Band Protocol (BAND)

Current price: $ 0.37

24 hours price change: $ -0.04 (-9.09%)

Daily analysis of Band Protocol (BAND) - 1 year

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 1 year, starting on September 18th, 2019 to October 15th, 2019.

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

Average daily change in price of Band Protocol per weekday between 09/18/2019 and 10/15/2019.

According to the performance of Band Protocol between September 18th, 2019 and October 15th, 2019, Band Protocol performed the best on Fridays. On average, the price of Band Protocol increased 5.55% on Friday.

The weekday on which the Band Protocol performed the worst, is Monday. On Mondays, the Band Protocol declined in value on average by -5.56%.

Band Protocol weekday performance

The Band Protocol declines in value on an average Sunday with -1.34%. However, the uncertainty (or standard deviation) is quite large, namely 6.96%. This means that it is not possible to say whether on a regular Sunday the Band Protocol will increase or decrease in value.

The decrease in value of the Band Protocol is -5.56% on an average Monday. The uncertainty of the average change is high for the Band Protocol on Mondays. This means that it is hard to tell whether the Band Protocol will decrease or increase in value on an average Monday. If we look at the 68% range of the Band Protocol, we see that on 68% of the Mondays, the expected change of the Band Protocol is between -15.69% and 4.57%.

The Band Protocol declines in value on an average Tuesday with -1.05%. However, the uncertainty (or standard deviation) is quite large, namely 2.15%. This means that it is not possible to say whether on a regular Tuesday the Band Protocol will increase or decrease in value.

On an average Wednesday the Band Protocol shows an increase in value of 1.70%. However, the change of Band Protocol on most of the Wednesdays is between -4.07% and 7.48%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Band Protocols.

The increase in value of the Band Protocol is 3.31% on an average Thursday. However, the uncertainty on the average change is high for the Band Protocol on Thursdays. This is the reason why an expected increase of the Band Protocol on an average Thursday cannot be predicted. The standard deviation for Band Protocol on Thursdays is high, namely 5.26%. This means that the expected range of value change for the Band Protocol is -1.95% and 8.57% on 68% of the Thursdays.

The increase in value of the Band Protocol is 5.55% on an average Friday. However, the uncertainty on the average change is high for the Band Protocol on Fridays. This is the reason why an expected increase of the Band Protocol on an average Friday cannot be predicted. The standard deviation for Band Protocol on Fridays is high, namely 7.96%. This means that the expected range of value change for the Band Protocol is -2.41% and 13.51% on 68% of the Fridays.

The decrease in value of the Band Protocol is -4.23% on an average Saturday. The uncertainty of the average change is high for the Band Protocol on Saturdays. This means that it is hard to tell whether the Band Protocol will decrease or increase in value on an average Saturday. If we look at the 68% range of the Band Protocol, we see that on 68% of the Saturdays, the expected change of the Band Protocol is between -8.68% and 0.21%.

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 -1.34% 6.96% -8.30% to 5.62%
Monday -5.56% 10.13% -15.69% to 4.57%
Tuesday -1.05% 2.15% -3.19% to 1.10%
Wednesday 1.70% 5.78% -4.07% to 7.48%
Thursday 3.31% 5.26% -1.95% to 8.57%
Friday 5.55% 7.96% -2.41% to 13.51%
Saturday -4.23% 4.44% -8.68% to 0.21%