Qtum (QTUM)

Current price: $ 14.48

24 hours price change: $ -1.36 (-8.59%)

Daily analysis of Qtum (QTUM) - 1 year

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 year, starting on November 27th, 2020 to November 27th, 2021.

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 11/27/2020 and 11/27/2021.

According to the performance of Qtum between November 27th, 2020 and November 27th, 2021, Qtum performed the best on Wednesdays. On average, the price of Qtum increased 0.70% on Wednesday.

The weekday on which the Qtum performed the worst, is Saturday. On Saturdays, the Qtum rose in value on average by 0.06%. The price still increased on Saturdays, allthough it was the smallest increase of all days on average.

Qtum weekday performance

Qtum increased in value on an average Sunday only slightly. The average increase in value of the Qtum was 0.16%. Allthough the Qtum closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.59%). This means that on 68 percent of the Sundays, the change in price of the Qtum is expected to be in the range of -3.43% and 3.76%.

Qtum increased in value on an average Monday only slightly. The average increase in value of the Qtum was 0.19%. Allthough the Qtum closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.50%). This means that on 68 percent of the Mondays, the change in price of the Qtum is expected to be in the range of -3.31% and 3.69%.

Qtum increased in value on an average Tuesday only slightly. The average increase in value of the Qtum was 0.08%. Allthough the Qtum closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.57%). This means that on 68 percent of the Tuesdays, the change in price of the Qtum is expected to be in the range of -3.48% and 3.65%.

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 0.70%. However, the uncertainty of this increase is high. The expected change in value of the Qtum on a Wednesday is between -3.76% and 5.17% (see also the table below).

On an average Thursday, the Qtum increased 0.56%. However, since the expected deviation is 3.36%, the Qtum will decline in value on a Thursday quiet regularly. The expected price change of the Qtum on a Thursday is between -2.81% and 3.92%.

On an average Friday, the Qtum increased 0.44%. However, since the expected deviation is 5.78%, the Qtum will decline in value on a Friday quiet regularly. The expected price change of the Qtum on a Friday is between -5.34% and 6.22%.

Qtum increased in value on an average Saturday only slightly. The average increase in value of the Qtum was 0.06%. Allthough the Qtum closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.45%). This means that on 68 percent of the Saturdays, the change in price of the Qtum is expected to be in the range of -2.39% and 2.51%.

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.

Weekday Average change (%) Standard deviation (%) 68% range
Sunday 0.16% 3.59% -3.43% to 3.76%
Monday 0.19% 3.50% -3.31% to 3.69%
Tuesday 0.08% 3.57% -3.48% to 3.65%
Wednesday 0.70% 4.47% -3.76% to 5.17%
Thursday 0.56% 3.36% -2.81% to 3.92%
Friday 0.44% 5.78% -5.34% to 6.22%
Saturday 0.06% 2.45% -2.39% to 2.51%
 

About Us

: Financial indicators for cryptocurrencies