Huobi Token (HT)

Current price: $ 6.45

24 hours price change: $ -0.06 (-0.97%)

Daily analysis of Huobi Token (HT) - 1 month

The performance of Huobi Token regarding the price differs every day. To make the best decision to buy Huobi Token, we are analysis in this article the performance of Huobi Token on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on November 10th, 2022 to December 10th, 2022.

In the barchart below, the weekdays and average performance of Huobi Token are shown side by side.

Average daily change in price of Huobi Token per weekday between 11/10/2022 and 12/10/2022.

According to the performance of Huobi Token between November 10th, 2022 and December 10th, 2022, Huobi Token performed the best on Tuesdays. On average, the price of Huobi Token increased 0.78% on Tuesday.

The weekday on which the Huobi Token performed the worst, is Sunday. On Sundays, the Huobi Token declined in value on average by -1.80%.

Huobi Token weekday performance

The Huobi Token declines in value on an average Sunday with -1.80%. However, the uncertainty (or standard deviation) is quite large, namely 2.68%. This means that it is not possible to say whether on a regular Sunday the Huobi Token will increase or decrease in value.

On Mondays, the Huobi Token decreases in value on average with -0.91%. On most of the Mondays the Huobi Token decreases in value between -2.03% and 0.22%. The uncertainty (1.13%) is higher than the average decline percentage (-0.91%). Therefore, expected range of price changes of the Huobi Token on Mondays is large.

Historical performance on Tuesday do not show an increase in value of the Huobi Token on which a prediction can be made. The Huobi Token increased in value on average on an average Tuesday with 0.78%. However, the uncertainty of this increase is high. The expected change in value of the Huobi Token on a Tuesday is between -1.32% and 2.88% (see also the table below).

Historical performance on Wednesday do not show an increase in value of the Huobi Token on which a prediction can be made. The Huobi Token increased in value on average on an average Wednesday with 0.73%. However, the uncertainty of this increase is high. The expected change in value of the Huobi Token on a Wednesday is between -0.86% and 2.33% (see also the table below).

Huobi Token increased in value on an average Thursday only slightly. The average increase in value of the Huobi Token was 0.05%. Allthough the Huobi Token closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.22%). This means that on 68 percent of the Thursdays, the change in price of the Huobi Token is expected to be in the range of -0.18% and 0.27%.

The expected range of change of the Huobi Token for an average Friday is between 0.11% and 1.16%. This is the result of an average increase in value of 0.63% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.

On Saturdays, the Huobi Token decreases in value on average with -0.66%. On most of the Saturdays the Huobi Token decreases in value between -1.60% and 0.28%. The uncertainty (0.94%) is higher than the average decline percentage (-0.66%). Therefore, expected range of price changes of the Huobi Token on Saturdays is large.

Huobi Token weekday performance details

Find below the details of the performance of Huobi Token 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 -1.80% 2.68% -4.47% to 0.88%
Monday -0.91% 1.13% -2.03% to 0.22%
Tuesday 0.78% 2.10% -1.32% to 2.88%
Wednesday 0.73% 1.60% -0.86% to 2.33%
Thursday 0.05% 0.22% -0.18% to 0.27%
Friday 0.63% 0.52% 0.11% to 1.16%
Saturday -0.66% 0.94% -1.60% to 0.28%
 

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