HedgeTrade (HEDG)

Current price: $ 0.75

24 hours price change: $ 0.03 (4.13%)

Daily analysis of HedgeTrade (HEDG) - 1 year

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 year, starting on June 27th, 2019 to November 16th, 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 11/16/2019.

According to the performance of HedgeTrade between June 27th, 2019 and November 16th, 2019, HedgeTrade performed the best on Thursdays. On average, the price of HedgeTrade increased 1,976.25% on Thursday.

The weekday on which the HedgeTrade performed the worst, is Saturday. On Saturdays, the HedgeTrade declined in value on average by -1.56%.

HedgeTrade weekday performance

On an average Sunday the HedgeTrade shows an increase in value of 1.34%. However, the change of HedgeTrade on most of the Sundays is between -1.55% and 4.23%. Therefore it is hard to tell whether an average Sunday is a good day to start buying HedgeTrades.

It is hard to tell whether the HedgeTrade will increase or decrease in value on an average Monday. The average change on a Monday for the HedgeTrade is -0.12%. However, the standard deviation on this weekday is 4.59%. This means that on most Mondays, the change in value of the HedgeTrade is between -4.71% and 4.48%.

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 -0.11%. However, the standard deviation on this weekday is 2.95%. This means that on most Tuesdays, the change in value of the HedgeTrade is between -3.06% and 2.85%.

On an average Wednesday the HedgeTrade shows an increase in value of 2.25%. However, the change of HedgeTrade on most of the Wednesdays is between -5.40% and 9.91%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying HedgeTrades.

The increase in value of the HedgeTrade is 1,976.25% 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 8,838.21%. This means that the expected range of value change for the HedgeTrade is -6,861.96% and 10,814.46% 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 -0.16%. However, the standard deviation on this weekday is 2.05%. This means that on most Fridays, the change in value of the HedgeTrade is between -2.20% and 1.89%.

The HedgeTrade declines in value on an average Saturday with -1.56%. However, the uncertainty (or standard deviation) is quite large, namely 4.95%. 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 1.34% 2.89% -1.55% to 4.23%
Monday -0.12% 4.59% -4.71% to 4.48%
Tuesday -0.11% 2.95% -3.06% to 2.85%
Wednesday 2.25% 7.65% -5.40% to 9.91%
Thursday 1,976.25% 8,838.21% -6,861.96% to 10,814.46%
Friday -0.16% 2.05% -2.20% to 1.89%
Saturday -1.56% 4.95% -6.51% to 3.39%