The performance of Civic regarding the price differs every day. To make the best decision to buy Civic, we are analysis in this article the performance of Civic on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on November 10th, 2022 to December 10th, 2022.
In the barchart below, the weekdays and average performance of Civic are shown side by side.
According to the performance of Civic between November 10th, 2022 and December 10th, 2022, Civic performed the best on Thursdays. On average, the price of Civic increased 1.32% on Thursday.
The weekday on which the Civic performed the worst, is Monday. On Mondays, the Civic declined in value on average by -1.57%.
Civic weekday performance
Historical performance on Sunday do not show an increase in value of the Civic on which a prediction can be made. The Civic increased in value on average on an average Sunday with 0.68%. However, the uncertainty of this increase is high. The expected change in value of the Civic on a Sunday is between -0.18% and 1.53% (see also the table below).
The Civic declines in value on an average Monday with -1.57%. However, the uncertainty (or standard deviation) is quite large, namely 1.40%. This means that it is not possible to say whether on a regular Monday the Civic will increase or decrease in value.
Allthough the Civic decreases in value with -0.40% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Civic on Tuesdays is 1.31%. This means that the expected change of the value of Civic is between -1.71% and 0.91% on 68 out of 100 Tuesdays.
Historical performance on Wednesday do not show an increase in value of the Civic on which a prediction can be made. The Civic increased in value on average on an average Wednesday with 0.60%. However, the uncertainty of this increase is high. The expected change in value of the Civic on a Wednesday is between -0.26% and 1.47% (see also the table below).
On an average Thursday the Civic shows an increase in value of 1.32%. However, the change of Civic on most of the Thursdays is between -0.51% and 3.15%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Civics.
On an average Friday, the Civic increased 0.39%. However, since the expected deviation is 1.30%, the Civic will decline in value on a Friday quiet regularly. The expected price change of the Civic on a Friday is between -0.91% and 1.69%.
Civic increased in value on an average Saturday only slightly. The average increase in value of the Civic was 0.07%. Allthough the Civic closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.57%). This means that on 68 percent of the Saturdays, the change in price of the Civic is expected to be in the range of -0.50% and 0.64%.
Civic weekday performance details
Find below the details of the performance of Civic 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||0.68%||0.86%||-0.18% to 1.53%|
|Monday||-1.57%||1.40%||-2.97% to -0.16%|
|Tuesday||-0.40%||1.31%||-1.71% to 0.91%|
|Wednesday||0.60%||0.86%||-0.26% to 1.47%|
|Thursday||1.32%||1.83%||-0.51% to 3.15%|
|Friday||0.39%||1.30%||-0.91% to 1.69%|
|Saturday||0.07%||0.57%||-0.50% to 0.64%|