The performance of Lambda regarding the price differs every day. To make the best decision to buy Lambda, we are analysis in this article the performance of Lambda on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on November 1st, 2023 to December 1st, 2023.
In the barchart below, the weekdays and average performance of Lambda are shown side by side.
According to the performance of Lambda between November 1st, 2023 and December 1st, 2023, Lambda performed the best on Tuesdays. On average, the price of Lambda increased 1.91% on Tuesday.
The weekday on which the Lambda performed the worst, is Friday. On Fridays, the Lambda declined in value on average by -0.42%.
Lambda weekday performance
It is hard to tell whether the Lambda will increase or decrease in value on an average Sunday. The average change on a Sunday for the Lambda is -0.05%. However, the standard deviation on this weekday is 0.85%. This means that on most Sundays, the change in value of the Lambda is between -0.90% and 0.80%.
On an average Monday the Lambda shows an increase in value of 1.04%. However, the change of Lambda on most of the Mondays is between -0.11% and 2.18%. Therefore it is hard to tell whether an average Monday is a good day to start buying Lambdas.
On an average Tuesday the Lambda shows an increase in value of 1.91%. However, the change of Lambda on most of the Tuesdays is between -4.14% and 7.95%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Lambdas.
It is hard to tell whether the Lambda will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Lambda is -0.22%. However, the standard deviation on this weekday is 1.19%. This means that on most Wednesdays, the change in value of the Lambda is between -1.41% and 0.97%.
Historical performance on Thursday do not show an increase in value of the Lambda on which a prediction can be made. The Lambda increased in value on average on an average Thursday with 0.69%. However, the uncertainty of this increase is high. The expected change in value of the Lambda on a Thursday is between -0.18% and 1.56% (see also the table below).
Allthough the Lambda decreases in value with -0.42% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Lambda on Fridays is 0.50%. This means that the expected change of the value of Lambda is between -0.92% and 0.08% on 68 out of 100 Fridays.
Lambda increased in value on an average Saturday only slightly. The average increase in value of the Lambda was 0.09%. Allthough the Lambda closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.04%). This means that on 68 percent of the Saturdays, the change in price of the Lambda is expected to be in the range of -1.95% and 2.12%.
Lambda weekday performance details
Find below the details of the performance of Lambda 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||-0.05%||0.85%||-0.90% to 0.80%|
|Monday||1.04%||1.14%||-0.11% to 2.18%|
|Tuesday||1.91%||6.05%||-4.14% to 7.95%|
|Wednesday||-0.22%||1.19%||-1.41% to 0.97%|
|Thursday||0.69%||0.87%||-0.18% to 1.56%|
|Friday||-0.42%||0.50%||-0.92% to 0.08%|
|Saturday||0.09%||2.04%||-1.95% to 2.12%|