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 6 months, starting on March 24th, 2023 to September 24th, 2023.
In the barchart below, the weekdays and average performance of Loopring are shown side by side.
According to the performance of Loopring between March 24th, 2023 and September 24th, 2023, Loopring performed the best on Sundays. On average, the price of Loopring increased 0.12% on Sunday.
The weekday on which the Loopring performed the worst, is Friday. On Fridays, the Loopring declined in value on average by -0.07%.
Loopring weekday performance
Loopring increased in value on an average Sunday only slightly. The average increase in value of the Loopring was 0.12%. 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 (0.31%). This means that on 68 percent of the Sundays, the change in price of the Loopring is expected to be in the range of -0.20% and 0.43%.
It is hard to tell whether the Loopring will increase or decrease in value on an average Monday. The average change on a Monday for the Loopring is -0.02%. However, the standard deviation on this weekday is 0.15%. This means that on most Mondays, the change in value of the Loopring is between -0.17% and 0.14%.
Loopring increased in value on an average Tuesday only slightly. The average increase in value of the Loopring was 0.06%. 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 (0.22%). This means that on 68 percent of the Tuesdays, the change in price of the Loopring is expected to be in the range of -0.15% and 0.28%.
Loopring increased in value on an average Wednesday only slightly. The average increase in value of the Loopring was 0.02%. 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 (0.12%). This means that on 68 percent of the Wednesdays, the change in price of the Loopring is expected to be in the range of -0.11% and 0.14%.
It is hard to tell whether the Loopring will increase or decrease in value on an average Thursday. The average change on a Thursday for the Loopring is 0.00%. However, the standard deviation on this weekday is 0.11%. This means that on most Thursdays, the change in value of the Loopring is between -0.11% and 0.11%.
It is hard to tell whether the Loopring will increase or decrease in value on an average Friday. The average change on a Friday for the Loopring is -0.07%. However, the standard deviation on this weekday is 0.25%. This means that on most Fridays, the change in value of the Loopring is between -0.32% and 0.19%.
Loopring increased in value on an average Saturday only slightly. The average increase in value of the Loopring was 0.04%. 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 (0.20%). This means that on 68 percent of the Saturdays, the change in price of the Loopring is expected to be in the range of -0.17% and 0.24%.
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 | 0.12% | 0.31% | -0.20% to 0.43% |
| Monday | -0.02% | 0.15% | -0.17% to 0.14% |
| Tuesday | 0.06% | 0.22% | -0.15% to 0.28% |
| Wednesday | 0.02% | 0.12% | -0.11% to 0.14% |
| Thursday | 0.00% | 0.11% | -0.11% to 0.11% |
| Friday | -0.07% | 0.25% | -0.32% to 0.19% |
| Saturday | 0.04% | 0.20% | -0.17% to 0.24% |