Tether (USDT)

Current price: $ 0.99

24 hours price change: $ 0.0019 (0.19%)

Daily analysis of Tether (USDT) - 6 months

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 6 months, starting on June 17th, 2018 to December 16th, 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 06/17/2018 and 12/16/2018.

According to the performance of Tether between June 17th, 2018 and December 16th, 2018, Tether performed the best on Thursdays. On average, the price of Tether increased 0.07% on Thursday.

The weekday on which the Tether performed the worst, is Friday. On Fridays, the Tether declined in value on average by -0.05%.

Tether weekday performance

Tether increased in value on an average Sunday only slightly. The average increase in value of the Tether was 0.04%. 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 (0.33%). This means that on 68 percent of the Sundays, the change in price of the Tether is expected to be in the range of -0.28% and 0.37%.

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 -0.04%. However, the standard deviation on this weekday is 0.25%. This means that on most Mondays, the change in value of the Tether is between -0.29% and 0.21%.

Tether increased in value on an average Tuesday 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 (0.17%). This means that on 68 percent of the Tuesdays, the change in price of the Tether is expected to be in the range of -0.17% and 0.18%.

It is hard to tell whether the Tether will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Tether is -0.02%. However, the standard deviation on this weekday is 0.12%. This means that on most Wednesdays, the change in value of the Tether is between -0.14% and 0.10%.

Tether increased in value on an average Thursday only slightly. The average increase in value of the Tether was 0.07%. 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 (0.24%). This means that on 68 percent of the Thursdays, the change in price of the Tether is expected to be in the range of -0.17% and 0.31%.

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 -0.05%. However, the standard deviation on this weekday is 0.36%. This means that on most Fridays, the change in value of the Tether is between -0.41% and 0.31%.

It is hard to tell whether the Tether will increase or decrease in value on an average Saturday. The average change on a Saturday for the Tether is 0.00%. However, the standard deviation on this weekday is 0.24%. This means that on most Saturdays, the change in value of the Tether is between -0.24% and 0.24%.

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
Sunday0.04%0.33%-0.28% to 0.37%
Monday-0.04%0.25%-0.29% to 0.21%
Tuesday0.00%0.17%-0.17% to 0.18%
Wednesday-0.02%0.12%-0.14% to 0.10%
Thursday0.07%0.24%-0.17% to 0.31%
Friday-0.05%0.36%-0.41% to 0.31%
Saturday0.00%0.24%-0.24% to 0.24%