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 November 7th, 2022 to December 7th, 2022.
In the barchart below, the weekdays and average performance of FunFair are shown side by side.
According to the performance of FunFair between November 7th, 2022 and December 7th, 2022, FunFair performed the best on Thursdays. On average, the price of FunFair increased 0.94% on Thursday.
The weekday on which the FunFair performed the worst, is Monday. On Mondays, the FunFair declined in value on average by -0.79%.
FunFair weekday performance
FunFair increased in value on an average Sunday only slightly. The average increase in value of the FunFair was 0.04%. Allthough the FunFair closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.22%). This means that on 68 percent of the Sundays, the change in price of the FunFair is expected to be in the range of -0.19% and 0.26%.
On Mondays, the FunFair decreases in value on average with -0.79%. On most of the Mondays the FunFair decreases in value between -1.80% and 0.21%. The uncertainty (1.01%) is higher than the average decline percentage (-0.79%). Therefore, expected range of price changes of the FunFair on Mondays is large.
The FunFair will almost not change or only slightly increase in value on an average Tuesday. The average change of the FunFair on Tuesdays is 0.29%. The standard deviation of the FunFair is 0.26%, which means that in 68% of the Tuesdays, the range of the change of the FunFair is 0.03% and 0.55%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.
It is hard to tell whether the FunFair will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the FunFair is -0.07%. However, the standard deviation on this weekday is 1.06%. This means that on most Wednesdays, the change in value of the FunFair is between -1.14% and 0.99%.
Historical performance on Thursday do not show an increase in value of the FunFair on which a prediction can be made. The FunFair increased in value on average on an average Thursday with 0.94%. However, the uncertainty of this increase is high. The expected change in value of the FunFair on a Thursday is between -0.44% and 2.32% (see also the table below).
The average increase of the FunFair on an average Friday is 0.33%. This is a small increase, however, the expected change of the FunFair in 95% of the Fridays is -0.24% and 0.89%. This means that only on 2.5% (or slightly over 1 Friday per year) the expected change of the FunFair is below -0.24%. On the other hand, you would not have to expect that the change on a single Friday will be above 0.89%. This will also only happen on 2.5% of the Fridays. On 68% of the Fridays, the increase of the FunFair will be in the range of 0.04% and 0.61%.
FunFair increased in value on an average Saturday only slightly. The average increase in value of the FunFair was 0.28%. Allthough the FunFair closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.35%). This means that on 68 percent of the Saturdays, the change in price of the FunFair is expected to be in the range of -0.07% and 0.63%.
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||0.04%||0.22%||-0.19% to 0.26%|
|Monday||-0.79%||1.01%||-1.80% to 0.21%|
|Tuesday||0.29%||0.26%||0.03% to 0.55%|
|Wednesday||-0.07%||1.06%||-1.14% to 0.99%|
|Thursday||0.94%||1.38%||-0.44% to 2.32%|
|Friday||0.33%||0.28%||0.04% to 0.61%|
|Saturday||0.28%||0.35%||-0.07% to 0.63%|