Bytom (BTM)

Current price: $ 0.03

24 hours price change: $ -0.001010 (-2.98%)

Daily analysis of Bytom (BTM) - 6 months

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 6 months, starting on July 19th, 2021 to January 19th, 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 07/19/2021 and 01/19/2022.

According to the performance of Bytom between July 19th, 2021 and January 19th, 2022, Bytom performed the best on Fridays. On average, the price of Bytom increased 4.20% on Friday.

The weekday on which the Bytom performed the worst, is Thursday. On Thursdays, the Bytom declined in value on average by -1.95%.

Bytom weekday performance

Historical performance on Sunday do not show an increase in value of the Bytom on which a prediction can be made. The Bytom increased in value on average on an average Sunday with 0.63%. However, the uncertainty of this increase is high. The expected change in value of the Bytom on a Sunday is between -2.27% and 3.53% (see also the table below).

Allthough the Bytom decreases in value with -0.46% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Bytom on Mondays is 1.41%. This means that the expected change of the value of Bytom is between -1.87% and 0.95% on 68 out of 100 Mondays.

Historical performance on Tuesday do not show an increase in value of the Bytom on which a prediction can be made. The Bytom increased in value on average on an average Tuesday with 0.85%. However, the uncertainty of this increase is high. The expected change in value of the Bytom on a Tuesday is between -6.49% and 8.20% (see also the table below).

Historical performance on Wednesday do not show an increase in value of the Bytom on which a prediction can be made. The Bytom increased in value on average on an average Wednesday with 0.74%. However, the uncertainty of this increase is high. The expected change in value of the Bytom on a Wednesday is between -3.04% and 4.52% (see also the table below).

The Bytom declines in value on an average Thursday with -1.95%. However, the uncertainty (or standard deviation) is quite large, namely 7.66%. This means that it is not possible to say whether on a regular Thursday the Bytom will increase or decrease in value.

The increase in value of the Bytom is 4.20% on an average Friday. However, the uncertainty on the average change is high for the Bytom on Fridays. This is the reason why an expected increase of the Bytom on an average Friday cannot be predicted. The standard deviation for Bytom on Fridays is high, namely 12.58%. This means that the expected range of value change for the Bytom is -8.38% and 16.78% on 68% of the Fridays.

On Saturdays, the Bytom decreases in value on average with -0.96%. On most of the Saturdays the Bytom decreases in value between -5.34% and 3.42%. The uncertainty (4.38%) is higher than the average decline percentage (-0.96%). Therefore, expected range of price changes of the Bytom on Saturdays is large.

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 0.63% 2.90% -2.27% to 3.53%
Monday -0.46% 1.41% -1.87% to 0.95%
Tuesday 0.85% 7.35% -6.49% to 8.20%
Wednesday 0.74% 3.78% -3.04% to 4.52%
Thursday -1.95% 7.66% -9.60% to 5.71%
Friday 4.20% 12.58% -8.38% to 16.78%
Saturday -0.96% 4.38% -5.34% to 3.42%
 

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