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 6 months, starting on January 21st, 2019 to July 21st, 2019.
In the barchart below, the weekdays and average performance of Chainlink are shown side by side.
Average daily change in price of Chainlink per weekday between 01/21/2019 and 07/21/2019.
According to the performance of Chainlink between January 21st, 2019 and July 21st, 2019, Chainlink performed the best on Fridays. On average, the price of Chainlink increased 0.76% on Friday.
The weekday on which the Chainlink performed the worst, is Saturday. On Saturdays, the Chainlink declined in value on average by -0.49%.
Chainlink weekday performance
Historical performance on Sunday do not show an increase in value of the Chainlink on which a prediction can be made. The Chainlink increased in value on average on an average Sunday with 0.67%. However, the uncertainty of this increase is high. The expected change in value of the Chainlink on a Sunday is between -2.76% and 4.10% (see also the table below).
Chainlink increased in value on an average Monday only slightly. The average increase in value of the Chainlink was 0.14%. 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 (3.70%). This means that on 68 percent of the Mondays, the change in price of the Chainlink is expected to be in the range of -3.56% and 3.83%.
Chainlink increased in value on an average Tuesday only slightly. The average increase in value of the Chainlink was 0.12%. 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 (3.47%). This means that on 68 percent of the Tuesdays, the change in price of the Chainlink is expected to be in the range of -3.35% and 3.58%.
On an average Wednesday, the Chainlink increased 0.43%. However, since the expected deviation is 2.74%, the Chainlink will decline in value on a Wednesday quiet regularly. The expected price change of the Chainlink on a Wednesday is between -2.31% and 3.17%.
It is hard to tell whether the Chainlink will increase or decrease in value on an average Thursday. The average change on a Thursday for the Chainlink is -0.04%. However, the standard deviation on this weekday is 2.56%. This means that on most Thursdays, the change in value of the Chainlink is between -2.60% and 2.53%.
Historical performance on Friday do not show an increase in value of the Chainlink on which a prediction can be made. The Chainlink increased in value on average on an average Friday with 0.76%. However, the uncertainty of this increase is high. The expected change in value of the Chainlink on a Friday is between -4.97% and 6.49% (see also the table below).
Allthough the Chainlink decreases in value with -0.49% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Chainlink on Saturdays is 2.29%. This means that the expected change of the value of Chainlink is between -2.77% and 1.80% on 68 out of 100 Saturdays.
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 | 0.67% | 3.43% | -2.76% to 4.10% |
| Monday | 0.14% | 3.70% | -3.56% to 3.83% |
| Tuesday | 0.12% | 3.47% | -3.35% to 3.58% |
| Wednesday | 0.43% | 2.74% | -2.31% to 3.17% |
| Thursday | -0.04% | 2.56% | -2.60% to 2.53% |
| Friday | 0.76% | 5.73% | -4.97% to 6.49% |
| Saturday | -0.49% | 2.29% | -2.77% to 1.80% |