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 10th, 2022 to December 10th, 2022.
In the barchart below, the weekdays and average performance of Lambda are shown side by side.
According to the performance of Lambda between June 10th, 2022 and December 10th, 2022, Lambda performed the best on Wednesdays. On average, the price of Lambda increased 0.77% on Wednesday.
The weekday on which the Lambda performed the worst, is Thursday. On Thursdays, the Lambda declined in value on average by -0.82%.
Lambda weekday performance
Lambda increased in value on an average Sunday 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 (0.07%). This means that on 68 percent of the Sundays, the change in price of the Lambda is expected to be in the range of -0.04% and 0.09%.
Allthough the Lambda decreases in value with -0.44% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Lambda on Mondays is 2.13%. This means that the expected change of the value of Lambda is between -2.57% and 1.69% on 68 out of 100 Mondays.
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 -0.01%. However, the standard deviation on this weekday is 0.14%. This means that on most Tuesdays, the change in value of the Lambda is between -0.15% and 0.13%.
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 0.77%. However, the uncertainty of this increase is high. The expected change in value of the Lambda on a Wednesday is between -2.82% and 4.36% (see also the table below).
On Thursdays, the Lambda decreases in value on average with -0.82%. On most of the Thursdays the Lambda decreases in value between -4.05% and 2.42%. The uncertainty (3.23%) is higher than the average decline percentage (-0.82%). Therefore, expected range of price changes of the Lambda on Thursdays is large.
On an average Friday, the Lambda increased 0.37%. However, since the expected deviation is 1.63%, the Lambda will decline in value on a Friday quiet regularly. The expected price change of the Lambda on a Friday is between -1.26% and 2.00%.
Lambda increased in value on an average Saturday 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 (0.09%). This means that on 68 percent of the Saturdays, the change in price of the Lambda is expected to be in the range of -0.07% and 0.11%.
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||0.02%||0.07%||-0.04% to 0.09%|
|Monday||-0.44%||2.13%||-2.57% to 1.69%|
|Tuesday||-0.01%||0.14%||-0.15% to 0.13%|
|Wednesday||0.77%||3.59%||-2.82% to 4.36%|
|Thursday||-0.82%||3.23%||-4.05% to 2.42%|
|Friday||0.37%||1.63%||-1.26% to 2.00%|
|Saturday||0.02%||0.09%||-0.07% to 0.11%|