LINA (LINA)

Current price: $ 0.06

24 hours price change: $ -0.009096 (-12.84%)

Daily analysis of LINA (LINA) - 1 year

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 year, starting on June 14th, 2019 to October 22nd, 2019.

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 06/14/2019 and 10/22/2019.

According to the performance of LINA between June 14th, 2019 and October 22nd, 2019, LINA performed the best on Sundays. On average, the price of LINA increased 3.11% on Sunday.

The weekday on which the LINA performed the worst, is Monday. On Mondays, the LINA declined in value on average by -3.46%.

LINA weekday performance

The increase in value of the LINA is 3.11% on an average Sunday. However, the uncertainty on the average change is high for the LINA on Sundays. This is the reason why an expected increase of the LINA on an average Sunday cannot be predicted. The standard deviation for LINA on Sundays is high, namely 9.76%. This means that the expected range of value change for the LINA is -6.66% and 12.87% on 68% of the Sundays.

The decrease in value of the LINA is -3.46% on an average Monday. The uncertainty of the average change is high for the LINA on Mondays. This means that it is hard to tell whether the LINA will decrease or increase in value on an average Monday. If we look at the 68% range of the LINA, we see that on 68% of the Mondays, the expected change of the LINA is between -8.43% and 1.51%.

On an average Tuesday the LINA shows an increase in value of 2.80%. However, the change of LINA on most of the Tuesdays is between -5.27% and 10.87%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying LINAs.

The LINA declines in value on an average Wednesday with -1.35%. However, the uncertainty (or standard deviation) is quite large, namely 5.72%. This means that it is not possible to say whether on a regular Wednesday the LINA will increase or decrease in value.

Historical performance on Thursday 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 Thursday with 0.95%. However, the uncertainty of this increase is high. The expected change in value of the LINA on a Thursday is between -4.24% and 6.15% (see also the table below).

The LINA declines in value on an average Friday with -1.56%. However, the uncertainty (or standard deviation) is quite large, namely 4.59%. This means that it is not possible to say whether on a regular Friday the LINA will increase or decrease in value.

On an average Saturday the LINA shows an increase in value of 1.38%. However, the change of LINA on most of the Saturdays is between -2.70% and 5.46%. Therefore it is hard to tell whether an average Saturday is a good day to start buying LINAs.

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 3.11% 9.76% -6.66% to 12.87%
Monday -3.46% 4.97% -8.43% to 1.51%
Tuesday 2.80% 8.07% -5.27% to 10.87%
Wednesday -1.35% 5.72% -7.07% to 4.38%
Thursday 0.95% 5.19% -4.24% to 6.15%
Friday -1.56% 4.59% -6.15% to 3.03%
Saturday 1.38% 4.08% -2.70% to 5.46%