Binance Coin (BNB)

Current price: $ 11.16

24 hours price change: $ 1.43 (14.70%)

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 February 20th, 2018 to February 19th, 2019.

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 02/20/2018 and 02/19/2019.

According to the performance of Binance Coin between February 20th, 2018 and February 19th, 2019, 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 declined in value on average by -0.75%.

Binance Coin weekday performance

On an average Sunday the Binance Coin shows an increase in value of 1.23%. However, the change of Binance Coin on most of the Sundays is between -6.29% and 8.75%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Binance Coins.

Binance Coin increased in value on an average Monday only slightly. The average increase in value of the Binance Coin was 0.06%. Allthough the Binance Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.56%). This means that on 68 percent of the Mondays, the change in price of the Binance Coin is expected to be in the range of -2.50% and 2.63%.

Historical performance on Tuesday do not show an increase in value of the Binance Coin on which a prediction can be made. The Binance Coin increased in value on average on an average Tuesday with 0.66%. However, the uncertainty of this increase is high. The expected change in value of the Binance Coin on a Tuesday is between -1.79% and 3.11% (see also the table below).

On Wednesdays, the Binance Coin decreases in value on average with -0.75%. On most of the Wednesdays the Binance Coin decreases in value between -3.69% and 2.19%. The uncertainty (2.94%) is higher than the average decline percentage (-0.75%). Therefore, expected range of price changes of the Binance Coin on Wednesdays is large.

Binance Coin increased in value on an average Thursday only slightly. The average increase in value of the Binance Coin was 0.13%. Allthough the Binance Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.29%). This means that on 68 percent of the Thursdays, the change in price of the Binance Coin is expected to be in the range of -1.17% and 1.42%.

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.

Binance Coin increased in value on an average Saturday only slightly. The average increase in value of the Binance Coin was 0.27%. Allthough the Binance Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.11%). This means that on 68 percent of the Saturdays, the change in price of the Binance Coin is expected to be in the range of -0.84% and 1.37%.

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
Sunday1.23%7.52%-6.29% to 8.75%
Monday0.06%2.56%-2.50% to 2.63%
Tuesday0.66%2.45%-1.79% to 3.11%
Wednesday-0.75%2.94%-3.69% to 2.19%
Thursday0.13%1.29%-1.17% to 1.42%
Fridayinf%nan%nan% to nan%
Saturday0.27%1.11%-0.84% to 1.37%