Huobi Token (HT)

Current price: $ 3.63

24 hours price change: $ -0.08 (-2.15%)

Daily analysis of Huobi Token (HT) - 1 year

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 year, starting on November 17th, 2018 to November 16th, 2019.

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 11/17/2018 and 11/16/2019.

According to the performance of Huobi Token between November 17th, 2018 and November 16th, 2019, Huobi Token performed the best on Thursdays. On average, the price of Huobi Token increased 1.23% on Thursday.

The weekday on which the Huobi Token performed the worst, is Wednesday. On Wednesdays, the Huobi Token declined in value on average by -0.85%.

Huobi Token weekday performance

Huobi Token increased in value on an average Sunday only slightly. The average increase in value of the Huobi Token was 0.02%. 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 (4.35%). This means that on 68 percent of the Sundays, the change in price of the Huobi Token is expected to be in the range of -4.34% and 4.37%.

Historical performance on Monday 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 Monday with 0.76%. However, the uncertainty of this increase is high. The expected change in value of the Huobi Token on a Monday is between -3.56% and 5.08% (see also the table below).

On an average Tuesday the Huobi Token shows an increase in value of 1.16%. However, the change of Huobi Token on most of the Tuesdays is between -3.25% and 5.58%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Huobi Tokens.

On Wednesdays, the Huobi Token decreases in value on average with -0.85%. On most of the Wednesdays the Huobi Token decreases in value between -5.15% and 3.45%. The uncertainty (4.30%) is higher than the average decline percentage (-0.85%). Therefore, expected range of price changes of the Huobi Token on Wednesdays is large.

On an average Thursday the Huobi Token shows an increase in value of 1.23%. However, the change of Huobi Token on most of the Thursdays is between -2.63% and 5.10%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Huobi Tokens.

Historical performance on Friday 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 Friday with 0.63%. However, the uncertainty of this increase is high. The expected change in value of the Huobi Token on a Friday is between -2.23% and 3.48% (see also the table below).

Huobi Token increased in value on an average Saturday only slightly. The average increase in value of the Huobi Token was 0.11%. 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 (2.94%). This means that on 68 percent of the Saturdays, the change in price of the Huobi Token is expected to be in the range of -2.82% and 3.05%.

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 0.02% 4.35% -4.34% to 4.37%
Monday 0.76% 4.32% -3.56% to 5.08%
Tuesday 1.16% 4.42% -3.25% to 5.58%
Wednesday -0.85% 4.30% -5.15% to 3.45%
Thursday 1.23% 3.87% -2.63% to 5.10%
Friday 0.63% 2.85% -2.23% to 3.48%
Saturday 0.11% 2.94% -2.82% to 3.05%