TRON (TRX)

Current price: $ 0.02

24 hours price change: $ 0.000130 (0.78%)

Daily analysis of TRON (TRX) - 1 month

The performance of TRON regarding the price differs every day. To make the best decision to buy TRON, we are analysis in this article the performance of TRON on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on June 4th, 2020 to July 4th, 2020.

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

Average daily change in price of TRON per weekday between 06/04/2020 and 07/04/2020.

According to the performance of TRON between June 4th, 2020 and July 4th, 2020, TRON performed the best on Saturdays. On average, the price of TRON increased 1.38% on Saturday.

The weekday on which the TRON performed the worst, is Tuesday. On Tuesdays, the TRON rose in value on average by -. The price still increased on Tuesdays, allthough it was the smallest increase of all days on average.

TRON weekday performance

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

TRON increased in value on an average Monday only slightly. The average increase in value of the TRON was 0.02%. Allthough the TRON closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.03%). This means that on 68 percent of the Mondays, the change in price of the TRON is expected to be in the range of -0.01% and 0.04%.

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

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

It is hard to tell whether the TRON will increase or decrease in value on an average Thursday. The average change on a Thursday for the TRON is -0.04%. However, the standard deviation on this weekday is 0.08%. This means that on most Thursdays, the change in value of the TRON is between -0.11% and 0.04%.

TRON increased in value on an average Friday only slightly. The average increase in value of the TRON was 0.02%. Allthough the TRON closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.03%). This means that on 68 percent of the Fridays, the change in price of the TRON is expected to be in the range of -0.01% and 0.06%.

On an average Saturday the TRON shows an increase in value of 1.38%. However, the change of TRON on most of the Saturdays is between -1.38% and 4.13%. Therefore it is hard to tell whether an average Saturday is a good day to start buying TRONs.

TRON weekday performance details

Find below the details of the performance of TRON 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 - - - to -
Monday 0.02% 0.03% -0.01% to 0.04%
Tuesday - - - to -
Wednesday - - - to -
Thursday -0.04% 0.08% -0.11% to 0.04%
Friday 0.02% 0.03% -0.01% to 0.06%
Saturday 1.38% 2.75% -1.38% to 4.13%
 

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