Waltonchain (WTC)

Current price: $ 0.73

24 hours price change: $ 0.02 (2.25%)

Daily analysis of Waltonchain (WTC) - 6 months

The performance of Waltonchain regarding the price differs every day. To make the best decision to buy Waltonchain, we are analysis in this article the performance of Waltonchain on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 6 months, starting on December 13th, 2020 to June 13th, 2021.

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

Average daily change in price of Waltonchain per weekday between 12/13/2020 and 06/13/2021.

According to the performance of Waltonchain between December 13th, 2020 and June 13th, 2021, Waltonchain performed the best on Fridays. On average, the price of Waltonchain increased 2.70% on Friday.

The weekday on which the Waltonchain performed the worst, is Wednesday. On Wednesdays, the Waltonchain declined in value on average by -2.80%.

Waltonchain weekday performance

The Waltonchain declines in value on an average Sunday with -1.02%. However, the uncertainty (or standard deviation) is quite large, namely 5.56%. This means that it is not possible to say whether on a regular Sunday the Waltonchain will increase or decrease in value.

Historical performance on Monday do not show an increase in value of the Waltonchain on which a prediction can be made. The Waltonchain increased in value on average on an average Monday with 0.62%. However, the uncertainty of this increase is high. The expected change in value of the Waltonchain on a Monday is between -3.92% and 5.16% (see also the table below).

Waltonchain increased in value on an average Tuesday only slightly. The average increase in value of the Waltonchain was 0.11%. Allthough the Waltonchain closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.29%). This means that on 68 percent of the Tuesdays, the change in price of the Waltonchain is expected to be in the range of -3.19% and 3.40%.

The Waltonchain declines in value on an average Wednesday with -2.80%. However, the uncertainty (or standard deviation) is quite large, namely 10.44%. This means that it is not possible to say whether on a regular Wednesday the Waltonchain will increase or decrease in value.

On an average Thursday, the Waltonchain increased 0.30%. However, since the expected deviation is 2.83%, the Waltonchain will decline in value on a Thursday quiet regularly. The expected price change of the Waltonchain on a Thursday is between -2.53% and 3.13%.

On an average Friday the Waltonchain shows an increase in value of 2.70%. However, the change of Waltonchain on most of the Fridays is between -10.13% and 15.52%. Therefore it is hard to tell whether an average Friday is a good day to start buying Waltonchains.

It is hard to tell whether the Waltonchain will increase or decrease in value on an average Saturday. The average change on a Saturday for the Waltonchain is -0.19%. However, the standard deviation on this weekday is 2.42%. This means that on most Saturdays, the change in value of the Waltonchain is between -2.62% and 2.23%.

Waltonchain weekday performance details

Find below the details of the performance of Waltonchain 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 -1.02% 5.56% -6.58% to 4.55%
Monday 0.62% 4.54% -3.92% to 5.16%
Tuesday 0.11% 3.29% -3.19% to 3.40%
Wednesday -2.80% 10.44% -13.24% to 7.64%
Thursday 0.30% 2.83% -2.53% to 3.13%
Friday 2.70% 12.83% -10.13% to 15.52%
Saturday -0.19% 2.42% -2.62% to 2.23%
 

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