LINA (LINA)

Current price: $ 0.02

24 hours price change: $ 0.003213 (18.65%)

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 26th, 2019 to May 25th, 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 11/26/2019 and 05/25/2020.

According to the performance of LINA between November 26th, 2019 and May 25th, 2020, LINA performed the best on Saturdays. On average, the price of LINA increased 1.67% on Saturday.

The weekday on which the LINA performed the worst, is Sunday. On Sundays, the LINA declined in value on average by -0.89%.

LINA weekday performance

On Sundays, the LINA decreases in value on average with -0.89%. On most of the Sundays the LINA decreases in value between -3.73% and 1.95%. The uncertainty (2.84%) is higher than the average decline percentage (-0.89%). Therefore, expected range of price changes of the LINA on Sundays is large.

On an average Monday, the LINA increased 0.36%. However, since the expected deviation is 0.82%, the LINA will decline in value on a Monday quiet regularly. The expected price change of the LINA on a Monday is between -0.46% and 1.17%.

LINA increased in value on an average Tuesday only slightly. The average increase in value of the LINA was 0.09%. 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 (0.91%). This means that on 68 percent of the Tuesdays, the change in price of the LINA is expected to be in the range of -0.82% and 1.00%.

On an average Wednesday the LINA shows an increase in value of 1.25%. However, the change of LINA on most of the Wednesdays is between -5.61% and 8.11%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying LINAs.

On an average Thursday, the LINA increased 0.36%. However, since the expected deviation is 2.36%, the LINA will decline in value on a Thursday quiet regularly. The expected price change of the LINA on a Thursday is between -2.00% and 2.72%.

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 -0.17%. However, the standard deviation on this weekday is 1.89%. This means that on most Fridays, the change in value of the LINA is between -2.06% and 1.72%.

On an average Saturday the LINA shows an increase in value of 1.67%. However, the change of LINA on most of the Saturdays is between -4.40% and 7.73%. 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 -0.89% 2.84% -3.73% to 1.95%
Monday 0.36% 0.82% -0.46% to 1.17%
Tuesday 0.09% 0.91% -0.82% to 1.00%
Wednesday 1.25% 6.86% -5.61% to 8.11%
Thursday 0.36% 2.36% -2.00% to 2.72%
Friday -0.17% 1.89% -2.06% to 1.72%
Saturday 1.67% 6.06% -4.40% to 7.73%
 

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