The performance of Chainlink regarding the price differs every day. To make the best decision to buy Chainlink, we are analysis in this article the performance of Chainlink on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on February 23rd, 2023 to March 23rd, 2023.
In the barchart below, the weekdays and average performance of Chainlink are shown side by side.
According to the performance of Chainlink between February 23rd, 2023 and March 23rd, 2023, Chainlink performed the best on Tuesdays. On average, the price of Chainlink increased 0.40% on Tuesday.
The weekday on which the Chainlink performed the worst, is Thursday. On Thursdays, the Chainlink declined in value on average by -0.44%.
Chainlink weekday performance
Chainlink increased in value on an average Sunday only slightly. The average increase in value of the Chainlink was 0.18%. Allthough the Chainlink closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.87%). This means that on 68 percent of the Sundays, the change in price of the Chainlink is expected to be in the range of -0.69% and 1.05%.
Chainlink increased in value on an average Monday only slightly. The average increase in value of the Chainlink was 0.20%. Allthough the Chainlink closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.84%). This means that on 68 percent of the Mondays, the change in price of the Chainlink is expected to be in the range of -0.64% and 1.05%.
On an average Tuesday, the Chainlink increased 0.40%. However, since the expected deviation is 0.97%, the Chainlink will decline in value on a Tuesday quiet regularly. The expected price change of the Chainlink on a Tuesday is between -0.56% and 1.37%.
It is hard to tell whether the Chainlink will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Chainlink is -0.06%. However, the standard deviation on this weekday is 0.25%. This means that on most Wednesdays, the change in value of the Chainlink is between -0.32% and 0.19%.
Allthough the Chainlink decreases in value with -0.44% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Chainlink on Thursdays is 0.22%. This means that the expected change of the value of Chainlink is between -0.66% and -0.22% on 68 out of 100 Thursdays.
Allthough the Chainlink decreases in value with -0.37% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Chainlink on Fridays is 0.47%. This means that the expected change of the value of Chainlink is between -0.84% and 0.11% on 68 out of 100 Fridays.
Chainlink increased in value on an average Saturday only slightly. The average increase in value of the Chainlink was 0.16%. Allthough the Chainlink 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 Saturdays, the change in price of the Chainlink is expected to be in the range of -0.43% and 0.75%.
Chainlink weekday performance details
Find below the details of the performance of Chainlink 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 | 0.18% | 0.87% | -0.69% to 1.05% |
| Monday | 0.20% | 0.84% | -0.64% to 1.05% |
| Tuesday | 0.40% | 0.97% | -0.56% to 1.37% |
| Wednesday | -0.06% | 0.25% | -0.32% to 0.19% |
| Thursday | -0.44% | 0.22% | -0.66% to -0.22% |
| Friday | -0.37% | 0.47% | -0.84% to 0.11% |
| Saturday | 0.16% | 0.59% | -0.43% to 0.75% |