BitTorrent (BTT)

Current price: $ 0.002247

24 hours price change: $ 0.000002 (0.09%)

Daily analysis of BitTorrent (BTT) - 1 year

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 year, starting on July 25th, 2020 to July 25th, 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 07/25/2020 and 07/25/2021.

According to the performance of BitTorrent between July 25th, 2020 and July 25th, 2021, BitTorrent performed the best on Mondays. On average, the price of BitTorrent increased 1.23% on Monday.

The weekday on which the BitTorrent performed the worst, is Sunday. On Sundays, the BitTorrent declined in value on average by -0.64%.

BitTorrent weekday performance

On Sundays, the BitTorrent decreases in value on average with -0.64%. On most of the Sundays the BitTorrent decreases in value between -5.48% and 4.19%. The uncertainty (4.83%) is higher than the average decline percentage (-0.64%). Therefore, expected range of price changes of the BitTorrent on Sundays is large.

On an average Monday the BitTorrent shows an increase in value of 1.23%. However, the change of BitTorrent on most of the Mondays is between -2.87% and 5.32%. Therefore it is hard to tell whether an average Monday is a good day to start buying BitTorrents.

It is hard to tell whether the BitTorrent will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the BitTorrent is -0.20%. However, the standard deviation on this weekday is 6.25%. This means that on most Tuesdays, the change in value of the BitTorrent is between -6.45% and 6.05%.

BitTorrent increased in value on an average Wednesday only slightly. The average increase in value of the BitTorrent was 0.02%. Allthough the BitTorrent closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (5.48%). This means that on 68 percent of the Wednesdays, the change in price of the BitTorrent is expected to be in the range of -5.45% and 5.50%.

On an average Thursday, the BitTorrent increased 0.54%. However, since the expected deviation is 2.02%, the BitTorrent will decline in value on a Thursday quiet regularly. The expected price change of the BitTorrent on a Thursday is between -1.48% and 2.56%.

On an average Friday, the BitTorrent increased 0.49%. However, since the expected deviation is 4.44%, the BitTorrent will decline in value on a Friday quiet regularly. The expected price change of the BitTorrent on a Friday is between -3.95% and 4.93%.

On an average Saturday, the BitTorrent increased 0.55%. However, since the expected deviation is 4.06%, the BitTorrent will decline in value on a Saturday quiet regularly. The expected price change of the BitTorrent on a Saturday is between -3.51% and 4.62%.

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 -0.64% 4.83% -5.48% to 4.19%
Monday 1.23% 4.10% -2.87% to 5.32%
Tuesday -0.20% 6.25% -6.45% to 6.05%
Wednesday 0.02% 5.48% -5.45% to 5.50%
Thursday 0.54% 2.02% -1.48% to 2.56%
Friday 0.49% 4.44% -3.95% to 4.93%
Saturday 0.55% 4.06% -3.51% to 4.62%
 

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