The performance of Loopring regarding the price differs every day. To make the best decision to buy Loopring, we are analysis in this article the performance of Loopring on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on November 9th, 2023 to December 9th, 2023.
In the barchart below, the weekdays and average performance of Loopring are shown side by side.
According to the performance of Loopring between November 9th, 2023 and December 9th, 2023, Loopring performed the best on Wednesdays. On average, the price of Loopring increased 0.81% on Wednesday.
The weekday on which the Loopring performed the worst, is Sunday. On Sundays, the Loopring declined in value on average by -0.71%.
Loopring weekday performance
On Sundays, the Loopring decreases in value on average with -0.71%. On most of the Sundays the Loopring decreases in value between -2.05% and 0.64%. The uncertainty (1.34%) is higher than the average decline percentage (-0.71%). Therefore, expected range of price changes of the Loopring on Sundays is large.
The expected range of change of the Loopring for an average Monday is between 0.26% and 1.06%. This is the result of an average increase in value of 0.66% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.
On an average Tuesday, the Loopring increased 0.33%. However, since the expected deviation is 1.02%, the Loopring will decline in value on a Tuesday quiet regularly. The expected price change of the Loopring on a Tuesday is between -0.70% and 1.35%.
The expected range of change of the Loopring for an average Wednesday is between 0.33% and 1.29%. This is the result of an average increase in value of 0.81% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.
Loopring increased in value on an average Thursday only slightly. The average increase in value of the Loopring was 0.29%. Allthough the Loopring closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.38%). This means that on 68 percent of the Thursdays, the change in price of the Loopring is expected to be in the range of -0.08% and 0.67%.
Historical performance on Friday do not show an increase in value of the Loopring on which a prediction can be made. The Loopring increased in value on average on an average Friday with 0.61%. However, the uncertainty of this increase is high. The expected change in value of the Loopring on a Friday is between -0.24% and 1.46% (see also the table below).
Loopring increased in value on an average Saturday only slightly. The average increase in value of the Loopring was 0.10%. Allthough the Loopring closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.94%). This means that on 68 percent of the Saturdays, the change in price of the Loopring is expected to be in the range of -0.84% and 1.04%.
Loopring weekday performance details
Find below the details of the performance of Loopring 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 | -0.71% | 1.34% | -2.05% to 0.64% |
| Monday | 0.66% | 0.40% | 0.26% to 1.06% |
| Tuesday | 0.33% | 1.02% | -0.70% to 1.35% |
| Wednesday | 0.81% | 0.48% | 0.33% to 1.29% |
| Thursday | 0.29% | 0.38% | -0.08% to 0.67% |
| Friday | 0.61% | 0.85% | -0.24% to 1.46% |
| Saturday | 0.10% | 0.94% | -0.84% to 1.04% |