LINA (LINA)

Current price: $ 0.10

24 hours price change: $ -0.004404 (-4.25%)

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 October 19th, 2020 to November 19th, 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 10/19/2020 and 11/19/2020.

According to the performance of LINA between October 19th, 2020 and November 19th, 2020, LINA performed the best on Thursdays. On average, the price of LINA increased 0.53% on Thursday.

The weekday on which the LINA performed the worst, is Wednesday. On Wednesdays, the LINA declined in value on average by -0.18%.

LINA weekday performance

The average increase of the LINA on an average Sunday is 0.32%. This is a small increase, however, the expected change of the LINA in 95% of the Sundays is 0.00% and 0.65%. This means that only on 2.5% (or slightly over 1 Sunday per year) the expected change of the LINA is below 0.00%. On the other hand, you would not have to expect that the change on a single Sunday will be above 0.65%. This will also only happen on 2.5% of the Sundays. On 68% of the Sundays, the increase of the LINA will be in the range of 0.16% and 0.49%.

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 (0.25%). This means that on 68 percent of the Mondays, the change in price of the LINA is expected to be in the range of -0.22% and 0.28%.

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 (0.81%). This means that on 68 percent of the Tuesdays, the change in price of the LINA is expected to be in the range of -0.71% and 0.90%.

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 -0.18%. However, the standard deviation on this weekday is 0.25%. This means that on most Wednesdays, the change in value of the LINA is between -0.43% and 0.07%.

On an average Thursday, the LINA increased 0.53%. However, since the expected deviation is 0.64%, the LINA will decline in value on a Thursday quiet regularly. The expected price change of the LINA on a Thursday is between -0.11% and 1.17%.

LINA increased in value on an average Friday 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 (0.33%). This means that on 68 percent of the Fridays, the change in price of the LINA is expected to be in the range of -0.24% and 0.42%.

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 -0.02%. However, the standard deviation on this weekday is 0.31%. This means that on most Saturdays, the change in value of the LINA is between -0.34% and 0.29%.

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% 0.16% 0.16% to 0.49%
Monday 0.03% 0.25% -0.22% to 0.28%
Tuesday 0.09% 0.81% -0.71% to 0.90%
Wednesday -0.18% 0.25% -0.43% to 0.07%
Thursday 0.53% 0.64% -0.11% to 1.17%
Friday 0.09% 0.33% -0.24% to 0.42%
Saturday -0.02% 0.31% -0.34% to 0.29%
 

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