Hedera Hashgraph (HBAR)

Current price: $ 0.04

24 hours price change: $ -0.004770 (-11.20%)

Daily analysis of Hedera Hashgraph (HBAR) - 1 year

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 year, starting on September 19th, 2019 to February 23rd, 2020.

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 09/19/2019 and 02/23/2020.

According to the performance of Hedera Hashgraph between September 19th, 2019 and February 23rd, 2020, Hedera Hashgraph performed the best on Thursdays. On average, the price of Hedera Hashgraph increased 0.99% on Thursday.

The weekday on which the Hedera Hashgraph performed the worst, is Saturday. On Saturdays, the Hedera Hashgraph declined in value on average by -1.51%.

Hedera Hashgraph weekday performance

Historical performance on Sunday 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 Sunday with 0.64%. However, the uncertainty of this increase is high. The expected change in value of the Hedera Hashgraph on a Sunday is between -2.23% and 3.51% (see also the table below).

The Hedera Hashgraph declines in value on an average Monday with -1.05%. However, the uncertainty (or standard deviation) is quite large, namely 4.94%. 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 -0.03%. However, the standard deviation on this weekday is 2.15%. This means that on most Tuesdays, the change in value of the Hedera Hashgraph is between -2.18% and 2.12%.

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 -0.19%. However, the standard deviation on this weekday is 1.87%. This means that on most Wednesdays, the change in value of the Hedera Hashgraph is between -2.06% and 1.68%.

Historical performance on Thursday 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 Thursday with 0.99%. However, the uncertainty of this increase is high. The expected change in value of the Hedera Hashgraph on a Thursday is between -5.48% and 7.46% (see also the table below).

Hedera Hashgraph increased in value on an average Friday only slightly. The average increase in value of the Hedera Hashgraph was 0.06%. 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 (2.31%). This means that on 68 percent of the Fridays, the change in price of the Hedera Hashgraph is expected to be in the range of -2.25% and 2.36%.

The Hedera Hashgraph declines in value on an average Saturday with -1.51%. However, the uncertainty (or standard deviation) is quite large, namely 4.36%. This means that it is not possible to say whether on a regular Saturday the Hedera Hashgraph will increase or decrease in value.

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 0.64% 2.87% -2.23% to 3.51%
Monday -1.05% 4.94% -5.99% to 3.89%
Tuesday -0.03% 2.15% -2.18% to 2.12%
Wednesday -0.19% 1.87% -2.06% to 1.68%
Thursday 0.99% 6.47% -5.48% to 7.46%
Friday 0.06% 2.31% -2.25% to 2.36%
Saturday -1.51% 4.36% -5.87% to 2.85%
 

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