Market Analysis on Steem Vs. Steem Dollars For the Month of November 2017 (November 01 - 30) | " From Opening Price to Close Price with Volume and Market Cap "

in #utopian-io • 7 years ago (edited)

Good day to all the readers! ^_^

This contribution is an analysis on the Fluctuating Values of Steem and Steem Dollars for the month of November, 2017. Therefore, the data described in this contribution will cover only from " November 01, 2017 – November 30, 2017 " in which the values of Steem and Steem Dollars are being compared from each other. The comparison are being represented to its equivalents in US Dollars. The comparison also includes the Open Price, Highest Price, Lowest Price, Closing Price, Volume and the Market Cap.

Continuing to the analysis, I have here a representation of the data gathered with regards to the Fluctuating Values of Steem and Steem Dollars which has been represented through tables, graphs and charts. In order to compare Steem and Steem Dollars, the said tables, graphs and charts will be the basis and so as the source of the presentation.

Here are the Data Gathered on STEEM…

Steem.JPG

Data Source: Steem

Here are the Data Gathered on STEEM DOLLARS…

Steem Dollars.JPG

Data Source: Steem Dollars

COMPARISON ON OPEN PRICE

Open Price.JPG

ANALYSIS

Looking at the graph above, from November 01 to November 22, 2017, it can be observed that the opening prices of Steem Dollars and Steems has a lesser difference in their values. However, starting from November 23 until November 30, 2017, the difference in their values became much higher. It can be concluded that on November 01 to November 30, 2017, the opening prices of Steem Dollars are much higher compared to the opening prices of Steems. The lowest difference in the values of Steem and Steem Dollars was on November 04, 2017 having a difference of 0.033874 , and the highest difference in their values was on November 23, 2017 having a difference of 0.672115. To explain further the data given in the graph above, another data below is given in order to state further how much is the difference between Steem Dollars and Steem.

Steem and Steem Dollars Opening Price Value Difference

Date
Value Difference
November 30, 20170.291634
November 29, 20170.38
November 28, 20170.5
November 27, 20170.49
November 26, 20170.62
November 25, 20170.32547
November 24, 20170.424765
November 23, 20170.672115
November 22, 20170.063565
November 21, 20170.090231
November 20, 20170.053952
November 19, 20170.083442
November 18, 20170.06474
November 17, 20170.055283
November 16, 20170.063473
November 15, 20170.099616
November 14, 20170.117386
November 13, 20170.122193
November 12, 20170.051377
November 11, 20170.071772
November 10, 20170.035979
November 09, 20170.069217
November 08, 20170.12431
November 07, 20170.093848
November 06, 20170.094521
November 05, 20170.069167
November 04, 20170.033874
November 03, 20170.115271
November 02, 20170.103856
November 01, 20170.035435

COMPARISON ON HIGHEST PRICE

High Price.JPG

ANALYSIS

Looking at the graph above, on November 01, 2017, the highest price of Steem and Steem Dollars has a high difference from each other. And from November 02 to November 21, 2017, it can be observed that the highest price of Steem Dollars and Steems has a lesser difference in their values. However, starting from November 22 until November 30, 2017, the difference in their values became much higher again. It can be concluded that from November 01 to November 30, 2017, the highest prices of Steem Dollars are higher in value compared to the highest prices of Steems. The lowest difference in the values of Steem and Steem Dollars was on November 10, 2017 having a difference of 0.02, and the highest difference in their values was on November 22, 2017 having a difference of 1.82. To explain further the data given in the graph above, another data below is given in order to state further how much is the difference between Steem Dollars and Steem.

Steem and Steem Dollars High Price Value Difference

Date
Value Difference
November 30, 20170.33
November 29, 20170.36
November 28, 20170.51
November 27, 20170.68
November 26, 20170.54
November 25, 20170.87
November 24, 20170.421573
November 23, 20170.64
November 22, 20171.82
November 21, 20170.078073
November 20, 20170.076467
November 19, 20170.075754
November 18, 20170.07394
November 17, 20170.076555
November 16, 20170.070258
November 15, 20170.090098
November 14, 20170.10431
November 13, 20170.100523
November 12, 20170.062235
November 11, 20170.055186
November 10, 20170.02
November 09, 20170.09
November 08, 20170.06466
November 07, 20170.091839
November 06, 20170.104
November 05, 20170.085934
November 04, 20170.034343
November 03, 20170.038562
November 02, 20170.112751
November 01, 20170.709402

COMPARISON ON LOWEST PRICE

Low Price.JPG

ANALYSIS

Looking at the graph above, on November 01 to November 22, 2017, it can be observed that the lowest price of Steem Dollars and Steems has a lesser difference in their values. However, starting from November 23 until November 30, 2017, the difference in their values became much higher. It can be concluded that from November 01 to November 30, 2017, the lowest prices of Steem Dollars are higher in value compared to the highest prices of Steems. The lowest difference in the values of Steem and Steem Dollars was on November 10, 2017 having a difference of 0.047947, and the highest difference in their values was on November 27, 2017 having a difference of 0.51. To explain further the data given in the graph above, another data below is given in order to state further how much is the difference between Steem Dollars and Steem.

Steem and Steem Dollars Low Price Value Difference

Date
Value Difference
November 30, 20170.296926
November 29, 20170.313258
November 28, 20170.41
November 27, 20170.51
November 26, 20170.47
November 25, 20170.326213
November 24, 20170.305664
November 23, 20170.384014
November 22, 20170.06093
November 21, 20170.065131
November 20, 20170.065859
November 19, 20170.06789
November 18, 20170.067127
November 17, 20170.063107
November 16, 20170.062841
November 15, 20170.061013
November 14, 20170.055398
November 13, 20170.107874
November 12, 20170.090386
November 11, 20170.06717
November 10, 20170.047947
November 09, 20170.048477
November 08, 20170.083129
November 07, 20170.110364
November 06, 20170.08777
November 05, 20170.099673
November 04, 20170.056292
November 03, 20170.091542
November 02, 20170.110596
November 01, 20170.105104

COMPARISON ON CLOSED PRICE

Close Price.JPG

ANALYSIS

Looking at the graph above, on November 01 to November 21, 2017, it can be observed that the closed price of Steem Dollars and Steems has a lesser difference in their values. However, starting from November 22 until November 30, 2017, the difference in their values became much higher. It can be concluded that from November 01 to November 30, 2017, the closed prices of Steem Dollars are higher in value compared to the closed prices of Steems. The lowest difference in the values of Steem and Steem Dollars was on November 09, 2017 having a difference of 0.021127, and the highest difference in their values was on November 22, 2017 having a difference of 0.67. To explain further the data given in the graph above, another data below is given in order to state further how much is the difference between Steem Dollars and Steem.

Steem and Steem Dollars Closed Price Value Difference

Date
Value Difference
November 30, 20170.3
November 29, 20170.294099
November 28, 20170.4
November 27, 20170.49
November 26, 20170.51
November 25, 20170.62
November 24, 20170.32495
November 23, 20170.420844
November 22, 20170.67
November 21, 20170.06389
November 20, 20170.085699
November 19, 20170.051972
November 18, 20170.082049
November 17, 20170.071997
November 16, 20170.056801
November 15, 20170.058327
November 14, 20170.089852
November 13, 20170.107187
November 12, 20170.130773
November 11, 20170.066999
November 10, 20170.078407
November 09, 20170.021127
November 08, 20170.045942
November 07, 20170.126197
November 06, 20170.08234
November 05, 20170.102833
November 04, 20170.068404
November 03, 20170.031039
November 02, 20170.102568
November 01, 20170.102818

COMPARISON ON VOLUME

Volume.JPG

ANALYSIS

Looking at the graph above, it can easily be observed that the volumes of Steem Dollars and Steems has really high difference from each other. On November 01, 2017 the volumes of Steem Dollars and Steems are almost equal. However on the next days of the said month, the difference in their values became very high specifically on November 22, 2017. The lowest difference in the values of Steem and Steem Dollars was on November 01, 2017 having a difference of 262,460, and the highest difference in their values was on November 22, 2017 having a difference of 6,401,800. To explain further the data given in the graph above, another data below is given in order to state further how much is the difference between Steem Dollars and Steem.

Steem and Steem Dollars Closed Price Value Difference

Date
Value Difference
November 30, 2017832,939
November 29, 20173,255,124
November 28, 20173,313,381
November 27, 20172,988,470
November 26, 20171,237,301
November 25, 20171,141,710
November 24, 2017857,358
November 23, 20171,050,040
November 22, 20176,401,800
November 21, 2017982,530
November 20, 2017891,262
November 19, 2017837,097
November 18, 2017715,879
November 17, 2017852,318
November 16, 20171,138,593
November 15, 2017925,927
November 14, 2017872,152
November 13, 20171,508,387
November 12, 20171,623,569
November 11, 20171,202,867
November 10, 20171,439,687
November 09, 20171,530,051
November 08, 20171,151,065
November 07, 2017857,071
November 06, 2017750,499
November 05, 2017657,629
November 04, 2017628,082
November 03, 20171,072,039
November 02, 20171,201,349
November 01, 2017262,460

COMPARISON ON MARKET CAP

Market Cap.JPG

ANALYSIS

Looking at the graph above, basically, the Market Cap of Steem and Steem Dollars will have a big difference from each other. This is due to the reason that they have difference in their values and in demands. And since they have the said differences, the Market Cap needed should have also differences. From the given data above, the lowest difference in the values of Steem and Steem Dollars was on November 13, 2017 having a difference of 202,945,710, and the highest difference in their values was on November 28, 2017 having a difference of 284,610,170. To explain further the data given in the graph above, another data below is given in order to state further how much is the difference between Steem Dollars and Steem.

Steem and Steem Dollars Closed Price Value Difference

Date
Value Difference
November 30, 2017232,032,010
November 29, 2017279,818,990
November 28, 2017284,610,170
November 27, 2017266,579,820
November 26, 2017251,009,620
November 25, 2017228,870,250
November 24, 2017231,108,090
November 23, 2017240,734,580
November 22, 2017215,875,970
November 21, 2017220,384,510
November 20, 2017221,053,530
November 19, 2017222,606,110
November 18, 2017218,145,300
November 17, 2017224,767,410
November 16, 2017232,301,310
November 15, 2017228,280,810
November 14, 2017223,814,210
November 13, 2017202,945,710
November 12, 2017225,964,280
November 11, 2017214,136,210
November 10, 2017236,294,660
November 09, 2017228,072,770
November 08, 2017208,810,400
November 07, 2017207,541,640
November 06, 2017213,888,520
November 05, 2017219,772,310
November 04, 2017227,334,010
November 03, 2017209,082,400
November 02, 2017213,650,200
November 01, 2017227,515,900

Why did i generate this data?

I generate this data so that Steemit users could see and analyze how much value of Steem and Steem Dollars differs from each other. Also, in order for Steemit users to decide if they are going to choose Steem or Steem Dollars on their accounts on Steemit.

Over-ALL Conclusion

Therefore, Steem Dollars on the month of November has higher value compared to Steems. Even if there are expected fluctuations of the values of Steem and Steem Dollars, still, the values of Steem Dollars are higher compared to the values of Steem. If we are going to take a look at it closely, the prices gets higher by the last 10 days of the month specifically starting on November 21, 2017. Furthermore, their differences are quite expected.

By the way, I would like to Congratulate the Team Utopian-io! It’s becoming a habit!!! Utopian-io marked as one of the Top Partner Steemit has to offer - Rewarding Open Source Contributions. As of this moment, Utopian-io’s importance to the platform because a lot has delegated for the success of the said program.

Thank you visiting and reading the context ^_^


Posted on Utopian.io - Rewarding Open Source Contributors

#steem #steemit #analysis #contribution
7 years ago in #utopian-io by
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     7 years ago (edited)

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    You've got a 1UP from the @utopian-1up curation trail. 22 Utopians have upvoted your quality contribution to the open source community.

    Follow the trail for profitable curation of quality content on SteemAuto.

    @utopian-1up is neither organized nor endorsed by Utopian.io!

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     7 years ago 

    Your contribution cannot be approved as the market variations in price of steem/SBD is not related to Steemit/Condensor nor is it related to any open source software. Only contributions pertaining to open source software may be posted on utopian.

    See the Utopian Rules. Please edit your contribution to reapply for approval.

    You can contact us on Discord.
    [utopian-moderator]

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       7 years ago (edited)

      @shreyasgune - thank you for the comment sir :) but I made some changes on the said post, I had already contacted you at discord channel :)

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