Avalanche (AVAX)

Current price: $ 108.18

24 hours price change: $ -7.52 (-6.50%)

Daily analysis of Avalanche (AVAX) - 1 month

The performance of Avalanche regarding the price differs every day. To make the best decision to buy Avalanche, we are analysis in this article the performance of Avalanche on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on October 27th, 2021 to November 27th, 2021.

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

Average daily change in price of Avalanche per weekday between 10/27/2021 and 11/27/2021.

According to the performance of Avalanche between October 27th, 2021 and November 27th, 2021, Avalanche performed the best on Sundays. On average, the price of Avalanche increased 3.66% on Sunday.

The weekday on which the Avalanche performed the worst, is Monday. On Mondays, the Avalanche rose in value on average by 0.36%. The price still increased on Mondays, allthough it was the smallest increase of all days on average.

Avalanche weekday performance

On Sundays, the average increase of the value of the Avalanche is very high. The average increase is 3.66%. The standard deviation of the Avalanche on Sundays is 2.68%. This means that on 68% of the Sundays, the Avalanche increases between 0.98% and 6.34%. The uncertainty is therefore not very high, since on most Sundays, the value of the Avalanche will increase.

On an average Monday, the Avalanche increased 0.36%. However, since the expected deviation is 2.38%, the Avalanche will decline in value on a Monday quiet regularly. The expected price change of the Avalanche on a Monday is between -2.02% and 2.75%.

Historical performance on Tuesday do not show an increase in value of the Avalanche on which a prediction can be made. The Avalanche increased in value on average on an average Tuesday with 0.66%. However, the uncertainty of this increase is high. The expected change in value of the Avalanche on a Tuesday is between -1.63% and 2.94% (see also the table below).

On an average Wednesday the Avalanche shows an increase in value of 2.36%. However, the change of Avalanche on most of the Wednesdays is between -1.83% and 6.56%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Avalanches.

Historical performance on Thursday do not show an increase in value of the Avalanche on which a prediction can be made. The Avalanche increased in value on average on an average Thursday with 0.99%. However, the uncertainty of this increase is high. The expected change in value of the Avalanche on a Thursday is between -3.17% and 5.15% (see also the table below).

On an average Friday the Avalanche shows an increase in value of 1.74%. However, the change of Avalanche on most of the Fridays is between -3.25% and 6.72%. Therefore it is hard to tell whether an average Friday is a good day to start buying Avalanches.

On an average Saturday the Avalanche shows an increase in value of 1.50%. However, the change of Avalanche on most of the Saturdays is between -1.89% and 4.88%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Avalanches.

Avalanche weekday performance details

Find below the details of the performance of Avalanche 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 3.66% 2.68% 0.98% to 6.34%
Monday 0.36% 2.38% -2.02% to 2.75%
Tuesday 0.66% 2.28% -1.63% to 2.94%
Wednesday 2.36% 4.19% -1.83% to 6.56%
Thursday 0.99% 4.16% -3.17% to 5.15%
Friday 1.74% 4.98% -3.25% to 6.72%
Saturday 1.50% 3.39% -1.89% to 4.88%
 

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