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 1 month, starting on November 11th, 2023 to December 10th, 2023.
In the barchart below, the weekdays and average performance of HedgeTrade are shown side by side.
According to the performance of HedgeTrade between November 11th, 2023 and December 10th, 2023, HedgeTrade performed the best on Wednesdays. On average, the price of HedgeTrade increased 0.35% on Wednesday.
The weekday on which the HedgeTrade performed the worst, is Tuesday. On Tuesdays, the HedgeTrade declined in value on average by -5.66%.
HedgeTrade weekday performance
It is hard to tell whether the HedgeTrade will increase or decrease in value on an average Sunday. The average change on a Sunday for the HedgeTrade is -0.15%. However, the standard deviation on this weekday is 0.26%. This means that on most Sundays, the change in value of the HedgeTrade is between -0.41% and 0.12%.
HedgeTrade increased in value on an average Monday only slightly. The average increase in value of the HedgeTrade was 0.17%. Allthough the HedgeTrade closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.30%). This means that on 68 percent of the Mondays, the change in price of the HedgeTrade is expected to be in the range of -0.13% and 0.47%.
The decrease in value of the HedgeTrade is -5.66% on an average Tuesday. The uncertainty of the average change is high for the HedgeTrade on Tuesdays. This means that it is hard to tell whether the HedgeTrade will decrease or increase in value on an average Tuesday. If we look at the 68% range of the HedgeTrade, we see that on 68% of the Tuesdays, the expected change of the HedgeTrade is between -15.06% and 3.73%.
On an average Wednesday, the HedgeTrade increased 0.35%. However, since the expected deviation is 0.39%, the HedgeTrade will decline in value on a Wednesday quiet regularly. The expected price change of the HedgeTrade on a Wednesday is between -0.05% and 0.74%.
It is hard to tell whether the HedgeTrade will increase or decrease in value on an average Thursday. The average change on a Thursday for the HedgeTrade is -0.14%. However, the standard deviation on this weekday is 0.18%. This means that on most Thursdays, the change in value of the HedgeTrade is between -0.32% and 0.04%.
HedgeTrade increased in value on an average Friday only slightly. The average increase in value of the HedgeTrade was 0.19%. Allthough the HedgeTrade closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.29%). This means that on 68 percent of the Fridays, the change in price of the HedgeTrade is expected to be in the range of -0.10% and 0.48%.
It is hard to tell whether the HedgeTrade will increase or decrease in value on an average Saturday. The average change on a Saturday for the HedgeTrade is -0.08%. However, the standard deviation on this weekday is 0.24%. This means that on most Saturdays, the change in value of the HedgeTrade is between -0.32% and 0.15%.
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 | -0.15% | 0.26% | -0.41% to 0.12% |
| Monday | 0.17% | 0.30% | -0.13% to 0.47% |
| Tuesday | -5.66% | 9.39% | -15.06% to 3.73% |
| Wednesday | 0.35% | 0.39% | -0.05% to 0.74% |
| Thursday | -0.14% | 0.18% | -0.32% to 0.04% |
| Friday | 0.19% | 0.29% | -0.10% to 0.48% |
| Saturday | -0.08% | 0.24% | -0.32% to 0.15% |