Avalanche (AVAX)

Current price: $ 86.47

24 hours price change: $ -0.21 (-0.24%)

Daily analysis of Avalanche (AVAX) - 1 year

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 year, starting on January 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 01/18/2021 and 01/18/2022.

According to the performance of Avalanche between January 18th, 2021 and January 18th, 2022, Avalanche performed the best on Wednesdays. On average, the price of Avalanche increased 2.29% on Wednesday.

The weekday on which the Avalanche performed the worst, is Saturday. On Saturdays, the Avalanche declined in value on average by -0.13%.

Avalanche weekday performance

Historical performance on Sunday do not show an increase in value of the Avalanche on which a prediction can be made. The Avalanche increased in value on average on an average Sunday with 0.66%. However, the uncertainty of this increase is high. The expected change in value of the Avalanche on a Sunday is between -6.08% and 7.39% (see also the table below).

Avalanche increased in value on an average Monday only slightly. The average increase in value of the Avalanche was 0.07%. 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 (9.09%). This means that on 68 percent of the Mondays, the change in price of the Avalanche is expected to be in the range of -9.01% and 9.16%.

On an average Tuesday the Avalanche shows an increase in value of 1.00%. However, the change of Avalanche on most of the Tuesdays is between -7.34% and 9.35%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Avalanches.

On an average Wednesday the Avalanche shows an increase in value of 2.29%. However, the change of Avalanche on most of the Wednesdays is between -11.03% and 15.62%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Avalanches.

On an average Thursday, the Avalanche increased 0.53%. However, since the expected deviation is 6.12%, the Avalanche will decline in value on a Thursday quiet regularly. The expected price change of the Avalanche on a Thursday is between -5.59% and 6.65%.

On an average Friday the Avalanche shows an increase in value of 1.98%. However, the change of Avalanche on most of the Fridays is between -6.56% and 10.53%. Therefore it is hard to tell whether an average Friday is a good day to start buying Avalanches.

It is hard to tell whether the Avalanche will increase or decrease in value on an average Saturday. The average change on a Saturday for the Avalanche is -0.13%. However, the standard deviation on this weekday is 5.02%. This means that on most Saturdays, the change in value of the Avalanche is between -5.15% and 4.89%.

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 0.66% 6.73% -6.08% to 7.39%
Monday 0.07% 9.09% -9.01% to 9.16%
Tuesday 1.00% 8.35% -7.34% to 9.35%
Wednesday 2.29% 13.32% -11.03% to 15.62%
Thursday 0.53% 6.12% -5.59% to 6.65%
Friday 1.98% 8.54% -6.56% to 10.53%
Saturday -0.13% 5.02% -5.15% to 4.89%
 

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