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 1 month, starting on November 1st, 2022 to November 30th, 2022.
In the barchart below, the weekdays and average performance of Beam are shown side by side.
According to the performance of Beam between November 1st, 2022 and November 30th, 2022, Beam performed the best on Thursdays. On average, the price of Beam increased 1.13% on Thursday.
The weekday on which the Beam performed the worst, is Wednesday. On Wednesdays, the Beam declined in value on average by -0.52%.
Beam weekday performance
The expected range of change of the Beam for an average Sunday is between 0.35% and 1.03%. This is the result of an average increase in value of 0.69% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.
Beam increased in value on an average Monday only slightly. The average increase in value of the Beam was 0.17%. Allthough the Beam closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.92%). This means that on 68 percent of the Mondays, the change in price of the Beam is expected to be in the range of -1.75% and 2.08%.
Allthough the Beam decreases in value with -0.51% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Beam on Tuesdays is 0.59%. This means that the expected change of the value of Beam is between -1.11% and 0.08% on 68 out of 100 Tuesdays.
Allthough the Beam decreases in value with -0.52% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Beam on Wednesdays is 0.68%. This means that the expected change of the value of Beam is between -1.19% and 0.16% on 68 out of 100 Wednesdays.
On an average Thursday the Beam shows an increase in value of 1.13%. However, the change of Beam on most of the Thursdays is between -0.31% and 2.56%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Beams.
Beam increased in value on an average Friday only slightly. The average increase in value of the Beam was 0.18%. Allthough the Beam closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.56%). This means that on 68 percent of the Fridays, the change in price of the Beam is expected to be in the range of -0.38% and 0.74%.
It is hard to tell whether the Beam will increase or decrease in value on an average Saturday. The average change on a Saturday for the Beam is -0.10%. However, the standard deviation on this weekday is 1.02%. This means that on most Saturdays, the change in value of the Beam is between -1.12% and 0.92%.
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||0.69%||0.34%||0.35% to 1.03%|
|Monday||0.17%||1.92%||-1.75% to 2.08%|
|Tuesday||-0.51%||0.59%||-1.11% to 0.08%|
|Wednesday||-0.52%||0.68%||-1.19% to 0.16%|
|Thursday||1.13%||1.43%||-0.31% to 2.56%|
|Friday||0.18%||0.56%||-0.38% to 0.74%|
|Saturday||-0.10%||1.02%||-1.12% to 0.92%|