Hedera Hashgraph (HBAR)

Current price: $ 0.08

24 hours price change: $ -0.001180 (-1.52%)

Daily analysis of Hedera Hashgraph (HBAR) - 6 months

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 6 months, starting on February 16th, 2022 to August 16th, 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 02/16/2022 and 08/16/2022.

According to the performance of Hedera Hashgraph between February 16th, 2022 and August 16th, 2022, Hedera Hashgraph performed the best on Tuesdays. On average, the price of Hedera Hashgraph increased 0.35% on Tuesday.

The weekday on which the Hedera Hashgraph performed the worst, is Friday. On Fridays, the Hedera Hashgraph declined in value on average by -0.61%.

Hedera Hashgraph weekday performance

Hedera Hashgraph increased in value on an average Sunday only slightly. The average increase in value of the Hedera Hashgraph was 0.06%. 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 (0.54%). This means that on 68 percent of the Sundays, the change in price of the Hedera Hashgraph is expected to be in the range of -0.48% and 0.61%.

Hedera Hashgraph increased in value on an average Monday only slightly. The average increase in value of the Hedera Hashgraph was 0.05%. 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 (0.30%). This means that on 68 percent of the Mondays, the change in price of the Hedera Hashgraph is expected to be in the range of -0.25% and 0.35%.

On an average Tuesday, the Hedera Hashgraph increased 0.35%. However, since the expected deviation is 0.87%, the Hedera Hashgraph will decline in value on a Tuesday quiet regularly. The expected price change of the Hedera Hashgraph on a Tuesday is between -0.52% and 1.22%.

It is hard to tell whether the Hedera Hashgraph will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Hedera Hashgraph is -0.14%. However, the standard deviation on this weekday is 0.81%. This means that on most Wednesdays, the change in value of the Hedera Hashgraph is between -0.96% and 0.67%.

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 -0.02%. However, the standard deviation on this weekday is 0.76%. This means that on most Thursdays, the change in value of the Hedera Hashgraph is between -0.78% and 0.74%.

On Fridays, the Hedera Hashgraph decreases in value on average with -0.61%. On most of the Fridays the Hedera Hashgraph decreases in value between -2.06% and 0.85%. The uncertainty (1.45%) is higher than the average decline percentage (-0.61%). Therefore, expected range of price changes of the Hedera Hashgraph on Fridays is large.

It is hard to tell whether the Hedera Hashgraph will increase or decrease in value on an average Saturday. The average change on a Saturday for the Hedera Hashgraph is -0.26%. However, the standard deviation on this weekday is 2.23%. This means that on most Saturdays, the change in value of the Hedera Hashgraph is between -2.49% and 1.96%.

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 0.06% 0.54% -0.48% to 0.61%
Monday 0.05% 0.30% -0.25% to 0.35%
Tuesday 0.35% 0.87% -0.52% to 1.22%
Wednesday -0.14% 0.81% -0.96% to 0.67%
Thursday -0.02% 0.76% -0.78% to 0.74%
Friday -0.61% 1.45% -2.06% to 0.85%
Saturday -0.26% 2.23% -2.49% to 1.96%
 

About Us

: Financial indicators for cryptocurrencies