MineBee (MB)

Current price: $ 0.000193

24 hours price change: - (-)

Daily analysis of MineBee (MB) - all

The performance of MineBee regarding the price differs every day. To make the best decision to buy MineBee, we are analysis in this article the performance of MineBee on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on April 1st, 2020 to June 5th, 2020.

In the barchart below, the weekdays and average performance of MineBee are shown side by side.

Average daily change in price of MineBee per weekday between 04/01/2020 and 06/05/2020.

According to the performance of MineBee between April 1st, 2020 and June 5th, 2020, MineBee performed the best on Thursdays. On average, the price of MineBee increased 2.24% on Thursday.

The weekday on which the MineBee performed the worst, is Tuesday. On Tuesdays, the MineBee declined in value on average by -2.40%.

MineBee weekday performance

The MineBee declines in value on an average Sunday with -1.80%. However, the uncertainty (or standard deviation) is quite large, namely 5.00%. This means that it is not possible to say whether on a regular Sunday the MineBee will increase or decrease in value.

MineBee increased in value on an average Monday only slightly. The average increase in value of the MineBee was 0.14%. Allthough the MineBee closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.27%). This means that on 68 percent of the Mondays, the change in price of the MineBee is expected to be in the range of -0.13% and 0.42%.

The MineBee declines in value on an average Tuesday with -2.40%. However, the uncertainty (or standard deviation) is quite large, namely 7.04%. This means that it is not possible to say whether on a regular Tuesday the MineBee will increase or decrease in value.

It is hard to tell whether the MineBee will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the MineBee is -0.29%. However, the standard deviation on this weekday is 1.31%. This means that on most Wednesdays, the change in value of the MineBee is between -1.60% and 1.01%.

On an average Thursday the MineBee shows an increase in value of 2.24%. However, the change of MineBee on most of the Thursdays is between -4.58% and 9.05%. Therefore it is hard to tell whether an average Thursday is a good day to start buying MineBees.

Historical performance on Friday do not show an increase in value of the MineBee on which a prediction can be made. The MineBee increased in value on average on an average Friday with 0.74%. However, the uncertainty of this increase is high. The expected change in value of the MineBee on a Friday is between -5.27% and 6.75% (see also the table below).

It is hard to tell whether the MineBee will increase or decrease in value on an average Saturday. The average change on a Saturday for the MineBee is -0.02%. However, the standard deviation on this weekday is 0.42%. This means that on most Saturdays, the change in value of the MineBee is between -0.43% and 0.40%.

MineBee weekday performance details

Find below the details of the performance of MineBee 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 -1.80% 5.00% -6.81% to 3.20%
Monday 0.14% 0.27% -0.13% to 0.42%
Tuesday -2.40% 7.04% -9.44% to 4.65%
Wednesday -0.29% 1.31% -1.60% to 1.01%
Thursday 2.24% 6.82% -4.58% to 9.05%
Friday 0.74% 6.01% -5.27% to 6.75%
Saturday -0.02% 0.42% -0.43% to 0.40%
 

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