Huobi Token (HT)

Current price: $ 15.09

24 hours price change: $ -1.35 (-8.24%)

Daily analysis of Huobi Token (HT) - 1 month

The performance of Huobi Token regarding the price differs every day. To make the best decision to buy Huobi Token, we are analysis in this article the performance of Huobi Token on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on February 5th, 2021 to March 5th, 2021.

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

Average daily change in price of Huobi Token per weekday between 02/05/2021 and 03/05/2021.

According to the performance of Huobi Token between February 5th, 2021 and March 5th, 2021, Huobi Token performed the best on Thursdays. On average, the price of Huobi Token increased 0.78% on Thursday.

The weekday on which the Huobi Token performed the worst, is Sunday. On Sundays, the Huobi Token declined in value on average by -2.65%.

Huobi Token weekday performance

The Huobi Token declines in value on an average Sunday with -2.65%. However, the uncertainty (or standard deviation) is quite large, namely 8.32%. This means that it is not possible to say whether on a regular Sunday the Huobi Token will increase or decrease in value.

The Huobi Token declines in value on an average Monday with -1.72%. However, the uncertainty (or standard deviation) is quite large, namely 4.47%. This means that it is not possible to say whether on a regular Monday the Huobi Token will increase or decrease in value.

Allthough the Huobi Token decreases in value with -0.38% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Huobi Token on Tuesdays is 1.43%. This means that the expected change of the value of Huobi Token is between -1.81% and 1.04% on 68 out of 100 Tuesdays.

The Huobi Token declines in value on an average Wednesday with -1.01%. However, the uncertainty (or standard deviation) is quite large, namely 1.14%. This means that it is not possible to say whether on a regular Wednesday the Huobi Token will increase or decrease in value.

Historical performance on Thursday do not show an increase in value of the Huobi Token on which a prediction can be made. The Huobi Token increased in value on average on an average Thursday with 0.78%. However, the uncertainty of this increase is high. The expected change in value of the Huobi Token on a Thursday is between -0.84% and 2.40% (see also the table below).

The Huobi Token declines in value on an average Friday with -1.17%. However, the uncertainty (or standard deviation) is quite large, namely 6.07%. This means that it is not possible to say whether on a regular Friday the Huobi Token will increase or decrease in value.

On an average Saturday, the Huobi Token increased 0.55%. However, since the expected deviation is 4.17%, the Huobi Token will decline in value on a Saturday quiet regularly. The expected price change of the Huobi Token on a Saturday is between -3.61% and 4.72%.

Huobi Token weekday performance details

Find below the details of the performance of Huobi Token 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 -2.65% 8.32% -10.97% to 5.68%
Monday -1.72% 4.47% -6.19% to 2.75%
Tuesday -0.38% 1.43% -1.81% to 1.04%
Wednesday -1.01% 1.14% -2.16% to 0.13%
Thursday 0.78% 1.62% -0.84% to 2.40%
Friday -1.17% 6.07% -7.24% to 4.89%
Saturday 0.55% 4.17% -3.61% to 4.72%
 

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