Tether (USDT)

Current price: $ 0.99

24 hours price change: $ 0.0055 (0.56%)

Daily analysis of Tether (USDT) - all

The performance of Tether regarding the price differs every day. To make the best decision to buy Tether, we are analysis in this article the performance of Tether on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on January 8th, 2015 to December 12th, 2018.

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

Average daily change in price of Tether per weekday between 01/08/2015 and 12/12/2018.

According to the performance of Tether between January 8th, 2015 and December 12th, 2018, Tether performed the best on Sundays. On average, the price of Tether increased 442.61% on Sunday.

The weekday on which the Tether performed the worst, is Tuesday. On Tuesdays, the Tether declined in value on average by -0.82%.

Tether weekday performance

The increase in value of the Tether is 442.61% on an average Sunday. However, the uncertainty on the average change is high for the Tether on Sundays. This is the reason why an expected increase of the Tether on an average Sunday cannot be predicted. The standard deviation for Tether on Sundays is high, namely 6,321.19%. This means that the expected range of value change for the Tether is -5,878.58% and 6,763.80% on 68% of the Sundays.

Allthough the Tether decreases in value with -0.34% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Tether on Mondays is 4.20%. This means that the expected change of the value of Tether is between -4.54% and 3.86% on 68 out of 100 Mondays.

On Tuesdays, the Tether decreases in value on average with -0.82%. On most of the Tuesdays the Tether decreases in value between -9.20% and 7.57%. The uncertainty (8.38%) is higher than the average decline percentage (-0.82%). Therefore, expected range of price changes of the Tether on Tuesdays is large.

Allthough the Tether decreases in value with -0.49% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Tether on Wednesdays is 6.76%. This means that the expected change of the value of Tether is between -7.25% and 6.27% on 68 out of 100 Wednesdays.

Tether increased in value on an average Thursday only slightly. The average increase in value of the Tether was 0.06%. Allthough the Tether closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.57%). This means that on 68 percent of the Thursdays, the change in price of the Tether is expected to be in the range of -1.51% and 1.63%.

Tether increased in value on an average Friday only slightly. The average increase in value of the Tether was 0.06%. Allthough the Tether closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.21%). This means that on 68 percent of the Fridays, the change in price of the Tether is expected to be in the range of -2.15% and 2.27%.

On an average Saturday, the Tether increased 0.47%. However, since the expected deviation is 7.86%, the Tether will decline in value on a Saturday quiet regularly. The expected price change of the Tether on a Saturday is between -7.39% and 8.33%.

Tether weekday performance details

Find below the details of the performance of Tether 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
Sunday442.61%6,321.19%-5,878.58% to 6,763.80%
Monday-0.34%4.20%-4.54% to 3.86%
Tuesday-0.82%8.38%-9.20% to 7.57%
Wednesday-0.49%6.76%-7.25% to 6.27%
Thursday0.06%1.57%-1.51% to 1.63%
Friday0.06%2.21%-2.15% to 2.27%
Saturday0.47%7.86%-7.39% to 8.33%