LINA (LINA)

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Daily analysis of LINA (LINA) - 6 months

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 6 months, starting on November 24th, 2023 to May 17th, 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 11/24/2023 and 05/17/2024.

According to the performance of LINA between November 24th, 2023 and May 17th, 2024, LINA performed the best on Wednesdays. On average, the price of LINA increased 0.28% on Wednesday.

The weekday on which the LINA performed the worst, is Sunday. On Sundays, the LINA declined in value on average by -0.32%.

LINA weekday performance

Allthough the LINA decreases in value with -0.32% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of LINA on Sundays is 2.01%. This means that the expected change of the value of LINA is between -2.32% and 1.69% on 68 out of 100 Sundays.

LINA increased in value on an average Monday only slightly. The average increase in value of the LINA was 0.03%. 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 (2.15%). This means that on 68 percent of the Mondays, the change in price of the LINA is expected to be in the range of -2.12% and 2.18%.

LINA increased in value on an average Tuesday only slightly. The average increase in value of the LINA was 0.25%. 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 (3.13%). This means that on 68 percent of the Tuesdays, the change in price of the LINA is expected to be in the range of -2.88% and 3.38%.

LINA increased in value on an average Wednesday 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 (1.81%). This means that on 68 percent of the Wednesdays, the change in price of the LINA is expected to be in the range of -1.53% and 2.09%.

LINA increased in value on an average Thursday only slightly. The average increase in value of the LINA was 0.18%. 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 (1.51%). This means that on 68 percent of the Thursdays, the change in price of the LINA is expected to be in the range of -1.34% and 1.69%.

LINA increased in value on an average Friday only slightly. The average increase in value of the LINA was 0.04%. 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 (1.61%). This means that on 68 percent of the Fridays, the change in price of the LINA is expected to be in the range of -1.57% and 1.65%.

It is hard to tell whether the LINA will increase or decrease in value on an average Saturday. The average change on a Saturday for the LINA is -0.13%. However, the standard deviation on this weekday is 1.01%. This means that on most Saturdays, the change in value of the LINA is between -1.15% and 0.88%.

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 -0.32% 2.01% -2.32% to 1.69%
Monday 0.03% 2.15% -2.12% to 2.18%
Tuesday 0.25% 3.13% -2.88% to 3.38%
Wednesday 0.28% 1.81% -1.53% to 2.09%
Thursday 0.18% 1.51% -1.34% to 1.69%
Friday 0.04% 1.61% -1.57% to 1.65%
Saturday -0.13% 1.01% -1.15% to 0.88%
 

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