ABBC Coin (ABBC)

Current price: $ 0.11

24 hours price change: $ -0.003700 (-3.36%)

Daily analysis of ABBC Coin (ABBC) - 1 month

The performance of ABBC Coin regarding the price differs every day. To make the best decision to buy ABBC Coin, we are analysis in this article the performance of ABBC Coin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on January 26th, 2020 to February 25th, 2020.

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

Average daily change in price of ABBC Coin per weekday between 01/26/2020 and 02/25/2020.

According to the performance of ABBC Coin between January 26th, 2020 and February 25th, 2020, ABBC Coin performed the best on Mondays. On average, the price of ABBC Coin increased 0.61% on Monday.

The weekday on which the ABBC Coin performed the worst, is Wednesday. On Wednesdays, the ABBC Coin declined in value on average by -1.46%.

ABBC Coin weekday performance

ABBC Coin increased in value on an average Sunday only slightly. The average increase in value of the ABBC Coin was 0.10%. Allthough the ABBC Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.23%). This means that on 68 percent of the Sundays, the change in price of the ABBC Coin is expected to be in the range of -2.13% and 2.33%.

Historical performance on Monday do not show an increase in value of the ABBC Coin on which a prediction can be made. The ABBC Coin increased in value on average on an average Monday with 0.61%. However, the uncertainty of this increase is high. The expected change in value of the ABBC Coin on a Monday is between -0.40% and 1.62% (see also the table below).

On Tuesdays, the ABBC Coin decreases in value on average with -0.74%. On most of the Tuesdays the ABBC Coin decreases in value between -1.63% and 0.16%. The uncertainty (0.89%) is higher than the average decline percentage (-0.74%). Therefore, expected range of price changes of the ABBC Coin on Tuesdays is large.

The ABBC Coin declines in value on an average Wednesday with -1.46%. However, the uncertainty (or standard deviation) is quite large, namely 0.91%. This means that it is not possible to say whether on a regular Wednesday the ABBC Coin will increase or decrease in value.

It is hard to tell whether the ABBC Coin will increase or decrease in value on an average Thursday. The average change on a Thursday for the ABBC Coin is -0.04%. However, the standard deviation on this weekday is 1.31%. This means that on most Thursdays, the change in value of the ABBC Coin is between -1.36% and 1.27%.

On Fridays, the ABBC Coin decreases in value on average with -0.81%. On most of the Fridays the ABBC Coin decreases in value between -2.04% and 0.43%. The uncertainty (1.24%) is higher than the average decline percentage (-0.81%). Therefore, expected range of price changes of the ABBC Coin on Fridays is large.

The ABBC Coin declines in value on an average Saturday with -1.06%. However, the uncertainty (or standard deviation) is quite large, namely 3.35%. This means that it is not possible to say whether on a regular Saturday the ABBC Coin will increase or decrease in value.

ABBC Coin weekday performance details

Find below the details of the performance of ABBC Coin 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 0.10% 2.23% -2.13% to 2.33%
Monday 0.61% 1.01% -0.40% to 1.62%
Tuesday -0.74% 0.89% -1.63% to 0.16%
Wednesday -1.46% 0.91% -2.38% to -0.55%
Thursday -0.04% 1.31% -1.36% to 1.27%
Friday -0.81% 1.24% -2.04% to 0.43%
Saturday -1.06% 3.35% -4.42% to 2.29%
 

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