The performance of QASH regarding the price differs every day. To make the best decision to buy QASH, we are analysis in this article the performance of QASH on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on May 3rd, 2023 to June 3rd, 2023.
In the barchart below, the weekdays and average performance of QASH are shown side by side.
According to the performance of QASH between May 3rd, 2023 and June 3rd, 2023, QASH performed the best on Thursdays. On average, the price of QASH increased 1.14% on Thursday.
The weekday on which the QASH performed the worst, is Wednesday. On Wednesdays, the QASH declined in value on average by -1.00%.
QASH weekday performance
Allthough the QASH decreases in value with -0.59% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of QASH on Sundays is 1.03%. This means that the expected change of the value of QASH is between -1.62% and 0.44% on 68 out of 100 Sundays.
It is hard to tell whether the QASH will increase or decrease in value on an average Monday. The average change on a Monday for the QASH is -0.08%. However, the standard deviation on this weekday is 0.13%. This means that on most Mondays, the change in value of the QASH is between -0.21% and 0.05%.
Allthough the QASH decreases in value with -0.57% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of QASH on Tuesdays is 0.99%. This means that the expected change of the value of QASH is between -1.56% and 0.42% on 68 out of 100 Tuesdays.
On Wednesdays, the QASH decreases in value on average with -1.00%. On most of the Wednesdays the QASH decreases in value between -3.24% and 1.24%. The uncertainty (2.24%) is higher than the average decline percentage (-1.00%). Therefore, expected range of price changes of the QASH on Wednesdays is large.
On an average Thursday the QASH shows an increase in value of 1.14%. However, the change of QASH on most of the Thursdays is between -0.81% and 3.09%. Therefore it is hard to tell whether an average Thursday is a good day to start buying QASHs.
It is hard to tell whether the QASH will increase or decrease in value on an average Friday. The average change on a Friday for the QASH is -0.06%. However, the standard deviation on this weekday is 0.15%. This means that on most Fridays, the change in value of the QASH is between -0.21% and 0.09%.
On an average Saturday, the QASH increased 0.58%. However, since the expected deviation is 0.70%, the QASH will decline in value on a Saturday quiet regularly. The expected price change of the QASH on a Saturday is between -0.13% and 1.28%.
QASH weekday performance details
Find below the details of the performance of QASH 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||-0.59%||1.03%||-1.62% to 0.44%|
|Monday||-0.08%||0.13%||-0.21% to 0.05%|
|Tuesday||-0.57%||0.99%||-1.56% to 0.42%|
|Wednesday||-1.00%||2.24%||-3.24% to 1.24%|
|Thursday||1.14%||1.95%||-0.81% to 3.09%|
|Friday||-0.06%||0.15%||-0.21% to 0.09%|
|Saturday||0.58%||0.70%||-0.13% to 1.28%|