Bytom (BTM)

Current price: $ 0.09

24 hours price change: $ 0.002581 (2.83%)

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 July 10th, 2019 to July 9th, 2020.

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 07/10/2019 and 07/09/2020.

According to the performance of Bytom between July 10th, 2019 and July 9th, 2020, Bytom performed the best on Sundays. On average, the price of Bytom increased 0.34% on Sunday.

The weekday on which the Bytom performed the worst, is Saturday. On Saturdays, the Bytom declined in value on average by -0.36%.

Bytom weekday performance

On an average Sunday, the Bytom increased 0.34%. However, since the expected deviation is 2.61%, the Bytom will decline in value on a Sunday quiet regularly. The expected price change of the Bytom on a Sunday is between -2.27% and 2.95%.

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 0.00%. However, the standard deviation on this weekday is 0.93%. This means that on most Mondays, the change in value of the Bytom is between -0.93% and 0.93%.

Bytom increased in value on an average Tuesday only slightly. The average increase in value of the Bytom was 0.03%. 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 (1.12%). This means that on 68 percent of the Tuesdays, the change in price of the Bytom is expected to be in the range of -1.09% and 1.15%.

It is hard to tell whether the Bytom will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Bytom is -0.04%. However, the standard deviation on this weekday is 1.09%. This means that on most Wednesdays, the change in value of the Bytom is between -1.13% and 1.04%.

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 -0.11%. However, the standard deviation on this weekday is 1.10%. This means that on most Thursdays, the change in value of the Bytom is between -1.20% and 0.99%.

Bytom increased in value on an average Friday only slightly. The average increase in value of the Bytom was 0.03%. 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 (0.87%). This means that on 68 percent of the Fridays, the change in price of the Bytom is expected to be in the range of -0.83% and 0.90%.

Allthough the Bytom decreases in value with -0.36% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Bytom on Saturdays is 1.37%. This means that the expected change of the value of Bytom is between -1.72% and 1.01% 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 0.34% 2.61% -2.27% to 2.95%
Monday 0.00% 0.93% -0.93% to 0.93%
Tuesday 0.03% 1.12% -1.09% to 1.15%
Wednesday -0.04% 1.09% -1.13% to 1.04%
Thursday -0.11% 1.10% -1.20% to 0.99%
Friday 0.03% 0.87% -0.83% to 0.90%
Saturday -0.36% 1.37% -1.72% to 1.01%
 

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