Binance Coin (BNB)

Current price: $ 9.72

24 hours price change: $ -0.49 (-4.78%)

Daily analysis of Binance Coin (BNB) - 6 months

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 6 months, starting on August 18th, 2018 to February 17th, 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 08/18/2018 and 02/17/2019.

According to the performance of Binance Coin between August 18th, 2018 and February 17th, 2019, Binance Coin performed the best on Sundays. On average, the price of Binance Coin increased 0.20% on Sunday.

The weekday on which the Binance Coin performed the worst, is Wednesday. On Wednesdays, the Binance Coin declined in value on average by -0.91%.

Binance Coin weekday performance

Binance Coin increased in value on an average Sunday only slightly. The average increase in value of the Binance Coin was 0.20%. 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 (0.59%). This means that on 68 percent of the Sundays, the change in price of the Binance Coin is expected to be in the range of -0.39% and 0.78%.

Binance Coin increased in value on an average Monday only slightly. The average increase in value of the Binance Coin was 0.04%. 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 (1.26%). 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 -1.21% and 1.30%.

Binance Coin increased in value on an average Tuesday only slightly. The average increase in value of the Binance Coin was 0.04%. 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 (0.63%). This means that on 68 percent of the Tuesdays, the change in price of the Binance Coin is expected to be in the range of -0.59% and 0.67%.

On Wednesdays, the Binance Coin decreases in value on average with -0.91%. On most of the Wednesdays the Binance Coin decreases in value between -3.25% and 1.43%. The uncertainty (2.34%) is higher than the average decline percentage (-0.91%). Therefore, expected range of price changes of the Binance Coin on Wednesdays is large.

It is hard to tell whether the Binance Coin will increase or decrease in value on an average Thursday. The average change on a Thursday for the Binance Coin is -0.10%. However, the standard deviation on this weekday is 1.01%. This means that on most Thursdays, the change in value of the Binance Coin is between -1.11% and 0.91%.

It is hard to tell whether the Binance Coin will increase or decrease in value on an average Friday. The average change on a Friday for the Binance Coin is -0.27%. However, the standard deviation on this weekday is 0.95%. This means that on most Fridays, the change in value of the Binance Coin is between -1.23% and 0.68%.

Binance Coin increased in value on an average Saturday only slightly. The average increase in value of the Binance Coin was 0.02%. 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 (0.41%). 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 -0.39% and 0.42%.

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
Sunday0.20%0.59%-0.39% to 0.78%
Monday0.04%1.26%-1.21% to 1.30%
Tuesday0.04%0.63%-0.59% to 0.67%
Wednesday-0.91%2.34%-3.25% to 1.43%
Thursday-0.10%1.01%-1.11% to 0.91%
Friday-0.27%0.95%-1.23% to 0.68%
Saturday0.02%0.41%-0.39% to 0.42%