SOLVE (SOLVE)

Current price: $ 0.16

24 hours price change: $ 0.02 (16.64%)

Daily analysis of SOLVE (SOLVE) - 1 month

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

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

Average daily change in price of SOLVE per weekday between 02/01/2021 and 03/01/2021.

According to the performance of SOLVE between February 1st, 2021 and March 1st, 2021, SOLVE performed the best on Wednesdays. On average, the price of SOLVE increased 5.24% on Wednesday.

The weekday on which the SOLVE performed the worst, is Sunday. On Sundays, the SOLVE declined in value on average by -4.21%.

SOLVE weekday performance

The decrease in value of the SOLVE is -4.21% on an average Sunday. The uncertainty of the average change is high for the SOLVE on Sundays. This means that it is hard to tell whether the SOLVE will decrease or increase in value on an average Sunday. If we look at the 68% range of the SOLVE, we see that on 68% of the Sundays, the expected change of the SOLVE is between -9.19% and 0.77%.

On Mondays, the SOLVE decreases in value on average with -0.64%. On most of the Mondays the SOLVE decreases in value between -2.89% and 1.61%. The uncertainty (2.25%) is higher than the average decline percentage (-0.64%). Therefore, expected range of price changes of the SOLVE on Mondays is large.

Allthough the SOLVE decreases in value with -0.42% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of SOLVE on Tuesdays is 0.87%. This means that the expected change of the value of SOLVE is between -1.29% and 0.45% on 68 out of 100 Tuesdays.

The increase in value of the SOLVE is 5.24% on an average Wednesday. However, the uncertainty on the average change is high for the SOLVE on Wednesdays. This is the reason why an expected increase of the SOLVE on an average Wednesday cannot be predicted. The standard deviation for SOLVE on Wednesdays is high, namely 6.32%. This means that the expected range of value change for the SOLVE is -1.08% and 11.55% on 68% of the Wednesdays.

On an average Thursday the SOLVE shows an increase in value of 1.23%. However, the change of SOLVE on most of the Thursdays is between -2.19% and 4.65%. Therefore it is hard to tell whether an average Thursday is a good day to start buying SOLVEs.

The SOLVE declines in value on an average Friday with -1.21%. However, the uncertainty (or standard deviation) is quite large, namely 2.49%. This means that it is not possible to say whether on a regular Friday the SOLVE will increase or decrease in value.

On an average Saturday the SOLVE shows an increase in value of 2.47%. However, the change of SOLVE on most of the Saturdays is between -2.30% and 7.24%. Therefore it is hard to tell whether an average Saturday is a good day to start buying SOLVEs.

SOLVE weekday performance details

Find below the details of the performance of SOLVE 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 -4.21% 4.98% -9.19% to 0.77%
Monday -0.64% 2.25% -2.89% to 1.61%
Tuesday -0.42% 0.87% -1.29% to 0.45%
Wednesday 5.24% 6.32% -1.08% to 11.55%
Thursday 1.23% 3.42% -2.19% to 4.65%
Friday -1.21% 2.49% -3.69% to 1.28%
Saturday 2.47% 4.77% -2.30% to 7.24%
 

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