Huobi Token (HT)

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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 April 20th, 2024 to May 17th, 2024.

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 04/20/2024 and 05/17/2024.

According to the performance of Huobi Token between April 20th, 2024 and May 17th, 2024, Huobi Token performed the best on Mondays. On average, the price of Huobi Token increased 0.32% on Monday.

The weekday on which the Huobi Token performed the worst, is Friday. On Fridays, the Huobi Token declined in value on average by -0.27%.

Huobi Token weekday performance

It is hard to tell whether the Huobi Token will increase or decrease in value on an average Sunday. The average change on a Sunday for the Huobi Token is -0.12%. However, the standard deviation on this weekday is 0.23%. This means that on most Sundays, the change in value of the Huobi Token is between -0.36% and 0.11%.

On an average Monday, the Huobi Token increased 0.32%. However, since the expected deviation is 0.50%, the Huobi Token will decline in value on a Monday quiet regularly. The expected price change of the Huobi Token on a Monday is between -0.18% and 0.81%.

It is hard to tell whether the Huobi Token will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Huobi Token is -0.24%. However, the standard deviation on this weekday is 0.42%. This means that on most Tuesdays, the change in value of the Huobi Token is between -0.66% and 0.18%.

The Huobi Token will almost not change or only slightly increase in value on an average Wednesday. The average change of the Huobi Token on Wednesdays is 0.03%. The standard deviation of the Huobi Token is 0.03%, which means that in 68% of the Wednesdays, the range of the change of the Huobi Token is 0.00% and 0.05%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

It is hard to tell whether the Huobi Token will increase or decrease in value on an average Thursday. The average change on a Thursday for the Huobi Token is 0.00%. However, the standard deviation on this weekday is 0.06%. This means that on most Thursdays, the change in value of the Huobi Token is between -0.06% and 0.06%.

It is hard to tell whether the Huobi Token will increase or decrease in value on an average Friday. The average change on a Friday for the Huobi Token is -0.27%. However, the standard deviation on this weekday is 0.50%. This means that on most Fridays, the change in value of the Huobi Token is between -0.77% and 0.22%.

It is hard to tell whether the Huobi Token will increase or decrease in value on an average Saturday. The average change on a Saturday for the Huobi Token is -0.13%. However, the standard deviation on this weekday is 0.22%. This means that on most Saturdays, the change in value of the Huobi Token is between -0.35% and 0.09%.

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 -0.12% 0.23% -0.36% to 0.11%
Monday 0.32% 0.50% -0.18% to 0.81%
Tuesday -0.24% 0.42% -0.66% to 0.18%
Wednesday 0.03% 0.03% 0.00% to 0.05%
Thursday 0.00% 0.06% -0.06% to 0.06%
Friday -0.27% 0.50% -0.77% to 0.22%
Saturday -0.13% 0.22% -0.35% to 0.09%
 

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