ABBC Coin (ABBC)

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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 November 22nd, 2023 to May 17th, 2024.

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 11/22/2023 and 05/17/2024.

According to the performance of ABBC Coin between November 22nd, 2023 and May 17th, 2024, ABBC Coin performed the best on Thursdays. On average, the price of ABBC Coin increased 0.81% on Thursday.

The weekday on which the ABBC Coin performed the worst, is Tuesday. On Tuesdays, the ABBC Coin declined in value on average by -1.00%.

ABBC Coin weekday performance

On Sundays, the ABBC Coin decreases in value on average with -0.89%. On most of the Sundays the ABBC Coin decreases in value between -3.44% and 1.66%. The uncertainty (2.55%) is higher than the average decline percentage (-0.89%). Therefore, expected range of price changes of the ABBC Coin on Sundays is large.

It is hard to tell whether the ABBC Coin will increase or decrease in value on an average Monday. The average change on a Monday for the ABBC Coin is -0.29%. However, the standard deviation on this weekday is 1.76%. This means that on most Mondays, the change in value of the ABBC Coin is between -2.05% and 1.47%.

The ABBC Coin declines in value on an average Tuesday with -1.00%. 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 ABBC Coin will increase or decrease in value.

ABBC Coin increased in value on an average Wednesday only slightly. The average increase in value of the ABBC Coin was 0.16%. 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 (2.59%). This means that on 68 percent of the Wednesdays, the change in price of the ABBC Coin is expected to be in the range of -2.42% and 2.75%.

Historical performance on Thursday 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 Thursday with 0.81%. However, the uncertainty of this increase is high. The expected change in value of the ABBC Coin on a Thursday is between -4.03% and 5.66% (see also the table below).

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 (3.12%). 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 -2.91% and 3.33%.

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 -0.04%. However, the standard deviation on this weekday is 2.67%. This means that on most Saturdays, the change in value of the ABBC Coin is between -2.71% and 2.64%.

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 -0.89% 2.55% -3.44% to 1.66%
Monday -0.29% 1.76% -2.05% to 1.47%
Tuesday -1.00% 2.80% -3.80% to 1.79%
Wednesday 0.16% 2.59% -2.42% to 2.75%
Thursday 0.81% 4.84% -4.03% to 5.66%
Friday 0.21% 3.12% -2.91% to 3.33%
Saturday -0.04% 2.67% -2.71% to 2.64%
 

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: Financial indicators for cryptocurrencies