Band Protocol (BAND)

Current price: $ 13.94

24 hours price change: $ -3.97 (-22.17%)

Daily analysis of Band Protocol (BAND) - 6 months

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 6 months, starting on October 20th, 2020 to April 20th, 2021.

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 10/20/2020 and 04/20/2021.

According to the performance of Band Protocol between October 20th, 2020 and April 20th, 2021, Band Protocol performed the best on Fridays. On average, the price of Band Protocol increased 1.00% on Friday.

The weekday on which the Band Protocol performed the worst, is Sunday. On Sundays, the Band Protocol declined in value on average by -0.86%.

Band Protocol weekday performance

On Sundays, the Band Protocol decreases in value on average with -0.86%. On most of the Sundays the Band Protocol decreases in value between -3.29% and 1.58%. The uncertainty (2.44%) is higher than the average decline percentage (-0.86%). Therefore, expected range of price changes of the Band Protocol on Sundays is large.

Historical performance on Monday do not show an increase in value of the Band Protocol on which a prediction can be made. The Band Protocol increased in value on average on an average Monday with 0.65%. However, the uncertainty of this increase is high. The expected change in value of the Band Protocol on a Monday is between -2.14% and 3.44% (see also the table below).

On Tuesdays, the Band Protocol decreases in value on average with -0.64%. On most of the Tuesdays the Band Protocol decreases in value between -4.11% and 2.83%. The uncertainty (3.47%) is higher than the average decline percentage (-0.64%). Therefore, expected range of price changes of the Band Protocol on Tuesdays is large.

On an average Wednesday, the Band Protocol increased 0.32%. However, since the expected deviation is 5.35%, 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 -5.03% and 5.67%.

Historical performance on Thursday do not show an increase in value of the Band Protocol on which a prediction can be made. The Band Protocol increased in value on average on an average Thursday with 0.69%. However, the uncertainty of this increase is high. The expected change in value of the Band Protocol on a Thursday is between -2.16% and 3.53% (see also the table below).

Historical performance on Friday do not show an increase in value of the Band Protocol on which a prediction can be made. The Band Protocol increased in value on average on an average Friday with 1.00%. However, the uncertainty of this increase is high. The expected change in value of the Band Protocol on a Friday is between -2.89% and 4.88% (see also the table below).

On an average Saturday, the Band Protocol increased 0.32%. However, since the expected deviation is 2.67%, the Band Protocol will decline in value on a Saturday quiet regularly. The expected price change of the Band Protocol on a Saturday is between -2.36% and 2.99%.

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 -0.86% 2.44% -3.29% to 1.58%
Monday 0.65% 2.79% -2.14% to 3.44%
Tuesday -0.64% 3.47% -4.11% to 2.83%
Wednesday 0.32% 5.35% -5.03% to 5.67%
Thursday 0.69% 2.84% -2.16% to 3.53%
Friday 1.00% 3.88% -2.89% to 4.88%
Saturday 0.32% 2.67% -2.36% to 2.99%
 

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.