Qtum (QTUM)

Current price: $ 6.12

24 hours price change: $ 0.48 (8.54%)

Daily analysis of Qtum (QTUM) - 1 month

The performance of Qtum regarding the price differs every day. To make the best decision to buy Qtum, we are analysis in this article the performance of Qtum on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on June 24th, 2021 to July 24th, 2021.

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

Average daily change in price of Qtum per weekday between 06/24/2021 and 07/24/2021.

According to the performance of Qtum between June 24th, 2021 and July 24th, 2021, Qtum performed the best on Tuesdays. On average, the price of Qtum increased 4.97% on Tuesday.

The weekday on which the Qtum performed the worst, is Friday. On Fridays, the Qtum declined in value on average by -2.12%.

Qtum weekday performance

On an average Sunday the Qtum shows an increase in value of 1.56%. However, the change of Qtum on most of the Sundays is between -0.96% and 4.08%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Qtums.

On an average Monday, the Qtum increased 0.50%. However, since the expected deviation is 0.86%, the Qtum will decline in value on a Monday quiet regularly. The expected price change of the Qtum on a Monday is between -0.36% and 1.36%.

The increase in value of the Qtum is 4.97% on an average Tuesday. However, the uncertainty on the average change is high for the Qtum on Tuesdays. This is the reason why an expected increase of the Qtum on an average Tuesday cannot be predicted. The standard deviation for Qtum on Tuesdays is high, namely 8.62%. This means that the expected range of value change for the Qtum is -3.65% and 13.60% on 68% of the Tuesdays.

On an average Wednesday, the Qtum increased 0.35%. However, since the expected deviation is 0.58%, the Qtum will decline in value on a Wednesday quiet regularly. The expected price change of the Qtum on a Wednesday is between -0.23% and 0.94%.

On an average Thursday the Qtum shows an increase in value of 1.01%. However, the change of Qtum on most of the Thursdays is between -1.00% and 3.02%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Qtums.

The Qtum declines in value on an average Friday with -2.12%. However, the uncertainty (or standard deviation) is quite large, namely 4.07%. This means that it is not possible to say whether on a regular Friday the Qtum will increase or decrease in value.

On an average Saturday the Qtum shows an increase in value of 1.07%. However, the change of Qtum on most of the Saturdays is between -1.07% and 3.21%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Qtums.

Qtum weekday performance details

Find below the details of the performance of Qtum 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 1.56% 2.52% -0.96% to 4.08%
Monday 0.50% 0.86% -0.36% to 1.36%
Tuesday 4.97% 8.62% -3.65% to 13.60%
Wednesday 0.35% 0.58% -0.23% to 0.94%
Thursday 1.01% 2.01% -1.00% to 3.02%
Friday -2.12% 4.07% -6.19% to 1.95%
Saturday 1.07% 2.14% -1.07% to 3.21%
 

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.