Clipper Coin (CCCX)

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Daily analysis of Clipper Coin (CCCX) - 1 month

The performance of Clipper Coin regarding the price differs every day. To make the best decision to buy Clipper Coin, we are analysis in this article the performance of Clipper Coin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on January 28th, 2021 to February 25th, 2021.

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

Average daily change in price of Clipper Coin per weekday between 01/28/2021 and 02/25/2021.

According to the performance of Clipper Coin between January 28th, 2021 and February 25th, 2021, Clipper Coin performed the best on Thursdays. On average, the price of Clipper Coin increased 1.47% on Thursday.

The weekday on which the Clipper Coin performed the worst, is Saturday. On Saturdays, the Clipper Coin declined in value on average by -1.80%.

Clipper Coin weekday performance

Allthough the Clipper Coin decreases in value with -0.56% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Clipper Coin on Sundays is 1.24%. This means that the expected change of the value of Clipper Coin is between -1.80% and 0.68% on 68 out of 100 Sundays.

The Clipper Coin declines in value on an average Monday with -1.41%. However, the uncertainty (or standard deviation) is quite large, namely 1.39%. This means that it is not possible to say whether on a regular Monday the Clipper Coin will increase or decrease in value.

On an average Tuesday, the Clipper Coin increased 0.41%. However, since the expected deviation is 0.70%, the Clipper Coin will decline in value on a Tuesday quiet regularly. The expected price change of the Clipper Coin on a Tuesday is between -0.29% and 1.10%.

Clipper Coin increased in value on an average Wednesday only slightly. The average increase in value of the Clipper Coin was 0.18%. Allthough the Clipper Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.03%). This means that on 68 percent of the Wednesdays, the change in price of the Clipper Coin is expected to be in the range of -0.85% and 1.21%.

On an average Thursday the Clipper Coin shows a high increase in value, namely 1.47%. The standard deviation is below the average increase percentage (standard deviation is 1.21%), meaning that on 68% of the Thursdays the Clipper Coin will increase with a percentage between 0.26% and 2.68%. This also means that, on average, on 16 percent of the Thursdays, the Clipper Coin will increase with a percentage above this range. On the other 16% of the Thursdays, the Clipper Coin will change with a percentage below the 0.26%.

Clipper Coin increased in value on an average Friday only slightly. The average increase in value of the Clipper Coin was 0.16%. Allthough the Clipper Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.48%). This means that on 68 percent of the Fridays, the change in price of the Clipper Coin is expected to be in the range of -0.32% and 0.64%.

The Clipper Coin declines in value on an average Saturday with -1.80%. However, the uncertainty (or standard deviation) is quite large, namely 1.82%. This means that it is not possible to say whether on a regular Saturday the Clipper Coin will increase or decrease in value.

Clipper Coin weekday performance details

Find below the details of the performance of Clipper Coin 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 -0.56% 1.24% -1.80% to 0.68%
Monday -1.41% 1.39% -2.80% to -0.02%
Tuesday 0.41% 0.70% -0.29% to 1.10%
Wednesday 0.18% 1.03% -0.85% to 1.21%
Thursday 1.47% 1.21% 0.26% to 2.68%
Friday 0.16% 0.48% -0.32% to 0.64%
Saturday -1.80% 1.82% -3.62% to 0.01%
 

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