Bytom (BTM)

Current price: $ 0.19

24 hours price change: $ -0.03 (-13.23%)

Daily analysis of Bytom (BTM) - 1 month

The performance of Bytom regarding the price differs every day. To make the best decision to buy Bytom, we are analysis in this article the performance of Bytom on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on April 11th, 2021 to May 11th, 2021.

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

Average daily change in price of Bytom per weekday between 04/11/2021 and 05/11/2021.

According to the performance of Bytom between April 11th, 2021 and May 11th, 2021, Bytom performed the best on Mondays. On average, the price of Bytom increased 2.57% on Monday.

The weekday on which the Bytom performed the worst, is Wednesday. On Wednesdays, the Bytom declined in value on average by -1.28%.

Bytom weekday performance

The Bytom will almost not change or only slightly increase in value on an average Sunday. The average change of the Bytom on Sundays is 0.11%. The standard deviation of the Bytom is 0.09%, which means that in 68% of the Sundays, the range of the change of the Bytom is 0.02% and 0.21%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

On an average Monday the Bytom shows an increase in value of 2.57%. However, the change of Bytom on most of the Mondays is between -2.13% and 7.28%. Therefore it is hard to tell whether an average Monday is a good day to start buying Bytoms.

On an average Tuesday the Bytom shows an increase in value of 1.37%. However, the change of Bytom on most of the Tuesdays is between -1.39% and 4.12%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Bytoms.

The Bytom declines in value on an average Wednesday with -1.28%. However, the uncertainty (or standard deviation) is quite large, namely 2.27%. This means that it is not possible to say whether on a regular Wednesday the Bytom will increase or decrease in value.

On an average Thursday the Bytom shows an increase in value of 2.29%. However, the change of Bytom on most of the Thursdays is between -1.76% and 6.34%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Bytoms.

On an average Friday the Bytom shows an increase in value of 1.11%. However, the change of Bytom on most of the Fridays is between -0.49% and 2.70%. Therefore it is hard to tell whether an average Friday is a good day to start buying Bytoms.

Bytom increased in value on an average Saturday only slightly. The average increase in value of the Bytom was 0.23%. Allthough the Bytom closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.23%). This means that on 68 percent of the Saturdays, the change in price of the Bytom is expected to be in the range of 0.00% and 0.46%.

Bytom weekday performance details

Find below the details of the performance of Bytom 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 0.11% 0.09% 0.02% to 0.21%
Monday 2.57% 4.70% -2.13% to 7.28%
Tuesday 1.37% 2.75% -1.39% to 4.12%
Wednesday -1.28% 2.27% -3.54% to 0.99%
Thursday 2.29% 4.05% -1.76% to 6.34%
Friday 1.11% 1.59% -0.49% to 2.70%
Saturday 0.23% 0.23% 0.00% to 0.46%
 

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