Waves (WAVES)

Current price: $ 13.27

24 hours price change: $ 0.05 (0.38%)

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 December 20th, 2021 to January 20th, 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 12/20/2021 and 01/20/2022.

According to the performance of Waves between December 20th, 2021 and January 20th, 2022, Waves performed the best on Saturdays. On average, the price of Waves increased 1.17% on Saturday.

The weekday on which the Waves performed the worst, is Thursday. On Thursdays, the Waves declined in value on average by -0.84%.

Waves weekday performance

On an average Sunday, the Waves increased 0.45%. However, since the expected deviation is 0.53%, the Waves will decline in value on a Sunday quiet regularly. The expected price change of the Waves on a Sunday is between -0.08% and 0.98%.

Allthough the Waves decreases in value with -0.46% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Waves on Mondays is 0.40%. This means that the expected change of the value of Waves is between -0.86% and -0.05% on 68 out of 100 Mondays.

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 -0.07%. However, the standard deviation on this weekday is 1.26%. This means that on most Tuesdays, the change in value of the Waves is between -1.33% and 1.18%.

Waves increased in value on an average Wednesday 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 (0.74%). This means that on 68 percent of the Wednesdays, the change in price of the Waves is expected to be in the range of -0.67% and 0.80%.

On Thursdays, the Waves decreases in value on average with -0.84%. On most of the Thursdays the Waves decreases in value between -1.75% and 0.07%. The uncertainty (0.91%) is higher than the average decline percentage (-0.84%). Therefore, expected range of price changes of the Waves on Thursdays is large.

Allthough the Waves decreases in value with -0.59% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Waves on Fridays is 0.65%. This means that the expected change of the value of Waves is between -1.24% and 0.06% on 68 out of 100 Fridays.

On an average Saturday the Waves shows a high increase in value, namely 1.17%. The standard deviation is below the average increase percentage (standard deviation is 0.36%), meaning that on 68% of the Saturdays the Waves will increase with a percentage between 0.81% and 1.53%. This also means that, on average, on 16 percent of the Saturdays, the Waves will increase with a percentage above this range. On the other 16% of the Saturdays, the Waves will change with a percentage below the 0.81%.

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 0.45% 0.53% -0.08% to 0.98%
Monday -0.46% 0.40% -0.86% to -0.05%
Tuesday -0.07% 1.26% -1.33% to 1.18%
Wednesday 0.07% 0.74% -0.67% to 0.80%
Thursday -0.84% 0.91% -1.75% to 0.07%
Friday -0.59% 0.65% -1.24% to 0.06%
Saturday 1.17% 0.36% 0.81% to 1.53%
 

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