Clipper Coin (CCCX)

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Daily analysis of Clipper Coin (CCCX) - 6 months

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 6 months, starting on August 26th, 2020 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 08/26/2020 and 02/25/2021.

According to the performance of Clipper Coin between August 26th, 2020 and February 25th, 2021, Clipper Coin performed the best on Thursdays. On average, the price of Clipper Coin increased 0.69% on Thursday.

The weekday on which the Clipper Coin performed the worst, is Wednesday. On Wednesdays, the Clipper Coin declined in value on average by -0.59%.

Clipper Coin weekday performance

It is hard to tell whether the Clipper Coin will increase or decrease in value on an average Sunday. The average change on a Sunday for the Clipper Coin is -0.13%. However, the standard deviation on this weekday is 1.60%. This means that on most Sundays, the change in value of the Clipper Coin is between -1.73% and 1.47%.

On an average Monday, the Clipper Coin increased 0.42%. However, since the expected deviation is 2.37%, the Clipper Coin will decline in value on a Monday quiet regularly. The expected price change of the Clipper Coin on a Monday is between -1.95% and 2.79%.

Allthough the Clipper Coin decreases in value with -0.34% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Clipper Coin on Tuesdays is 2.24%. This means that the expected change of the value of Clipper Coin is between -2.58% and 1.89% on 68 out of 100 Tuesdays.

Allthough the Clipper Coin decreases in value with -0.59% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Clipper Coin on Wednesdays is 4.01%. This means that the expected change of the value of Clipper Coin is between -4.60% and 3.42% on 68 out of 100 Wednesdays.

Historical performance on Thursday do not show an increase in value of the Clipper Coin on which a prediction can be made. The Clipper Coin increased in value on average on an average Thursday with 0.69%. However, the uncertainty of this increase is high. The expected change in value of the Clipper Coin on a Thursday is between -1.66% and 3.04% (see also the table below).

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 (0.90%). 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 -0.74% and 1.06%.

On an average Saturday, the Clipper Coin increased 0.39%. However, since the expected deviation is 2.78%, the Clipper Coin will decline in value on a Saturday quiet regularly. The expected price change of the Clipper Coin on a Saturday is between -2.40% and 3.17%.

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 -0.13% 1.60% -1.73% to 1.47%
Monday 0.42% 2.37% -1.95% to 2.79%
Tuesday -0.34% 2.24% -2.58% to 1.89%
Wednesday -0.59% 4.01% -4.60% to 3.42%
Thursday 0.69% 2.35% -1.66% to 3.04%
Friday 0.16% 0.90% -0.74% to 1.06%
Saturday 0.39% 2.78% -2.40% to 3.17%
 

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