Terra (LUNA)

Current price: $ 80.98

24 hours price change: $ 3.83 (4.96%)

Daily analysis of Terra (LUNA) - 1 month

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 1 month, starting on December 18th, 2021 to January 18th, 2022.

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

Average daily change in price of Terra per weekday between 12/18/2021 and 01/18/2022.

According to the performance of Terra between December 18th, 2021 and January 18th, 2022, Terra performed the best on Wednesdays. On average, the price of Terra increased 1.38% on Wednesday.

The weekday on which the Terra performed the worst, is Thursday. On Thursdays, the Terra declined in value on average by -1.85%.

Terra weekday performance

It is hard to tell whether the Terra will increase or decrease in value on an average Sunday. The average change on a Sunday for the Terra is -0.25%. However, the standard deviation on this weekday is 0.91%. This means that on most Sundays, the change in value of the Terra is between -1.16% and 0.65%.

On Mondays, the Terra decreases in value on average with -0.87%. On most of the Mondays the Terra decreases in value between -1.86% and 0.13%. The uncertainty (0.99%) is higher than the average decline percentage (-0.87%). Therefore, expected range of price changes of the Terra on Mondays is large.

It is hard to tell whether the Terra will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Terra is -0.12%. However, the standard deviation on this weekday is 1.44%. This means that on most Tuesdays, the change in value of the Terra is between -1.56% and 1.32%.

On an average Wednesday the Terra shows a high increase in value, namely 1.38%. The standard deviation is below the average increase percentage (standard deviation is 1.23%), meaning that on 68% of the Wednesdays the Terra will increase with a percentage between 0.16% and 2.61%. This also means that, on average, on 16 percent of the Wednesdays, the Terra will increase with a percentage above this range. On the other 16% of the Wednesdays, the Terra will change with a percentage below the 0.16%.

The Terra declines in value on an average Thursday with -1.85%. However, the uncertainty (or standard deviation) is quite large, namely 3.97%. This means that it is not possible to say whether on a regular Thursday the Terra will increase or decrease in value.

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 0.63%. However, the uncertainty of this increase is high. The expected change in value of the Terra on a Friday is between -1.01% and 2.26% (see also the table below).

On an average Saturday the Terra shows an increase in value of 1.06%. However, the change of Terra on most of the Saturdays is between -0.49% and 2.61%. 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 -0.25% 0.91% -1.16% to 0.65%
Monday -0.87% 0.99% -1.86% to 0.13%
Tuesday -0.12% 1.44% -1.56% to 1.32%
Wednesday 1.38% 1.23% 0.16% to 2.61%
Thursday -1.85% 3.97% -5.82% to 2.12%
Friday 0.63% 1.64% -1.01% to 2.26%
Saturday 1.06% 1.55% -0.49% to 2.61%
 

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