Bytom (BTM)

Current price: $ 0.008577

24 hours price change: $ -0.000532 (-5.84%)

Daily analysis of Bytom (BTM) - 1 year

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 year, starting on September 28th, 2021 to September 28th, 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 09/28/2021 and 09/28/2022.

According to the performance of Bytom between September 28th, 2021 and September 28th, 2022, Bytom performed the best on Fridays. On average, the price of Bytom increased 2.02% on Friday.

The weekday on which the Bytom performed the worst, is Thursday. On Thursdays, the Bytom declined in value on average by -1.03%.

Bytom weekday performance

Bytom increased in value on an average Sunday 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 (2.12%). This means that on 68 percent of the Sundays, the change in price of the Bytom is expected to be in the range of -1.89% and 2.35%.

It is hard to tell whether the Bytom will increase or decrease in value on an average Monday. The average change on a Monday for the Bytom is -0.22%. However, the standard deviation on this weekday is 1.06%. This means that on most Mondays, the change in value of the Bytom is between -1.28% and 0.85%.

On an average Tuesday, the Bytom increased 0.40%. However, since the expected deviation is 5.30%, the Bytom will decline in value on a Tuesday quiet regularly. The expected price change of the Bytom on a Tuesday is between -4.90% and 5.69%.

On an average Wednesday, the Bytom increased 0.35%. However, since the expected deviation is 2.85%, the Bytom will decline in value on a Wednesday quiet regularly. The expected price change of the Bytom on a Wednesday is between -2.49% and 3.20%.

The Bytom declines in value on an average Thursday with -1.03%. However, the uncertainty (or standard deviation) is quite large, namely 5.52%. This means that it is not possible to say whether on a regular Thursday the Bytom will increase or decrease in value.

On an average Friday the Bytom shows an increase in value of 2.02%. However, the change of Bytom on most of the Fridays is between -7.24% and 11.29%. Therefore it is hard to tell whether an average Friday is a good day to start buying Bytoms.

Allthough the Bytom decreases in value with -0.50% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Bytom on Saturdays is 4.29%. This means that the expected change of the value of Bytom is between -4.79% and 3.79% on 68 out of 100 Saturdays.

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 0.23% 2.12% -1.89% to 2.35%
Monday -0.22% 1.06% -1.28% to 0.85%
Tuesday 0.40% 5.30% -4.90% to 5.69%
Wednesday 0.35% 2.85% -2.49% to 3.20%
Thursday -1.03% 5.52% -6.54% to 4.49%
Friday 2.02% 9.26% -7.24% to 11.29%
Saturday -0.50% 4.29% -4.79% to 3.79%
 

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