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 September 20th, 2022 to March 20th, 2023.
In the barchart below, the weekdays and average performance of Lambda are shown side by side.
According to the performance of Lambda between September 20th, 2022 and March 20th, 2023, Lambda performed the best on Saturdays. On average, the price of Lambda increased 0.75% on Saturday.
The weekday on which the Lambda performed the worst, is Thursday. On Thursdays, the Lambda declined in value on average by -0.61%.
Lambda weekday performance
Lambda increased in value on an average Sunday only slightly. The average increase in value of the Lambda was 0.17%. 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 (1.42%). This means that on 68 percent of the Sundays, the change in price of the Lambda is expected to be in the range of -1.25% and 1.59%.
Lambda increased in value on an average Monday only slightly. The average increase in value of the Lambda was 0.03%. 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 (0.50%). This means that on 68 percent of the Mondays, the change in price of the Lambda is expected to be in the range of -0.48% and 0.53%.
It is hard to tell whether the Lambda will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Lambda is 0.00%. However, the standard deviation on this weekday is 0.19%. This means that on most Tuesdays, the change in value of the Lambda is between -0.19% and 0.19%.
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 (0.60%). This means that on 68 percent of the Wednesdays, the change in price of the Lambda is expected to be in the range of -0.56% and 0.64%.
On Thursdays, the Lambda decreases in value on average with -0.61%. On most of the Thursdays the Lambda decreases in value between -3.61% and 2.40%. The uncertainty (3.00%) is higher than the average decline percentage (-0.61%). Therefore, expected range of price changes of the Lambda on Thursdays is large.
On an average Friday, the Lambda increased 0.30%. However, since the expected deviation is 1.70%, the Lambda will decline in value on a Friday quiet regularly. The expected price change of the Lambda on a Friday is between -1.40% and 2.01%.
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 0.75%. However, the uncertainty of this increase is high. The expected change in value of the Lambda on a Saturday is between -1.79% and 3.30% (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 | 0.17% | 1.42% | -1.25% to 1.59% |
Monday | 0.03% | 0.50% | -0.48% to 0.53% |
Tuesday | 0.00% | 0.19% | -0.19% to 0.19% |
Wednesday | 0.04% | 0.60% | -0.56% to 0.64% |
Thursday | -0.61% | 3.00% | -3.61% to 2.40% |
Friday | 0.30% | 1.70% | -1.40% to 2.01% |
Saturday | 0.75% | 2.55% | -1.79% to 3.30% |