LINA (LINA)

Current price: $ 0.008765

24 hours price change: $ 0.000084 (0.97%)

Daily analysis of LINA (LINA) - 1 month

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 1 month, starting on March 24th, 2024 to April 24th, 2024.

In the barchart below, the weekdays and average performance of LINA are shown side by side.

Average daily change in price of LINA per weekday between 03/24/2024 and 04/24/2024.

According to the performance of LINA between March 24th, 2024 and April 24th, 2024, LINA performed the best on Tuesdays. On average, the price of LINA increased 1.47% on Tuesday.

The weekday on which the LINA performed the worst, is Saturday. On Saturdays, the LINA declined in value on average by -1.11%.

LINA weekday performance

On an average Sunday, the LINA increased 0.40%. However, since the expected deviation is 3.26%, the LINA will decline in value on a Sunday quiet regularly. The expected price change of the LINA on a Sunday is between -2.86% and 3.66%.

LINA increased in value on an average Monday only slightly. The average increase in value of the LINA was 0.28%. 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 (3.68%). This means that on 68 percent of the Mondays, the change in price of the LINA is expected to be in the range of -3.40% and 3.97%.

On an average Tuesday the LINA shows an increase in value of 1.47%. However, the change of LINA on most of the Tuesdays is between -2.35% and 5.29%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying LINAs.

It is hard to tell whether the LINA will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the LINA is -0.03%. However, the standard deviation on this weekday is 0.16%. This means that on most Wednesdays, the change in value of the LINA is between -0.19% and 0.13%.

On Thursdays, the LINA decreases in value on average with -0.82%. On most of the Thursdays the LINA decreases in value between -2.19% and 0.55%. The uncertainty (1.37%) is higher than the average decline percentage (-0.82%). Therefore, expected range of price changes of the LINA on Thursdays is large.

On Fridays, the LINA decreases in value on average with -0.90%. On most of the Fridays the LINA decreases in value between -2.60% and 0.80%. The uncertainty (1.70%) is higher than the average decline percentage (-0.90%). Therefore, expected range of price changes of the LINA on Fridays is large.

The LINA declines in value on an average Saturday with -1.11%. However, the uncertainty (or standard deviation) is quite large, namely 1.74%. This means that it is not possible to say whether on a regular Saturday the LINA will increase or decrease in value.

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 0.40% 3.26% -2.86% to 3.66%
Monday 0.28% 3.68% -3.40% to 3.97%
Tuesday 1.47% 3.82% -2.35% to 5.29%
Wednesday -0.03% 0.16% -0.19% to 0.13%
Thursday -0.82% 1.37% -2.19% to 0.55%
Friday -0.90% 1.70% -2.60% to 0.80%
Saturday -1.11% 1.74% -2.85% to 0.63%
 

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