Civic (CVC)

Current price: $ 0.36

24 hours price change: $ -0.02 (-5.95%)

Daily analysis of Civic (CVC) - 1 month

The performance of Civic regarding the price differs every day. To make the best decision to buy Civic, we are analysis in this article the performance of Civic on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on January 25th, 2021 to February 25th, 2021.

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

Average daily change in price of Civic per weekday between 01/25/2021 and 02/25/2021.

According to the performance of Civic between January 25th, 2021 and February 25th, 2021, Civic performed the best on Saturdays. On average, the price of Civic increased 8.17% on Saturday.

The weekday on which the Civic performed the worst, is Wednesday. On Wednesdays, the Civic declined in value on average by -3.59%.

Civic weekday performance

It is hard to tell whether the Civic will increase or decrease in value on an average Sunday. The average change on a Sunday for the Civic is -0.01%. However, the standard deviation on this weekday is 1.62%. This means that on most Sundays, the change in value of the Civic is between -1.63% and 1.60%.

The Civic declines in value on an average Monday with -1.51%. However, the uncertainty (or standard deviation) is quite large, namely 1.42%. This means that it is not possible to say whether on a regular Monday the Civic will increase or decrease in value.

The Civic declines in value on an average Tuesday with -1.45%. However, the uncertainty (or standard deviation) is quite large, namely 1.68%. This means that it is not possible to say whether on a regular Tuesday the Civic will increase or decrease in value.

The decrease in value of the Civic is -3.59% on an average Wednesday. The uncertainty of the average change is high for the Civic on Wednesdays. This means that it is hard to tell whether the Civic will decrease or increase in value on an average Wednesday. If we look at the 68% range of the Civic, we see that on 68% of the Wednesdays, the expected change of the Civic is between -6.70% and -0.48%.

On an average Thursday the Civic shows a high increase in value, namely 1.41%. The standard deviation is below the average increase percentage (standard deviation is 1.11%), meaning that on 68% of the Thursdays the Civic will increase with a percentage between 0.29% and 2.52%. This also means that, on average, on 16 percent of the Thursdays, the Civic will increase with a percentage above this range. On the other 16% of the Thursdays, the Civic will change with a percentage below the 0.29%.

On an average Friday the Civic shows a high increase in value, namely 2.90%. The standard deviation is below the average increase percentage (standard deviation is 2.29%), meaning that on 68% of the Fridays the Civic will increase with a percentage between 0.61% and 5.19%. This also means that, on average, on 16 percent of the Fridays, the Civic will increase with a percentage above this range. On the other 16% of the Fridays, the Civic will change with a percentage below the 0.61%.

The increase in value of the Civic is 8.17% on an average Saturday. However, the uncertainty on the average change is high for the Civic on Saturdays. This is the reason why an expected increase of the Civic on an average Saturday cannot be predicted. The standard deviation for Civic on Saturdays is high, namely 18.71%. This means that the expected range of value change for the Civic is -10.54% and 26.88% on 68% of the Saturdays.

Civic weekday performance details

Find below the details of the performance of Civic 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 -0.01% 1.62% -1.63% to 1.60%
Monday -1.51% 1.42% -2.93% to -0.09%
Tuesday -1.45% 1.68% -3.13% to 0.23%
Wednesday -3.59% 3.11% -6.70% to -0.48%
Thursday 1.41% 1.11% 0.29% to 2.52%
Friday 2.90% 2.29% 0.61% to 5.19%
Saturday 8.17% 18.71% -10.54% to 26.88%
 

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