Avalanche (AVAX)

Current price: $ 86.25

24 hours price change: $ -0.26 (-0.30%)

Daily analysis of Avalanche (AVAX) - 1 month

The performance of Avalanche regarding the price differs every day. To make the best decision to buy Avalanche, we are analysis in this article the performance of Avalanche on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on December 18th, 2021 to January 18th, 2022.

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

Average daily change in price of Avalanche per weekday between 12/18/2021 and 01/18/2022.

According to the performance of Avalanche between December 18th, 2021 and January 18th, 2022, Avalanche performed the best on Fridays. On average, the price of Avalanche increased 1.32% on Friday.

The weekday on which the Avalanche performed the worst, is Tuesday. On Tuesdays, the Avalanche declined in value on average by -0.73%.

Avalanche weekday performance

Avalanche increased in value on an average Sunday only slightly. The average increase in value of the Avalanche was 0.08%. Allthough the Avalanche closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.98%). This means that on 68 percent of the Sundays, the change in price of the Avalanche is expected to be in the range of -0.90% and 1.05%.

Allthough the Avalanche decreases in value with -0.37% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Avalanche on Mondays is 0.46%. This means that the expected change of the value of Avalanche is between -0.83% and 0.09% on 68 out of 100 Mondays.

On Tuesdays, the Avalanche decreases in value on average with -0.73%. On most of the Tuesdays the Avalanche decreases in value between -1.36% and -0.10%. The uncertainty (0.63%) is higher than the average decline percentage (-0.73%). Therefore, expected range of price changes of the Avalanche on Tuesdays is large.

On an average Wednesday, the Avalanche increased 0.47%. However, since the expected deviation is 1.23%, the Avalanche will decline in value on a Wednesday quiet regularly. The expected price change of the Avalanche on a Wednesday is between -0.76% and 1.69%.

On an average Thursday, the Avalanche increased 0.51%. However, since the expected deviation is 1.94%, the Avalanche will decline in value on a Thursday quiet regularly. The expected price change of the Avalanche on a Thursday is between -1.43% and 2.44%.

On an average Friday the Avalanche shows an increase in value of 1.32%. However, the change of Avalanche on most of the Fridays is between -2.35% and 4.98%. Therefore it is hard to tell whether an average Friday is a good day to start buying Avalanches.

On an average Saturday, the Avalanche increased 0.49%. However, since the expected deviation is 1.13%, the Avalanche will decline in value on a Saturday quiet regularly. The expected price change of the Avalanche on a Saturday is between -0.64% and 1.62%.

Avalanche weekday performance details

Find below the details of the performance of Avalanche 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 0.08% 0.98% -0.90% to 1.05%
Monday -0.37% 0.46% -0.83% to 0.09%
Tuesday -0.73% 0.63% -1.36% to -0.10%
Wednesday 0.47% 1.23% -0.76% to 1.69%
Thursday 0.51% 1.94% -1.43% to 2.44%
Friday 1.32% 3.67% -2.35% to 4.98%
Saturday 0.49% 1.13% -0.64% to 1.62%
 

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