HedgeTrade (HEDG)

Current price: $ 0.68

24 hours price change: $ -0.001269 (-0.19%)

Daily analysis of HedgeTrade (HEDG) - 1 month

The performance of HedgeTrade regarding the price differs every day. To make the best decision to buy HedgeTrade, we are analysis in this article the performance of HedgeTrade on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on December 19th, 2021 to January 18th, 2022.

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

Average daily change in price of HedgeTrade per weekday between 12/19/2021 and 01/18/2022.

According to the performance of HedgeTrade between December 19th, 2021 and January 18th, 2022, HedgeTrade performed the best on Fridays. On average, the price of HedgeTrade increased 2.19% on Friday.

The weekday on which the HedgeTrade performed the worst, is Sunday. On Sundays, the HedgeTrade declined in value on average by -5.32%.

HedgeTrade weekday performance

The decrease in value of the HedgeTrade is -5.32% on an average Sunday. The uncertainty of the average change is high for the HedgeTrade on Sundays. This means that it is hard to tell whether the HedgeTrade will decrease or increase in value on an average Sunday. If we look at the 68% range of the HedgeTrade, we see that on 68% of the Sundays, the expected change of the HedgeTrade is between -11.62% and 0.98%.

The decrease in value of the HedgeTrade is -3.10% on an average Monday. The uncertainty of the average change is high for the HedgeTrade on Mondays. This means that it is hard to tell whether the HedgeTrade will decrease or increase in value on an average Monday. If we look at the 68% range of the HedgeTrade, we see that on 68% of the Mondays, the expected change of the HedgeTrade is between -8.31% and 2.11%.

The decrease in value of the HedgeTrade is -3.77% on an average Tuesday. The uncertainty of the average change is high for the HedgeTrade on Tuesdays. This means that it is hard to tell whether the HedgeTrade will decrease or increase in value on an average Tuesday. If we look at the 68% range of the HedgeTrade, we see that on 68% of the Tuesdays, the expected change of the HedgeTrade is between -10.73% and 3.19%.

HedgeTrade increased in value on an average Wednesday only slightly. The average increase in value of the HedgeTrade was 0.19%. Allthough the HedgeTrade closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.55%). This means that on 68 percent of the Wednesdays, the change in price of the HedgeTrade is expected to be in the range of -0.36% and 0.74%.

It is hard to tell whether the HedgeTrade will increase or decrease in value on an average Thursday. The average change on a Thursday for the HedgeTrade is -0.01%. However, the standard deviation on this weekday is 0.54%. This means that on most Thursdays, the change in value of the HedgeTrade is between -0.55% and 0.53%.

On an average Friday the HedgeTrade shows an increase in value of 2.19%. However, the change of HedgeTrade on most of the Fridays is between -1.68% and 6.06%. Therefore it is hard to tell whether an average Friday is a good day to start buying HedgeTrades.

The expected range of change of the HedgeTrade for an average Saturday is between 0.33% and 1.07%. This is the result of an average increase in value of 0.70% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.

HedgeTrade weekday performance details

Find below the details of the performance of HedgeTrade 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 -5.32% 6.30% -11.62% to 0.98%
Monday -3.10% 5.21% -8.31% to 2.11%
Tuesday -3.77% 6.96% -10.73% to 3.19%
Wednesday 0.19% 0.55% -0.36% to 0.74%
Thursday -0.01% 0.54% -0.55% to 0.53%
Friday 2.19% 3.87% -1.68% to 6.06%
Saturday 0.70% 0.37% 0.33% to 1.07%
 

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