HedgeTrade (HEDG)

Current price: $ 0.10

24 hours price change: - (-)

Daily analysis of HedgeTrade (HEDG) - 1 month

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 6th, 2022 to December 6th, 2022.

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 11/06/2022 and 12/06/2022.

According to the performance of HedgeTrade between November 6th, 2022 and December 6th, 2022, HedgeTrade performed the best on Saturdays. On average, the price of HedgeTrade increased 1.31% on Saturday.

The weekday on which the HedgeTrade performed the worst, is Wednesday. On Wednesdays, the HedgeTrade rose in value on average by 0.11%. The price still increased on Wednesdays, allthough it was the smallest increase of all days on average.

HedgeTrade weekday performance

Historical performance on Sunday do not show an increase in value of the HedgeTrade on which a prediction can be made. The HedgeTrade increased in value on average on an average Sunday with 0.97%. However, the uncertainty of this increase is high. The expected change in value of the HedgeTrade on a Sunday is between -2.04% and 3.98% (see also the table below).

On an average Monday the HedgeTrade shows an increase in value of 1.30%. However, the change of HedgeTrade on most of the Mondays is between -1.55% and 4.14%. Therefore it is hard to tell whether an average Monday is a good day to start buying HedgeTrades.

On an average Tuesday the HedgeTrade shows an increase in value of 1.27%. However, the change of HedgeTrade on most of the Tuesdays is between -1.51% and 4.04%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying HedgeTrades.

HedgeTrade increased in value on an average Wednesday only slightly. The average increase in value of the HedgeTrade was 0.11%. 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 (1.45%). This means that on 68 percent of the Wednesdays, the change in price of the HedgeTrade is expected to be in the range of -1.33% and 1.56%.

On an average Thursday, the HedgeTrade increased 0.51%. However, since the expected deviation is 0.90%, the HedgeTrade will decline in value on a Thursday quiet regularly. The expected price change of the HedgeTrade on a Thursday is between -0.39% and 1.41%.

On an average Friday, the HedgeTrade increased 0.47%. However, since the expected deviation is 0.79%, the HedgeTrade will decline in value on a Friday quiet regularly. The expected price change of the HedgeTrade on a Friday is between -0.33% and 1.26%.

On an average Saturday the HedgeTrade shows an increase in value of 1.31%. However, the change of HedgeTrade on most of the Saturdays is between -1.48% and 4.10%. Therefore it is hard to tell whether an average Saturday is a good day to start buying HedgeTrades.

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 0.97% 3.01% -2.04% to 3.98%
Monday 1.30% 2.84% -1.55% to 4.14%
Tuesday 1.27% 2.77% -1.51% to 4.04%
Wednesday 0.11% 1.45% -1.33% to 1.56%
Thursday 0.51% 0.90% -0.39% to 1.41%
Friday 0.47% 0.79% -0.33% to 1.26%
Saturday 1.31% 2.79% -1.48% to 4.10%
 

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