The performance of Sealchain regarding the price differs every day. To make the best decision to buy Sealchain, we are analysis in this article the performance of Sealchain on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on October 17th, 2018 to November 4th, 2020.
In the barchart below, the weekdays and average performance of Sealchain are shown side by side.
According to the performance of Sealchain between October 17th, 2018 and November 4th, 2020, Sealchain performed the best on Thursdays. On average, the price of Sealchain increased 1.28% on Thursday.
The weekday on which the Sealchain performed the worst, is Wednesday. On Wednesdays, the Sealchain declined in value on average by -1.40%.
Sealchain weekday performance
Sealchain increased in value on an average Sunday only slightly. The average increase in value of the Sealchain was 0.29%. Allthough the Sealchain closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (9.09%). This means that on 68 percent of the Sundays, the change in price of the Sealchain is expected to be in the range of -8.80% and 9.38%.
It is hard to tell whether the Sealchain will increase or decrease in value on an average Monday. The average change on a Monday for the Sealchain is -0.19%. However, the standard deviation on this weekday is 5.89%. This means that on most Mondays, the change in value of the Sealchain is between -6.08% and 5.70%.
On an average Tuesday, the Sealchain increased 0.41%. However, since the expected deviation is 6.09%, the Sealchain will decline in value on a Tuesday quiet regularly. The expected price change of the Sealchain on a Tuesday is between -5.68% and 6.50%.
The Sealchain declines in value on an average Wednesday with -1.40%. However, the uncertainty (or standard deviation) is quite large, namely 8.84%. This means that it is not possible to say whether on a regular Wednesday the Sealchain will increase or decrease in value.
On an average Thursday the Sealchain shows an increase in value of 1.28%. However, the change of Sealchain on most of the Thursdays is between -8.35% and 10.92%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Sealchains.
On an average Friday the Sealchain shows an increase in value of 1.06%. However, the change of Sealchain on most of the Fridays is between -10.65% and 12.77%. Therefore it is hard to tell whether an average Friday is a good day to start buying Sealchains.
Sealchain increased in value on an average Saturday only slightly. The average increase in value of the Sealchain was 0.06%. Allthough the Sealchain closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (7.38%). This means that on 68 percent of the Saturdays, the change in price of the Sealchain is expected to be in the range of -7.33% and 7.44%.
Sealchain weekday performance details
Find below the details of the performance of Sealchain 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% | 9.09% | -8.80% to 9.38% |
Monday | -0.19% | 5.89% | -6.08% to 5.70% |
Tuesday | 0.41% | 6.09% | -5.68% to 6.50% |
Wednesday | -1.40% | 8.84% | -10.25% to 7.44% |
Thursday | 1.28% | 9.64% | -8.35% to 10.92% |
Friday | 1.06% | 11.71% | -10.65% to 12.77% |
Saturday | 0.06% | 7.38% | -7.33% to 7.44% |