Solana (SOL)

Current price: $ 141.09

24 hours price change: $ 1.94 (1.39%)

Daily analysis of Solana (SOL) - 6 months

The performance of Solana regarding the price differs every day. To make the best decision to buy Solana, we are analysis in this article the performance of Solana on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 6 months, starting on July 18th, 2021 to January 18th, 2022.

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

Average daily change in price of Solana per weekday between 07/18/2021 and 01/18/2022.

According to the performance of Solana between July 18th, 2021 and January 18th, 2022, Solana performed the best on Fridays. On average, the price of Solana increased 2.73% on Friday.

The weekday on which the Solana performed the worst, is Tuesday. On Tuesdays, the Solana declined in value on average by -0.25%.

Solana weekday performance

It is hard to tell whether the Solana will increase or decrease in value on an average Sunday. The average change on a Sunday for the Solana is -0.01%. However, the standard deviation on this weekday is 4.59%. This means that on most Sundays, the change in value of the Solana is between -4.60% and 4.59%.

Historical performance on Monday do not show an increase in value of the Solana on which a prediction can be made. The Solana increased in value on average on an average Monday with 0.82%. However, the uncertainty of this increase is high. The expected change in value of the Solana on a Monday is between -4.12% and 5.75% (see also the table below).

It is hard to tell whether the Solana will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Solana is -0.25%. However, the standard deviation on this weekday is 2.65%. This means that on most Tuesdays, the change in value of the Solana is between -2.91% and 2.40%.

On an average Wednesday the Solana shows an increase in value of 1.54%. However, the change of Solana on most of the Wednesdays is between -2.16% and 5.24%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Solanas.

On an average Thursday the Solana shows an increase in value of 1.56%. However, the change of Solana on most of the Thursdays is between -3.01% and 6.14%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Solanas.

On an average Friday the Solana shows an increase in value of 2.73%. However, the change of Solana on most of the Fridays is between -2.26% and 7.72%. Therefore it is hard to tell whether an average Friday is a good day to start buying Solanas.

On an average Saturday, the Solana increased 0.37%. However, since the expected deviation is 3.89%, the Solana will decline in value on a Saturday quiet regularly. The expected price change of the Solana on a Saturday is between -3.52% and 4.26%.

Solana weekday performance details

Find below the details of the performance of Solana 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 -0.01% 4.59% -4.60% to 4.59%
Monday 0.82% 4.93% -4.12% to 5.75%
Tuesday -0.25% 2.65% -2.91% to 2.40%
Wednesday 1.54% 3.70% -2.16% to 5.24%
Thursday 1.56% 4.58% -3.01% to 6.14%
Friday 2.73% 4.99% -2.26% to 7.72%
Saturday 0.37% 3.89% -3.52% to 4.26%
 

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