The performance of Insight Chain regarding the price differs every day. To make the best decision to buy Insight Chain, we are analysis in this article the performance of Insight Chain on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 year, starting on November 27th, 2020 to January 4th, 2021.
In the barchart below, the weekdays and average performance of Insight Chain are shown side by side.
According to the performance of Insight Chain between November 27th, 2020 and January 4th, 2021, Insight Chain performed the best on Tuesdays. On average, the price of Insight Chain increased 1.95% on Tuesday.
The weekday on which the Insight Chain performed the worst, is Sunday. On Sundays, the Insight Chain declined in value on average by -1.53%.
Insight Chain weekday performance
The Insight Chain declines in value on an average Sunday with -1.53%. However, the uncertainty (or standard deviation) is quite large, namely 2.46%. This means that it is not possible to say whether on a regular Sunday the Insight Chain will increase or decrease in value.
The expected range of change of the Insight Chain for an average Monday is between 0.13% and 1.57%. This is the result of an average increase in value of 0.85% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 year.
On an average Tuesday the Insight Chain shows an increase in value of 1.95%. However, the change of Insight Chain on most of the Tuesdays is between -1.34% and 5.25%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Insight Chains.
Historical performance on Wednesday do not show an increase in value of the Insight Chain on which a prediction can be made. The Insight Chain increased in value on average on an average Wednesday with 0.64%. However, the uncertainty of this increase is high. The expected change in value of the Insight Chain on a Wednesday is between -0.68% and 1.95% (see also the table below).
Insight Chain increased in value on an average Thursday only slightly. The average increase in value of the Insight Chain was 0.14%. Allthough the Insight Chain closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.65%). This means that on 68 percent of the Thursdays, the change in price of the Insight Chain is expected to be in the range of -2.51% and 2.78%.
The Insight Chain declines in value on an average Friday with -1.22%. However, the uncertainty (or standard deviation) is quite large, namely 4.26%. This means that it is not possible to say whether on a regular Friday the Insight Chain will increase or decrease in value.
It is hard to tell whether the Insight Chain will increase or decrease in value on an average Saturday. The average change on a Saturday for the Insight Chain is -0.20%. However, the standard deviation on this weekday is 1.64%. This means that on most Saturdays, the change in value of the Insight Chain is between -1.84% and 1.44%.
Insight Chain weekday performance details
Find below the details of the performance of Insight 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||-1.53%||2.46%||-4.00% to 0.93%|
|Monday||0.85%||0.72%||0.13% to 1.57%|
|Tuesday||1.95%||3.30%||-1.34% to 5.25%|
|Wednesday||0.64%||1.32%||-0.68% to 1.95%|
|Thursday||0.14%||2.65%||-2.51% to 2.78%|
|Friday||-1.22%||4.26%||-5.48% to 3.03%|
|Saturday||-0.20%||1.64%||-1.84% to 1.44%|