Loom Network (LOOM)

Current price: $ 0.06

24 hours price change: $ 0.007990 (14.47%)

Daily analysis of Loom Network (LOOM) - 1 year

The performance of Loom Network regarding the price differs every day. To make the best decision to buy Loom Network, we are analysis in this article the performance of Loom Network on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 year, starting on January 26th, 2021 to January 26th, 2022.

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

Average daily change in price of Loom Network per weekday between 01/26/2021 and 01/26/2022.

According to the performance of Loom Network between January 26th, 2021 and January 26th, 2022, Loom Network performed the best on Sundays. On average, the price of Loom Network increased 1.00% on Sunday.

The weekday on which the Loom Network performed the worst, is Thursday. On Thursdays, the Loom Network rose in value on average by 0.18%. The price still increased on Thursdays, allthough it was the smallest increase of all days on average.

Loom Network weekday performance

Historical performance on Sunday do not show an increase in value of the Loom Network on which a prediction can be made. The Loom Network increased in value on average on an average Sunday with 1.00%. However, the uncertainty of this increase is high. The expected change in value of the Loom Network on a Sunday is between -4.04% and 6.04% (see also the table below).

Historical performance on Monday do not show an increase in value of the Loom Network on which a prediction can be made. The Loom Network increased in value on average on an average Monday with 0.65%. However, the uncertainty of this increase is high. The expected change in value of the Loom Network on a Monday is between -3.42% and 4.71% (see also the table below).

On an average Tuesday, the Loom Network increased 0.38%. However, since the expected deviation is 3.13%, the Loom Network will decline in value on a Tuesday quiet regularly. The expected price change of the Loom Network on a Tuesday is between -2.76% and 3.51%.

Historical performance on Wednesday do not show an increase in value of the Loom Network on which a prediction can be made. The Loom Network increased in value on average on an average Wednesday with 0.81%. However, the uncertainty of this increase is high. The expected change in value of the Loom Network on a Wednesday is between -2.54% and 4.15% (see also the table below).

Loom Network increased in value on an average Thursday only slightly. The average increase in value of the Loom Network was 0.18%. Allthough the Loom Network closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.71%). This means that on 68 percent of the Thursdays, the change in price of the Loom Network is expected to be in the range of -2.53% and 2.89%.

On an average Friday, the Loom Network increased 0.43%. However, since the expected deviation is 5.33%, the Loom Network will decline in value on a Friday quiet regularly. The expected price change of the Loom Network on a Friday is between -4.90% and 5.76%.

On an average Saturday, the Loom Network increased 0.35%. However, since the expected deviation is 3.03%, the Loom Network will decline in value on a Saturday quiet regularly. The expected price change of the Loom Network on a Saturday is between -2.67% and 3.38%.

Loom Network weekday performance details

Find below the details of the performance of Loom Network 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 1.00% 5.04% -4.04% to 6.04%
Monday 0.65% 4.07% -3.42% to 4.71%
Tuesday 0.38% 3.13% -2.76% to 3.51%
Wednesday 0.81% 3.35% -2.54% to 4.15%
Thursday 0.18% 2.71% -2.53% to 2.89%
Friday 0.43% 5.33% -4.90% to 5.76%
Saturday 0.35% 3.03% -2.67% to 3.38%
 

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