Beam (BEAM)

Current price: $ 0.48

24 hours price change: $ -0.02 (-3.25%)

Daily analysis of Beam (BEAM) - 6 months

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 6 months, starting on January 29th, 2021 to July 29th, 2021.

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 01/29/2021 and 07/29/2021.

According to the performance of Beam between January 29th, 2021 and July 29th, 2021, Beam performed the best on Tuesdays. On average, the price of Beam increased 1.21% on Tuesday.

The weekday on which the Beam performed the worst, is Wednesday. On Wednesdays, the Beam declined in value on average by -0.88%.

Beam weekday performance

Historical performance on Sunday do not show an increase in value of the Beam on which a prediction can be made. The Beam increased in value on average on an average Sunday with 0.70%. However, the uncertainty of this increase is high. The expected change in value of the Beam on a Sunday is between -3.76% and 5.16% (see also the table below).

On an average Monday the Beam shows an increase in value of 1.01%. However, the change of Beam on most of the Mondays is between -3.30% and 5.31%. Therefore it is hard to tell whether an average Monday is a good day to start buying Beams.

On an average Tuesday the Beam shows an increase in value of 1.21%. However, the change of Beam on most of the Tuesdays is between -3.37% and 5.78%. 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 -0.88%. On most of the Wednesdays the Beam decreases in value between -3.79% and 2.03%. The uncertainty (2.91%) is higher than the average decline percentage (-0.88%). Therefore, expected range of price changes of the Beam on Wednesdays is large.

On an average Thursday, the Beam increased 0.35%. However, since the expected deviation is 1.47%, the Beam will decline in value on a Thursday quiet regularly. The expected price change of the Beam on a Thursday is between -1.12% and 1.82%.

Historical performance on Friday do not show an increase in value of the Beam on which a prediction can be made. The Beam increased in value on average on an average Friday with 0.60%. However, the uncertainty of this increase is high. The expected change in value of the Beam on a Friday is between -4.78% and 5.98% (see also the table below).

Historical performance on Saturday do not show an increase in value of the Beam on which a prediction can be made. The Beam increased in value on average on an average Saturday with 0.61%. However, the uncertainty of this increase is high. The expected change in value of the Beam on a Saturday is between -3.80% and 5.02% (see also the table below).

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 0.70% 4.46% -3.76% to 5.16%
Monday 1.01% 4.30% -3.30% to 5.31%
Tuesday 1.21% 4.57% -3.37% to 5.78%
Wednesday -0.88% 2.91% -3.79% to 2.03%
Thursday 0.35% 1.47% -1.12% to 1.82%
Friday 0.60% 5.38% -4.78% to 5.98%
Saturday 0.61% 4.41% -3.80% to 5.02%
 

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.