Qtum (QTUM)

Current price: $ 2.16

24 hours price change: $ 0.22 (11.34%)

Daily analysis of Qtum (QTUM) - 1 month

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 1 month, starting on January 18th, 2019 to February 17th, 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 01/18/2019 and 02/17/2019.

According to the performance of Qtum between January 18th, 2019 and February 17th, 2019, Qtum performed the best on Wednesdays. On average, the price of Qtum increased 0.99% on Wednesday.

The weekday on which the Qtum performed the worst, is Saturday. On Saturdays, the Qtum declined in value on average by -0.52%.

Qtum weekday performance

Allthough the Qtum decreases in value with -0.51% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Qtum on Sundays is 0.64%. This means that the expected change of the value of Qtum is between -1.15% and 0.14% on 68 out of 100 Sundays.

It is hard to tell whether the Qtum will increase or decrease in value on an average Monday. The average change on a Monday for the Qtum is -0.13%. However, the standard deviation on this weekday is 0.98%. This means that on most Mondays, the change in value of the Qtum is between -1.12% and 0.85%.

Allthough the Qtum decreases in value with -0.51% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Qtum on Tuesdays is 0.52%. This means that the expected change of the value of Qtum is between -1.03% and 0.00% on 68 out of 100 Tuesdays.

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 0.99%. However, the uncertainty of this increase is high. The expected change in value of the Qtum on a Wednesday is between -0.10% and 2.09% (see also the table below).

It is hard to tell whether the Qtum will increase or decrease in value on an average Thursday. The average change on a Thursday for the Qtum is -0.27%. However, the standard deviation on this weekday is 0.80%. This means that on most Thursdays, the change in value of the Qtum is between -1.07% and 0.53%.

Historical performance on Friday 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 Friday with 0.75%. However, the uncertainty of this increase is high. The expected change in value of the Qtum on a Friday is between -1.02% and 2.53% (see also the table below).

Allthough the Qtum decreases in value with -0.52% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Qtum on Saturdays is 0.75%. This means that the expected change of the value of Qtum is between -1.26% and 0.23% on 68 out of 100 Saturdays.

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
Sunday-0.51%0.64%-1.15% to 0.14%
Monday-0.13%0.98%-1.12% to 0.85%
Tuesday-0.51%0.52%-1.03% to 0.00%
Wednesday0.99%1.10%-0.10% to 2.09%
Thursday-0.27%0.80%-1.07% to 0.53%
Friday0.75%1.77%-1.02% to 2.53%
Saturday-0.52%0.75%-1.26% to 0.23%