The performance of LINA regarding the price differs every day. To make the best decision to buy LINA, we are analysis in this article the performance of LINA on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on June 14th, 2019 to November 19th, 2020.
In the barchart below, the weekdays and average performance of LINA are shown side by side.
According to the performance of LINA between June 14th, 2019 and November 19th, 2020, LINA performed the best on Tuesdays. On average, the price of LINA increased 0.74% on Tuesday.
The weekday on which the LINA performed the worst, is Friday. On Fridays, the LINA declined in value on average by -0.27%.
LINA weekday performance
On an average Sunday, the LINA increased 0.41%. However, since the expected deviation is 5.54%, the LINA will decline in value on a Sunday quiet regularly. The expected price change of the LINA on a Sunday is between -5.14% and 5.95%.
It is hard to tell whether the LINA will increase or decrease in value on an average Monday. The average change on a Monday for the LINA is -0.19%. However, the standard deviation on this weekday is 4.52%. This means that on most Mondays, the change in value of the LINA is between -4.70% and 4.33%.
Historical performance on Tuesday do not show an increase in value of the LINA on which a prediction can be made. The LINA increased in value on average on an average Tuesday with 0.74%. However, the uncertainty of this increase is high. The expected change in value of the LINA on a Tuesday is between -3.54% and 5.02% (see also the table below).
LINA increased in value on an average Wednesday only slightly. The average increase in value of the LINA was 0.16%. Allthough the LINA closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (5.05%). This means that on 68 percent of the Wednesdays, the change in price of the LINA is expected to be in the range of -4.89% and 5.21%.
On an average Thursday, the LINA increased 0.49%. However, since the expected deviation is 3.02%, the LINA will decline in value on a Thursday quiet regularly. The expected price change of the LINA on a Thursday is between -2.53% and 3.51%.
It is hard to tell whether the LINA will increase or decrease in value on an average Friday. The average change on a Friday for the LINA is -0.27%. However, the standard deviation on this weekday is 2.91%. This means that on most Fridays, the change in value of the LINA is between -3.18% and 2.64%.
On an average Saturday, the LINA increased 0.36%. However, since the expected deviation is 5.10%, the LINA will decline in value on a Saturday quiet regularly. The expected price change of the LINA on a Saturday is between -4.74% and 5.46%.
LINA weekday performance details
Find below the details of the performance of LINA 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||0.41%||5.54%||-5.14% to 5.95%|
|Monday||-0.19%||4.52%||-4.70% to 4.33%|
|Tuesday||0.74%||4.28%||-3.54% to 5.02%|
|Wednesday||0.16%||5.05%||-4.89% to 5.21%|
|Thursday||0.49%||3.02%||-2.53% to 3.51%|
|Friday||-0.27%||2.91%||-3.18% to 2.64%|
|Saturday||0.36%||5.10%||-4.74% to 5.46%|