Band Protocol (BAND)

Current price: $ 16.60

24 hours price change: $ -0.04 (-0.24%)

Daily analysis of Band Protocol (BAND) - 1 month

The performance of Band Protocol regarding the price differs every day. To make the best decision to buy Band Protocol, we are analysis in this article the performance of Band Protocol on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on April 12th, 2021 to May 12th, 2021.

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

Average daily change in price of Band Protocol per weekday between 04/12/2021 and 05/12/2021.

According to the performance of Band Protocol between April 12th, 2021 and May 12th, 2021, Band Protocol performed the best on Mondays. On average, the price of Band Protocol increased 2.76% on Monday.

The weekday on which the Band Protocol performed the worst, is Thursday. On Thursdays, the Band Protocol declined in value on average by -2.42%.

Band Protocol weekday performance

It is hard to tell whether the Band Protocol will increase or decrease in value on an average Sunday. The average change on a Sunday for the Band Protocol is -0.24%. However, the standard deviation on this weekday is 0.87%. This means that on most Sundays, the change in value of the Band Protocol is between -1.11% and 0.63%.

On an average Monday the Band Protocol shows an increase in value of 2.76%. However, the change of Band Protocol on most of the Mondays is between -1.79% and 7.31%. Therefore it is hard to tell whether an average Monday is a good day to start buying Band Protocols.

On an average Tuesday the Band Protocol shows an increase in value of 2.50%. However, the change of Band Protocol on most of the Tuesdays is between -1.85% and 6.85%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Band Protocols.

Historical performance on Wednesday do not show an increase in value of the Band Protocol on which a prediction can be made. The Band Protocol increased in value on average on an average Wednesday with 0.89%. However, the uncertainty of this increase is high. The expected change in value of the Band Protocol on a Wednesday is between -0.71% and 2.50% (see also the table below).

The Band Protocol declines in value on an average Thursday with -2.42%. However, the uncertainty (or standard deviation) is quite large, namely 3.17%. This means that it is not possible to say whether on a regular Thursday the Band Protocol will increase or decrease in value.

On an average Friday the Band Protocol shows an increase in value of 1.17%. However, the change of Band Protocol on most of the Fridays is between -0.82% and 3.17%. Therefore it is hard to tell whether an average Friday is a good day to start buying Band Protocols.

It is hard to tell whether the Band Protocol will increase or decrease in value on an average Saturday. The average change on a Saturday for the Band Protocol is -0.17%. However, the standard deviation on this weekday is 0.59%. This means that on most Saturdays, the change in value of the Band Protocol is between -0.76% and 0.42%.

Band Protocol weekday performance details

Find below the details of the performance of Band Protocol 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 -0.24% 0.87% -1.11% to 0.63%
Monday 2.76% 4.55% -1.79% to 7.31%
Tuesday 2.50% 4.35% -1.85% to 6.85%
Wednesday 0.89% 1.61% -0.71% to 2.50%
Thursday -2.42% 3.17% -5.59% to 0.75%
Friday 1.17% 1.99% -0.82% to 3.17%
Saturday -0.17% 0.59% -0.76% to 0.42%
 

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.