The performance of Band Protocol regarding the price differs every day. To make the best decision to buy Band Protocol, we are analysis in this article the performance of Band Protocol on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on September 18th, 2019 to June 3rd, 2023.
In the barchart below, the weekdays and average performance of Band Protocol are shown side by side.
According to the performance of Band Protocol between September 18th, 2019 and June 3rd, 2023, Band Protocol performed the best on Wednesdays. On average, the price of Band Protocol increased 0.34% on Wednesday.
The weekday on which the Band Protocol performed the worst, is Monday. On Mondays, the Band Protocol rose in value on average by 0.06%. The price still increased on Mondays, allthough it was the smallest increase of all days on average.
Band Protocol weekday performance
Band Protocol increased in value on an average Sunday only slightly. The average increase in value of the Band Protocol was 0.07%. Allthough the Band Protocol closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.15%). This means that on 68 percent of the Sundays, the change in price of the Band Protocol is expected to be in the range of -2.08% and 2.21%.
Band Protocol increased in value on an average Monday only slightly. The average increase in value of the Band Protocol was 0.06%. Allthough the Band Protocol closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.84%). This means that on 68 percent of the Mondays, the change in price of the Band Protocol is expected to be in the range of -2.77% and 2.90%.
Band Protocol increased in value on an average Tuesday only slightly. The average increase in value of the Band Protocol was 0.13%. Allthough the Band Protocol closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.48%). This means that on 68 percent of the Tuesdays, the change in price of the Band Protocol is expected to be in the range of -2.35% and 2.61%.
On an average Wednesday, the Band Protocol increased 0.34%. However, since the expected deviation is 2.93%, the Band Protocol will decline in value on a Wednesday quiet regularly. The expected price change of the Band Protocol on a Wednesday is between -2.59% and 3.27%.
Band Protocol increased in value on an average Thursday only slightly. The average increase in value of the Band Protocol was 0.15%. Allthough the Band Protocol closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.99%). This means that on 68 percent of the Thursdays, the change in price of the Band Protocol is expected to be in the range of -1.84% and 2.13%.
Band Protocol increased in value on an average Friday only slightly. The average increase in value of the Band Protocol was 0.16%. Allthough the Band Protocol closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.93%). This means that on 68 percent of the Fridays, the change in price of the Band Protocol is expected to be in the range of -2.77% and 3.09%.
Band Protocol increased in value on an average Saturday only slightly. The average increase in value of the Band Protocol was 0.09%. Allthough the Band Protocol closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.97%). This means that on 68 percent of the Saturdays, the change in price of the Band Protocol is expected to be in the range of -1.88% and 2.06%.
Band Protocol weekday performance details
Find below the details of the performance of Band Protocol 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 | 0.07% | 2.15% | -2.08% to 2.21% |
| Monday | 0.06% | 2.84% | -2.77% to 2.90% |
| Tuesday | 0.13% | 2.48% | -2.35% to 2.61% |
| Wednesday | 0.34% | 2.93% | -2.59% to 3.27% |
| Thursday | 0.15% | 1.99% | -1.84% to 2.13% |
| Friday | 0.16% | 2.93% | -2.77% to 3.09% |
| Saturday | 0.09% | 1.97% | -1.88% to 2.06% |