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 July 17th, 2020 to January 16th, 2021.
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 07/17/2020 and 01/16/2021.
According to the performance of Chainlink between July 17th, 2020 and January 16th, 2021, Chainlink performed the best on Fridays. On average, the price of Chainlink increased 0.47% on Friday.
The weekday on which the Chainlink performed the worst, is Wednesday. On Wednesdays, the Chainlink declined in value on average by -0.21%.
Chainlink weekday performance
On an average Sunday, the Chainlink increased 0.35%. However, since the expected deviation is 1.48%, the Chainlink will decline in value on a Sunday quiet regularly. The expected price change of the Chainlink on a Sunday is between -1.13% and 1.83%.
It is hard to tell whether the Chainlink will increase or decrease in value on an average Monday. The average change on a Monday for the Chainlink is -0.11%. However, the standard deviation on this weekday is 2.08%. This means that on most Mondays, the change in value of the Chainlink is between -2.18% and 1.97%.
It is hard to tell whether the Chainlink will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Chainlink is -0.15%. However, the standard deviation on this weekday is 1.63%. This means that on most Tuesdays, the change in value of the Chainlink is between -1.78% and 1.48%.
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 -0.21%. However, the standard deviation on this weekday is 0.81%. This means that on most Wednesdays, the change in value of the Chainlink is between -1.02% and 0.59%.
Chainlink increased in value on an average Thursday only slightly. The average increase in value of the Chainlink was 0.02%. 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 (1.05%). This means that on 68 percent of the Thursdays, the change in price of the Chainlink is expected to be in the range of -1.03% and 1.07%.
On an average Friday, the Chainlink increased 0.47%. However, since the expected deviation is 1.49%, the Chainlink will decline in value on a Friday quiet regularly. The expected price change of the Chainlink on a Friday is between -1.02% and 1.96%.
Chainlink increased in value on an average Saturday only slightly. The average increase in value of the Chainlink was 0.15%. 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 (1.04%). This means that on 68 percent of the Saturdays, the change in price of the Chainlink is expected to be in the range of -0.89% and 1.20%.
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 | 0.35% | 1.48% | -1.13% to 1.83% |
| Monday | -0.11% | 2.08% | -2.18% to 1.97% |
| Tuesday | -0.15% | 1.63% | -1.78% to 1.48% |
| Wednesday | -0.21% | 0.81% | -1.02% to 0.59% |
| Thursday | 0.02% | 1.05% | -1.03% to 1.07% |
| Friday | 0.47% | 1.49% | -1.02% to 1.96% |
| Saturday | 0.15% | 1.04% | -0.89% to 1.20% |