HyperCash (HC)

Current price: $ 1.72

24 hours price change: $ -0.11 (-5.90%)

Daily analysis of HyperCash (HC) - 1 month

The performance of HyperCash regarding the price differs every day. To make the best decision to buy HyperCash, we are analysis in this article the performance of HyperCash on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on April 16th, 2021 to May 16th, 2021.

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

Average daily change in price of HyperCash per weekday between 04/16/2021 and 05/16/2021.

According to the performance of HyperCash between April 16th, 2021 and May 16th, 2021, HyperCash performed the best on Tuesdays. On average, the price of HyperCash increased 5.67% on Tuesday.

The weekday on which the HyperCash performed the worst, is Wednesday. On Wednesdays, the HyperCash declined in value on average by -1.93%.

HyperCash weekday performance

HyperCash increased in value on an average Sunday only slightly. The average increase in value of the HyperCash was 0.03%. Allthough the HyperCash closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.46%). This means that on 68 percent of the Sundays, the change in price of the HyperCash is expected to be in the range of -0.43% and 0.49%.

The increase in value of the HyperCash is 4.11% on an average Monday. However, the uncertainty on the average change is high for the HyperCash on Mondays. This is the reason why an expected increase of the HyperCash on an average Monday cannot be predicted. The standard deviation for HyperCash on Mondays is high, namely 6.91%. This means that the expected range of value change for the HyperCash is -2.80% and 11.02% on 68% of the Mondays.

The increase in value of the HyperCash is 5.67% on an average Tuesday. However, the uncertainty on the average change is high for the HyperCash on Tuesdays. This is the reason why an expected increase of the HyperCash on an average Tuesday cannot be predicted. The standard deviation for HyperCash on Tuesdays is high, namely 9.67%. This means that the expected range of value change for the HyperCash is -4.00% and 15.34% on 68% of the Tuesdays.

The HyperCash declines in value on an average Wednesday with -1.93%. However, the uncertainty (or standard deviation) is quite large, namely 3.24%. This means that it is not possible to say whether on a regular Wednesday the HyperCash will increase or decrease in value.

On Thursdays, the HyperCash decreases in value on average with -0.69%. On most of the Thursdays the HyperCash decreases in value between -1.74% and 0.37%. The uncertainty (1.05%) is higher than the average decline percentage (-0.69%). Therefore, expected range of price changes of the HyperCash on Thursdays is large.

On an average Friday the HyperCash shows an increase in value of 1.16%. However, the change of HyperCash on most of the Fridays is between -1.16% and 3.49%. Therefore it is hard to tell whether an average Friday is a good day to start buying HyperCashs.

It is hard to tell whether the HyperCash will increase or decrease in value on an average Saturday. The average change on a Saturday for the HyperCash is -0.17%. However, the standard deviation on this weekday is 0.21%. This means that on most Saturdays, the change in value of the HyperCash is between -0.39% and 0.04%.

HyperCash weekday performance details

Find below the details of the performance of HyperCash 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 0.03% 0.46% -0.43% to 0.49%
Monday 4.11% 6.91% -2.80% to 11.02%
Tuesday 5.67% 9.67% -4.00% to 15.34%
Wednesday -1.93% 3.24% -5.16% to 1.31%
Thursday -0.69% 1.05% -1.74% to 0.37%
Friday 1.16% 2.33% -1.16% to 3.49%
Saturday -0.17% 0.21% -0.39% to 0.04%
 

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