Crypto.com Chain (CRO)

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

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 year, starting on June 28th, 2021 to June 28th, 2022.

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 06/28/2021 and 06/28/2022.

According to the performance of Crypto.com Chain between June 28th, 2021 and June 28th, 2022, Crypto.com Chain performed the best on Wednesdays. On average, the price of Crypto.com Chain increased 0.65% on Wednesday.

The weekday on which the Crypto.com Chain performed the worst, is Saturday. On Saturdays, the Crypto.com Chain declined in value on average by -0.22%.

Crypto.com Chain weekday performance

Crypto.com Chain increased in value on an average Sunday only slightly. The average increase in value of the Crypto.com Chain was 0.10%. Allthough the Crypto.com Chain closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.36%). This means that on 68 percent of the Sundays, the change in price of the Crypto.com Chain is expected to be in the range of -1.25% and 1.46%.

It is hard to tell whether the Crypto.com Chain will increase or decrease in value on an average Monday. The average change on a Monday for the Crypto.com Chain is -0.18%. However, the standard deviation on this weekday is 1.14%. This means that on most Mondays, the change in value of the Crypto.com Chain is between -1.32% and 0.96%.

It is hard to tell whether the Crypto.com Chain will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Crypto.com Chain is -0.07%. However, the standard deviation on this weekday is 1.54%. This means that on most Tuesdays, the change in value of the Crypto.com Chain is between -1.61% and 1.47%.

Historical performance on Wednesday 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 Wednesday with 0.65%. However, the uncertainty of this increase is high. The expected change in value of the Crypto.com Chain on a Wednesday is between -3.62% and 4.93% (see also the table below).

It is hard to tell whether the Crypto.com Chain will increase or decrease in value on an average Thursday. The average change on a Thursday for the Crypto.com Chain is -0.06%. However, the standard deviation on this weekday is 1.61%. This means that on most Thursdays, the change in value of the Crypto.com Chain is between -1.67% and 1.56%.

Crypto.com Chain increased in value on an average Friday only slightly. The average increase in value of the Crypto.com Chain was 0.17%. Allthough the Crypto.com Chain closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.74%). This means that on 68 percent of the Fridays, the change in price of the Crypto.com Chain is expected to be in the range of -2.57% and 2.91%.

It is hard to tell whether the Crypto.com Chain will increase or decrease in value on an average Saturday. The average change on a Saturday for the Crypto.com Chain is -0.22%. However, the standard deviation on this weekday is 1.46%. This means that on most Saturdays, the change in value of the Crypto.com Chain is between -1.68% and 1.24%.

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 0.10% 1.36% -1.25% to 1.46%
Monday -0.18% 1.14% -1.32% to 0.96%
Tuesday -0.07% 1.54% -1.61% to 1.47%
Wednesday 0.65% 4.27% -3.62% to 4.93%
Thursday -0.06% 1.61% -1.67% to 1.56%
Friday 0.17% 2.74% -2.57% to 2.91%
Saturday -0.22% 1.46% -1.68% to 1.24%
 

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