Stellar (XLM)

Current price: $ 0.40

24 hours price change: $ -0.01 (-3.14%)

Daily analysis of Stellar (XLM) - 1 year

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 year, starting on March 8th, 2020 to March 8th, 2021.

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 03/08/2020 and 03/08/2021.

According to the performance of Stellar between March 8th, 2020 and March 8th, 2021, Stellar performed the best on Fridays. On average, the price of Stellar increased 0.74% on Friday.

The weekday on which the Stellar performed the worst, is Sunday. On Sundays, the Stellar declined in value on average by -0.07%.

Stellar weekday performance

It is hard to tell whether the Stellar will increase or decrease in value on an average Sunday. The average change on a Sunday for the Stellar is -0.07%. However, the standard deviation on this weekday is 1.79%. This means that on most Sundays, the change in value of the Stellar is between -1.86% and 1.72%.

Stellar increased in value on an average Monday only slightly. The average increase in value of the Stellar was 0.02%. 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 (2.18%). This means that on 68 percent of the Mondays, the change in price of the Stellar is expected to be in the range of -2.16% and 2.20%.

It is hard to tell whether the Stellar will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Stellar is -0.01%. However, the standard deviation on this weekday is 2.27%. This means that on most Tuesdays, the change in value of the Stellar is between -2.28% and 2.26%.

On an average Wednesday, the Stellar increased 0.48%. However, since the expected deviation is 4.35%, the Stellar will decline in value on a Wednesday quiet regularly. The expected price change of the Stellar on a Wednesday is between -3.88% and 4.83%.

Stellar increased in value on an average Thursday only slightly. The average increase in value of the Stellar was 0.30%. 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 (1.64%). This means that on 68 percent of the Thursdays, the change in price of the Stellar is expected to be in the range of -1.34% and 1.93%.

Historical performance on Friday 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 Friday with 0.74%. However, the uncertainty of this increase is high. The expected change in value of the Stellar on a Friday is between -1.77% and 3.25% (see also the table below).

Stellar increased in value on an average Saturday only slightly. The average increase in value of the Stellar was 0.19%. 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 (2.09%). This means that on 68 percent of the Saturdays, the change in price of the Stellar is expected to be in the range of -1.90% and 2.28%.

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 -0.07% 1.79% -1.86% to 1.72%
Monday 0.02% 2.18% -2.16% to 2.20%
Tuesday -0.01% 2.27% -2.28% to 2.26%
Wednesday 0.48% 4.35% -3.88% to 4.83%
Thursday 0.30% 1.64% -1.34% to 1.93%
Friday 0.74% 2.51% -1.77% to 3.25%
Saturday 0.19% 2.09% -1.90% to 2.28%
 

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