Lambda (LAMB)

Current price: $ 0.02

24 hours price change: - (-)

Daily analysis of Lambda (LAMB) - all

The performance of Lambda regarding the price differs every day. To make the best decision to buy Lambda, we are analysis in this article the performance of Lambda on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on June 11th, 2019 to August 7th, 2020.

In the barchart below, the weekdays and average performance of Lambda are shown side by side.

Average daily change in price of Lambda per weekday between 06/11/2019 and 08/07/2020.

According to the performance of Lambda between June 11th, 2019 and August 7th, 2020, Lambda performed the best on Saturdays. On average, the price of Lambda increased 1.76% on Saturday.

The weekday on which the Lambda performed the worst, is Wednesday. On Wednesdays, the Lambda declined in value on average by -0.52%.

Lambda weekday performance

Lambda increased in value on an average Sunday only slightly. The average increase in value of the Lambda was 0.22%. Allthough the Lambda closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.89%). This means that on 68 percent of the Sundays, the change in price of the Lambda is expected to be in the range of -4.67% and 5.11%.

On an average Monday, the Lambda increased 0.34%. However, since the expected deviation is 4.91%, the Lambda will decline in value on a Monday quiet regularly. The expected price change of the Lambda on a Monday is between -4.57% and 5.25%.

Allthough the Lambda decreases in value with -0.34% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Lambda on Tuesdays is 3.66%. This means that the expected change of the value of Lambda is between -4.00% and 3.33% on 68 out of 100 Tuesdays.

Allthough the Lambda decreases in value with -0.52% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Lambda on Wednesdays is 3.28%. This means that the expected change of the value of Lambda is between -3.81% and 2.76% on 68 out of 100 Wednesdays.

Lambda increased in value on an average Thursday only slightly. The average increase in value of the Lambda was 0.13%. Allthough the Lambda closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.18%). This means that on 68 percent of the Thursdays, the change in price of the Lambda is expected to be in the range of -2.06% and 2.31%.

Lambda increased in value on an average Friday only slightly. The average increase in value of the Lambda was 0.28%. Allthough the Lambda closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.71%). This means that on 68 percent of the Fridays, the change in price of the Lambda is expected to be in the range of -2.43% and 2.98%.

On an average Saturday the Lambda shows an increase in value of 1.76%. However, the change of Lambda on most of the Saturdays is between -6.59% and 10.12%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Lambdas.

Lambda weekday performance details

Find below the details of the performance of Lambda 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 0.22% 4.89% -4.67% to 5.11%
Monday 0.34% 4.91% -4.57% to 5.25%
Tuesday -0.34% 3.66% -4.00% to 3.33%
Wednesday -0.52% 3.28% -3.81% to 2.76%
Thursday 0.13% 2.18% -2.06% to 2.31%
Friday 0.28% 2.71% -2.43% to 2.98%
Saturday 1.76% 8.35% -6.59% to 10.12%
 

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