The performance of FunFair regarding the price differs every day. To make the best decision to buy FunFair, we are analysis in this article the performance of FunFair on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on February 20th, 2023 to March 20th, 2023.
In the barchart below, the weekdays and average performance of FunFair are shown side by side.
According to the performance of FunFair between February 20th, 2023 and March 20th, 2023, FunFair performed the best on Tuesdays. On average, the price of FunFair increased 0.34% on Tuesday.
The weekday on which the FunFair performed the worst, is Sunday. On Sundays, the FunFair declined in value on average by -1.66%.
FunFair weekday performance
The FunFair declines in value on an average Sunday with -1.66%. However, the uncertainty (or standard deviation) is quite large, namely 3.69%. This means that it is not possible to say whether on a regular Sunday the FunFair will increase or decrease in value.
It is hard to tell whether the FunFair will increase or decrease in value on an average Monday. The average change on a Monday for the FunFair is -0.09%. However, the standard deviation on this weekday is 0.39%. This means that on most Mondays, the change in value of the FunFair is between -0.49% and 0.30%.
The average increase of the FunFair on an average Tuesday is 0.34%. This is a small increase, however, the expected change of the FunFair in 95% of the Tuesdays is -0.01% and 0.69%. This means that only on 2.5% (or slightly over 1 Tuesday per year) the expected change of the FunFair is below -0.01%. On the other hand, you would not have to expect that the change on a single Tuesday will be above 0.69%. This will also only happen on 2.5% of the Tuesdays. On 68% of the Tuesdays, the increase of the FunFair will be in the range of 0.16% and 0.52%.
Allthough the FunFair decreases in value with -0.41% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of FunFair on Wednesdays is 0.47%. This means that the expected change of the value of FunFair is between -0.88% and 0.05% on 68 out of 100 Wednesdays.
It is hard to tell whether the FunFair will increase or decrease in value on an average Thursday. The average change on a Thursday for the FunFair is -0.24%. However, the standard deviation on this weekday is 0.40%. This means that on most Thursdays, the change in value of the FunFair is between -0.63% and 0.16%.
On Fridays, the FunFair decreases in value on average with -0.66%. On most of the Fridays the FunFair decreases in value between -1.18% and -0.14%. The uncertainty (0.52%) is higher than the average decline percentage (-0.66%). Therefore, expected range of price changes of the FunFair on Fridays is large.
It is hard to tell whether the FunFair will increase or decrease in value on an average Saturday. The average change on a Saturday for the FunFair is -0.02%. However, the standard deviation on this weekday is 0.15%. This means that on most Saturdays, the change in value of the FunFair is between -0.16% and 0.13%.
FunFair weekday performance details
Find below the details of the performance of FunFair 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||-1.66%||3.69%||-5.35% to 2.02%|
|Monday||-0.09%||0.39%||-0.49% to 0.30%|
|Tuesday||0.34%||0.18%||0.16% to 0.52%|
|Wednesday||-0.41%||0.47%||-0.88% to 0.05%|
|Thursday||-0.24%||0.40%||-0.63% to 0.16%|
|Friday||-0.66%||0.52%||-1.18% to -0.14%|
|Saturday||-0.02%||0.15%||-0.16% to 0.13%|