Paxos Standard Token (PAX)

Current price: $ 1.00

24 hours price change: $ 0.03 (2.81%)

Daily analysis of Paxos Standard Token (PAX) - 1 year

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 1 year, starting on October 10th, 2018 to September 21st, 2019.

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 09/21/2019.

According to the performance of Paxos Standard Token between October 10th, 2018 and September 21st, 2019, Paxos Standard Token performed the best on Thursdays. On average, the price of Paxos Standard Token increased 0.25% on Thursday.

The weekday on which the Paxos Standard Token performed the worst, is Wednesday. On Wednesdays, the Paxos Standard Token declined in value on average by -0.37%.

Paxos Standard Token weekday performance

It is hard to tell whether the Paxos Standard Token will increase or decrease in value on an average Sunday. The average change on a Sunday for the Paxos Standard Token is -0.06%. However, the standard deviation on this weekday is 0.59%. This means that on most Sundays, the change in value of the Paxos Standard Token is between -0.65% and 0.53%.

It is hard to tell whether the Paxos Standard Token will increase or decrease in value on an average Monday. The average change on a Monday for the Paxos Standard Token is -0.01%. However, the standard deviation on this weekday is 0.62%. This means that on most Mondays, the change in value of the Paxos Standard Token is between -0.63% and 0.61%.

It is hard to tell whether the Paxos Standard Token will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Paxos Standard Token is -0.04%. However, the standard deviation on this weekday is 0.50%. This means that on most Tuesdays, the change in value of the Paxos Standard Token is between -0.53% and 0.46%.

Allthough the Paxos Standard Token decreases in value with -0.37% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Paxos Standard Token on Wednesdays is 2.19%. This means that the expected change of the value of Paxos Standard Token is between -2.56% and 1.83% on 68 out of 100 Wednesdays.

Paxos Standard Token increased in value on an average Thursday only slightly. The average increase in value of the Paxos Standard Token was 0.25%. Allthough the Paxos Standard Token closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.20%). This means that on 68 percent of the Thursdays, the change in price of the Paxos Standard Token is expected to be in the range of -0.95% and 1.45%.

Paxos Standard Token increased in value on an average Friday only slightly. The average increase in value of the Paxos Standard Token was 0.03%. Allthough the Paxos Standard Token closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.56%). This means that on 68 percent of the Fridays, the change in price of the Paxos Standard Token is expected to be in the range of -0.53% and 0.58%.

Paxos Standard Token increased in value on an average Saturday only slightly. The average increase in value of the Paxos Standard Token was 0.07%. Allthough the Paxos Standard Token closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.46%). This means that on 68 percent of the Saturdays, the change in price of the Paxos Standard Token is expected to be in the range of -0.39% and 0.53%.

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 -0.06% 0.59% -0.65% to 0.53%
Monday -0.01% 0.62% -0.63% to 0.61%
Tuesday -0.04% 0.50% -0.53% to 0.46%
Wednesday -0.37% 2.19% -2.56% to 1.83%
Thursday 0.25% 1.20% -0.95% to 1.45%
Friday 0.03% 0.56% -0.53% to 0.58%
Saturday 0.07% 0.46% -0.39% to 0.53%