Qtum (QTUM)

Current price: $ 1.64

24 hours price change: $ 0.06 (3.80%)

Daily analysis of Qtum (QTUM) - all

The performance of Qtum regarding the price differs every day. To make the best decision to buy Qtum, we are analysis in this article the performance of Qtum on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on July 20th, 2017 to December 12th, 2018.

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

Average daily change in price of Qtum per weekday between 07/20/2017 and 12/12/2018.

According to the performance of Qtum between July 20th, 2017 and December 12th, 2018, Qtum performed the best on Mondays. On average, the price of Qtum increased 3.18% on Monday.

The weekday on which the Qtum performed the worst, is Tuesday. On Tuesdays, the Qtum declined in value on average by -1.57%.

Qtum weekday performance

On an average Sunday the Qtum shows an increase in value of 1.77%. However, the change of Qtum on most of the Sundays is between -10.13% and 13.67%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Qtums.

The increase in value of the Qtum is 3.18% on an average Monday. However, the uncertainty on the average change is high for the Qtum on Mondays. This is the reason why an expected increase of the Qtum on an average Monday cannot be predicted. The standard deviation for Qtum on Mondays is high, namely 17.43%. This means that the expected range of value change for the Qtum is -14.25% and 20.61% on 68% of the Mondays.

The Qtum declines in value on an average Tuesday with -1.57%. However, the uncertainty (or standard deviation) is quite large, namely 10.57%. This means that it is not possible to say whether on a regular Tuesday the Qtum will increase or decrease in value.

On an average Wednesday the Qtum shows an increase in value of 1.52%. However, the change of Qtum on most of the Wednesdays is between -12.94% and 15.98%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Qtums.

On an average Thursday the Qtum shows an increase in value of 1.25%. However, the change of Qtum on most of the Thursdays is between -17.98% and 20.49%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Qtums.

On an average Friday, the Qtum increased 0.43%. However, since the expected deviation is 10.81%, the Qtum will decline in value on a Friday quiet regularly. The expected price change of the Qtum on a Friday is between -10.38% and 11.25%.

On Saturdays, the Qtum decreases in value on average with -0.84%. On most of the Saturdays the Qtum decreases in value between -10.05% and 8.37%. The uncertainty (9.21%) is higher than the average decline percentage (-0.84%). Therefore, expected range of price changes of the Qtum on Saturdays is large.

Qtum weekday performance details

Find below the details of the performance of Qtum 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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday1.77%11.90%-10.13% to 13.67%
Monday3.18%17.43%-14.25% to 20.61%
Tuesday-1.57%10.57%-12.14% to 9.00%
Wednesday1.52%14.46%-12.94% to 15.98%
Thursday1.25%19.23%-17.98% to 20.49%
Friday0.43%10.81%-10.38% to 11.25%
Saturday-0.84%9.21%-10.05% to 8.37%