FunFair (FUN)

Current price: $ 0.03

24 hours price change: $ -0.000270 (-0.80%)

Daily analysis of FunFair (FUN) - 1 month

The performance of FunFair regarding the price differs every day. To make the best decision to buy FunFair, we are analysis in this article the performance of FunFair on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on April 16th, 2021 to May 16th, 2021.

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

Average daily change in price of FunFair per weekday between 04/16/2021 and 05/16/2021.

According to the performance of FunFair between April 16th, 2021 and May 16th, 2021, FunFair performed the best on Fridays. On average, the price of FunFair increased 5.62% on Friday.

The weekday on which the FunFair performed the worst, is Wednesday. On Wednesdays, the FunFair declined in value on average by -1.40%.

FunFair weekday performance

FunFair increased in value on an average Sunday only slightly. The average increase in value of the FunFair was 0.27%. Allthough the FunFair closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.57%). This means that on 68 percent of the Sundays, the change in price of the FunFair is expected to be in the range of -1.30% and 1.84%.

The increase in value of the FunFair is 3.21% on an average Monday. However, the uncertainty on the average change is high for the FunFair on Mondays. This is the reason why an expected increase of the FunFair on an average Monday cannot be predicted. The standard deviation for FunFair on Mondays is high, namely 6.31%. This means that the expected range of value change for the FunFair is -3.11% and 9.52% on 68% of the Mondays.

On an average Tuesday the FunFair shows an increase in value of 1.59%. However, the change of FunFair on most of the Tuesdays is between -0.28% and 3.46%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying FunFairs.

The FunFair declines in value on an average Wednesday with -1.40%. However, the uncertainty (or standard deviation) is quite large, namely 1.60%. This means that it is not possible to say whether on a regular Wednesday the FunFair will increase or decrease in value.

On Thursdays, the FunFair decreases in value on average with -0.72%. On most of the Thursdays the FunFair decreases in value between -2.81% and 1.36%. The uncertainty (2.09%) is higher than the average decline percentage (-0.72%). Therefore, expected range of price changes of the FunFair on Thursdays is large.

The increase in value of the FunFair is 5.62% on an average Friday. However, the uncertainty on the average change is high for the FunFair on Fridays. This is the reason why an expected increase of the FunFair on an average Friday cannot be predicted. The standard deviation for FunFair on Fridays is high, namely 10.67%. This means that the expected range of value change for the FunFair is -5.06% and 16.29% on 68% of the Fridays.

On Saturdays, the FunFair decreases in value on average with -0.62%. On most of the Saturdays the FunFair decreases in value between -1.28% and 0.03%. The uncertainty (0.65%) is higher than the average decline percentage (-0.62%). Therefore, expected range of price changes of the FunFair on Saturdays is large.

FunFair weekday performance details

Find below the details of the performance of FunFair 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 0.27% 1.57% -1.30% to 1.84%
Monday 3.21% 6.31% -3.11% to 9.52%
Tuesday 1.59% 1.87% -0.28% to 3.46%
Wednesday -1.40% 1.60% -3.00% to 0.20%
Thursday -0.72% 2.09% -2.81% to 1.36%
Friday 5.62% 10.67% -5.06% to 16.29%
Saturday -0.62% 0.65% -1.28% to 0.03%
 

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