LINA (LINA)

Current price: $ 0.02

24 hours price change: - (-)

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 June 2nd, 2020.

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 06/02/2020.

According to the performance of LINA between June 14th, 2019 and June 2nd, 2020, LINA performed the best on Tuesdays. On average, the price of LINA increased 1.06% on Tuesday.

The weekday on which the LINA performed the worst, is Friday. On Fridays, the LINA declined in value on average by -0.41%.

LINA weekday performance

On an average Sunday, the LINA increased 0.55%. However, since the expected deviation is 6.72%, the LINA will decline in value on a Sunday quiet regularly. The expected price change of the LINA on a Sunday is between -6.17% and 7.27%.

Allthough the LINA decreases in value with -0.31% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of LINA on Mondays is 5.47%. This means that the expected change of the value of LINA is between -5.78% and 5.17% on 68 out of 100 Mondays.

On an average Tuesday the LINA shows an increase in value of 1.06%. However, the change of LINA on most of the Tuesdays is between -4.09% and 6.21%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying LINAs.

LINA increased in value on an average Wednesday only slightly. The average increase in value of the LINA was 0.27%. 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 (6.18%). This means that on 68 percent of the Wednesdays, the change in price of the LINA is expected to be in the range of -5.91% and 6.45%.

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 0.67%. However, the uncertainty of this increase is high. The expected change in value of the LINA on a Thursday is between -3.00% and 4.35% (see also the table below).

Allthough the LINA decreases in value with -0.41% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of LINA on Fridays is 3.52%. This means that the expected change of the value of LINA is between -3.93% and 3.11% on 68 out of 100 Fridays.

On an average Saturday the LINA shows an increase in value of 1.05%. However, the change of LINA on most of the Saturdays is between -4.33% and 6.42%. 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 0.55% 6.72% -6.17% to 7.27%
Monday -0.31% 5.47% -5.78% to 5.17%
Tuesday 1.06% 5.15% -4.09% to 6.21%
Wednesday 0.27% 6.18% -5.91% to 6.45%
Thursday 0.67% 3.67% -3.00% to 4.35%
Friday -0.41% 3.52% -3.93% to 3.11%
Saturday 1.05% 5.38% -4.33% to 6.42%
 

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