Hedera Hashgraph (HBAR)

Current price: $ 0.34

24 hours price change: $ -0.02 (-4.33%)

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 December 2nd, 2020 to December 2nd, 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 12/02/2020 and 12/02/2021.

According to the performance of Hedera Hashgraph between December 2nd, 2020 and December 2nd, 2021, Hedera Hashgraph performed the best on Mondays. On average, the price of Hedera Hashgraph increased 0.76% on Monday.

The weekday on which the Hedera Hashgraph performed the worst, is Friday. On Fridays, the Hedera Hashgraph declined in value on average by -0.35%.

Hedera Hashgraph weekday performance

Hedera Hashgraph increased in value on an average Sunday only slightly. The average increase in value of the Hedera Hashgraph was 0.13%. 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 (2.65%). This means that on 68 percent of the Sundays, the change in price of the Hedera Hashgraph is expected to be in the range of -2.52% and 2.79%.

Historical performance on Monday 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 Monday with 0.76%. However, the uncertainty of this increase is high. The expected change in value of the Hedera Hashgraph on a Monday is between -2.58% and 4.10% (see also the table below).

Hedera Hashgraph increased in value on an average Tuesday only slightly. The average increase in value of the Hedera Hashgraph was 0.28%. 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 (6.62%). 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 -6.35% and 6.90%.

Hedera Hashgraph increased in value on an average Wednesday only slightly. The average increase in value of the Hedera Hashgraph was 0.23%. 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 (3.43%). This means that on 68 percent of the Wednesdays, the change in price of the Hedera Hashgraph is expected to be in the range of -3.20% and 3.66%.

On an average Thursday, the Hedera Hashgraph increased 0.33%. However, since the expected deviation is 3.75%, 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 -3.42% and 4.07%.

Allthough the Hedera Hashgraph decreases in value with -0.35% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Hedera Hashgraph on Fridays is 4.61%. This means that the expected change of the value of Hedera Hashgraph is between -4.97% and 4.26% on 68 out of 100 Fridays.

Hedera Hashgraph increased in value on an average Saturday only slightly. The average increase in value of the Hedera Hashgraph was 0.07%. 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 (2.02%). This means that on 68 percent of the Saturdays, the change in price of the Hedera Hashgraph is expected to be in the range of -1.94% and 2.09%.

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 0.13% 2.65% -2.52% to 2.79%
Monday 0.76% 3.34% -2.58% to 4.10%
Tuesday 0.28% 6.62% -6.35% to 6.90%
Wednesday 0.23% 3.43% -3.20% to 3.66%
Thursday 0.33% 3.75% -3.42% to 4.07%
Friday -0.35% 4.61% -4.97% to 4.26%
Saturday 0.07% 2.02% -1.94% to 2.09%
 

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