Bytom (BTM)

Current price: $ 0.20

24 hours price change: $ 0.01 (6.63%)

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 November 11th, 2020 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 11/11/2020 and 05/11/2021.

According to the performance of Bytom between November 11th, 2020 and May 11th, 2021, Bytom performed the best on Thursdays. On average, the price of Bytom increased 1.49% on Thursday.

The weekday on which the Bytom performed the worst, is Sunday. On Sundays, the Bytom declined in value on average by -0.32%.

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 2.47%. This means that the expected change of the value of Bytom is between -2.79% and 2.14% on 68 out of 100 Sundays.

On an average Monday, the Bytom increased 0.36%. However, since the expected deviation is 4.72%, the Bytom will decline in value on a Monday quiet regularly. The expected price change of the Bytom on a Monday is between -4.37% and 5.08%.

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 0.75%. However, the uncertainty of this increase is high. The expected change in value of the Bytom on a Tuesday is between -3.29% and 4.79% (see also the table below).

Bytom increased in value on an average Wednesday only slightly. The average increase in value of the Bytom was 0.17%. 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 (5.83%). This means that on 68 percent of the Wednesdays, the change in price of the Bytom is expected to be in the range of -5.66% and 6.00%.

On an average Thursday the Bytom shows an increase in value of 1.49%. However, the change of Bytom on most of the Thursdays is between -2.92% and 5.90%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Bytoms.

Bytom increased in value on an average Friday only slightly. The average increase in value of the Bytom was 0.22%. 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 (3.11%). This means that on 68 percent of the Fridays, the change in price of the Bytom is expected to be in the range of -2.89% and 3.34%.

Historical performance on Saturday 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 Saturday with 0.70%. However, the uncertainty of this increase is high. The expected change in value of the Bytom on a Saturday is between -1.19% and 2.58% (see also the table below).

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% 2.47% -2.79% to 2.14%
Monday 0.36% 4.72% -4.37% to 5.08%
Tuesday 0.75% 4.04% -3.29% to 4.79%
Wednesday 0.17% 5.83% -5.66% to 6.00%
Thursday 1.49% 4.41% -2.92% to 5.90%
Friday 0.22% 3.11% -2.89% to 3.34%
Saturday 0.70% 1.89% -1.19% to 2.58%
 

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