Beam (BEAM)

Current price: $ 0.13

24 hours price change: $ -0.000759 (-0.57%)

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 December 27th, 2021 to June 27th, 2022.

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 12/27/2021 and 06/27/2022.

According to the performance of Beam between December 27th, 2021 and June 27th, 2022, Beam performed the best on Wednesdays. On average, the price of Beam increased 0.08% on Wednesday.

The weekday on which the Beam performed the worst, is Friday. On Fridays, the Beam declined in value on average by -0.73%.

Beam weekday performance

Allthough the Beam decreases in value with -0.44% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Beam on Sundays is 1.49%. This means that the expected change of the value of Beam is between -1.93% and 1.05% on 68 out of 100 Sundays.

Allthough the Beam decreases in value with -0.35% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Beam on Mondays is 0.88%. This means that the expected change of the value of Beam is between -1.23% and 0.54% on 68 out of 100 Mondays.

Beam increased in value on an average Tuesday only slightly. The average increase in value of the Beam was 0.03%. 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 (2.42%). This means that on 68 percent of the Tuesdays, the change in price of the Beam is expected to be in the range of -2.40% and 2.45%.

Beam increased in value on an average Wednesday only slightly. The average increase in value of the Beam was 0.08%. 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 (0.78%). This means that on 68 percent of the Wednesdays, the change in price of the Beam is expected to be in the range of -0.70% and 0.85%.

It is hard to tell whether the Beam will increase or decrease in value on an average Thursday. The average change on a Thursday for the Beam is -0.13%. However, the standard deviation on this weekday is 0.81%. This means that on most Thursdays, the change in value of the Beam is between -0.94% and 0.68%.

On Fridays, the Beam decreases in value on average with -0.73%. On most of the Fridays the Beam decreases in value between -2.46% and 1.00%. The uncertainty (1.73%) is higher than the average decline percentage (-0.73%). Therefore, expected range of price changes of the Beam on Fridays is large.

Allthough the Beam decreases in value with -0.31% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Beam on Saturdays is 1.70%. This means that the expected change of the value of Beam is between -2.00% and 1.39% on 68 out of 100 Saturdays.

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 -0.44% 1.49% -1.93% to 1.05%
Monday -0.35% 0.88% -1.23% to 0.54%
Tuesday 0.03% 2.42% -2.40% to 2.45%
Wednesday 0.08% 0.78% -0.70% to 0.85%
Thursday -0.13% 0.81% -0.94% to 0.68%
Friday -0.73% 1.73% -2.46% to 1.00%
Saturday -0.31% 1.70% -2.00% to 1.39%
 

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