Lambda (LAMB)

Current price: $ 0.001656

24 hours price change: $ -0.000090 (-5.15%)

Daily analysis of Lambda (LAMB) - 6 months

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 6 months, starting on November 26th, 2021 to May 26th, 2022.

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 11/26/2021 and 05/26/2022.

According to the performance of Lambda between November 26th, 2021 and May 26th, 2022, Lambda performed the best on Wednesdays. On average, the price of Lambda increased 0.63% on Wednesday.

The weekday on which the Lambda performed the worst, is Friday. On Fridays, the Lambda declined in value on average by -0.85%.

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 -0.11%. However, the standard deviation on this weekday is 1.90%. This means that on most Sundays, the change in value of the Lambda is between -2.01% and 1.78%.

On Mondays, the Lambda decreases in value on average with -0.83%. On most of the Mondays the Lambda decreases in value between -3.21% and 1.56%. The uncertainty (2.38%) is higher than the average decline percentage (-0.83%). Therefore, expected range of price changes of the Lambda on Mondays is large.

Lambda increased in value on an average Tuesday only slightly. The average increase in value of the Lambda was 0.02%. 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 (2.09%). This means that on 68 percent of the Tuesdays, the change in price of the Lambda is expected to be in the range of -2.07% and 2.11%.

Historical performance on Wednesday 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 Wednesday with 0.63%. However, the uncertainty of this increase is high. The expected change in value of the Lambda on a Wednesday is between -1.40% and 2.65% (see also the table below).

Allthough the Lambda decreases in value with -0.59% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Lambda on Thursdays is 1.73%. This means that the expected change of the value of Lambda is between -2.32% and 1.14% on 68 out of 100 Thursdays.

On Fridays, the Lambda decreases in value on average with -0.85%. On most of the Fridays the Lambda decreases in value between -2.52% and 0.82%. The uncertainty (1.67%) is higher than the average decline percentage (-0.85%). Therefore, expected range of price changes of the Lambda on Fridays is large.

Lambda increased in value on an average Saturday only slightly. The average increase in value of the Lambda was 0.23%. 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 (0.93%). This means that on 68 percent of the Saturdays, the change in price of the Lambda is expected to be in the range of -0.71% and 1.16%.

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 -0.11% 1.90% -2.01% to 1.78%
Monday -0.83% 2.38% -3.21% to 1.56%
Tuesday 0.02% 2.09% -2.07% to 2.11%
Wednesday 0.63% 2.02% -1.40% to 2.65%
Thursday -0.59% 1.73% -2.32% to 1.14%
Friday -0.85% 1.67% -2.52% to 0.82%
Saturday 0.23% 0.93% -0.71% to 1.16%
 

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