Paxos Standard Token (PAX)

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Daily analysis of Paxos Standard Token (PAX) - 6 months

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 6 months, starting on June 20th, 2022 to December 10th, 2022.

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 06/20/2022 and 12/10/2022.

According to the performance of Paxos Standard Token between June 20th, 2022 and December 10th, 2022, Paxos Standard Token performed the best on Thursdays. On average, the price of Paxos Standard Token increased 165.96% on Thursday.

The weekday on which the Paxos Standard Token performed the worst, is Tuesday. On Tuesdays, the Paxos Standard Token rose in value on average by 157.16%. The price still increased on Tuesdays, allthough it was the smallest increase of all days on average.

Paxos Standard Token weekday performance

On Sundays, the average increase of the value of the Paxos Standard Token is very high. The average increase is 163.67%. The standard deviation of the Paxos Standard Token on Sundays is 73.99%. This means that on 68% of the Sundays, the Paxos Standard Token increases between 89.69% and 237.66%. The uncertainty is therefore not very high, since on most Sundays, the value of the Paxos Standard Token will increase.

On Mondays, the average increase of the value of the Paxos Standard Token is very high. The average increase is 157.33%. The standard deviation of the Paxos Standard Token on Mondays is 78.01%. This means that on 68% of the Mondays, the Paxos Standard Token increases between 79.32% and 235.33%. The uncertainty is therefore not very high, since on most Mondays, the value of the Paxos Standard Token will increase.

On Tuesdays, the average increase of the value of the Paxos Standard Token is very high. The average increase is 157.16%. The standard deviation of the Paxos Standard Token on Tuesdays is 78.66%. This means that on 68% of the Tuesdays, the Paxos Standard Token increases between 78.50% and 235.82%. The uncertainty is therefore not very high, since on most Tuesdays, the value of the Paxos Standard Token will increase.

On Wednesdays, the average increase of the value of the Paxos Standard Token is very high. The average increase is 157.79%. The standard deviation of the Paxos Standard Token on Wednesdays is 78.61%. This means that on 68% of the Wednesdays, the Paxos Standard Token increases between 79.18% and 236.40%. The uncertainty is therefore not very high, since on most Wednesdays, the value of the Paxos Standard Token will increase.

On Thursdays, the average increase of the value of the Paxos Standard Token is very high. The average increase is 165.96%. The standard deviation of the Paxos Standard Token on Thursdays is 71.20%. This means that on 68% of the Thursdays, the Paxos Standard Token increases between 94.76% and 237.15%. The uncertainty is therefore not very high, since on most Thursdays, the value of the Paxos Standard Token will increase.

On Fridays, the average increase of the value of the Paxos Standard Token is very high. The average increase is 157.26%. The standard deviation of the Paxos Standard Token on Fridays is 78.88%. This means that on 68% of the Fridays, the Paxos Standard Token increases between 78.38% and 236.14%. The uncertainty is therefore not very high, since on most Fridays, the value of the Paxos Standard Token will increase.

On Saturdays, the average increase of the value of the Paxos Standard Token is very high. The average increase is 165.18%. The standard deviation of the Paxos Standard Token on Saturdays is 71.79%. This means that on 68% of the Saturdays, the Paxos Standard Token increases between 93.39% and 236.97%. The uncertainty is therefore not very high, since on most Saturdays, the value of the Paxos Standard Token will increase.

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 163.67% 73.99% 89.69% to 237.66%
Monday 157.33% 78.01% 79.32% to 235.33%
Tuesday 157.16% 78.66% 78.50% to 235.82%
Wednesday 157.79% 78.61% 79.18% to 236.40%
Thursday 165.96% 71.20% 94.76% to 237.15%
Friday 157.26% 78.88% 78.38% to 236.14%
Saturday 165.18% 71.79% 93.39% to 236.97%
 

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