraph increased 0.96% on Saturday.
The weekday on which the Hedera Hashgraph performed the worst, is Friday. On Fridays, the Hedera Hashgraph declined in value on average by -1.25%.
Hedera Hashgraph weekday performance
On an average Sunday, the Hedera Hashgraph increased 0.30%. However, since the expected deviation is 1.01%, the Hedera Hashgraph will decline in value on a Sunday quiet regularly. The expected price change of the Hedera Hashgraph on a Sunday is between -0.71% and 1.31%.
It is hard to tell whether the Hedera Hashgraph will increase or decrease in value on an average Monday. The average change on a Monday for the Hedera Hashgraph is -0.08%. However, the standard deviation on this weekday is 0.90%. This means that on most Mondays, the change in value of the Hedera Hashgraph is between -0.98% and 0.81%.
Hedera Hashgraph increased in value on an average Tuesday only slightly. The average increase in value of the Hedera Hashgraph was 0.04%. 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 (0.90%). 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 -0.86% and 0.94%.
It is hard to tell whether the Hedera Hashgraph will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Hedera Hashgraph is -0.29%. However, the standard deviation on this weekday is 0.89%. This means that on most Wednesdays, the change in value of the Hedera Hashgraph is between -1.18% and 0.61%.
On Thursdays, the Hedera Hashgraph decreases in value on average with -0.78%. On most of the Thursdays the Hedera Hashgraph decreases in value between -1.22% and -0.34%. The uncertainty (0.44%) is higher than the average decline percentage (-0.78%). Therefore, expected range of price changes of the Hedera Hashgraph on Thursdays is large.
The Hedera Hashgraph declines in value on an average Friday with -1.25%. However, the uncertainty (or standard deviation) is quite large, namely 0.91%. This means that it is not possible to say whether on a regular Friday the Hedera Hashgraph will increase or decrease in value.
The expected range of change of the Hedera Hashgraph for an average Saturday is between 0.40% and 1.51%. This is the result of an average increase in value of 0.96% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.
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||0.30%||1.01%||-0.71% to 1.31%|
|Monday||-0.08%||0.90%||-0.98% to 0.81%|
|Tuesday||0.04%||0.90%||-0.86% to 0.94%|
|Wednesday||-0.29%||0.89%||-1.18% to 0.61%|
|Thursday||-0.78%||0.44%||-1.22% to -0.34%|
|Friday||-1.25%||0.91%||-2.15% to -0.34%|
|Saturday||0.96%||0.55%||0.40% to 1.51%|