ABBC Coin (ABBC)

Current price: $ 0.30

24 hours price change: $ 0.06 (24.72%)

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 September 20th, 2019 to October 19th, 2019.

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 09/20/2019 and 10/19/2019.

According to the performance of ABBC Coin between September 20th, 2019 and October 19th, 2019, ABBC Coin performed the best on Fridays. On average, the price of ABBC Coin increased 5.93% on Friday.

The weekday on which the ABBC Coin performed the worst, is Tuesday. On Tuesdays, the ABBC Coin declined in value on average by -1.43%.

ABBC Coin weekday performance

Allthough the ABBC Coin decreases in value with -0.32% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of ABBC Coin on Sundays is 1.25%. This means that the expected change of the value of ABBC Coin is between -1.57% and 0.93% on 68 out of 100 Sundays.

The average increase of the ABBC Coin on an average Monday is 0.46%. This is a small increase, however, the expected change of the ABBC Coin in 95% of the Mondays is -0.14% and 1.06%. This means that only on 2.5% (or slightly over 1 Monday per year) the expected change of the ABBC Coin is below -0.14%. On the other hand, you would not have to expect that the change on a single Monday will be above 1.06%. This will also only happen on 2.5% of the Mondays. On 68% of the Mondays, the increase of the ABBC Coin will be in the range of 0.16% and 0.76%.

The ABBC Coin declines in value on an average Tuesday with -1.43%. However, the uncertainty (or standard deviation) is quite large, namely 4.94%. This means that it is not possible to say whether on a regular Tuesday the ABBC Coin will increase or decrease in value.

On an average Wednesday the ABBC Coin shows an increase in value of 2.15%. However, the change of ABBC Coin on most of the Wednesdays is between -1.43% and 5.73%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying ABBC Coins.

On Thursdays, the ABBC Coin decreases in value on average with -0.95%. On most of the Thursdays the ABBC Coin decreases in value between -3.46% and 1.56%. The uncertainty (2.51%) is higher than the average decline percentage (-0.95%). Therefore, expected range of price changes of the ABBC Coin on Thursdays is large.

The increase in value of the ABBC Coin is 5.93% on an average Friday. However, the uncertainty on the average change is high for the ABBC Coin on Fridays. This is the reason why an expected increase of the ABBC Coin on an average Friday cannot be predicted. The standard deviation for ABBC Coin on Fridays is high, namely 11.46%. This means that the expected range of value change for the ABBC Coin is -5.53% and 17.38% on 68% of the Fridays.

ABBC Coin increased in value on an average Saturday only slightly. The average increase in value of the ABBC Coin was 0.04%. 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 (0.34%). This means that on 68 percent of the Saturdays, the change in price of the ABBC Coin is expected to be in the range of -0.30% and 0.38%.

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 -0.32% 1.25% -1.57% to 0.93%
Monday 0.46% 0.30% 0.16% to 0.76%
Tuesday -1.43% 4.94% -6.37% to 3.50%
Wednesday 2.15% 3.58% -1.43% to 5.73%
Thursday -0.95% 2.51% -3.46% to 1.56%
Friday 5.93% 11.46% -5.53% to 17.38%
Saturday 0.04% 0.34% -0.30% to 0.38%