THETA (THETA)

Current price: $ 4.18

24 hours price change: $ 0.26 (6.72%)

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 December 18th, 2021 to January 18th, 2022.

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 12/18/2021 and 01/18/2022.

According to the performance of THETA between December 18th, 2021 and January 18th, 2022, THETA performed the best on Saturdays. On average, the price of THETA increased 1.92% on Saturday.

The weekday on which the THETA performed the worst, is Friday. On Fridays, the THETA declined in value on average by -0.64%.

THETA weekday performance

It is hard to tell whether the THETA will increase or decrease in value on an average Sunday. The average change on a Sunday for the THETA is -0.11%. However, the standard deviation on this weekday is 0.46%. This means that on most Sundays, the change in value of the THETA is between -0.56% and 0.35%.

THETA increased in value on an average Monday only slightly. The average increase in value of the THETA was 0.06%. Allthough the THETA closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.72%). This means that on 68 percent of the Mondays, the change in price of the THETA is expected to be in the range of -1.66% and 1.78%.

Allthough the THETA decreases in value with -0.58% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of THETA on Tuesdays is 0.66%. This means that the expected change of the value of THETA is between -1.24% and 0.07% on 68 out of 100 Tuesdays.

On an average Wednesday the THETA shows a high increase in value, namely 1.34%. The standard deviation is below the average increase percentage (standard deviation is 0.82%), meaning that on 68% of the Wednesdays the THETA will increase with a percentage between 0.52% and 2.16%. This also means that, on average, on 16 percent of the Wednesdays, the THETA will increase with a percentage above this range. On the other 16% of the Wednesdays, the THETA will change with a percentage below the 0.52%.

Allthough the THETA decreases in value with -0.46% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of THETA on Thursdays is 0.41%. This means that the expected change of the value of THETA is between -0.87% and -0.06% on 68 out of 100 Thursdays.

On Fridays, the THETA decreases in value on average with -0.64%. On most of the Fridays the THETA decreases in value between -1.75% and 0.48%. The uncertainty (1.12%) is higher than the average decline percentage (-0.64%). Therefore, expected range of price changes of the THETA on Fridays is large.

On an average Saturday the THETA shows a high increase in value, namely 1.92%. The standard deviation is below the average increase percentage (standard deviation is 1.91%), meaning that on 68% of the Saturdays the THETA will increase with a percentage between 0.00% and 3.83%. This also means that, on average, on 16 percent of the Saturdays, the THETA will increase with a percentage above this range. On the other 16% of the Saturdays, the THETA will change with a percentage below the 0.00%.

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 -0.11% 0.46% -0.56% to 0.35%
Monday 0.06% 1.72% -1.66% to 1.78%
Tuesday -0.58% 0.66% -1.24% to 0.07%
Wednesday 1.34% 0.82% 0.52% to 2.16%
Thursday -0.46% 0.41% -0.87% to -0.06%
Friday -0.64% 1.12% -1.75% to 0.48%
Saturday 1.92% 1.91% 0.00% to 3.83%
 

About Us

: Financial indicators for cryptocurrencies