Hedera Hashgraph (HBAR)

Current price: $ 0.30

24 hours price change: $ 0.02 (5.29%)

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 April 6th, 2021 to May 5th, 2021.

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 04/06/2021 and 05/05/2021.

According to the performance of Hedera Hashgraph between April 6th, 2021 and May 5th, 2021, Hedera Hashgraph performed the best on Mondays. On average, the price of Hedera Hashgraph increased 4.12% on Monday.

The weekday on which the Hedera Hashgraph performed the worst, is Wednesday. On Wednesdays, the Hedera Hashgraph declined in value on average by -1.29%.

Hedera Hashgraph weekday performance

The average increase of the Hedera Hashgraph on an average Sunday is 0.49%. This is a small increase, however, the expected change of the Hedera Hashgraph in 95% of the Sundays is -0.01% and 0.99%. This means that only on 2.5% (or slightly over 1 Sunday per year) the expected change of the Hedera Hashgraph is below -0.01%. On the other hand, you would not have to expect that the change on a single Sunday will be above 0.99%. This will also only happen on 2.5% of the Sundays. On 68% of the Sundays, the increase of the Hedera Hashgraph will be in the range of 0.24% and 0.74%.

The increase in value of the Hedera Hashgraph is 4.12% on an average Monday. However, the uncertainty on the average change is high for the Hedera Hashgraph on Mondays. This is the reason why an expected increase of the Hedera Hashgraph on an average Monday cannot be predicted. The standard deviation for Hedera Hashgraph on Mondays is high, namely 6.77%. This means that the expected range of value change for the Hedera Hashgraph is -2.65% and 10.88% on 68% of the Mondays.

On an average Tuesday the Hedera Hashgraph shows an increase in value of 1.46%. However, the change of Hedera Hashgraph on most of the Tuesdays is between -1.05% and 3.96%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Hedera Hashgraphs.

The Hedera Hashgraph declines in value on an average Wednesday with -1.29%. However, the uncertainty (or standard deviation) is quite large, namely 2.07%. This means that it is not possible to say whether on a regular Wednesday the Hedera Hashgraph will increase or decrease in value.

Hedera Hashgraph increased in value on an average Thursday only slightly. The average increase in value of the Hedera Hashgraph was 0.30%. Allthough the Hedera Hashgraph closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.41%). This means that on 68 percent of the Thursdays, the change in price of the Hedera Hashgraph is expected to be in the range of -0.12% and 0.71%.

On an average Friday the Hedera Hashgraph shows an increase in value of 1.12%. However, the change of Hedera Hashgraph on most of the Fridays is between -0.90% and 3.13%. Therefore it is hard to tell whether an average Friday is a good day to start buying Hedera Hashgraphs.

Hedera Hashgraph increased in value on an average Saturday only slightly. The average increase in value of the Hedera Hashgraph was 0.19%. Allthough the Hedera Hashgraph closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.35%). This means that on 68 percent of the Saturdays, the change in price of the Hedera Hashgraph is expected to be in the range of -0.16% and 0.53%.

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 0.49% 0.25% 0.24% to 0.74%
Monday 4.12% 6.77% -2.65% to 10.88%
Tuesday 1.46% 2.50% -1.05% to 3.96%
Wednesday -1.29% 2.07% -3.36% to 0.77%
Thursday 0.30% 0.41% -0.12% to 0.71%
Friday 1.12% 2.01% -0.90% to 3.13%
Saturday 0.19% 0.35% -0.16% to 0.53%
 

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.