Bytom (BTM)

Current price: $ 0.01

24 hours price change: $ 0.000982 (8.95%)

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 October 30th, 2022 to November 30th, 2022.

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 10/30/2022 and 11/30/2022.

According to the performance of Bytom between October 30th, 2022 and November 30th, 2022, Bytom performed the best on Fridays. On average, the price of Bytom increased 0.31% on Friday.

The weekday on which the Bytom performed the worst, is Wednesday. On Wednesdays, the Bytom declined in value on average by -0.79%.

Bytom weekday performance

Allthough the Bytom decreases in value with -0.32% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Bytom on Sundays is 0.71%. This means that the expected change of the value of Bytom is between -1.03% and 0.38% on 68 out of 100 Sundays.

Allthough the Bytom decreases in value with -0.43% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Bytom on Mondays is 1.09%. This means that the expected change of the value of Bytom is between -1.52% and 0.65% on 68 out of 100 Mondays.

It is hard to tell whether the Bytom will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Bytom is -0.12%. However, the standard deviation on this weekday is 0.14%. This means that on most Tuesdays, the change in value of the Bytom is between -0.26% and 0.02%.

On Wednesdays, the Bytom decreases in value on average with -0.79%. On most of the Wednesdays the Bytom decreases in value between -1.54% and -0.03%. The uncertainty (0.76%) is higher than the average decline percentage (-0.79%). Therefore, expected range of price changes of the Bytom on Wednesdays is large.

It is hard to tell whether the Bytom will increase or decrease in value on an average Thursday. The average change on a Thursday for the Bytom is -0.19%. However, the standard deviation on this weekday is 1.03%. This means that on most Thursdays, the change in value of the Bytom is between -1.23% and 0.84%.

The average increase of the Bytom on an average Friday is 0.31%. This is a small increase, however, the expected change of the Bytom in 95% of the Fridays is 0.09% and 0.53%. This means that only on 2.5% (or slightly over 1 Friday per year) the expected change of the Bytom is below 0.09%. On the other hand, you would not have to expect that the change on a single Friday will be above 0.53%. This will also only happen on 2.5% of the Fridays. On 68% of the Fridays, the increase of the Bytom will be in the range of 0.20% and 0.42%.

It is hard to tell whether the Bytom will increase or decrease in value on an average Saturday. The average change on a Saturday for the Bytom is -0.13%. However, the standard deviation on this weekday is 0.70%. This means that on most Saturdays, the change in value of the Bytom is between -0.84% and 0.57%.

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 -0.32% 0.71% -1.03% to 0.38%
Monday -0.43% 1.09% -1.52% to 0.65%
Tuesday -0.12% 0.14% -0.26% to 0.02%
Wednesday -0.79% 0.76% -1.54% to -0.03%
Thursday -0.19% 1.03% -1.23% to 0.84%
Friday 0.31% 0.11% 0.20% to 0.42%
Saturday -0.13% 0.70% -0.84% to 0.57%
 

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