Lambda (LAMB)

Current price: $ 0.02

24 hours price change: $ 0.001111 (5.24%)

Daily analysis of Lambda (LAMB) - 1 year

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 year, starting on July 12th, 2019 to July 11th, 2020.

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

Average daily change in price of Lambda per weekday between 07/12/2019 and 07/11/2020.

According to the performance of Lambda between July 12th, 2019 and July 11th, 2020, Lambda performed the best on Sundays. On average, the price of Lambda increased 0.54% on Sunday.

The weekday on which the Lambda performed the worst, is Tuesday. On Tuesdays, the Lambda declined in value on average by -0.70%.

Lambda weekday performance

On an average Sunday, the Lambda increased 0.54%. However, since the expected deviation is 4.76%, the Lambda will decline in value on a Sunday quiet regularly. The expected price change of the Lambda on a Sunday is between -4.22% and 5.30%.

Allthough the Lambda decreases in value with -0.36% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Lambda on Mondays is 3.50%. This means that the expected change of the value of Lambda is between -3.87% and 3.14% on 68 out of 100 Mondays.

On Tuesdays, the Lambda decreases in value on average with -0.70%. On most of the Tuesdays the Lambda decreases in value between -3.52% and 2.12%. The uncertainty (2.82%) is higher than the average decline percentage (-0.70%). Therefore, expected range of price changes of the Lambda on Tuesdays is large.

Allthough the Lambda decreases in value with -0.35% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Lambda on Wednesdays is 3.28%. This means that the expected change of the value of Lambda is between -3.63% and 2.92% on 68 out of 100 Wednesdays.

Lambda increased in value on an average Thursday only slightly. The average increase in value of the Lambda was 0.23%. 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 (1.85%). This means that on 68 percent of the Thursdays, the change in price of the Lambda is expected to be in the range of -1.61% and 2.08%.

It is hard to tell whether the Lambda will increase or decrease in value on an average Friday. The average change on a Friday for the Lambda is -0.02%. However, the standard deviation on this weekday is 1.78%. This means that on most Fridays, the change in value of the Lambda is between -1.80% and 1.76%.

Lambda increased in value on an average Saturday only slightly. The average increase in value of the Lambda was 0.02%. 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 (3.45%). This means that on 68 percent of the Saturdays, the change in price of the Lambda is expected to be in the range of -3.43% and 3.46%.

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 0.54% 4.76% -4.22% to 5.30%
Monday -0.36% 3.50% -3.87% to 3.14%
Tuesday -0.70% 2.82% -3.52% to 2.12%
Wednesday -0.35% 3.28% -3.63% to 2.92%
Thursday 0.23% 1.85% -1.61% to 2.08%
Friday -0.02% 1.78% -1.80% to 1.76%
Saturday 0.02% 3.45% -3.43% to 3.46%
 

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