SOLVE (SOLVE)

Current price: $ 0.02

24 hours price change: $ -0.002188 (-9.08%)

Daily analysis of SOLVE (SOLVE) - 6 months

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 6 months, starting on September 5th, 2023 to March 5th, 2024.

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 09/05/2023 and 03/05/2024.

According to the performance of SOLVE between September 5th, 2023 and March 5th, 2024, SOLVE performed the best on Sundays. On average, the price of SOLVE increased 3.32% on Sunday.

The weekday on which the SOLVE performed the worst, is Monday. On Mondays, the SOLVE declined in value on average by -3.06%.

SOLVE weekday performance

The increase in value of the SOLVE is 3.32% on an average Sunday. However, the uncertainty on the average change is high for the SOLVE on Sundays. This is the reason why an expected increase of the SOLVE on an average Sunday cannot be predicted. The standard deviation for SOLVE on Sundays is high, namely 16.19%. This means that the expected range of value change for the SOLVE is -12.88% and 19.51% on 68% of the Sundays.

The decrease in value of the SOLVE is -3.06% on an average Monday. The uncertainty of the average change is high for the SOLVE on Mondays. This means that it is hard to tell whether the SOLVE will decrease or increase in value on an average Monday. If we look at the 68% range of the SOLVE, we see that on 68% of the Mondays, the expected change of the SOLVE is between -15.52% and 9.40%.

On an average Tuesday, the SOLVE increased 0.38%. However, since the expected deviation is 1.99%, the SOLVE will decline in value on a Tuesday quiet regularly. The expected price change of the SOLVE on a Tuesday is between -1.60% and 2.37%.

The SOLVE declines in value on an average Wednesday with -1.17%. However, the uncertainty (or standard deviation) is quite large, namely 1.99%. This means that it is not possible to say whether on a regular Wednesday the SOLVE will increase or decrease in value.

SOLVE increased in value on an average Thursday only slightly. The average increase in value of the SOLVE was 0.23%. Allthough the SOLVE closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.11%). This means that on 68 percent of the Thursdays, the change in price of the SOLVE is expected to be in the range of -1.88% and 2.34%.

On Fridays, the SOLVE decreases in value on average with -0.79%. On most of the Fridays the SOLVE decreases in value between -4.29% and 2.71%. The uncertainty (3.50%) is higher than the average decline percentage (-0.79%). Therefore, expected range of price changes of the SOLVE on Fridays is large.

It is hard to tell whether the SOLVE will increase or decrease in value on an average Saturday. The average change on a Saturday for the SOLVE is -0.22%. However, the standard deviation on this weekday is 1.75%. This means that on most Saturdays, the change in value of the SOLVE is between -1.97% and 1.53%.

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 3.32% 16.19% -12.88% to 19.51%
Monday -3.06% 12.46% -15.52% to 9.40%
Tuesday 0.38% 1.99% -1.60% to 2.37%
Wednesday -1.17% 1.99% -3.16% to 0.82%
Thursday 0.23% 2.11% -1.88% to 2.34%
Friday -0.79% 3.50% -4.29% to 2.71%
Saturday -0.22% 1.75% -1.97% to 1.53%
 

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