The performance of Loom Network regarding the price differs every day. To make the best decision to buy Loom Network, we are analysis in this article the performance of Loom Network on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on March 28th, 2018 to October 2nd, 2023.
In the barchart below, the weekdays and average performance of Loom Network are shown side by side.
According to the performance of Loom Network between March 28th, 2018 and October 2nd, 2023, Loom Network performed the best on Wednesdays. On average, the price of Loom Network increased 0.26% on Wednesday.
The weekday on which the Loom Network performed the worst, is Tuesday. On Tuesdays, the Loom Network declined in value on average by -0.05%.
Loom Network weekday performance
Loom Network increased in value on an average Sunday only slightly. The average increase in value of the Loom Network was 0.21%. Allthough the Loom Network closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.90%). This means that on 68 percent of the Sundays, the change in price of the Loom Network is expected to be in the range of -4.69% and 5.10%.
It is hard to tell whether the Loom Network will increase or decrease in value on an average Monday. The average change on a Monday for the Loom Network is -0.03%. However, the standard deviation on this weekday is 4.56%. This means that on most Mondays, the change in value of the Loom Network is between -4.59% and 4.52%.
It is hard to tell whether the Loom Network will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Loom Network is -0.05%. However, the standard deviation on this weekday is 5.17%. This means that on most Tuesdays, the change in value of the Loom Network is between -5.22% and 5.12%.
Loom Network increased in value on an average Wednesday only slightly. The average increase in value of the Loom Network was 0.26%. Allthough the Loom Network closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (5.84%). This means that on 68 percent of the Wednesdays, the change in price of the Loom Network is expected to be in the range of -5.58% and 6.11%.
Loom Network increased in value on an average Thursday only slightly. The average increase in value of the Loom Network was 0.26%. Allthough the Loom Network closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (5.28%). This means that on 68 percent of the Thursdays, the change in price of the Loom Network is expected to be in the range of -5.03% and 5.54%.
Loom Network increased in value on an average Friday only slightly. The average increase in value of the Loom Network was 0.20%. Allthough the Loom Network closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.84%). This means that on 68 percent of the Fridays, the change in price of the Loom Network is expected to be in the range of -3.64% and 4.04%.
Loom Network increased in value on an average Saturday only slightly. The average increase in value of the Loom Network was 0.11%. Allthough the Loom Network closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.83%). This means that on 68 percent of the Saturdays, the change in price of the Loom Network is expected to be in the range of -3.72% and 3.94%.
Loom Network weekday performance details
Find below the details of the performance of Loom Network 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 | 0.21% | 4.90% | -4.69% to 5.10% |
| Monday | -0.03% | 4.56% | -4.59% to 4.52% |
| Tuesday | -0.05% | 5.17% | -5.22% to 5.12% |
| Wednesday | 0.26% | 5.84% | -5.58% to 6.11% |
| Thursday | 0.26% | 5.28% | -5.03% to 5.54% |
| Friday | 0.20% | 3.84% | -3.64% to 4.04% |
| Saturday | 0.11% | 3.83% | -3.72% to 3.94% |