Crypto.com Chain (CRO)

Current price: $ 0.16

24 hours price change: $ -0.03 (-15.54%)

Daily analysis of Crypto.com Chain (CRO) - 1 month

The performance of Crypto.com Chain regarding the price differs every day. To make the best decision to buy Crypto.com Chain, we are analysis in this article the performance of Crypto.com Chain on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on March 23rd, 2021 to April 23rd, 2021.

In the barchart below, the weekdays and average performance of Crypto.com Chain are shown side by side.

Average daily change in price of Crypto.com Chain per weekday between 03/23/2021 and 04/23/2021.

According to the performance of Crypto.com Chain between March 23rd, 2021 and April 23rd, 2021, Crypto.com Chain performed the best on Mondays. On average, the price of Crypto.com Chain increased 1.83% on Monday.

The weekday on which the Crypto.com Chain performed the worst, is Thursday. On Thursdays, the Crypto.com Chain declined in value on average by -1.18%.

Crypto.com Chain weekday performance

Allthough the Crypto.com Chain decreases in value with -0.46% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Crypto.com Chain on Sundays is 0.79%. This means that the expected change of the value of Crypto.com Chain is between -1.25% and 0.34% on 68 out of 100 Sundays.

On an average Monday the Crypto.com Chain shows an increase in value of 1.83%. However, the change of Crypto.com Chain on most of the Mondays is between -1.34% and 4.99%. Therefore it is hard to tell whether an average Monday is a good day to start buying Crypto.com Chains.

The Crypto.com Chain will almost not change or only slightly increase in value on an average Tuesday. The average change of the Crypto.com Chain on Tuesdays is 0.25%. The standard deviation of the Crypto.com Chain is 0.21%, which means that in 68% of the Tuesdays, the range of the change of the Crypto.com Chain is 0.04% and 0.47%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

On Wednesdays, the Crypto.com Chain decreases in value on average with -0.60%. On most of the Wednesdays the Crypto.com Chain decreases in value between -1.79% and 0.58%. The uncertainty (1.18%) is higher than the average decline percentage (-0.60%). Therefore, expected range of price changes of the Crypto.com Chain on Wednesdays is large.

The Crypto.com Chain declines in value on an average Thursday with -1.18%. However, the uncertainty (or standard deviation) is quite large, namely 2.29%. This means that it is not possible to say whether on a regular Thursday the Crypto.com Chain will increase or decrease in value.

Historical performance on Friday do not show an increase in value of the Crypto.com Chain on which a prediction can be made. The Crypto.com Chain increased in value on average on an average Friday with 0.72%. However, the uncertainty of this increase is high. The expected change in value of the Crypto.com Chain on a Friday is between -0.79% and 2.23% (see also the table below).

Allthough the Crypto.com Chain decreases in value with -0.43% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Crypto.com Chain on Saturdays is 0.74%. This means that the expected change of the value of Crypto.com Chain is between -1.16% and 0.31% on 68 out of 100 Saturdays.

Crypto.com Chain weekday performance details

Find below the details of the performance of Crypto.com Chain 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 -0.46% 0.79% -1.25% to 0.34%
Monday 1.83% 3.16% -1.34% to 4.99%
Tuesday 0.25% 0.21% 0.04% to 0.47%
Wednesday -0.60% 1.18% -1.79% to 0.58%
Thursday -1.18% 2.29% -3.47% to 1.11%
Friday 0.72% 1.51% -0.79% to 2.23%
Saturday -0.43% 0.74% -1.16% to 0.31%
 

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