HedgeTrade (HEDG)

Current price: $ 0.09

24 hours price change: $ -0.03 (-27.30%)

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 December 10th, 2021 to December 10th, 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 12/10/2021 and 12/10/2022.

According to the performance of HedgeTrade between December 10th, 2021 and December 10th, 2022, HedgeTrade performed the best on Wednesdays. On average, the price of HedgeTrade increased 3.09% on Wednesday.

The weekday on which the HedgeTrade performed the worst, is Monday. On Mondays, the HedgeTrade declined in value on average by -0.04%.

HedgeTrade weekday performance

On an average Sunday the HedgeTrade shows an increase in value of 2.39%. However, the change of HedgeTrade on most of the Sundays is between -8.65% and 13.43%. 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 -0.04%. However, the standard deviation on this weekday is 10.87%. This means that on most Mondays, the change in value of the HedgeTrade is between -10.92% and 10.83%.

Historical performance on Tuesday 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 Tuesday with 0.67%. However, the uncertainty of this increase is high. The expected change in value of the HedgeTrade on a Tuesday is between -5.62% and 6.97% (see also the table below).

The increase in value of the HedgeTrade is 3.09% on an average Wednesday. However, the uncertainty on the average change is high for the HedgeTrade on Wednesdays. This is the reason why an expected increase of the HedgeTrade on an average Wednesday cannot be predicted. The standard deviation for HedgeTrade on Wednesdays is high, namely 15.35%. This means that the expected range of value change for the HedgeTrade is -12.27% and 18.44% on 68% of the Wednesdays.

On an average Thursday the HedgeTrade shows an increase in value of 2.49%. However, the change of HedgeTrade on most of the Thursdays is between -8.45% and 13.43%. Therefore it is hard to tell whether an average Thursday is a good day to start buying HedgeTrades.

On an average Friday the HedgeTrade shows an increase in value of 2.65%. However, the change of HedgeTrade on most of the Fridays is between -13.47% and 18.77%. Therefore it is hard to tell whether an average Friday is a good day to start buying HedgeTrades.

On an average Saturday the HedgeTrade shows an increase in value of 1.06%. However, the change of HedgeTrade on most of the Saturdays is between -10.09% and 12.20%. 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 2.39% 11.04% -8.65% to 13.43%
Monday -0.04% 10.87% -10.92% to 10.83%
Tuesday 0.67% 6.30% -5.62% to 6.97%
Wednesday 3.09% 15.35% -12.27% to 18.44%
Thursday 2.49% 10.94% -8.45% to 13.43%
Friday 2.65% 16.12% -13.47% to 18.77%
Saturday 1.06% 11.15% -10.09% to 12.20%
 

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