Lambda (LAMB)

Current price: $ 0.04

24 hours price change: $ -0.000852 (-2.19%)

Daily analysis of Lambda (LAMB) - 6 months

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 6 months, starting on September 8th, 2020 to March 8th, 2021.

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 09/08/2020 and 03/08/2021.

According to the performance of Lambda between September 8th, 2020 and March 8th, 2021, Lambda performed the best on Saturdays. On average, the price of Lambda increased 1.50% on Saturday.

The weekday on which the Lambda performed the worst, is Monday. On Mondays, the Lambda declined in value on average by -1.17%.

Lambda weekday performance

On Sundays, the Lambda decreases in value on average with -0.91%. On most of the Sundays the Lambda decreases in value between -2.49% and 0.66%. The uncertainty (1.58%) is higher than the average decline percentage (-0.91%). Therefore, expected range of price changes of the Lambda on Sundays is large.

The Lambda declines in value on an average Monday with -1.17%. However, the uncertainty (or standard deviation) is quite large, namely 3.74%. This means that it is not possible to say whether on a regular Monday the Lambda will increase or decrease in value.

On an average Tuesday, the Lambda increased 0.54%. However, since the expected deviation is 3.64%, the Lambda will decline in value on a Tuesday quiet regularly. The expected price change of the Lambda on a Tuesday is between -3.09% and 4.18%.

On an average Wednesday, the Lambda increased 0.30%. However, since the expected deviation is 2.65%, the Lambda will decline in value on a Wednesday quiet regularly. The expected price change of the Lambda on a Wednesday is between -2.35% and 2.95%.

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 0.83%. However, the uncertainty of this increase is high. The expected change in value of the Lambda on a Thursday is between -1.59% and 3.25% (see also the table below).

Historical performance on Friday 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 Friday with 0.85%. However, the uncertainty of this increase is high. The expected change in value of the Lambda on a Friday is between -2.95% and 4.65% (see also the table below).

On an average Saturday the Lambda shows an increase in value of 1.50%. However, the change of Lambda on most of the Saturdays is between -11.36% and 14.36%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Lambdas.

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 -0.91% 1.58% -2.49% to 0.66%
Monday -1.17% 3.74% -4.91% to 2.57%
Tuesday 0.54% 3.64% -3.09% to 4.18%
Wednesday 0.30% 2.65% -2.35% to 2.95%
Thursday 0.83% 2.42% -1.59% to 3.25%
Friday 0.85% 3.80% -2.95% to 4.65%
Saturday 1.50% 12.86% -11.36% to 14.36%
 

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