Lambda (LAMB)

Current price: $ 0.01

24 hours price change: $ 0.000350 (2.77%)

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 February 1st, 2021 to August 1st, 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 02/01/2021 and 08/01/2021.

According to the performance of Lambda between February 1st, 2021 and August 1st, 2021, Lambda performed the best on Sundays. On average, the price of Lambda increased 2.58% on Sunday.

The weekday on which the Lambda performed the worst, is Monday. On Mondays, the Lambda declined in value on average by -1.31%.

Lambda weekday performance

On an average Sunday the Lambda shows an increase in value of 2.58%. However, the change of Lambda on most of the Sundays is between -6.99% and 12.15%. 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 -1.31%. However, the uncertainty (or standard deviation) is quite large, namely 3.96%. 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 2.26%. However, the change of Lambda on most of the Tuesdays is between -5.53% and 10.04%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Lambdas.

On an average Wednesday, the Lambda increased 0.41%. However, since the expected deviation is 4.11%, the Lambda will decline in value on a Wednesday quiet regularly. The expected price change of the Lambda on a Wednesday is between -3.70% and 4.52%.

Lambda increased in value on an average Thursday only slightly. The average increase in value of the Lambda was 0.19%. 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 (2.30%). This means that on 68 percent of the Thursdays, the change in price of the Lambda is expected to be in the range of -2.11% and 2.49%.

Lambda increased in value on an average Friday only slightly. The average increase in value of the Lambda was 0.25%. 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 (4.90%). This means that on 68 percent of the Fridays, the change in price of the Lambda is expected to be in the range of -4.66% and 5.15%.

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 0.64%. However, the uncertainty of this increase is high. The expected change in value of the Lambda on a Saturday is between -2.86% and 4.14% (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 2.58% 9.57% -6.99% to 12.15%
Monday -1.31% 3.96% -5.27% to 2.65%
Tuesday 2.26% 7.79% -5.53% to 10.04%
Wednesday 0.41% 4.11% -3.70% to 4.52%
Thursday 0.19% 2.30% -2.11% to 2.49%
Friday 0.25% 4.90% -4.66% to 5.15%
Saturday 0.64% 3.50% -2.86% to 4.14%
 

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