Avalanche (AVAX)

Current price: $ 61.90

24 hours price change: $ -12.52 (-16.83%)

Daily analysis of Avalanche (AVAX) - 6 months

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 6 months, starting on April 27th, 2021 to October 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 04/27/2021 and 10/27/2021.

According to the performance of Avalanche between April 27th, 2021 and October 27th, 2021, Avalanche performed the best on Fridays. On average, the price of Avalanche increased 2.05% on Friday.

The weekday on which the Avalanche performed the worst, is Monday. On Mondays, the Avalanche declined in value on average by -1.08%.

Avalanche weekday performance

On an average Sunday, the Avalanche increased 0.55%. However, since the expected deviation is 5.07%, the Avalanche will decline in value on a Sunday quiet regularly. The expected price change of the Avalanche on a Sunday is between -4.53% and 5.62%.

The Avalanche declines in value on an average Monday with -1.08%. However, the uncertainty (or standard deviation) is quite large, namely 9.48%. This means that it is not possible to say whether on a regular Monday the Avalanche will increase or decrease in value.

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 0.76%. However, the uncertainty of this increase is high. The expected change in value of the Avalanche on a Tuesday is between -7.84% and 9.35% (see also the table below).

On an average Wednesday the Avalanche shows an increase in value of 1.35%. However, the change of Avalanche on most of the Wednesdays is between -9.81% and 12.50%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Avalanches.

On an average Thursday the Avalanche shows an increase in value of 1.51%. However, the change of Avalanche on most of the Thursdays is between -5.07% and 8.09%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Avalanches.

On an average Friday the Avalanche shows an increase in value of 2.05%. However, the change of Avalanche on most of the Fridays is between -8.23% and 12.33%. Therefore it is hard to tell whether an average Friday is a good day to start buying Avalanches.

On an average Saturday, the Avalanche increased 0.39%. However, since the expected deviation is 5.49%, the Avalanche will decline in value on a Saturday quiet regularly. The expected price change of the Avalanche on a Saturday is between -5.10% and 5.88%.

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 0.55% 5.07% -4.53% to 5.62%
Monday -1.08% 9.48% -10.56% to 8.40%
Tuesday 0.76% 8.59% -7.84% to 9.35%
Wednesday 1.35% 11.16% -9.81% to 12.50%
Thursday 1.51% 6.58% -5.07% to 8.09%
Friday 2.05% 10.28% -8.23% to 12.33%
Saturday 0.39% 5.49% -5.10% to 5.88%
 

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