Lambda (LAMB)

Current price: $ 0.03

24 hours price change: $ 0.000763 (2.44%)

Daily analysis of Lambda (LAMB) - 1 month

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 October 21st, 2019 to November 21st, 2019.

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 10/21/2019 and 11/21/2019.

According to the performance of Lambda between October 21st, 2019 and November 21st, 2019, Lambda performed the best on Fridays. On average, the price of Lambda increased 1.62% on Friday.

The weekday on which the Lambda performed the worst, is Wednesday. On Wednesdays, the Lambda declined in value on average by -0.82%.

Lambda weekday performance

It is hard to tell whether the Lambda will increase or decrease in value on an average Sunday. The average change on a Sunday for the Lambda is -0.02%. However, the standard deviation on this weekday is 1.91%. This means that on most Sundays, the change in value of the Lambda is between -1.93% and 1.89%.

On an average Monday the Lambda shows an increase in value of 1.49%. However, the change of Lambda on most of the Mondays is between -2.45% and 5.42%. Therefore it is hard to tell whether an average Monday is a good day to start buying Lambdas.

Allthough the Lambda decreases in value with -0.41% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Lambda on Tuesdays is 2.15%. This means that the expected change of the value of Lambda is between -2.56% and 1.74% on 68 out of 100 Tuesdays.

On Wednesdays, the Lambda decreases in value on average with -0.82%. On most of the Wednesdays the Lambda decreases in value between -1.90% and 0.26%. The uncertainty (1.08%) is higher than the average decline percentage (-0.82%). Therefore, expected range of price changes of the Lambda on Wednesdays is large.

On an average Thursday the Lambda shows an increase in value of 1.02%. However, the change of Lambda on most of the Thursdays is between -1.18% and 3.21%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Lambdas.

On an average Friday the Lambda shows an increase in value of 1.62%. However, the change of Lambda on most of the Fridays is between -0.71% and 3.95%. Therefore it is hard to tell whether an average Friday is a good day to start buying Lambdas.

On an average Saturday the Lambda shows a high increase in value, namely 1.60%. The standard deviation is below the average increase percentage (standard deviation is 1.55%), meaning that on 68% of the Saturdays the Lambda will increase with a percentage between 0.05% and 3.15%. This also means that, on average, on 16 percent of the Saturdays, the Lambda will increase with a percentage above this range. On the other 16% of the Saturdays, the Lambda will change with a percentage below the 0.05%.

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 -0.02% 1.91% -1.93% to 1.89%
Monday 1.49% 3.94% -2.45% to 5.42%
Tuesday -0.41% 2.15% -2.56% to 1.74%
Wednesday -0.82% 1.08% -1.90% to 0.26%
Thursday 1.02% 2.20% -1.18% to 3.21%
Friday 1.62% 2.33% -0.71% to 3.95%
Saturday 1.60% 1.55% 0.05% to 3.15%