Huobi Token (HT)

Current price: $ 8.72

24 hours price change: $ -0.12 (-1.34%)

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 December 26th, 2021 to January 26th, 2022.

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 12/26/2021 and 01/26/2022.

According to the performance of Huobi Token between December 26th, 2021 and January 26th, 2022, Huobi Token performed the best on Sundays. On average, the price of Huobi Token increased 0.39% on Sunday.

The weekday on which the Huobi Token performed the worst, is Tuesday. On Tuesdays, the Huobi Token declined in value on average by -0.76%.

Huobi Token weekday performance

On an average Sunday, the Huobi Token increased 0.39%. However, since the expected deviation is 1.25%, the Huobi Token will decline in value on a Sunday quiet regularly. The expected price change of the Huobi Token on a Sunday is between -0.87% and 1.64%.

It is hard to tell whether the Huobi Token will increase or decrease in value on an average Monday. The average change on a Monday for the Huobi Token is -0.16%. However, the standard deviation on this weekday is 0.88%. This means that on most Mondays, the change in value of the Huobi Token is between -1.05% and 0.72%.

On Tuesdays, the Huobi Token decreases in value on average with -0.76%. On most of the Tuesdays the Huobi Token decreases in value between -1.62% and 0.09%. The uncertainty (0.85%) is higher than the average decline percentage (-0.76%). Therefore, expected range of price changes of the Huobi Token on Tuesdays is large.

Huobi Token increased in value on an average Wednesday only slightly. The average increase in value of the Huobi Token was 0.10%. Allthough the Huobi Token closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.22%). This means that on 68 percent of the Wednesdays, the change in price of the Huobi Token is expected to be in the range of -0.11% and 0.32%.

It is hard to tell whether the Huobi Token will increase or decrease in value on an average Thursday. The average change on a Thursday for the Huobi Token is -0.02%. However, the standard deviation on this weekday is 0.53%. This means that on most Thursdays, the change in value of the Huobi Token is between -0.55% and 0.51%.

It is hard to tell whether the Huobi Token will increase or decrease in value on an average Friday. The average change on a Friday for the Huobi Token is -0.04%. However, the standard deviation on this weekday is 0.80%. This means that on most Fridays, the change in value of the Huobi Token is between -0.84% and 0.77%.

On an average Saturday, the Huobi Token increased 0.32%. However, since the expected deviation is 0.48%, 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 -0.16% and 0.80%.

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 0.39% 1.25% -0.87% to 1.64%
Monday -0.16% 0.88% -1.05% to 0.72%
Tuesday -0.76% 0.85% -1.62% to 0.09%
Wednesday 0.10% 0.22% -0.11% to 0.32%
Thursday -0.02% 0.53% -0.55% to 0.51%
Friday -0.04% 0.80% -0.84% to 0.77%
Saturday 0.32% 0.48% -0.16% to 0.80%
 

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