WAX (WAX)

Current price: $ 0.06

24 hours price change: $ 0.004091 (7.73%)

Daily analysis of WAX (WAX) - 1 month

The performance of WAX regarding the price differs every day. To make the best decision to buy WAX, we are analysis in this article the performance of WAX on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on June 4th, 2020 to July 3rd, 2020.

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

Average daily change in price of WAX per weekday between 06/04/2020 and 07/03/2020.

According to the performance of WAX between June 4th, 2020 and July 3rd, 2020, WAX performed the best on Mondays. On average, the price of WAX increased 0.44% on Monday.

The weekday on which the WAX performed the worst, is Wednesday. On Wednesdays, the WAX declined in value on average by -5.21%.

WAX weekday performance

It is hard to tell whether the WAX will increase or decrease in value on an average Sunday. The average change on a Sunday for the WAX is -0.01%. However, the standard deviation on this weekday is 0.06%. This means that on most Sundays, the change in value of the WAX is between -0.07% and 0.05%.

The average increase of the WAX on an average Monday is 0.44%. This is a small increase, however, the expected change of the WAX in 95% of the Mondays is -0.30% and 1.18%. This means that only on 2.5% (or slightly over 1 Monday per year) the expected change of the WAX is below -0.30%. On the other hand, you would not have to expect that the change on a single Monday will be above 1.18%. This will also only happen on 2.5% of the Mondays. On 68% of the Mondays, the increase of the WAX will be in the range of 0.07% and 0.81%.

It is hard to tell whether the WAX will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the WAX is 0.00%. However, the standard deviation on this weekday is 0.06%. This means that on most Tuesdays, the change in value of the WAX is between -0.06% and 0.05%.

The decrease in value of the WAX is -5.21% on an average Wednesday. The uncertainty of the average change is high for the WAX on Wednesdays. This means that it is hard to tell whether the WAX will decrease or increase in value on an average Wednesday. If we look at the 68% range of the WAX, we see that on 68% of the Wednesdays, the expected change of the WAX is between -14.18% and 3.77%.

WAX increased in value on an average Thursday only slightly. The average increase in value of the WAX was 0.06%. Allthough the WAX closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.22%). This means that on 68 percent of the Thursdays, the change in price of the WAX is expected to be in the range of -0.16% and 0.29%.

WAX increased in value on an average Friday only slightly. The average increase in value of the WAX was 0.01%. Allthough the WAX closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.31%). This means that on 68 percent of the Fridays, the change in price of the WAX is expected to be in the range of -0.30% and 0.32%.

It is hard to tell whether the WAX will increase or decrease in value on an average Saturday. The average change on a Saturday for the WAX is -0.02%. However, the standard deviation on this weekday is 0.29%. This means that on most Saturdays, the change in value of the WAX is between -0.30% and 0.27%.

WAX weekday performance details

Find below the details of the performance of WAX 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 -0.01% 0.06% -0.07% to 0.05%
Monday 0.44% 0.37% 0.07% to 0.81%
Tuesday 0.00% 0.06% -0.06% to 0.05%
Wednesday -5.21% 8.97% -14.18% to 3.77%
Thursday 0.06% 0.22% -0.16% to 0.29%
Friday 0.01% 0.31% -0.30% to 0.32%
Saturday -0.02% 0.29% -0.30% to 0.27%
 

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