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 year, starting on December 10th, 2021 to December 10th, 2022.
In the barchart below, the weekdays and average performance of QASH are shown side by side.
According to the performance of QASH between December 10th, 2021 and December 10th, 2022, 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 Friday. On Fridays, the QASH declined in value on average by -0.63%.
QASH weekday performance
It is hard to tell whether the QASH will increase or decrease in value on an average Sunday. The average change on a Sunday for the QASH is -0.29%. However, the standard deviation on this weekday is 1.95%. This means that on most Sundays, the change in value of the QASH is between -2.24% and 1.65%.
QASH increased in value on an average Monday only slightly. The average increase in value of the QASH was 0.27%. Allthough the QASH closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.96%). This means that on 68 percent of the Mondays, the change in price of the QASH is expected to be in the range of -3.69% and 4.22%.
It is hard to tell whether the QASH will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the QASH is -0.02%. However, the standard deviation on this weekday is 1.57%. This means that on most Tuesdays, the change in value of the QASH is between -1.59% and 1.55%.
On an average Wednesday, the QASH increased 0.55%. However, since the expected deviation is 2.84%, the QASH will decline in value on a Wednesday quiet regularly. The expected price change of the QASH on a Wednesday is between -2.29% and 3.38%.
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 -4.00% and 6.29%. Therefore it is hard to tell whether an average Thursday is a good day to start buying QASHs.
On Fridays, the QASH decreases in value on average with -0.63%. On most of the Fridays the QASH decreases in value between -4.73% and 3.47%. The uncertainty (4.10%) is higher than the average decline percentage (-0.63%). Therefore, expected range of price changes of the QASH on Fridays is large.
Allthough the QASH decreases in value with -0.58% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of QASH on Saturdays is 2.95%. This means that the expected change of the value of QASH is between -3.53% and 2.37% on 68 out of 100 Saturdays.
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||-0.29%||1.95%||-2.24% to 1.65%|
|Monday||0.27%||3.96%||-3.69% to 4.22%|
|Tuesday||-0.02%||1.57%||-1.59% to 1.55%|
|Wednesday||0.55%||2.84%||-2.29% to 3.38%|
|Thursday||1.14%||5.15%||-4.00% to 6.29%|
|Friday||-0.63%||4.10%||-4.73% to 3.47%|
|Saturday||-0.58%||2.95%||-3.53% to 2.37%|