MineBee (MB)

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Daily analysis of MineBee (MB) - 1 month

The performance of MineBee regarding the price differs every day. To make the best decision to buy MineBee, we are analysis in this article the performance of MineBee on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on January 26th, 2021 to February 25th, 2021.

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

Average daily change in price of MineBee per weekday between 01/26/2021 and 02/25/2021.

According to the performance of MineBee between January 26th, 2021 and February 25th, 2021, MineBee performed the best on Wednesdays. On average, the price of MineBee increased 2.68% on Wednesday.

The weekday on which the MineBee performed the worst, is Monday. On Mondays, the MineBee declined in value on average by -0.98%.

MineBee weekday performance

On an average Sunday, the MineBee increased 0.38%. However, since the expected deviation is 1.88%, the MineBee will decline in value on a Sunday quiet regularly. The expected price change of the MineBee on a Sunday is between -1.50% and 2.26%.

On Mondays, the MineBee decreases in value on average with -0.98%. On most of the Mondays the MineBee decreases in value between -2.32% and 0.35%. The uncertainty (1.33%) is higher than the average decline percentage (-0.98%). Therefore, expected range of price changes of the MineBee on Mondays is large.

Allthough the MineBee decreases in value with -0.48% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of MineBee on Tuesdays is 3.25%. This means that the expected change of the value of MineBee is between -3.73% and 2.77% on 68 out of 100 Tuesdays.

On an average Wednesday the MineBee shows an increase in value of 2.68%. However, the change of MineBee on most of the Wednesdays is between -1.36% and 6.71%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying MineBees.

Historical performance on Thursday do not show an increase in value of the MineBee on which a prediction can be made. The MineBee 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 MineBee on a Thursday is between -0.19% and 1.85% (see also the table below).

On an average Friday, the MineBee increased 0.34%. However, since the expected deviation is 0.56%, the MineBee will decline in value on a Friday quiet regularly. The expected price change of the MineBee on a Friday is between -0.22% and 0.91%.

On Saturdays, the MineBee decreases in value on average with -0.64%. On most of the Saturdays the MineBee decreases in value between -2.31% and 1.03%. The uncertainty (1.67%) is higher than the average decline percentage (-0.64%). Therefore, expected range of price changes of the MineBee on Saturdays is large.

MineBee weekday performance details

Find below the details of the performance of MineBee 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 0.38% 1.88% -1.50% to 2.26%
Monday -0.98% 1.33% -2.32% to 0.35%
Tuesday -0.48% 3.25% -3.73% to 2.77%
Wednesday 2.68% 4.04% -1.36% to 6.71%
Thursday 0.83% 1.02% -0.19% to 1.85%
Friday 0.34% 0.56% -0.22% to 0.91%
Saturday -0.64% 1.67% -2.31% to 1.03%
 

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