MineBee (MB)

Current price: $ 0.000287

24 hours price change: - (-)

Daily analysis of MineBee (MB) - 1 month

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 1 month, starting on May 3rd, 2020 to June 2nd, 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 05/03/2020 and 06/02/2020.

According to the performance of MineBee between May 3rd, 2020 and June 2nd, 2020, MineBee performed the best on Sundays. On average, the price of MineBee increased 0.05% on Sunday.

The weekday on which the MineBee performed the worst, is Tuesday. On Tuesdays, the MineBee declined in value on average by -4.46%.

MineBee weekday performance

MineBee increased in value on an average Sunday only slightly. The average increase in value of the MineBee was 0.05%. 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 (0.40%). This means that on 68 percent of the Sundays, the change in price of the MineBee is expected to be in the range of -0.35% and 0.45%.

MineBee increased in value on an average Monday only slightly. The average increase in value of the MineBee was 0.03%. 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 (0.13%). This means that on 68 percent of the Mondays, the change in price of the MineBee is expected to be in the range of -0.10% and 0.16%.

The decrease in value of the MineBee is -4.46% on an average Tuesday. The uncertainty of the average change is high for the MineBee on Tuesdays. This means that it is hard to tell whether the MineBee will decrease or increase in value on an average Tuesday. If we look at the 68% range of the MineBee, we see that on 68% of the Tuesdays, the expected change of the MineBee is between -13.38% and 4.46%.

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 -0.08%. However, the standard deviation on this weekday is 0.22%. This means that on most Wednesdays, the change in value of the MineBee is between -0.30% and 0.14%.

MineBee increased in value on an average Thursday only slightly. The average increase in value of the MineBee was 0.04%. 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 (0.21%). This means that on 68 percent of the Thursdays, the change in price of the MineBee is expected to be in the range of -0.17% and 0.24%.

Allthough the MineBee decreases in value with -0.36% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of MineBee on Fridays is 8.25%. This means that the expected change of the value of MineBee is between -8.61% and 7.89% on 68 out of 100 Fridays.

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 -0.13%. However, the standard deviation on this weekday is 0.16%. This means that on most Saturdays, the change in value of the MineBee is between -0.29% and 0.04%.

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 0.05% 0.40% -0.35% to 0.45%
Monday 0.03% 0.13% -0.10% to 0.16%
Tuesday -4.46% 8.92% -13.38% to 4.46%
Wednesday -0.08% 0.22% -0.30% to 0.14%
Thursday 0.04% 0.21% -0.17% to 0.24%
Friday -0.36% 8.25% -8.61% to 7.89%
Saturday -0.13% 0.16% -0.29% to 0.04%
 

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