Qtum (QTUM)

Current price: $ 2.14

24 hours price change: $ 0.16 (8.08%)

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 December 18th, 2017 to December 17th, 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 12/18/2017 and 12/17/2018.

According to the performance of Qtum between December 18th, 2017 and December 17th, 2018, Qtum performed the best on Mondays. On average, the price of Qtum increased 1.37% on Monday.

The weekday on which the Qtum performed the worst, is Wednesday. On Wednesdays, the Qtum declined in value on average by -1.68%.

Qtum weekday performance

Allthough the Qtum decreases in value with -0.52% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Qtum on Sundays is 4.54%. This means that the expected change of the value of Qtum is between -5.06% and 4.02% on 68 out of 100 Sundays.

On an average Monday the Qtum shows an increase in value of 1.37%. However, the change of Qtum on most of the Mondays is between -12.51% and 15.26%. Therefore it is hard to tell whether an average Monday is a good day to start buying Qtums.

It is hard to tell whether the Qtum will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Qtum is -0.23%. However, the standard deviation on this weekday is 5.07%. This means that on most Tuesdays, the change in value of the Qtum is between -5.30% and 4.83%.

The Qtum declines in value on an average Wednesday with -1.68%. However, the uncertainty (or standard deviation) is quite large, namely 6.66%. This means that it is not possible to say whether on a regular Wednesday the Qtum will increase or decrease in value.

Allthough the Qtum decreases in value with -0.40% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Qtum on Thursdays is 5.98%. This means that the expected change of the value of Qtum is between -6.38% and 5.59% on 68 out of 100 Thursdays.

On an average Friday the Qtum shows an increase in value of 1.03%. However, the change of Qtum on most of the Fridays is between -7.67% and 9.73%. Therefore it is hard to tell whether an average Friday is a good day to start buying Qtums.

On Saturdays, the Qtum decreases in value on average with -0.78%. On most of the Saturdays the Qtum decreases in value between -4.78% and 3.22%. The uncertainty (4.00%) is higher than the average decline percentage (-0.78%). 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
Sunday-0.52%4.54%-5.06% to 4.02%
Monday1.37%13.89%-12.51% to 15.26%
Tuesday-0.23%5.07%-5.30% to 4.83%
Wednesday-1.68%6.66%-8.34% to 4.98%
Thursday-0.40%5.98%-6.38% to 5.59%
Friday1.03%8.70%-7.67% to 9.73%
Saturday-0.78%4.00%-4.78% to 3.22%