HedgeTrade (HEDG)

Current price: $ 0.68

24 hours price change: $ 0.001435 (0.21%)

Daily analysis of HedgeTrade (HEDG) - 6 months

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 6 months, starting on July 19th, 2021 to January 19th, 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 07/19/2021 and 01/19/2022.

According to the performance of HedgeTrade between July 19th, 2021 and January 19th, 2022, HedgeTrade performed the best on Fridays. On average, the price of HedgeTrade increased 2.79% on Friday.

The weekday on which the HedgeTrade performed the worst, is Saturday. On Saturdays, the HedgeTrade declined in value on average by -2.42%.

HedgeTrade weekday performance

On an average Sunday the HedgeTrade shows an increase in value of 1.51%. However, the change of HedgeTrade on most of the Sundays is between -9.33% and 12.35%. Therefore it is hard to tell whether an average Sunday is a good day to start buying HedgeTrades.

On Mondays, the HedgeTrade decreases in value on average with -0.70%. On most of the Mondays the HedgeTrade decreases in value between -7.11% and 5.70%. The uncertainty (6.41%) is higher than the average decline percentage (-0.70%). Therefore, expected range of price changes of the HedgeTrade on Mondays is large.

On Tuesdays, the HedgeTrade decreases in value on average with -0.84%. On most of the Tuesdays the HedgeTrade decreases in value between -7.95% and 6.26%. The uncertainty (7.10%) is higher than the average decline percentage (-0.84%). Therefore, expected range of price changes of the HedgeTrade on Tuesdays is large.

On an average Wednesday the HedgeTrade shows an increase in value of 1.14%. However, the change of HedgeTrade on most of the Wednesdays is between -6.76% and 9.03%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying HedgeTrades.

The HedgeTrade declines in value on an average Thursday with -1.42%. However, the uncertainty (or standard deviation) is quite large, namely 6.34%. This means that it is not possible to say whether on a regular Thursday the HedgeTrade will increase or decrease in value.

On an average Friday the HedgeTrade shows an increase in value of 2.79%. However, the change of HedgeTrade on most of the Fridays is between -15.31% and 20.90%. Therefore it is hard to tell whether an average Friday is a good day to start buying HedgeTrades.

The HedgeTrade declines in value on an average Saturday with -2.42%. However, the uncertainty (or standard deviation) is quite large, namely 7.23%. This means that it is not possible to say whether on a regular Saturday the HedgeTrade will increase or decrease in value.

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 1.51% 10.84% -9.33% to 12.35%
Monday -0.70% 6.41% -7.11% to 5.70%
Tuesday -0.84% 7.10% -7.95% to 6.26%
Wednesday 1.14% 7.90% -6.76% to 9.03%
Thursday -1.42% 6.34% -7.77% to 4.92%
Friday 2.79% 18.10% -15.31% to 20.90%
Saturday -2.42% 7.23% -9.64% to 4.81%
 

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