The performance of Terra regarding the price differs every day. To make the best decision to buy Terra, we are analysis in this article the performance of Terra on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on February 22nd, 2017 to January 18th, 2022.
In the barchart below, the weekdays and average performance of Terra are shown side by side.
According to the performance of Terra between February 22nd, 2017 and January 18th, 2022, Terra performed the best on Mondays. On average, the price of Terra increased 130.08% on Monday.
The weekday on which the Terra performed the worst, is Sunday. On Sundays, the Terra declined in value on average by -0.63%.
Terra weekday performance
On Sundays, the Terra decreases in value on average with -0.63%. On most of the Sundays the Terra decreases in value between -12.76% and 11.51%. The uncertainty (12.13%) is higher than the average decline percentage (-0.63%). Therefore, expected range of price changes of the Terra on Sundays is large.
The increase in value of the Terra is 130.08% on an average Monday. However, the uncertainty on the average change is high for the Terra on Mondays. This is the reason why an expected increase of the Terra on an average Monday cannot be predicted. The standard deviation for Terra on Mondays is high, namely 1,993.61%. This means that the expected range of value change for the Terra is -1,863.52% and 2,123.69% on 68% of the Mondays.
On an average Tuesday the Terra shows an increase in value of 2.66%. However, the change of Terra on most of the Tuesdays is between -15.21% and 20.52%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Terras.
Terra increased in value on an average Wednesday only slightly. The average increase in value of the Terra was 0.17%. Allthough the Terra closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (10.63%). This means that on 68 percent of the Wednesdays, the change in price of the Terra is expected to be in the range of -10.45% and 10.80%.
On an average Thursday, the Terra increased 0.51%. However, since the expected deviation is 12.17%, the Terra will decline in value on a Thursday quiet regularly. The expected price change of the Terra on a Thursday is between -11.66% and 12.68%.
Historical performance on Friday do not show an increase in value of the Terra on which a prediction can be made. The Terra 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 Terra on a Friday is between -15.51% and 16.99% (see also the table below).
On an average Saturday the Terra shows an increase in value of 1.69%. However, the change of Terra on most of the Saturdays is between -28.62% and 32.00%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Terras.
Terra weekday performance details
Find below the details of the performance of Terra 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||-0.63%||12.13%||-12.76% to 11.51%|
|Monday||130.08%||1,993.61%||-1,863.52% to 2,123.69%|
|Tuesday||2.66%||17.87%||-15.21% to 20.52%|
|Wednesday||0.17%||10.63%||-10.45% to 10.80%|
|Thursday||0.51%||12.17%||-11.66% to 12.68%|
|Friday||0.74%||16.25%||-15.51% to 16.99%|
|Saturday||1.69%||30.31%||-28.62% to 32.00%|