Beam (BEAM)

Current price: $ 0.57

24 hours price change: $ 0.05 (8.75%)

Daily analysis of Beam (BEAM) - 6 months

The performance of Beam regarding the price differs every day. To make the best decision to buy Beam, we are analysis in this article the performance of Beam on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 6 months, starting on March 27th, 2021 to September 27th, 2021.

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

Average daily change in price of Beam per weekday between 03/27/2021 and 09/27/2021.

According to the performance of Beam between March 27th, 2021 and September 27th, 2021, Beam performed the best on Tuesdays. On average, the price of Beam increased 0.97% on Tuesday.

The weekday on which the Beam performed the worst, is Saturday. On Saturdays, the Beam declined in value on average by -0.54%.

Beam weekday performance

Historical performance on Sunday do not show an increase in value of the Beam on which a prediction can be made. The Beam increased in value on average on an average Sunday with 0.71%. However, the uncertainty of this increase is high. The expected change in value of the Beam on a Sunday is between -3.25% and 4.66% (see also the table below).

Historical performance on Monday do not show an increase in value of the Beam on which a prediction can be made. The Beam increased in value on average on an average Monday with 0.74%. However, the uncertainty of this increase is high. The expected change in value of the Beam on a Monday is between -3.56% and 5.04% (see also the table below).

Historical performance on Tuesday do not show an increase in value of the Beam on which a prediction can be made. The Beam increased in value on average on an average Tuesday with 0.97%. However, the uncertainty of this increase is high. The expected change in value of the Beam on a Tuesday is between -3.43% and 5.37% (see also the table below).

Allthough the Beam decreases in value with -0.31% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Beam on Wednesdays is 2.71%. This means that the expected change of the value of Beam is between -3.02% and 2.40% on 68 out of 100 Wednesdays.

Beam increased in value on an average Thursday only slightly. The average increase in value of the Beam was 0.03%. Allthough the Beam closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.62%). This means that on 68 percent of the Thursdays, the change in price of the Beam is expected to be in the range of -1.58% and 1.65%.

On an average Friday, the Beam increased 0.48%. However, since the expected deviation is 4.58%, the Beam will decline in value on a Friday quiet regularly. The expected price change of the Beam on a Friday is between -4.10% and 5.05%.

Allthough the Beam decreases in value with -0.54% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Beam on Saturdays is 2.45%. This means that the expected change of the value of Beam is between -2.99% and 1.91% on 68 out of 100 Saturdays.

Beam weekday performance details

Find below the details of the performance of Beam 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 0.71% 3.95% -3.25% to 4.66%
Monday 0.74% 4.30% -3.56% to 5.04%
Tuesday 0.97% 4.40% -3.43% to 5.37%
Wednesday -0.31% 2.71% -3.02% to 2.40%
Thursday 0.03% 1.62% -1.58% to 1.65%
Friday 0.48% 4.58% -4.10% to 5.05%
Saturday -0.54% 2.45% -2.99% to 1.91%
 

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