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 May 3rd, 2023 to June 3rd, 2023.
In the barchart below, the weekdays and average performance of HedgeTrade are shown side by side.
According to the performance of HedgeTrade between May 3rd, 2023 and June 3rd, 2023, HedgeTrade performed the best on Fridays. On average, the price of HedgeTrade increased 1.89% on Friday.
The weekday on which the HedgeTrade performed the worst, is Tuesday. On Tuesdays, the HedgeTrade declined in value on average by -0.01%.
HedgeTrade weekday performance
HedgeTrade increased in value on an average Sunday only slightly. The average increase in value of the HedgeTrade was 0.02%. 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 (0.02%). This means that on 68 percent of the Sundays, the change in price of the HedgeTrade is expected to be in the range of 0.00% and 0.04%.
HedgeTrade increased in value on an average Monday only slightly. The average increase in value of the HedgeTrade was 0.00%. 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 (0.06%). This means that on 68 percent of the Mondays, the change in price of the HedgeTrade is expected to be in the range of -0.05% and 0.06%.
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 -0.01%. However, the standard deviation on this weekday is 0.03%. This means that on most Tuesdays, the change in value of the HedgeTrade is between -0.04% and 0.02%.
HedgeTrade increased in value on an average Wednesday only slightly. The average increase in value of the HedgeTrade was 0.02%. 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 (0.04%). This means that on 68 percent of the Wednesdays, the change in price of the HedgeTrade is expected to be in the range of -0.02% and 0.06%.
HedgeTrade increased in value on an average Thursday only slightly. The average increase in value of the HedgeTrade was 0.02%. 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 (0.03%). This means that on 68 percent of the Thursdays, the change in price of the HedgeTrade is expected to be in the range of -0.01% and 0.05%.
On an average Friday the HedgeTrade shows an increase in value of 1.89%. However, the change of HedgeTrade on most of the Fridays is between -1.88% and 5.66%. Therefore it is hard to tell whether an average Friday is a good day to start buying HedgeTrades.
HedgeTrade increased in value on an average Saturday only slightly. The average increase in value of the HedgeTrade was 0.00%. 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 (0.02%). This means that on 68 percent of the Saturdays, the change in price of the HedgeTrade is expected to be in the range of -0.02% and 0.02%.
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 | 0.02% | 0.02% | 0.00% to 0.04% |
| Monday | 0.00% | 0.06% | -0.05% to 0.06% |
| Tuesday | -0.01% | 0.03% | -0.04% to 0.02% |
| Wednesday | 0.02% | 0.04% | -0.02% to 0.06% |
| Thursday | 0.02% | 0.03% | -0.01% to 0.05% |
| Friday | 1.89% | 3.77% | -1.88% to 5.66% |
| Saturday | 0.00% | 0.02% | -0.02% to 0.02% |