Waves (WAVES)

Current price: $ 5.83

24 hours price change: $ -0.08 (-1.30%)

Daily analysis of Waves (WAVES) - 1 month

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 July 16th, 2022 to August 16th, 2022.

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

Average daily change in price of Waves per weekday between 07/16/2022 and 08/16/2022.

According to the performance of Waves between July 16th, 2022 and August 16th, 2022, Waves performed the best on Thursdays. On average, the price of Waves increased 0.12% on Thursday.

The weekday on which the Waves performed the worst, is Wednesday. On Wednesdays, the Waves declined in value on average by -0.08%.

Waves weekday performance

It is hard to tell whether the Waves will increase or decrease in value on an average Sunday. The average change on a Sunday for the Waves is -0.03%. However, the standard deviation on this weekday is 0.11%. This means that on most Sundays, the change in value of the Waves is between -0.14% and 0.08%.

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 -0.05%. However, the standard deviation on this weekday is 0.13%. This means that on most Mondays, the change in value of the Waves is between -0.18% and 0.07%.

Waves increased in value on an average Tuesday only slightly. The average increase in value of the Waves was 0.05%. 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 (0.15%). This means that on 68 percent of the Tuesdays, the change in price of the Waves is expected to be in the range of -0.10% and 0.21%.

It is hard to tell whether the Waves will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Waves is -0.08%. However, the standard deviation on this weekday is 0.49%. This means that on most Wednesdays, the change in value of the Waves is between -0.57% and 0.40%.

The Waves will almost not change or only slightly increase in value on an average Thursday. The average change of the Waves on Thursdays is 0.12%. The standard deviation of the Waves is 0.09%, which means that in 68% of the Thursdays, the range of the change of the Waves is 0.03% and 0.20%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

Waves increased in value on an average Friday only slightly. The average increase in value of the Waves was 0.04%. 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 (0.04%). This means that on 68 percent of the Fridays, the change in price of the Waves is expected to be in the range of 0.00% and 0.08%.

It is hard to tell whether the Waves will increase or decrease in value on an average Saturday. The average change on a Saturday for the Waves is -0.01%. However, the standard deviation on this weekday is 0.08%. This means that on most Saturdays, the change in value of the Waves is between -0.09% and 0.08%.

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 -0.03% 0.11% -0.14% to 0.08%
Monday -0.05% 0.13% -0.18% to 0.07%
Tuesday 0.05% 0.15% -0.10% to 0.21%
Wednesday -0.08% 0.49% -0.57% to 0.40%
Thursday 0.12% 0.09% 0.03% to 0.20%
Friday 0.04% 0.04% 0.00% to 0.08%
Saturday -0.01% 0.08% -0.09% to 0.08%
 

About Us

: Financial indicators for cryptocurrencies