HedgeTrade (HEDG)

Current price: $ 0.80

24 hours price change: - (-)

Daily analysis of HedgeTrade (HEDG) - all

The performance of HedgeTrade regarding the price differs every day. To make the best decision to buy HedgeTrade, we are analysis in this article the performance of HedgeTrade on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on June 27th, 2019 to September 21st, 2019.

In the barchart below, the weekdays and average performance of HedgeTrade are shown side by side.

Average daily change in price of HedgeTrade per weekday between 06/27/2019 and 09/21/2019.

According to the performance of HedgeTrade between June 27th, 2019 and September 21st, 2019, HedgeTrade performed the best on Thursdays. On average, the price of HedgeTrade increased 3,192.57% on Thursday.

The weekday on which the HedgeTrade performed the worst, is Saturday. On Saturdays, the HedgeTrade declined in value on average by -2.46%.

HedgeTrade weekday performance

On an average Sunday the HedgeTrade shows an increase in value of 2.14%. However, the change of HedgeTrade on most of the Sundays is between -1.29% and 5.58%. Therefore it is hard to tell whether an average Sunday is a good day to start buying HedgeTrades.

Allthough the HedgeTrade decreases in value with -0.32% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of HedgeTrade on Mondays is 5.92%. This means that the expected change of the value of HedgeTrade is between -6.24% and 5.59% on 68 out of 100 Mondays.

It is hard to tell whether the HedgeTrade will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the HedgeTrade is -0.06%. However, the standard deviation on this weekday is 3.80%. This means that on most Tuesdays, the change in value of the HedgeTrade is between -3.86% and 3.75%.

The increase in value of the HedgeTrade is 3.33% on an average Wednesday. However, the uncertainty on the average change is high for the HedgeTrade on Wednesdays. This is the reason why an expected increase of the HedgeTrade on an average Wednesday cannot be predicted. The standard deviation for HedgeTrade on Wednesdays is high, namely 9.70%. This means that the expected range of value change for the HedgeTrade is -6.37% and 13.03% on 68% of the Wednesdays.

The increase in value of the HedgeTrade is 3,192.57% on an average Thursday. However, the uncertainty on the average change is high for the HedgeTrade on Thursdays. This is the reason why an expected increase of the HedgeTrade on an average Thursday cannot be predicted. The standard deviation for HedgeTrade on Thursdays is high, namely 11,058.96%. This means that the expected range of value change for the HedgeTrade is -7,866.39% and 14,251.52% on 68% of the Thursdays.

It is hard to tell whether the HedgeTrade will increase or decrease in value on an average Friday. The average change on a Friday for the HedgeTrade is -0.20%. However, the standard deviation on this weekday is 2.58%. This means that on most Fridays, the change in value of the HedgeTrade is between -2.78% and 2.38%.

The HedgeTrade declines in value on an average Saturday with -2.46%. However, the uncertainty (or standard deviation) is quite large, namely 6.11%. This means that it is not possible to say whether on a regular Saturday the HedgeTrade will increase or decrease in value.

HedgeTrade weekday performance details

Find below the details of the performance of HedgeTrade 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 2.14% 3.44% -1.29% to 5.58%
Monday -0.32% 5.92% -6.24% to 5.59%
Tuesday -0.06% 3.80% -3.86% to 3.75%
Wednesday 3.33% 9.70% -6.37% to 13.03%
Thursday 3,192.57% 11,058.96% -7,866.39% to 14,251.52%
Friday -0.20% 2.58% -2.78% to 2.38%
Saturday -2.46% 6.11% -8.57% to 3.65%