BitShares (BTS)

Current price: $ 0.04

24 hours price change: $ 0.000460 (1.15%)

Daily analysis of BitShares (BTS) - 6 months

The performance of BitShares regarding the price differs every day. To make the best decision to buy BitShares, we are analysis in this article the performance of BitShares on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 6 months, starting on January 30th, 2021 to July 30th, 2021.

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

Average daily change in price of BitShares per weekday between 01/30/2021 and 07/30/2021.

According to the performance of BitShares between January 30th, 2021 and July 30th, 2021, BitShares performed the best on Saturdays. On average, the price of BitShares increased 1.31% on Saturday.

The weekday on which the BitShares performed the worst, is Thursday. On Thursdays, the BitShares rose in value on average by 0.04%. The price still increased on Thursdays, allthough it was the smallest increase of all days on average.

BitShares weekday performance

BitShares increased in value on an average Sunday only slightly. The average increase in value of the BitShares was 0.24%. Allthough the BitShares closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.28%). This means that on 68 percent of the Sundays, the change in price of the BitShares is expected to be in the range of -2.04% and 2.52%.

On an average Monday, the BitShares increased 0.58%. However, since the expected deviation is 4.40%, the BitShares will decline in value on a Monday quiet regularly. The expected price change of the BitShares on a Monday is between -3.82% and 4.99%.

On an average Tuesday the BitShares shows an increase in value of 1.07%. However, the change of BitShares on most of the Tuesdays is between -3.25% and 5.38%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying BitSharess.

On an average Wednesday the BitShares shows an increase in value of 1.02%. However, the change of BitShares on most of the Wednesdays is between -3.28% and 5.32%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying BitSharess.

BitShares increased in value on an average Thursday only slightly. The average increase in value of the BitShares was 0.04%. Allthough the BitShares closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.70%). This means that on 68 percent of the Thursdays, the change in price of the BitShares is expected to be in the range of -2.67% and 2.74%.

BitShares increased in value on an average Friday only slightly. The average increase in value of the BitShares was 0.29%. Allthough the BitShares closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.97%). This means that on 68 percent of the Fridays, the change in price of the BitShares is expected to be in the range of -4.68% and 5.25%.

On an average Saturday the BitShares shows an increase in value of 1.31%. However, the change of BitShares on most of the Saturdays is between -3.21% and 5.83%. Therefore it is hard to tell whether an average Saturday is a good day to start buying BitSharess.

BitShares weekday performance details

Find below the details of the performance of BitShares 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 0.24% 2.28% -2.04% to 2.52%
Monday 0.58% 4.40% -3.82% to 4.99%
Tuesday 1.07% 4.32% -3.25% to 5.38%
Wednesday 1.02% 4.30% -3.28% to 5.32%
Thursday 0.04% 2.70% -2.67% to 2.74%
Friday 0.29% 4.97% -4.68% to 5.25%
Saturday 1.31% 4.52% -3.21% to 5.83%
 

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