THETA (THETA)

Current price: $ 8.27

24 hours price change: $ 0.34 (4.23%)

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 13th, 2021 to June 13th, 2021.

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 05/13/2021 and 06/13/2021.

According to the performance of THETA between May 13th, 2021 and June 13th, 2021, THETA performed the best on Mondays. On average, the price of THETA increased 2.47% on Monday.

The weekday on which the THETA performed the worst, is Wednesday. On Wednesdays, the THETA declined in value on average by -7.09%.

THETA weekday performance

On an average Sunday the THETA shows an increase in value of 1.03%. However, the change of THETA on most of the Sundays is between -0.21% and 2.27%. Therefore it is hard to tell whether an average Sunday is a good day to start buying THETAs.

On an average Monday the THETA shows an increase in value of 2.47%. However, the change of THETA on most of the Mondays is between -1.38% and 6.33%. Therefore it is hard to tell whether an average Monday is a good day to start buying THETAs.

On an average Tuesday, the THETA increased 0.50%. However, since the expected deviation is 1.07%, the THETA will decline in value on a Tuesday quiet regularly. The expected price change of the THETA on a Tuesday is between -0.57% and 1.58%.

The decrease in value of the THETA is -7.09% on an average Wednesday. The uncertainty of the average change is high for the THETA on Wednesdays. This means that it is hard to tell whether the THETA will decrease or increase in value on an average Wednesday. If we look at the 68% range of the THETA, we see that on 68% of the Wednesdays, the expected change of the THETA is between -26.41% and 12.22%.

Historical performance on Thursday 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 Thursday with 0.77%. However, the uncertainty of this increase is high. The expected change in value of the THETA on a Thursday is between -3.71% and 5.25% (see also the table below).

The decrease in value of the THETA is -3.28% on an average Friday. The uncertainty of the average change is high for the THETA on Fridays. This means that it is hard to tell whether the THETA will decrease or increase in value on an average Friday. If we look at the 68% range of the THETA, we see that on 68% of the Fridays, the expected change of the THETA is between -9.90% and 3.34%.

On Saturdays, the THETA decreases in value on average with -0.65%. On most of the Saturdays the THETA decreases in value between -2.12% and 0.82%. The uncertainty (1.47%) is higher than the average decline percentage (-0.65%). Therefore, expected range of price changes of the THETA on Saturdays is large.

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 1.03% 1.24% -0.21% to 2.27%
Monday 2.47% 3.85% -1.38% to 6.33%
Tuesday 0.50% 1.07% -0.57% to 1.58%
Wednesday -7.09% 19.31% -26.41% to 12.22%
Thursday 0.77% 4.48% -3.71% to 5.25%
Friday -3.28% 6.62% -9.90% to 3.34%
Saturday -0.65% 1.47% -2.12% to 0.82%
 

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