Project Pai (PAI)

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Daily analysis of Project Pai (PAI) - 1 month

The performance of Project Pai regarding the price differs every day. To make the best decision to buy Project Pai, we are analysis in this article the performance of Project Pai on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on December 24th, 2020 to January 16th, 2021.

In the barchart below, the weekdays and average performance of Project Pai are shown side by side.

Average daily change in price of Project Pai per weekday between 12/24/2020 and 01/16/2021.

According to the performance of Project Pai between December 24th, 2020 and January 16th, 2021, Project Pai performed the best on Wednesdays. On average, the price of Project Pai increased 5.52% on Wednesday.

The weekday on which the Project Pai performed the worst, is Sunday. On Sundays, the Project Pai declined in value on average by -2.04%.

Project Pai weekday performance

The Project Pai declines in value on an average Sunday with -2.04%. However, the uncertainty (or standard deviation) is quite large, namely 3.76%. This means that it is not possible to say whether on a regular Sunday the Project Pai will increase or decrease in value.

Historical performance on Monday do not show an increase in value of the Project Pai on which a prediction can be made. The Project Pai increased in value on average on an average Monday with 0.72%. However, the uncertainty of this increase is high. The expected change in value of the Project Pai on a Monday is between -2.74% and 4.19% (see also the table below).

On an average Tuesday, the Project Pai increased 0.52%. However, since the expected deviation is 1.57%, the Project Pai will decline in value on a Tuesday quiet regularly. The expected price change of the Project Pai on a Tuesday is between -1.06% and 2.09%.

The increase in value of the Project Pai is 5.52% on an average Wednesday. However, the uncertainty on the average change is high for the Project Pai on Wednesdays. This is the reason why an expected increase of the Project Pai on an average Wednesday cannot be predicted. The standard deviation for Project Pai on Wednesdays is high, namely 8.31%. This means that the expected range of value change for the Project Pai is -2.78% and 13.83% on 68% of the Wednesdays.

Allthough the Project Pai decreases in value with -0.56% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Project Pai on Thursdays is 1.15%. This means that the expected change of the value of Project Pai is between -1.72% and 0.59% on 68 out of 100 Thursdays.

On Fridays, the Project Pai decreases in value on average with -0.66%. On most of the Fridays the Project Pai decreases in value between -1.87% and 0.55%. The uncertainty (1.21%) is higher than the average decline percentage (-0.66%). Therefore, expected range of price changes of the Project Pai on Fridays is large.

On an average Saturday, the Project Pai increased 0.42%. However, since the expected deviation is 0.46%, the Project Pai will decline in value on a Saturday quiet regularly. The expected price change of the Project Pai on a Saturday is between -0.03% and 0.88%.

Project Pai weekday performance details

Find below the details of the performance of Project Pai 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 -2.04% 3.76% -5.80% to 1.72%
Monday 0.72% 3.47% -2.74% to 4.19%
Tuesday 0.52% 1.57% -1.06% to 2.09%
Wednesday 5.52% 8.31% -2.78% to 13.83%
Thursday -0.56% 1.15% -1.72% to 0.59%
Friday -0.66% 1.21% -1.87% to 0.55%
Saturday 0.42% 0.46% -0.03% to 0.88%
 

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