Stellar (XLM)

Current price: $ 0.07

24 hours price change: $ -0.000770 (-1.12%)

Daily analysis of Stellar (XLM) - all

The performance of Stellar regarding the price differs every day. To make the best decision to buy Stellar, we are analysis in this article the performance of Stellar on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on September 16th, 2014 to July 1st, 2020.

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

Average daily change in price of Stellar per weekday between 09/16/2014 and 07/01/2020.

According to the performance of Stellar between September 16th, 2014 and July 1st, 2020, Stellar performed the best on Tuesdays. On average, the price of Stellar increased 351.37% on Tuesday.

The weekday on which the Stellar performed the worst, is Wednesday. On Wednesdays, the Stellar rose in value on average by 0.12%. The price still increased on Wednesdays, allthough it was the smallest increase of all days on average.

Stellar weekday performance

On an average Sunday the Stellar shows an increase in value of 1.06%. However, the change of Stellar on most of the Sundays is between -8.25% and 10.38%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Stellars.

Stellar increased in value on an average Monday only slightly. The average increase in value of the Stellar was 0.26%. Allthough the Stellar closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (6.74%). This means that on 68 percent of the Mondays, the change in price of the Stellar is expected to be in the range of -6.48% and 7.00%.

The increase in value of the Stellar is 351.37% on an average Tuesday. However, the uncertainty on the average change is high for the Stellar on Tuesdays. This is the reason why an expected increase of the Stellar on an average Tuesday cannot be predicted. The standard deviation for Stellar on Tuesdays is high, namely 4,851.47%. This means that the expected range of value change for the Stellar is -4,500.10% and 5,202.84% on 68% of the Tuesdays.

Stellar increased in value on an average Wednesday only slightly. The average increase in value of the Stellar was 0.12%. Allthough the Stellar closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (7.10%). This means that on 68 percent of the Wednesdays, the change in price of the Stellar is expected to be in the range of -6.98% and 7.22%.

On an average Thursday, the Stellar increased 0.54%. However, since the expected deviation is 8.33%, the Stellar will decline in value on a Thursday quiet regularly. The expected price change of the Stellar on a Thursday is between -7.79% and 8.87%.

The increase in value of the Stellar is 6.95% on an average Friday. However, the uncertainty on the average change is high for the Stellar on Fridays. This is the reason why an expected increase of the Stellar on an average Friday cannot be predicted. The standard deviation for Stellar on Fridays is high, namely 83.22%. This means that the expected range of value change for the Stellar is -76.27% and 90.17% on 68% of the Fridays.

On an average Saturday the Stellar shows an increase in value of 1.10%. However, the change of Stellar on most of the Saturdays is between -9.53% and 11.72%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Stellars.

Stellar weekday performance details

Find below the details of the performance of Stellar 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 1.06% 9.31% -8.25% to 10.38%
Monday 0.26% 6.74% -6.48% to 7.00%
Tuesday 351.37% 4,851.47% -4,500.10% to 5,202.84%
Wednesday 0.12% 7.10% -6.98% to 7.22%
Thursday 0.54% 8.33% -7.79% to 8.87%
Friday 6.95% 83.22% -76.27% to 90.17%
Saturday 1.10% 10.63% -9.53% to 11.72%
 

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