Waves (WAVES)

Current price: $ 10.00

24 hours price change: $ -0.003000 (-0.03%)

Daily analysis of Waves (WAVES) - 6 months

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 6 months, starting on September 8th, 2020 to March 8th, 2021.

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 09/08/2020 and 03/08/2021.

According to the performance of Waves between September 8th, 2020 and March 8th, 2021, Waves performed the best on Thursdays. On average, the price of Waves increased 0.70% on Thursday.

The weekday on which the Waves performed the worst, is Wednesday. On Wednesdays, the Waves declined in value on average by -1.29%.

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 -0.23%. However, the standard deviation on this weekday is 2.70%. This means that on most Sundays, the change in value of the Waves is between -2.93% and 2.47%.

Allthough the Waves decreases in value with -0.53% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Waves on Mondays is 2.37%. This means that the expected change of the value of Waves is between -2.89% and 1.84% on 68 out of 100 Mondays.

The Waves declines in value on an average Tuesday with -1.12%. However, the uncertainty (or standard deviation) is quite large, namely 2.80%. This means that it is not possible to say whether on a regular Tuesday the Waves will increase or decrease in value.

The Waves declines in value on an average Wednesday with -1.29%. However, the uncertainty (or standard deviation) is quite large, namely 3.58%. This means that it is not possible to say whether on a regular Wednesday the Waves will increase or decrease in value.

Historical performance on Thursday do not show an increase in value of the Waves on which a prediction can be made. The Waves increased in value on average on an average Thursday with 0.70%. However, the uncertainty of this increase is high. The expected change in value of the Waves on a Thursday is between -1.41% and 2.82% (see also the table below).

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 -0.29%. However, the standard deviation on this weekday is 1.75%. This means that on most Fridays, the change in value of the Waves is between -2.04% and 1.46%.

Waves increased in value on an average Saturday only slightly. The average increase in value of the Waves was 0.28%. 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 (2.00%). This means that on 68 percent of the Saturdays, the change in price of the Waves is expected to be in the range of -1.72% and 2.28%.

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 -0.23% 2.70% -2.93% to 2.47%
Monday -0.53% 2.37% -2.89% to 1.84%
Tuesday -1.12% 2.80% -3.92% to 1.68%
Wednesday -1.29% 3.58% -4.86% to 2.29%
Thursday 0.70% 2.12% -1.41% to 2.82%
Friday -0.29% 1.75% -2.04% to 1.46%
Saturday 0.28% 2.00% -1.72% to 2.28%
 

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