The performance of Waves regarding the price differs every day. To make the best decision to buy Waves, we are analysis in this article the performance of Waves on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on April 28th, 2023 to May 28th, 2023.
In the barchart below, the weekdays and average performance of Waves are shown side by side.
According to the performance of Waves between April 28th, 2023 and May 28th, 2023, Waves performed the best on Thursdays. On average, the price of Waves increased 0.07% on Thursday.
The weekday on which the Waves performed the worst, is Saturday. On Saturdays, the Waves declined in value on average by -0.33%.
Waves weekday performance
Waves increased in value on an average Sunday only slightly. The average increase in value of the Waves was 0.02%. Allthough the Waves 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 Sundays, the change in price of the Waves is expected to be in the range of -0.01% and 0.05%.
It is hard to tell whether the Waves will increase or decrease in value on an average Monday. The average change on a Monday for the Waves is 0.00%. However, the standard deviation on this weekday is 0.08%. This means that on most Mondays, the change in value of the Waves is between -0.08% and 0.08%.
It is hard to tell whether the Waves will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Waves is -0.06%. However, the standard deviation on this weekday is 0.15%. This means that on most Tuesdays, the change in value of the Waves is between -0.21% and 0.08%.
Waves increased in value on an average Wednesday only slightly. The average increase in value of the Waves was 0.03%. Allthough the Waves 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 Wednesdays, the change in price of the Waves is expected to be in the range of 0.00% and 0.06%.
Waves increased in value on an average Thursday only slightly. The average increase in value of the Waves was 0.07%. Allthough the Waves closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.09%). This means that on 68 percent of the Thursdays, the change in price of the Waves is expected to be in the range of -0.02% and 0.15%.
It is hard to tell whether the Waves will increase or decrease in value on an average Friday. The average change on a Friday for the Waves is -0.06%. However, the standard deviation on this weekday is 0.11%. This means that on most Fridays, the change in value of the Waves is between -0.17% and 0.06%.
Allthough the Waves decreases in value with -0.33% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Waves on Saturdays is 0.67%. This means that the expected change of the value of Waves is between -1.00% and 0.33% on 68 out of 100 Saturdays.
Waves weekday performance details
Find below the details of the performance of Waves 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 | 0.02% | 0.03% | -0.01% to 0.05% |
Monday | 0.00% | 0.08% | -0.08% to 0.08% |
Tuesday | -0.06% | 0.15% | -0.21% to 0.08% |
Wednesday | 0.03% | 0.03% | 0.00% to 0.06% |
Thursday | 0.07% | 0.09% | -0.02% to 0.15% |
Friday | -0.06% | 0.11% | -0.17% to 0.06% |
Saturday | -0.33% | 0.67% | -1.00% to 0.33% |