Qtum (QTUM)

Current price: $ 2.97

24 hours price change: $ -0.20 (-6.43%)

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 July 15th, 2019.

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 07/15/2019.

According to the performance of Qtum between July 20th, 2017 and July 15th, 2019, Qtum performed the best on Mondays. On average, the price of Qtum increased 2.20% on Monday.

The weekday on which the Qtum performed the worst, is Tuesday. On Tuesdays, the Qtum declined in value on average by -1.21%.

Qtum weekday performance

On an average Sunday the Qtum shows an increase in value of 1.19%. However, the change of Qtum on most of the Sundays is between -8.84% and 11.21%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Qtums.

On an average Monday the Qtum shows an increase in value of 2.20%. However, the change of Qtum on most of the Mondays is between -12.52% and 16.92%. Therefore it is hard to tell whether an average Monday is a good day to start buying Qtums.

The Qtum declines in value on an average Tuesday with -1.21%. However, the uncertainty (or standard deviation) is quite large, namely 8.93%. This means that it is not possible to say whether on a regular Tuesday the Qtum will increase or decrease in value.

Historical performance on Wednesday do not show an increase in value of the Qtum on which a prediction can be made. The Qtum increased in value on average on an average Wednesday with 0.98%. However, the uncertainty of this increase is high. The expected change in value of the Qtum on a Wednesday is between -11.31% and 13.28% (see also the table below).

Historical performance on Thursday do not show an increase in value of the Qtum on which a prediction can be made. The Qtum increased in value on average on an average Thursday with 0.86%. However, the uncertainty of this increase is high. The expected change in value of the Qtum on a Thursday is between -15.28% and 17.00% (see also the table below).

On an average Friday, the Qtum increased 0.38%. However, since the expected deviation is 9.09%, the Qtum will decline in value on a Friday quiet regularly. The expected price change of the Qtum on a Friday is between -8.71% and 9.46%.

On Saturdays, the Qtum decreases in value on average with -0.63%. On most of the Saturdays the Qtum decreases in value between -8.37% and 7.12%. The uncertainty (7.74%) is higher than the average decline percentage (-0.63%). 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
Sunday1.19%10.02%-8.84% to 11.21%
Monday2.20%14.72%-12.52% to 16.92%
Tuesday-1.21%8.93%-10.15% to 7.72%
Wednesday0.98%12.29%-11.31% to 13.28%
Thursday0.86%16.14%-15.28% to 17.00%
Friday0.38%9.09%-8.71% to 9.46%
Saturday-0.63%7.74%-8.37% to 7.12%