The performance of Plair regarding the price differs every day. To make the best decision to buy Plair, we are analysis in this article the performance of Plair on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 6 months, starting on July 28th, 2021 to January 28th, 2022.
In the barchart below, the weekdays and average performance of Plair are shown side by side.
According to the performance of Plair between July 28th, 2021 and January 28th, 2022, Plair performed the best on Mondays. On average, the price of Plair increased 5.21% on Monday.
The weekday on which the Plair performed the worst, is Thursday. On Thursdays, the Plair declined in value on average by -0.79%.
Plair weekday performance
Allthough the Plair decreases in value with -0.31% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Plair on Sundays is 7.63%. This means that the expected change of the value of Plair is between -7.94% and 7.31% on 68 out of 100 Sundays.
The increase in value of the Plair is 5.21% on an average Monday. However, the uncertainty on the average change is high for the Plair on Mondays. This is the reason why an expected increase of the Plair on an average Monday cannot be predicted. The standard deviation for Plair on Mondays is high, namely 28.87%. This means that the expected range of value change for the Plair is -23.66% and 34.08% on 68% of the Mondays.
Allthough the Plair decreases in value with -0.57% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Plair on Tuesdays is 5.09%. This means that the expected change of the value of Plair is between -5.66% and 4.52% on 68 out of 100 Tuesdays.
Plair increased in value on an average Wednesday only slightly. The average increase in value of the Plair was 0.29%. Allthough the Plair closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.52%). This means that on 68 percent of the Wednesdays, the change in price of the Plair is expected to be in the range of -1.23% and 1.81%.
On Thursdays, the Plair decreases in value on average with -0.79%. On most of the Thursdays the Plair decreases in value between -4.95% and 3.36%. The uncertainty (4.15%) is higher than the average decline percentage (-0.79%). Therefore, expected range of price changes of the Plair on Thursdays is large.
Plair increased in value on an average Friday only slightly. The average increase in value of the Plair was 0.24%. Allthough the Plair closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.99%). This means that on 68 percent of the Fridays, the change in price of the Plair is expected to be in the range of -2.76% and 3.23%.
On an average Saturday, the Plair increased 0.56%. However, since the expected deviation is 2.90%, the Plair will decline in value on a Saturday quiet regularly. The expected price change of the Plair on a Saturday is between -2.34% and 3.46%.
Plair weekday performance details
Find below the details of the performance of Plair 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||-0.31%||7.63%||-7.94% to 7.31%|
|Monday||5.21%||28.87%||-23.66% to 34.08%|
|Tuesday||-0.57%||5.09%||-5.66% to 4.52%|
|Wednesday||0.29%||1.52%||-1.23% to 1.81%|
|Thursday||-0.79%||4.15%||-4.95% to 3.36%|
|Friday||0.24%||2.99%||-2.76% to 3.23%|
|Saturday||0.56%||2.90%||-2.34% to 3.46%|