Lambda (LAMB)

Current price: $ 0.14

24 hours price change: $ 0.000399 (0.28%)

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 June 11th, 2019 to September 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 06/11/2019 and 09/21/2019.

According to the performance of Lambda between June 11th, 2019 and September 21st, 2019, Lambda performed the best on Saturdays. On average, the price of Lambda increased 7.23% on Saturday.

The weekday on which the Lambda performed the worst, is Wednesday. On Wednesdays, the Lambda declined in value on average by -1.20%.

Lambda weekday performance

On an average Sunday, the Lambda increased 0.59%. However, since the expected deviation is 9.74%, the Lambda will decline in value on a Sunday quiet regularly. The expected price change of the Lambda on a Sunday is between -9.15% and 10.32%.

On an average Monday the Lambda shows an increase in value of 1.07%. However, the change of Lambda on most of the Mondays is between -8.65% and 10.79%. Therefore it is hard to tell whether an average Monday is a good day to start buying Lambdas.

On Tuesdays, the Lambda decreases in value on average with -0.85%. On most of the Tuesdays the Lambda decreases in value between -7.90% and 6.20%. The uncertainty (7.05%) is higher than the average decline percentage (-0.85%). Therefore, expected range of price changes of the Lambda on Tuesdays is large.

The Lambda declines in value on an average Wednesday with -1.20%. However, the uncertainty (or standard deviation) is quite large, namely 6.30%. This means that it is not possible to say whether on a regular Wednesday the Lambda will increase or decrease in value.

It is hard to tell whether the Lambda will increase or decrease in value on an average Thursday. The average change on a Thursday for the Lambda is -0.18%. However, the standard deviation on this weekday is 3.41%. This means that on most Thursdays, the change in value of the Lambda is between -3.59% and 3.23%.

On an average Friday the Lambda shows an increase in value of 1.34%. However, the change of Lambda on most of the Fridays is between -3.45% and 6.12%. Therefore it is hard to tell whether an average Friday is a good day to start buying Lambdas.

The increase in value of the Lambda is 7.23% on an average Saturday. However, the uncertainty on the average change is high for the Lambda on Saturdays. This is the reason why an expected increase of the Lambda on an average Saturday cannot be predicted. The standard deviation for Lambda on Saturdays is high, namely 15.21%. This means that the expected range of value change for the Lambda is -7.98% and 22.44% on 68% of the Saturdays.

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 0.59% 9.74% -9.15% to 10.32%
Monday 1.07% 9.72% -8.65% to 10.79%
Tuesday -0.85% 7.05% -7.90% to 6.20%
Wednesday -1.20% 6.30% -7.50% to 5.09%
Thursday -0.18% 3.41% -3.59% to 3.23%
Friday 1.34% 4.79% -3.45% to 6.12%
Saturday 7.23% 15.21% -7.98% to 22.44%