Paxos Standard Token (PAX)

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Daily analysis of Paxos Standard Token (PAX) - all

The performance of Paxos Standard Token regarding the price differs every day. To make the best decision to buy Paxos Standard Token, we are analysis in this article the performance of Paxos Standard Token on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on October 10th, 2018 to September 26th, 2023.

In the barchart below, the weekdays and average performance of Paxos Standard Token are shown side by side.

Average daily change in price of Paxos Standard Token per weekday between 10/10/2018 and 09/26/2023.

According to the performance of Paxos Standard Token between October 10th, 2018 and September 26th, 2023, Paxos Standard Token performed the best on Thursdays. On average, the price of Paxos Standard Token increased 18.15% on Thursday.

The weekday on which the Paxos Standard Token performed the worst, is Friday. On Fridays, the Paxos Standard Token rose in value on average by 17.20%. The price still increased on Fridays, allthough it was the smallest increase of all days on average.

Paxos Standard Token weekday performance

The increase in value of the Paxos Standard Token is 18.03% on an average Sunday. However, the uncertainty on the average change is high for the Paxos Standard Token on Sundays. This is the reason why an expected increase of the Paxos Standard Token on an average Sunday cannot be predicted. The standard deviation for Paxos Standard Token on Sundays is high, namely 56.90%. This means that the expected range of value change for the Paxos Standard Token is -38.86% and 74.93% on 68% of the Sundays.

The increase in value of the Paxos Standard Token is 18.01% on an average Monday. However, the uncertainty on the average change is high for the Paxos Standard Token on Mondays. This is the reason why an expected increase of the Paxos Standard Token on an average Monday cannot be predicted. The standard deviation for Paxos Standard Token on Mondays is high, namely 56.64%. This means that the expected range of value change for the Paxos Standard Token is -38.63% and 74.64% on 68% of the Mondays.

The increase in value of the Paxos Standard Token is 17.98% on an average Tuesday. However, the uncertainty on the average change is high for the Paxos Standard Token on Tuesdays. This is the reason why an expected increase of the Paxos Standard Token on an average Tuesday cannot be predicted. The standard deviation for Paxos Standard Token on Tuesdays is high, namely 56.69%. This means that the expected range of value change for the Paxos Standard Token is -38.71% and 74.67% on 68% of the Tuesdays.

The increase in value of the Paxos Standard Token is 18.01% on an average Wednesday. However, the uncertainty on the average change is high for the Paxos Standard Token on Wednesdays. This is the reason why an expected increase of the Paxos Standard Token on an average Wednesday cannot be predicted. The standard deviation for Paxos Standard Token on Wednesdays is high, namely 56.85%. This means that the expected range of value change for the Paxos Standard Token is -38.84% and 74.85% on 68% of the Wednesdays.

The increase in value of the Paxos Standard Token is 18.15% on an average Thursday. However, the uncertainty on the average change is high for the Paxos Standard Token on Thursdays. This is the reason why an expected increase of the Paxos Standard Token on an average Thursday cannot be predicted. The standard deviation for Paxos Standard Token on Thursdays is high, namely 56.95%. This means that the expected range of value change for the Paxos Standard Token is -38.80% and 75.10% on 68% of the Thursdays.

The increase in value of the Paxos Standard Token is 17.20% on an average Friday. However, the uncertainty on the average change is high for the Paxos Standard Token on Fridays. This is the reason why an expected increase of the Paxos Standard Token on an average Friday cannot be predicted. The standard deviation for Paxos Standard Token on Fridays is high, namely 55.79%. This means that the expected range of value change for the Paxos Standard Token is -38.58% and 72.99% on 68% of the Fridays.

The increase in value of the Paxos Standard Token is 18.09% on an average Saturday. However, the uncertainty on the average change is high for the Paxos Standard Token on Saturdays. This is the reason why an expected increase of the Paxos Standard Token on an average Saturday cannot be predicted. The standard deviation for Paxos Standard Token on Saturdays is high, namely 56.84%. This means that the expected range of value change for the Paxos Standard Token is -38.75% and 74.93% on 68% of the Saturdays.

Paxos Standard Token weekday performance details

Find below the details of the performance of Paxos Standard Token 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 18.03% 56.90% -38.86% to 74.93%
Monday 18.01% 56.64% -38.63% to 74.64%
Tuesday 17.98% 56.69% -38.71% to 74.67%
Wednesday 18.01% 56.85% -38.84% to 74.85%
Thursday 18.15% 56.95% -38.80% to 75.10%
Friday 17.20% 55.79% -38.58% to 72.99%
Saturday 18.09% 56.84% -38.75% to 74.93%
 

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