Hedera Hashgraph (HBAR)

Current price: $ 0.06

24 hours price change: $ -0.000440 (-0.77%)

Daily analysis of Hedera Hashgraph (HBAR) - 1 year

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 year, starting on October 1st, 2021 to October 1st, 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 10/01/2021 and 10/01/2022.

According to the performance of Hedera Hashgraph between October 1st, 2021 and October 1st, 2022, Hedera Hashgraph performed the best on Wednesdays. On average, the price of Hedera Hashgraph increased 0.17% on Wednesday.

The weekday on which the Hedera Hashgraph performed the worst, is Monday. On Mondays, the Hedera Hashgraph declined in value on average by -0.21%.

Hedera Hashgraph weekday performance

It is hard to tell whether the Hedera Hashgraph will increase or decrease in value on an average Sunday. The average change on a Sunday for the Hedera Hashgraph is -0.05%. However, the standard deviation on this weekday is 0.86%. This means that on most Sundays, the change in value of the Hedera Hashgraph is between -0.91% and 0.81%.

It is hard to tell whether the Hedera Hashgraph will increase or decrease in value on an average Monday. The average change on a Monday for the Hedera Hashgraph is -0.21%. However, the standard deviation on this weekday is 0.98%. This means that on most Mondays, the change in value of the Hedera Hashgraph is between -1.19% and 0.77%.

It is hard to tell whether the Hedera Hashgraph will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Hedera Hashgraph is -0.08%. However, the standard deviation on this weekday is 1.43%. This means that on most Tuesdays, the change in value of the Hedera Hashgraph is between -1.51% and 1.36%.

Hedera Hashgraph increased in value on an average Wednesday only slightly. The average increase in value of the Hedera Hashgraph was 0.17%. 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 (1.23%). This means that on 68 percent of the Wednesdays, the change in price of the Hedera Hashgraph is expected to be in the range of -1.07% and 1.40%.

It is hard to tell whether the Hedera Hashgraph will increase or decrease in value on an average Thursday. The average change on a Thursday for the Hedera Hashgraph is -0.01%. However, the standard deviation on this weekday is 2.19%. This means that on most Thursdays, the change in value of the Hedera Hashgraph is between -2.19% and 2.18%.

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 -0.02%. However, the standard deviation on this weekday is 1.92%. This means that on most Fridays, the change in value of the Hedera Hashgraph is between -1.95% and 1.90%.

Hedera Hashgraph increased in value on an average Saturday only slightly. The average increase in value of the Hedera Hashgraph was 0.14%. 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 (2.00%). 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 -1.86% and 2.15%.

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 -0.05% 0.86% -0.91% to 0.81%
Monday -0.21% 0.98% -1.19% to 0.77%
Tuesday -0.08% 1.43% -1.51% to 1.36%
Wednesday 0.17% 1.23% -1.07% to 1.40%
Thursday -0.01% 2.19% -2.19% to 2.18%
Friday -0.02% 1.92% -1.95% to 1.90%
Saturday 0.14% 2.00% -1.86% to 2.15%
 

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