Binance Coin (BNB)

Current price: $ 4.84

24 hours price change: $ -0.05 (-0.96%)

Daily analysis of Binance Coin (BNB) - 1 year

The performance of Binance Coin regarding the price differs every day. To make the best decision to buy Binance Coin, we are analysis in this article the performance of Binance Coin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 year, starting on December 9th, 2017 to December 8th, 2018.

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

Average daily change in price of Binance Coin per weekday between 12/09/2017 and 12/08/2018.

According to the performance of Binance Coin between December 9th, 2017 and December 8th, 2018, Binance Coin performed the best on Fridays. On average, the price of Binance Coin increased inf% on Friday.

The weekday on which the Binance Coin performed the worst, is Wednesday. On Wednesdays, the Binance Coin rose in value on average by 0.37%. The price still increased on Wednesdays, allthough it was the smallest increase of all days on average.

Binance Coin weekday performance

On an average Sunday the Binance Coin shows an increase in value of 1.39%. However, the change of Binance Coin on most of the Sundays is between -6.88% and 9.67%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Binance Coins.

On an average Monday, the Binance Coin increased 0.38%. However, since the expected deviation is 4.98%, the Binance Coin will decline in value on a Monday quiet regularly. The expected price change of the Binance Coin on a Monday is between -4.60% and 5.37%.

On an average Tuesday the Binance Coin shows an increase in value of 1.04%. However, the change of Binance Coin on most of the Tuesdays is between -2.28% and 4.36%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Binance Coins.

On an average Wednesday, the Binance Coin increased 0.37%. However, since the expected deviation is 5.98%, the Binance Coin will decline in value on a Wednesday quiet regularly. The expected price change of the Binance Coin on a Wednesday is between -5.61% and 6.35%.

On an average Thursday the Binance Coin shows an increase in value of 1.51%. However, the change of Binance Coin on most of the Thursdays is between -5.58% and 8.60%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Binance Coins.

On Fridays, the average increase of the value of the Binance Coin is very high. The average increase is inf%. The standard deviation of the Binance Coin on Fridays is nan%. This means that on 68% of the Fridays, the Binance Coin increases between nan% and nan%. The uncertainty is therefore not very high, since on most Fridays, the value of the Binance Coin will increase.

On an average Saturday, the Binance Coin increased 0.51%. However, since the expected deviation is 5.21%, the Binance Coin will decline in value on a Saturday quiet regularly. The expected price change of the Binance Coin on a Saturday is between -4.70% and 5.72%.

Binance Coin weekday performance details

Find below the details of the performance of Binance Coin 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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday1.39%8.28%-6.88% to 9.67%
Monday0.38%4.98%-4.60% to 5.37%
Tuesday1.04%3.32%-2.28% to 4.36%
Wednesday0.37%5.98%-5.61% to 6.35%
Thursday1.51%7.09%-5.58% to 8.60%
Fridayinf%nan%nan% to nan%
Saturday0.51%5.21%-4.70% to 5.72%