Loopring (LRC)

Current price: $ 0.09

24 hours price change: $ -0.003502 (-3.60%)

Daily analysis of Loopring (LRC) - 1 month

The performance of Loopring regarding the price differs every day. To make the best decision to buy Loopring, we are analysis in this article the performance of Loopring on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on June 9th, 2020 to July 8th, 2020.

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

Average daily change in price of Loopring per weekday between 06/09/2020 and 07/08/2020.

According to the performance of Loopring between June 9th, 2020 and July 8th, 2020, Loopring performed the best on Sundays. On average, the price of Loopring increased 0.18% on Sunday.

The weekday on which the Loopring performed the worst, is Saturday. On Saturdays, the Loopring declined in value on average by -3.04%.

Loopring weekday performance

Loopring increased in value on an average Sunday only slightly. The average increase in value of the Loopring was 0.18%. Allthough the Loopring closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.53%). This means that on 68 percent of the Sundays, the change in price of the Loopring is expected to be in the range of -0.35% and 0.70%.

Loopring increased in value on an average Monday only slightly. The average increase in value of the Loopring was 0.02%. Allthough the Loopring closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.12%). This means that on 68 percent of the Mondays, the change in price of the Loopring is expected to be in the range of -0.10% and 0.13%.

It is hard to tell whether the Loopring will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Loopring is -0.09%. However, the standard deviation on this weekday is 0.16%. This means that on most Tuesdays, the change in value of the Loopring is between -0.25% and 0.06%.

Loopring increased in value on an average Wednesday only slightly. The average increase in value of the Loopring was 0.00%. Allthough the Loopring closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.18%). This means that on 68 percent of the Wednesdays, the change in price of the Loopring is expected to be in the range of -0.17% and 0.18%.

Loopring increased in value on an average Thursday only slightly. The average increase in value of the Loopring was 0.12%. Allthough the Loopring closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.27%). This means that on 68 percent of the Thursdays, the change in price of the Loopring is expected to be in the range of -0.14% and 0.39%.

It is hard to tell whether the Loopring will increase or decrease in value on an average Friday. The average change on a Friday for the Loopring is -0.11%. However, the standard deviation on this weekday is 0.11%. This means that on most Fridays, the change in value of the Loopring is between -0.22% and 0.00%.

The decrease in value of the Loopring is -3.04% on an average Saturday. The uncertainty of the average change is high for the Loopring on Saturdays. This means that it is hard to tell whether the Loopring will decrease or increase in value on an average Saturday. If we look at the 68% range of the Loopring, we see that on 68% of the Saturdays, the expected change of the Loopring is between -8.90% and 2.82%.

Loopring weekday performance details

Find below the details of the performance of Loopring 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 0.18% 0.53% -0.35% to 0.70%
Monday 0.02% 0.12% -0.10% to 0.13%
Tuesday -0.09% 0.16% -0.25% to 0.06%
Wednesday 0.00% 0.18% -0.17% to 0.18%
Thursday 0.12% 0.27% -0.14% to 0.39%
Friday -0.11% 0.11% -0.22% to 0.00%
Saturday -3.04% 5.86% -8.90% to 2.82%
 

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