Beam (BEAM)

Current price: $ 0.76

24 hours price change: $ 0.02 (2.93%)

Daily analysis of Beam (BEAM) - all

The performance of Beam regarding the price differs every day. To make the best decision to buy Beam, we are analysis in this article the performance of Beam on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on March 11th, 2019 to October 14th, 2019.

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

Average daily change in price of Beam per weekday between 03/11/2019 and 10/14/2019.

According to the performance of Beam between March 11th, 2019 and October 14th, 2019, Beam performed the best on Saturdays. On average, the price of Beam increased 2.85% on Saturday.

The weekday on which the Beam performed the worst, is Monday. On Mondays, the Beam declined in value on average by -1.33%.

Beam weekday performance

On an average Sunday the Beam shows an increase in value of 1.27%. However, the change of Beam on most of the Sundays is between -7.77% and 10.30%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Beams.

The Beam declines in value on an average Monday with -1.33%. However, the uncertainty (or standard deviation) is quite large, namely 5.08%. This means that it is not possible to say whether on a regular Monday the Beam will increase or decrease in value.

On an average Tuesday the Beam shows an increase in value of 1.47%. However, the change of Beam on most of the Tuesdays is between -4.92% and 7.87%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Beams.

On Wednesdays, the Beam decreases in value on average with -0.81%. On most of the Wednesdays the Beam decreases in value between -8.34% and 6.72%. The uncertainty (7.53%) is higher than the average decline percentage (-0.81%). Therefore, expected range of price changes of the Beam on Wednesdays is large.

Allthough the Beam decreases in value with -0.53% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Beam on Thursdays is 6.14%. This means that the expected change of the value of Beam is between -6.68% and 5.61% on 68 out of 100 Thursdays.

On an average Friday the Beam shows an increase in value of 1.55%. However, the change of Beam on most of the Fridays is between -7.15% and 10.25%. Therefore it is hard to tell whether an average Friday is a good day to start buying Beams.

On an average Saturday the Beam shows an increase in value of 2.85%. However, the change of Beam on most of the Saturdays is between -8.72% and 14.42%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Beams.

Beam weekday performance details

Find below the details of the performance of Beam 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 1.27% 9.03% -7.77% to 10.30%
Monday -1.33% 5.08% -6.41% to 3.74%
Tuesday 1.47% 6.40% -4.92% to 7.87%
Wednesday -0.81% 7.53% -8.34% to 6.72%
Thursday -0.53% 6.14% -6.68% to 5.61%
Friday 1.55% 8.70% -7.15% to 10.25%
Saturday 2.85% 11.57% -8.72% to 14.42%