Civic (CVC)

Current price: $ 0.02

24 hours price change: $ -0.000251 (-1.15%)

Daily analysis of Civic (CVC) - 1 month

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 December 25th, 2019 to January 24th, 2020.

In the barchart below, the weekdays and average performance of Civic are shown side by side.

Average daily change in price of Civic per weekday between 12/25/2019 and 01/24/2020.

According to the performance of Civic between December 25th, 2019 and January 24th, 2020, Civic performed the best on Saturdays. On average, the price of Civic increased 1.87% on Saturday.

The weekday on which the Civic performed the worst, is Sunday. On Sundays, the Civic declined in value on average by -1.04%.

Civic weekday performance

The Civic declines in value on an average Sunday with -1.04%. However, the uncertainty (or standard deviation) is quite large, namely 0.78%. This means that it is not possible to say whether on a regular Sunday the Civic will increase or decrease in value.

On Mondays, the Civic decreases in value on average with -0.94%. On most of the Mondays the Civic decreases in value between -2.38% and 0.50%. The uncertainty (1.44%) is higher than the average decline percentage (-0.94%). Therefore, expected range of price changes of the Civic on Mondays is large.

It is hard to tell whether the Civic will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Civic is -0.19%. However, the standard deviation on this weekday is 1.25%. This means that on most Tuesdays, the change in value of the Civic is between -1.44% and 1.06%.

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 0.67%. However, the uncertainty of this increase is high. The expected change in value of the Civic on a Wednesday is between -0.54% and 1.89% (see also the table below).

Allthough the Civic decreases in value with -0.39% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Civic on Thursdays is 0.78%. This means that the expected change of the value of Civic is between -1.17% and 0.39% on 68 out of 100 Thursdays.

It is hard to tell whether the Civic will increase or decrease in value on an average Friday. The average change on a Friday for the Civic is -0.24%. However, the standard deviation on this weekday is 1.00%. This means that on most Fridays, the change in value of the Civic is between -1.24% and 0.76%.

On an average Saturday the Civic shows an increase in value of 1.87%. However, the change of Civic on most of the Saturdays is between -0.28% and 4.02%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Civics.

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 -1.04% 0.78% -1.82% to -0.26%
Monday -0.94% 1.44% -2.38% to 0.50%
Tuesday -0.19% 1.25% -1.44% to 1.06%
Wednesday 0.67% 1.21% -0.54% to 1.89%
Thursday -0.39% 0.78% -1.17% to 0.39%
Friday -0.24% 1.00% -1.24% to 0.76%
Saturday 1.87% 2.15% -0.28% to 4.02%
 

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