The performance of GAPS regarding the price differs every day. To make the best decision to buy GAPS, we are analysis in this article the performance of GAPS on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on January 28th, 2015 to September 28th, 2020.
In the barchart below, the weekdays and average performance of GAPS are shown side by side.
According to the performance of GAPS between January 28th, 2015 and September 28th, 2020, GAPS performed the best on Thursdays. On average, the price of GAPS increased 5.22% on Thursday.
The weekday on which the GAPS performed the worst, is Tuesday. On Tuesdays, the GAPS rose in value on average by 0.73%. The price still increased on Tuesdays, allthough it was the smallest increase of all days on average.
GAPS weekday performance
On an average Sunday the GAPS shows an increase in value of 2.80%. However, the change of GAPS on most of the Sundays is between -21.03% and 26.63%. Therefore it is hard to tell whether an average Sunday is a good day to start buying GAPSs.
Historical performance on Monday do not show an increase in value of the GAPS on which a prediction can be made. The GAPS increased in value on average on an average Monday with 0.88%. However, the uncertainty of this increase is high. The expected change in value of the GAPS on a Monday is between -9.39% and 11.15% (see also the table below).
Historical performance on Tuesday do not show an increase in value of the GAPS on which a prediction can be made. The GAPS increased in value on average on an average Tuesday with 0.73%. However, the uncertainty of this increase is high. The expected change in value of the GAPS on a Tuesday is between -9.99% and 11.44% (see also the table below).
On an average Wednesday the GAPS shows an increase in value of 2.21%. However, the change of GAPS on most of the Wednesdays is between -10.66% and 15.09%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying GAPSs.
The increase in value of the GAPS is 5.22% on an average Thursday. However, the uncertainty on the average change is high for the GAPS on Thursdays. This is the reason why an expected increase of the GAPS on an average Thursday cannot be predicted. The standard deviation for GAPS on Thursdays is high, namely 27.87%. This means that the expected range of value change for the GAPS is -22.65% and 33.09% on 68% of the Thursdays.
The increase in value of the GAPS is 3.56% on an average Friday. However, the uncertainty on the average change is high for the GAPS on Fridays. This is the reason why an expected increase of the GAPS on an average Friday cannot be predicted. The standard deviation for GAPS on Fridays is high, namely 15.58%. This means that the expected range of value change for the GAPS is -12.02% and 19.14% on 68% of the Fridays.
On an average Saturday the GAPS shows an increase in value of 1.39%. However, the change of GAPS on most of the Saturdays is between -11.55% and 14.34%. Therefore it is hard to tell whether an average Saturday is a good day to start buying GAPSs.
GAPS weekday performance details
Find below the details of the performance of GAPS 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 | 2.80% | 23.83% | -21.03% to 26.63% |
| Monday | 0.88% | 10.27% | -9.39% to 11.15% |
| Tuesday | 0.73% | 10.71% | -9.99% to 11.44% |
| Wednesday | 2.21% | 12.88% | -10.66% to 15.09% |
| Thursday | 5.22% | 27.87% | -22.65% to 33.09% |
| Friday | 3.56% | 15.58% | -12.02% to 19.14% |
| Saturday | 1.39% | 12.95% | -11.55% to 14.34% |