Huobi Token (HT)

Current price: $ 13.25

24 hours price change: $ 0.03 (0.23%)

Daily analysis of Huobi Token (HT) - 6 months

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 6 months, starting on December 13th, 2020 to June 13th, 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 12/13/2020 and 06/13/2021.

According to the performance of Huobi Token between December 13th, 2020 and June 13th, 2021, Huobi Token performed the best on Thursdays. On average, the price of Huobi Token increased 0.83% 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 -0.33%.

Huobi Token weekday performance

Allthough the Huobi Token decreases in value with -0.33% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Huobi Token on Sundays is 3.52%. This means that the expected change of the value of Huobi Token is between -3.85% and 3.19% on 68 out of 100 Sundays.

On an average Monday, the Huobi Token increased 0.36%. However, since the expected deviation is 3.04%, the Huobi Token will decline in value on a Monday quiet regularly. The expected price change of the Huobi Token on a Monday is between -2.68% and 3.39%.

Huobi Token increased in value on an average Tuesday only slightly. The average increase in value of the Huobi Token was 0.06%. 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 (2.61%). This means that on 68 percent of the Tuesdays, the change in price of the Huobi Token is expected to be in the range of -2.56% and 2.67%.

It is hard to tell whether the Huobi Token will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Huobi Token is -0.30%. However, the standard deviation on this weekday is 2.84%. This means that on most Wednesdays, the change in value of the Huobi Token is between -3.14% and 2.54%.

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 0.83%. However, the uncertainty of this increase is high. The expected change in value of the Huobi Token on a Thursday is between -2.69% and 4.34% (see also the table below).

On an average Friday, the Huobi Token increased 0.37%. However, since the expected deviation is 4.31%, the Huobi Token will decline in value on a Friday quiet regularly. The expected price change of the Huobi Token on a Friday is between -3.94% and 4.68%.

On an average Saturday, the Huobi Token increased 0.31%. However, since the expected deviation is 2.28%, 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 -1.97% and 2.60%.

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 -0.33% 3.52% -3.85% to 3.19%
Monday 0.36% 3.04% -2.68% to 3.39%
Tuesday 0.06% 2.61% -2.56% to 2.67%
Wednesday -0.30% 2.84% -3.14% to 2.54%
Thursday 0.83% 3.52% -2.69% to 4.34%
Friday 0.37% 4.31% -3.94% to 4.68%
Saturday 0.31% 2.28% -1.97% to 2.60%
 

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