BitTorrent (BTT)

Current price: $ 0.001226

24 hours price change: $ -0.000023 (-1.84%)

Daily analysis of BitTorrent (BTT) - 1 month

The performance of BitTorrent regarding the price differs every day. To make the best decision to buy BitTorrent, we are analysis in this article the performance of BitTorrent on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on February 8th, 2021 to March 8th, 2021.

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

Average daily change in price of BitTorrent per weekday between 02/08/2021 and 03/08/2021.

According to the performance of BitTorrent between February 8th, 2021 and March 8th, 2021, BitTorrent performed the best on Mondays. On average, the price of BitTorrent increased 5.94% on Monday.

The weekday on which the BitTorrent performed the worst, is Sunday. On Sundays, the BitTorrent declined in value on average by -10.53%.

BitTorrent weekday performance

The decrease in value of the BitTorrent is -10.53% on an average Sunday. The uncertainty of the average change is high for the BitTorrent on Sundays. This means that it is hard to tell whether the BitTorrent will decrease or increase in value on an average Sunday. If we look at the 68% range of the BitTorrent, we see that on 68% of the Sundays, the expected change of the BitTorrent is between -23.18% and 2.12%.

The increase in value of the BitTorrent is 5.94% on an average Monday. However, the uncertainty on the average change is high for the BitTorrent on Mondays. This is the reason why an expected increase of the BitTorrent on an average Monday cannot be predicted. The standard deviation for BitTorrent on Mondays is high, namely 10.52%. This means that the expected range of value change for the BitTorrent is -4.58% and 16.46% on 68% of the Mondays.

The decrease in value of the BitTorrent is -7.13% on an average Tuesday. The uncertainty of the average change is high for the BitTorrent on Tuesdays. This means that it is hard to tell whether the BitTorrent will decrease or increase in value on an average Tuesday. If we look at the 68% range of the BitTorrent, we see that on 68% of the Tuesdays, the expected change of the BitTorrent is between -23.54% and 9.28%.

The decrease in value of the BitTorrent is -7.17% on an average Wednesday. The uncertainty of the average change is high for the BitTorrent on Wednesdays. This means that it is hard to tell whether the BitTorrent will decrease or increase in value on an average Wednesday. If we look at the 68% range of the BitTorrent, we see that on 68% of the Wednesdays, the expected change of the BitTorrent is between -22.35% and 8.00%.

On an average Thursday the BitTorrent shows a high increase in value, namely 2.06%. The standard deviation is below the average increase percentage (standard deviation is 1.96%), meaning that on 68% of the Thursdays the BitTorrent will increase with a percentage between 0.10% and 4.03%. This also means that, on average, on 16 percent of the Thursdays, the BitTorrent will increase with a percentage above this range. On the other 16% of the Thursdays, the BitTorrent will change with a percentage below the 0.10%.

The BitTorrent declines in value on an average Friday with -1.34%. However, the uncertainty (or standard deviation) is quite large, namely 1.86%. This means that it is not possible to say whether on a regular Friday the BitTorrent will increase or decrease in value.

It is hard to tell whether the BitTorrent will increase or decrease in value on an average Saturday. The average change on a Saturday for the BitTorrent is -0.09%. However, the standard deviation on this weekday is 1.56%. This means that on most Saturdays, the change in value of the BitTorrent is between -1.65% and 1.47%.

BitTorrent weekday performance details

Find below the details of the performance of BitTorrent 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 -10.53% 12.65% -23.18% to 2.12%
Monday 5.94% 10.52% -4.58% to 16.46%
Tuesday -7.13% 16.41% -23.54% to 9.28%
Wednesday -7.17% 15.17% -22.35% to 8.00%
Thursday 2.06% 1.96% 0.10% to 4.03%
Friday -1.34% 1.86% -3.21% to 0.52%
Saturday -0.09% 1.56% -1.65% to 1.47%
 

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