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 year, starting on January 28th, 2021 to January 28th, 2022.
In the barchart below, the weekdays and average performance of Project Pai are shown side by side.
According to the performance of Project Pai between January 28th, 2021 and January 28th, 2022, Project Pai performed the best on Thursdays. On average, the price of Project Pai increased 2.13% on Thursday.
The weekday on which the Project Pai performed the worst, is Wednesday. On Wednesdays, the Project Pai declined in value on average by -0.62%.
Project Pai weekday performance
Project Pai increased in value on an average Sunday only slightly. The average increase in value of the Project Pai was 0.00%. Allthough the Project Pai closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (5.53%). This means that on 68 percent of the Sundays, the change in price of the Project Pai is expected to be in the range of -5.53% and 5.53%.
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 0.68%. However, the uncertainty of this increase is high. The expected change in value of the Project Pai on a Monday is between -4.25% and 5.61% (see also the table below).
On an average Tuesday the Project Pai shows an increase in value of 1.31%. However, the change of Project Pai on most of the Tuesdays is between -11.22% and 13.83%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Project Pais.
On Wednesdays, the Project Pai decreases in value on average with -0.62%. On most of the Wednesdays the Project Pai decreases in value between -4.07% and 2.83%. The uncertainty (3.45%) is higher than the average decline percentage (-0.62%). Therefore, expected range of price changes of the Project Pai on Wednesdays is large.
On an average Thursday the Project Pai shows an increase in value of 2.13%. However, the change of Project Pai on most of the Thursdays is between -6.46% and 10.72%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Project Pais.
It is hard to tell whether the Project Pai will increase or decrease in value on an average Friday. The average change on a Friday for the Project Pai is -0.07%. However, the standard deviation on this weekday is 5.49%. This means that on most Fridays, the change in value of the Project Pai is between -5.56% and 5.42%.
On an average Saturday, the Project Pai increased 0.53%. However, since the expected deviation is 3.89%, 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 -3.37% and 4.42%.
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||0.00%||5.53%||-5.53% to 5.53%|
|Monday||0.68%||4.93%||-4.25% to 5.61%|
|Tuesday||1.31%||12.53%||-11.22% to 13.83%|
|Wednesday||-0.62%||3.45%||-4.07% to 2.83%|
|Thursday||2.13%||8.59%||-6.46% to 10.72%|
|Friday||-0.07%||5.49%||-5.56% to 5.42%|
|Saturday||0.53%||3.89%||-3.37% to 4.42%|