Current price: $ 4.93

24 hours price change: $ 0.65 (15.20%)

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 February 9th, 2021 to March 8th, 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 02/09/2021 and 03/08/2021.

According to the performance of THETA between February 9th, 2021 and March 8th, 2021, THETA performed the best on Saturdays. On average, the price of THETA increased 4.31% on Saturday.

The weekday on which the THETA performed the worst, is Sunday. On Sundays, the THETA declined in value on average by -0.34%.

THETA weekday performance

Allthough the THETA decreases in value with -0.34% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of THETA on Sundays is 1.41%. This means that the expected change of the value of THETA is between -1.74% and 1.07% on 68 out of 100 Sundays.

On an average Monday the THETA shows an increase in value of 1.03%. However, the change of THETA on most of the Mondays is between -3.30% and 5.36%. Therefore it is hard to tell whether an average Monday is a good day to start buying THETAs.

THETA increased in value on an average Tuesday only slightly. The average increase in value of the THETA was 0.18%. 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 (1.69%). This means that on 68 percent of the Tuesdays, the change in price of the THETA is expected to be in the range of -1.51% and 1.87%.

On an average Wednesday, the THETA increased 0.50%. However, since the expected deviation is 1.39%, the THETA will decline in value on a Wednesday quiet regularly. The expected price change of the THETA on a Wednesday is between -0.88% and 1.89%.

On an average Thursday the THETA shows a high increase in value, namely 1.71%. The standard deviation is below the average increase percentage (standard deviation is 1.13%), meaning that on 68% of the Thursdays the THETA will increase with a percentage between 0.59% and 2.84%. This also means that, on average, on 16 percent of the Thursdays, the THETA will increase with a percentage above this range. On the other 16% of the Thursdays, the THETA will change with a percentage below the 0.59%.

On an average Friday, the THETA increased 0.37%. However, since the expected deviation is 1.80%, the THETA will decline in value on a Friday quiet regularly. The expected price change of the THETA on a Friday is between -1.43% and 2.18%.

The increase in value of the THETA is 4.31% on an average Saturday. However, the uncertainty on the average change is high for the THETA on Saturdays. This is the reason why an expected increase of the THETA on an average Saturday cannot be predicted. The standard deviation for THETA on Saturdays is high, namely 4.70%. This means that the expected range of value change for the THETA is -0.40% and 9.01% on 68% of the Saturdays.

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 -0.34% 1.41% -1.74% to 1.07%
Monday 1.03% 4.33% -3.30% to 5.36%
Tuesday 0.18% 1.69% -1.51% to 1.87%
Wednesday 0.50% 1.39% -0.88% to 1.89%
Thursday 1.71% 1.13% 0.59% to 2.84%
Friday 0.37% 1.80% -1.43% to 2.18%
Saturday 4.31% 4.70% -0.40% to 9.01%

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