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 1 month, starting on December 20th, 2021 to January 20th, 2022.
In the barchart below, the weekdays and average performance of Stellar are shown side by side.
According to the performance of Stellar between December 20th, 2021 and January 20th, 2022, Stellar performed the best on Saturdays. On average, the price of Stellar increased 0.89% on Saturday.
The weekday on which the Stellar performed the worst, is Tuesday. On Tuesdays, the Stellar declined in value on average by -0.90%.
Stellar weekday performance
On an average Sunday, the Stellar increased 0.43%. However, since the expected deviation is 0.47%, the Stellar will decline in value on a Sunday quiet regularly. The expected price change of the Stellar on a Sunday is between -0.04% and 0.90%.
It is hard to tell whether the Stellar will increase or decrease in value on an average Monday. The average change on a Monday for the Stellar is -0.13%. However, the standard deviation on this weekday is 0.54%. This means that on most Mondays, the change in value of the Stellar is between -0.68% and 0.41%.
On Tuesdays, the Stellar decreases in value on average with -0.90%. On most of the Tuesdays the Stellar decreases in value between -1.88% and 0.07%. The uncertainty (0.97%) is higher than the average decline percentage (-0.90%). Therefore, expected range of price changes of the Stellar on Tuesdays is large.
The expected range of change of the Stellar for an average Wednesday is between 0.10% and 1.41%. This is the result of an average increase in value of 0.75% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.
Stellar increased in value on an average Thursday only slightly. The average increase in value of the Stellar was 0.18%. 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 (0.69%). This means that on 68 percent of the Thursdays, the change in price of the Stellar is expected to be in the range of -0.51% and 0.87%.
Allthough the Stellar decreases in value with -0.30% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Stellar on Fridays is 0.46%. This means that the expected change of the value of Stellar is between -0.76% and 0.16% on 68 out of 100 Fridays.
Historical performance on Saturday do not show an increase in value of the Stellar on which a prediction can be made. The Stellar increased in value on average on an average Saturday with 0.89%. However, the uncertainty of this increase is high. The expected change in value of the Stellar on a Saturday is between -0.01% and 1.79% (see also the table below).
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||0.43%||0.47%||-0.04% to 0.90%|
|Monday||-0.13%||0.54%||-0.68% to 0.41%|
|Tuesday||-0.90%||0.97%||-1.88% to 0.07%|
|Wednesday||0.75%||0.65%||0.10% to 1.41%|
|Thursday||0.18%||0.69%||-0.51% to 0.87%|
|Friday||-0.30%||0.46%||-0.76% to 0.16%|
|Saturday||0.89%||0.90%||-0.01% to 1.79%|