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 6 months, starting on August 9th, 2022 to February 9th, 2023.
In the barchart below, the weekdays and average performance of QASH are shown side by side.
According to the performance of QASH between August 9th, 2022 and February 9th, 2023, QASH performed the best on Wednesdays. On average, the price of QASH increased 19.72% on Wednesday.
The weekday on which the QASH performed the worst, is Friday. On Fridays, the QASH declined in value on average by -1.62%.
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 -0.22%. However, the standard deviation on this weekday is 2.43%. This means that on most Sundays, the change in value of the QASH is between -2.65% and 2.21%.
On an average Monday the QASH shows an increase in value of 1.27%. However, the change of QASH on most of the Mondays is between -2.13% and 4.67%. Therefore it is hard to tell whether an average Monday is a good day to start buying QASHs.
On Tuesdays, the QASH decreases in value on average with -0.62%. On most of the Tuesdays the QASH decreases in value between -7.05% and 5.81%. The uncertainty (6.43%) is higher than the average decline percentage (-0.62%). Therefore, expected range of price changes of the QASH on Tuesdays is large.
The increase in value of the QASH is 19.72% on an average Wednesday. However, the uncertainty on the average change is high for the QASH on Wednesdays. This is the reason why an expected increase of the QASH on an average Wednesday cannot be predicted. The standard deviation for QASH on Wednesdays is high, namely 84.96%. This means that the expected range of value change for the QASH is -65.24% and 104.67% on 68% of the Wednesdays.
QASH increased in value on an average Thursday only slightly. The average increase in value of the QASH was 0.01%. 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 (2.60%). This means that on 68 percent of the Thursdays, the change in price of the QASH is expected to be in the range of -2.60% and 2.61%.
The QASH declines in value on an average Friday with -1.62%. However, the uncertainty (or standard deviation) is quite large, namely 6.01%. This means that it is not possible to say whether on a regular Friday the QASH will increase or decrease in value.
QASH increased in value on an average Saturday only slightly. The average increase in value of the QASH was 0.05%. 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 (2.46%). This means that on 68 percent of the Saturdays, the change in price of the QASH is expected to be in the range of -2.41% and 2.52%.
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||-0.22%||2.43%||-2.65% to 2.21%|
|Monday||1.27%||3.40%||-2.13% to 4.67%|
|Tuesday||-0.62%||6.43%||-7.05% to 5.81%|
|Wednesday||19.72%||84.96%||-65.24% to 104.67%|
|Thursday||0.01%||2.60%||-2.60% to 2.61%|
|Friday||-1.62%||6.01%||-7.63% to 4.39%|
|Saturday||0.05%||2.46%||-2.41% to 2.52%|