Hedera Hashgraph (HBAR)

Current price: $ 0.21

24 hours price change: $ 0.008600 (4.28%)

Daily analysis of Hedera Hashgraph (HBAR) - 1 month

The performance of Hedera Hashgraph regarding the price differs every day. To make the best decision to buy Hedera Hashgraph, we are analysis in this article the performance of Hedera Hashgraph on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on December 25th, 2021 to January 25th, 2022.

In the barchart below, the weekdays and average performance of Hedera Hashgraph are shown side by side.

Average daily change in price of Hedera Hashgraph per weekday between 12/25/2021 and 01/25/2022.

According to the performance of Hedera Hashgraph between December 25th, 2021 and January 25th, 2022, Hedera Hashgraph performed the best on Saturdays. On average, the price of Hedera Hashgraph increased 0.90% on Saturday.

The weekday on which the Hedera Hashgraph performed the worst, is Tuesday. On Tuesdays, the Hedera Hashgraph declined in value on average by -1.01%.

Hedera Hashgraph weekday performance

On an average Sunday, the Hedera Hashgraph increased 0.43%. However, since the expected deviation is 0.74%, the Hedera Hashgraph will decline in value on a Sunday quiet regularly. The expected price change of the Hedera Hashgraph on a Sunday is between -0.31% and 1.16%.

On Mondays, the Hedera Hashgraph decreases in value on average with -0.70%. On most of the Mondays the Hedera Hashgraph decreases in value between -0.84% and -0.56%. The uncertainty (0.14%) is higher than the average decline percentage (-0.70%). Therefore, expected range of price changes of the Hedera Hashgraph on Mondays is large.

The Hedera Hashgraph declines in value on an average Tuesday with -1.01%. However, the uncertainty (or standard deviation) is quite large, namely 0.51%. This means that it is not possible to say whether on a regular Tuesday the Hedera Hashgraph will increase or decrease in value.

On an average Wednesday, the Hedera Hashgraph increased 0.53%. However, since the expected deviation is 1.47%, the Hedera Hashgraph will decline in value on a Wednesday quiet regularly. The expected price change of the Hedera Hashgraph on a Wednesday is between -0.94% and 2.00%.

On an average Thursday, the Hedera Hashgraph increased 0.32%. However, since the expected deviation is 1.21%, the Hedera Hashgraph will decline in value on a Thursday quiet regularly. The expected price change of the Hedera Hashgraph on a Thursday is between -0.89% and 1.54%.

It is hard to tell whether the Hedera Hashgraph will increase or decrease in value on an average Friday. The average change on a Friday for the Hedera Hashgraph is -0.07%. However, the standard deviation on this weekday is 2.01%. This means that on most Fridays, the change in value of the Hedera Hashgraph is between -2.08% and 1.94%.

The expected range of change of the Hedera Hashgraph for an average Saturday is between 0.68% and 1.12%. This is the result of an average increase in value of 0.90% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.

Hedera Hashgraph weekday performance details

Find below the details of the performance of Hedera Hashgraph 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 0.43% 0.74% -0.31% to 1.16%
Monday -0.70% 0.14% -0.84% to -0.56%
Tuesday -1.01% 0.51% -1.51% to -0.50%
Wednesday 0.53% 1.47% -0.94% to 2.00%
Thursday 0.32% 1.21% -0.89% to 1.54%
Friday -0.07% 2.01% -2.08% to 1.94%
Saturday 0.90% 0.22% 0.68% to 1.12%
 

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