ABBC Coin (ABBC)

Current price: $ 0.21

24 hours price change: $ -0.002100 (-1.01%)

Daily analysis of ABBC Coin (ABBC) - 6 months

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 6 months, starting on October 23rd, 2020 to April 23rd, 2021.

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 10/23/2020 and 04/23/2021.

According to the performance of ABBC Coin between October 23rd, 2020 and April 23rd, 2021, ABBC Coin performed the best on Thursdays. On average, the price of ABBC Coin increased 0.59% on Thursday.

The weekday on which the ABBC Coin performed the worst, is Wednesday. On Wednesdays, the ABBC Coin declined in value on average by -1.10%.

ABBC Coin weekday performance

On an average Sunday, the ABBC Coin increased 0.31%. However, since the expected deviation is 2.87%, the ABBC Coin will decline in value on a Sunday quiet regularly. The expected price change of the ABBC Coin on a Sunday is between -2.57% and 3.18%.

On Mondays, the ABBC Coin decreases in value on average with -0.78%. On most of the Mondays the ABBC Coin decreases in value between -3.18% and 1.62%. The uncertainty (2.40%) is higher than the average decline percentage (-0.78%). Therefore, expected range of price changes of the ABBC Coin on Mondays is large.

Allthough the ABBC Coin decreases in value with -0.41% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of ABBC Coin on Tuesdays is 2.03%. This means that the expected change of the value of ABBC Coin is between -2.45% and 1.62% on 68 out of 100 Tuesdays.

The ABBC Coin declines in value on an average Wednesday with -1.10%. However, the uncertainty (or standard deviation) is quite large, namely 3.84%. This means that it is not possible to say whether on a regular Wednesday the ABBC Coin will increase or decrease in value.

On an average Thursday, the ABBC Coin increased 0.59%. However, since the expected deviation is 2.90%, the ABBC Coin will decline in value on a Thursday quiet regularly. The expected price change of the ABBC Coin on a Thursday is between -2.31% and 3.49%.

ABBC Coin increased in value on an average Friday only slightly. The average increase in value of the ABBC Coin was 0.21%. 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 (1.53%). This means that on 68 percent of the Fridays, the change in price of the ABBC Coin is expected to be in the range of -1.32% and 1.74%.

It is hard to tell whether the ABBC Coin will increase or decrease in value on an average Saturday. The average change on a Saturday for the ABBC Coin is -0.09%. However, the standard deviation on this weekday is 2.52%. This means that on most Saturdays, the change in value of the ABBC Coin is between -2.60% and 2.43%.

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 0.31% 2.87% -2.57% to 3.18%
Monday -0.78% 2.40% -3.18% to 1.62%
Tuesday -0.41% 2.03% -2.45% to 1.62%
Wednesday -1.10% 3.84% -4.94% to 2.73%
Thursday 0.59% 2.90% -2.31% to 3.49%
Friday 0.21% 1.53% -1.32% to 1.74%
Saturday -0.09% 2.52% -2.60% to 2.43%
 

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