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 1 month, starting on February 23rd, 2023 to March 23rd, 2023.
In the barchart below, the weekdays and average performance of Lambda are shown side by side.
According to the performance of Lambda between February 23rd, 2023 and March 23rd, 2023, Lambda performed the best on Saturdays. On average, the price of Lambda increased 3.31% on Saturday.
The weekday on which the Lambda performed the worst, is Friday. On Fridays, the Lambda declined in value on average by -0.44%.
Lambda weekday performance
On an average Sunday, the Lambda increased 0.36%. However, since the expected deviation is 0.36%, the Lambda will decline in value on a Sunday quiet regularly. The expected price change of the Lambda on a Sunday is between 0.00% and 0.72%.
On an average Monday, the Lambda increased 0.38%. However, since the expected deviation is 1.04%, the Lambda will decline in value on a Monday quiet regularly. The expected price change of the Lambda on a Monday is between -0.65% and 1.42%.
Lambda increased in value on an average Tuesday only slightly. The average increase in value of the Lambda was 0.12%. 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 (0.21%). This means that on 68 percent of the Tuesdays, the change in price of the Lambda is expected to be in the range of -0.09% and 0.33%.
Lambda increased in value on an average Wednesday only slightly. The average increase in value of the Lambda was 0.04%. 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 (0.07%). This means that on 68 percent of the Wednesdays, the change in price of the Lambda is expected to be in the range of -0.03% and 0.12%.
On an average Thursday the Lambda shows an increase in value of 2.82%. However, the change of Lambda on most of the Thursdays is between -3.16% and 8.79%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Lambdas.
Allthough the Lambda decreases in value with -0.44% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Lambda on Fridays is 0.47%. This means that the expected change of the value of Lambda is between -0.91% and 0.03% on 68 out of 100 Fridays.
The increase in value of the Lambda is 3.31% on an average Saturday. However, the uncertainty on the average change is high for the Lambda on Saturdays. This is the reason why an expected increase of the Lambda on an average Saturday cannot be predicted. The standard deviation for Lambda on Saturdays is high, namely 5.36%. This means that the expected range of value change for the Lambda is -2.06% and 8.67% on 68% of the Saturdays.
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 | 0.36% | 0.36% | 0.00% to 0.72% |
| Monday | 0.38% | 1.04% | -0.65% to 1.42% |
| Tuesday | 0.12% | 0.21% | -0.09% to 0.33% |
| Wednesday | 0.04% | 0.07% | -0.03% to 0.12% |
| Thursday | 2.82% | 5.97% | -3.16% to 8.79% |
| Friday | -0.44% | 0.47% | -0.91% to 0.03% |
| Saturday | 3.31% | 5.36% | -2.06% to 8.67% |