Lambda (LAMB)

Current price: $ 0.02

24 hours price change: $ -0.004530 (-16.15%)

Daily analysis of Lambda (LAMB) - 1 year

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 year, starting on June 13th, 2020 to June 13th, 2021.

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 06/13/2020 and 06/13/2021.

According to the performance of Lambda between June 13th, 2020 and June 13th, 2021, Lambda performed the best on Tuesdays. On average, the price of Lambda increased 1.22% on Tuesday.

The weekday on which the Lambda performed the worst, is Monday. On Mondays, the Lambda declined in value on average by -1.04%.

Lambda weekday performance

On an average Sunday the Lambda shows an increase in value of 1.16%. However, the change of Lambda on most of the Sundays is between -5.62% and 7.94%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Lambdas.

The Lambda declines in value on an average Monday with -1.04%. However, the uncertainty (or standard deviation) is quite large, namely 3.55%. This means that it is not possible to say whether on a regular Monday the Lambda will increase or decrease in value.

On an average Tuesday the Lambda shows an increase in value of 1.22%. However, the change of Lambda on most of the Tuesdays is between -4.78% and 7.23%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Lambdas.

Lambda increased in value on an average Wednesday 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 (2.90%). This means that on 68 percent of the Wednesdays, the change in price of the Lambda is expected to be in the range of -2.62% and 3.18%.

On an average Thursday, the Lambda increased 0.50%. However, since the expected deviation is 2.15%, the Lambda will decline in value on a Thursday quiet regularly. The expected price change of the Lambda on a Thursday is between -1.64% and 2.65%.

On an average Friday, the Lambda increased 0.56%. However, since the expected deviation is 3.37%, the Lambda will decline in value on a Friday quiet regularly. The expected price change of the Lambda on a Friday is between -2.81% and 3.93%.

Historical performance on Saturday do not show an increase in value of the Lambda on which a prediction can be made. The Lambda increased in value on average on an average Saturday with 0.85%. However, the uncertainty of this increase is high. The expected change in value of the Lambda on a Saturday is between -8.48% and 10.18% (see also the table below).

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 1.16% 6.78% -5.62% to 7.94%
Monday -1.04% 3.55% -4.59% to 2.52%
Tuesday 1.22% 6.01% -4.78% to 7.23%
Wednesday 0.28% 2.90% -2.62% to 3.18%
Thursday 0.50% 2.15% -1.64% to 2.65%
Friday 0.56% 3.37% -2.81% to 3.93%
Saturday 0.85% 9.33% -8.48% to 10.18%
 

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