HedgeTrade (HEDG)

Current price: $ 0.72

24 hours price change: $ -0.000605 (-0.08%)

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 October 15th, 2019 to November 14th, 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 10/15/2019 and 11/14/2019.

According to the performance of HedgeTrade between October 15th, 2019 and November 14th, 2019, HedgeTrade performed the best on Sundays. On average, the price of HedgeTrade increased 0.55% on Sunday.

The weekday on which the HedgeTrade performed the worst, is Saturday. On Saturdays, the HedgeTrade declined in value on average by -0.26%.

HedgeTrade weekday performance

On an average Sunday, the HedgeTrade increased 0.55%. However, since the expected deviation is 1.06%, the HedgeTrade will decline in value on a Sunday quiet regularly. The expected price change of the HedgeTrade on a Sunday is between -0.51% and 1.61%.

HedgeTrade increased in value on an average Monday only slightly. The average increase in value of the HedgeTrade was 0.21%. 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 (0.33%). 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 0.54%.

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 -0.25%. However, the standard deviation on this weekday is 0.27%. This means that on most Tuesdays, the change in value of the HedgeTrade is between -0.52% and 0.02%.

On an average Wednesday, the HedgeTrade increased 0.35%. However, since the expected deviation is 0.60%, the HedgeTrade will decline in value on a Wednesday quiet regularly. The expected price change of the HedgeTrade on a Wednesday is between -0.25% and 0.95%.

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 -0.22%. However, the standard deviation on this weekday is 0.34%. This means that on most Thursdays, the change in value of the HedgeTrade is between -0.57% and 0.12%.

HedgeTrade increased in value on an average Friday only slightly. The average increase in value of the HedgeTrade was 0.18%. 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 (0.33%). This means that on 68 percent of the Fridays, the change in price of the HedgeTrade is expected to be in the range of -0.15% and 0.51%.

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 -0.26%. However, the standard deviation on this weekday is 0.48%. This means that on most Saturdays, the change in value of the HedgeTrade is between -0.74% and 0.21%.

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 0.55% 1.06% -0.51% to 1.61%
Monday 0.21% 0.33% -0.13% to 0.54%
Tuesday -0.25% 0.27% -0.52% to 0.02%
Wednesday 0.35% 0.60% -0.25% to 0.95%
Thursday -0.22% 0.34% -0.57% to 0.12%
Friday 0.18% 0.33% -0.15% to 0.51%
Saturday -0.26% 0.48% -0.74% to 0.21%