Tether (USDT)

Current price: $ 1.00

24 hours price change: - (-)

Daily analysis of Tether (USDT) - 1 month

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 1 month, starting on April 19th, 2019 to May 19th, 2019.

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 04/19/2019 and 05/19/2019.

According to the performance of Tether between April 19th, 2019 and May 19th, 2019, Tether performed the best on Thursdays. On average, the price of Tether increased 1.24% on Thursday.

The weekday on which the Tether performed the worst, is Tuesday. On Tuesdays, the Tether declined in value on average by -0.27%.

Tether weekday performance

Historical performance on Sunday do not show an increase in value of the Tether on which a prediction can be made. The Tether increased in value on average on an average Sunday with 0.61%. However, the uncertainty of this increase is high. The expected change in value of the Tether on a Sunday is between -1.10% and 2.31% (see also the table below).

It is hard to tell whether the Tether will increase or decrease in value on an average Monday. The average change on a Monday for the Tether is -0.24%. However, the standard deviation on this weekday is 0.43%. This means that on most Mondays, the change in value of the Tether is between -0.67% and 0.18%.

It is hard to tell whether the Tether will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Tether is -0.27%. However, the standard deviation on this weekday is 0.41%. This means that on most Tuesdays, the change in value of the Tether is between -0.68% and 0.14%.

Tether increased in value on an average Wednesday only slightly. The average increase in value of the Tether was 0.00%. 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 (0.70%). This means that on 68 percent of the Wednesdays, the change in price of the Tether is expected to be in the range of -0.70% and 0.70%.

On an average Thursday the Tether shows an increase in value of 1.24%. However, the change of Tether on most of the Thursdays is between -0.36% and 2.84%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Tethers.

It is hard to tell whether the Tether will increase or decrease in value on an average Friday. The average change on a Friday for the Tether is -0.21%. However, the standard deviation on this weekday is 0.74%. This means that on most Fridays, the change in value of the Tether is between -0.95% and 0.52%.

Tether increased in value on an average Saturday only slightly. The average increase in value of the Tether was -. 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 (-). This means that on 68 percent of the Saturdays, the change in price of the Tether is expected to be in the range of - and -.

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
Sunday0.61%1.70%-1.10% to 2.31%
Monday-0.24%0.43%-0.67% to 0.18%
Tuesday-0.27%0.41%-0.68% to 0.14%
Wednesday0.00%0.70%-0.70% to 0.70%
Thursday1.24%1.60%-0.36% to 2.84%
Friday-0.21%0.74%-0.95% to 0.52%
Saturday--- to -