Lisk (LSK)

Current price: $ 8.12

24 hours price change: $ -0.70 (-7.91%)

Daily analysis of Lisk (LSK) - 1 month

The performance of Lisk regarding the price differs every day. To make the best decision to buy Lisk, we are analysis in this article the performance of Lisk on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on April 12th, 2021 to May 12th, 2021.

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

Average daily change in price of Lisk per weekday between 04/12/2021 and 05/12/2021.

According to the performance of Lisk between April 12th, 2021 and May 12th, 2021, Lisk performed the best on Mondays. On average, the price of Lisk increased 3.66% on Monday.

The weekday on which the Lisk performed the worst, is Thursday. On Thursdays, the Lisk declined in value on average by -1.42%.

Lisk weekday performance

Lisk increased in value on an average Sunday only slightly. The average increase in value of the Lisk was 0.00%. Allthough the Lisk closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.01%). This means that on 68 percent of the Sundays, the change in price of the Lisk is expected to be in the range of -0.01% and 0.01%.

The increase in value of the Lisk is 3.66% on an average Monday. However, the uncertainty on the average change is high for the Lisk on Mondays. This is the reason why an expected increase of the Lisk on an average Monday cannot be predicted. The standard deviation for Lisk on Mondays is high, namely 7.31%. This means that the expected range of value change for the Lisk is -3.66% and 10.97% on 68% of the Mondays.

On an average Tuesday the Lisk shows an increase in value of 1.38%. However, the change of Lisk on most of the Tuesdays is between -1.31% and 4.07%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Lisks.

On an average Wednesday the Lisk shows an increase in value of 2.89%. However, the change of Lisk on most of the Wednesdays is between -2.89% and 8.68%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Lisks.

The Lisk declines in value on an average Thursday with -1.42%. However, the uncertainty (or standard deviation) is quite large, namely 2.57%. This means that it is not possible to say whether on a regular Thursday the Lisk will increase or decrease in value.

Historical performance on Friday do not show an increase in value of the Lisk on which a prediction can be made. The Lisk increased in value on average on an average Friday with 0.62%. However, the uncertainty of this increase is high. The expected change in value of the Lisk on a Friday is between -0.48% and 1.72% (see also the table below).

It is hard to tell whether the Lisk will increase or decrease in value on an average Saturday. The average change on a Saturday for the Lisk is -0.01%. However, the standard deviation on this weekday is 0.04%. This means that on most Saturdays, the change in value of the Lisk is between -0.05% and 0.03%.

Lisk weekday performance details

Find below the details of the performance of Lisk 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 0.00% 0.01% -0.01% to 0.01%
Monday 3.66% 7.31% -3.66% to 10.97%
Tuesday 1.38% 2.69% -1.31% to 4.07%
Wednesday 2.89% 5.78% -2.89% to 8.68%
Thursday -1.42% 2.57% -3.99% to 1.14%
Friday 0.62% 1.10% -0.48% to 1.72%
Saturday -0.01% 0.04% -0.05% to 0.03%
 

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