Hedera Hashgraph (HBAR)

Current price: $ 0.30

24 hours price change: $ -0.02 (-5.37%)

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 April 17th, 2021 to May 17th, 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 04/17/2021 and 05/17/2021.

According to the performance of Hedera Hashgraph between April 17th, 2021 and May 17th, 2021, Hedera Hashgraph performed the best on Mondays. On average, the price of Hedera Hashgraph increased 3.17% on Monday.

The weekday on which the Hedera Hashgraph performed the worst, is Wednesday. On Wednesdays, the Hedera Hashgraph declined in value on average by -1.54%.

Hedera Hashgraph weekday performance

On an average Sunday the Hedera Hashgraph shows an increase in value of 1.41%. However, the change of Hedera Hashgraph on most of the Sundays is between -0.36% and 3.19%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Hedera Hashgraphs.

The increase in value of the Hedera Hashgraph is 3.17% on an average Monday. However, the uncertainty on the average change is high for the Hedera Hashgraph on Mondays. This is the reason why an expected increase of the Hedera Hashgraph on an average Monday cannot be predicted. The standard deviation for Hedera Hashgraph on Mondays is high, namely 6.35%. This means that the expected range of value change for the Hedera Hashgraph is -3.18% and 9.52% on 68% of the Mondays.

On an average Tuesday the Hedera Hashgraph shows an increase in value of 1.83%. However, the change of Hedera Hashgraph on most of the Tuesdays is between -0.84% and 4.50%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Hedera Hashgraphs.

The Hedera Hashgraph declines in value on an average Wednesday with -1.54%. However, the uncertainty (or standard deviation) is quite large, namely 2.25%. This means that it is not possible to say whether on a regular Wednesday the Hedera Hashgraph will increase or decrease in value.

The Hedera Hashgraph declines in value on an average Thursday with -1.23%. However, the uncertainty (or standard deviation) is quite large, namely 2.18%. This means that it is not possible to say whether on a regular Thursday the Hedera Hashgraph will increase or decrease in value.

Historical performance on Friday do not show an increase in value of the Hedera Hashgraph on which a prediction can be made. The Hedera Hashgraph increased in value on average on an average Friday with 0.61%. However, the uncertainty of this increase is high. The expected change in value of the Hedera Hashgraph on a Friday is between -1.73% and 2.95% (see also the table below).

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 -0.28%. However, the standard deviation on this weekday is 0.53%. This means that on most Saturdays, the change in value of the Hedera Hashgraph is between -0.81% and 0.25%.

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 1.41% 1.78% -0.36% to 3.19%
Monday 3.17% 6.35% -3.18% to 9.52%
Tuesday 1.83% 2.67% -0.84% to 4.50%
Wednesday -1.54% 2.25% -3.79% to 0.71%
Thursday -1.23% 2.18% -3.41% to 0.96%
Friday 0.61% 2.34% -1.73% to 2.95%
Saturday -0.28% 0.53% -0.81% to 0.25%
 

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