THETA (THETA)

Current price: $ 1.52

24 hours price change: $ -0.04 (-2.32%)

Daily analysis of THETA (THETA) - 1 month

The performance of THETA regarding the price differs every day. To make the best decision to buy THETA, we are analysis in this article the performance of THETA on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on May 23rd, 2024 to June 23rd, 2024.

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

Average daily change in price of THETA per weekday between 05/23/2024 and 06/23/2024.

According to the performance of THETA between May 23rd, 2024 and June 23rd, 2024, THETA performed the best on Mondays. On average, the price of THETA increased 0.65% on Monday.

The weekday on which the THETA performed the worst, is Thursday. On Thursdays, the THETA declined in value on average by -1.31%.

THETA weekday performance

On Sundays, the THETA decreases in value on average with -0.78%. On most of the Sundays the THETA decreases in value between -2.35% and 0.79%. The uncertainty (1.57%) is higher than the average decline percentage (-0.78%). Therefore, expected range of price changes of the THETA on Sundays is large.

Historical performance on Monday do not show an increase in value of the THETA on which a prediction can be made. The THETA increased in value on average on an average Monday with 0.65%. However, the uncertainty of this increase is high. The expected change in value of the THETA on a Monday is between -0.57% and 1.88% (see also the table below).

On Tuesdays, the THETA decreases in value on average with -0.78%. On most of the Tuesdays the THETA decreases in value between -2.13% and 0.58%. The uncertainty (1.35%) is higher than the average decline percentage (-0.78%). Therefore, expected range of price changes of the THETA on Tuesdays is large.

Allthough the THETA decreases in value with -0.59% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of THETA on Wednesdays is 1.03%. This means that the expected change of the value of THETA is between -1.63% and 0.44% on 68 out of 100 Wednesdays.

The THETA declines in value on an average Thursday with -1.31%. However, the uncertainty (or standard deviation) is quite large, namely 2.06%. This means that it is not possible to say whether on a regular Thursday the THETA will increase or decrease in value.

On Fridays, the THETA decreases in value on average with -0.87%. On most of the Fridays the THETA decreases in value between -1.92% and 0.18%. The uncertainty (1.05%) is higher than the average decline percentage (-0.87%). Therefore, expected range of price changes of the THETA on Fridays is large.

On an average Saturday, the THETA increased 0.39%. However, since the expected deviation is 0.69%, the THETA will decline in value on a Saturday quiet regularly. The expected price change of the THETA on a Saturday is between -0.30% and 1.08%.

THETA weekday performance details

Find below the details of the performance of THETA 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 -0.78% 1.57% -2.35% to 0.79%
Monday 0.65% 1.22% -0.57% to 1.88%
Tuesday -0.78% 1.35% -2.13% to 0.58%
Wednesday -0.59% 1.03% -1.63% to 0.44%
Thursday -1.31% 2.06% -3.37% to 0.75%
Friday -0.87% 1.05% -1.92% to 0.18%
Saturday 0.39% 0.69% -0.30% to 1.08%
 

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