Siacoin (SC)

Current price: $ 0.0029

24 hours price change: $ -0.0002 (-7.14%)

Daily analysis of Siacoin (SC) - 1 month

The performance of Siacoin regarding the price differs every day. To make the best decision to buy Siacoin, we are analysis in this article the performance of Siacoin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on March 24th, 2019 to April 23rd, 2019.

In the barchart below, the weekdays and average performance of Siacoin are shown side by side.

Average daily change in price of Siacoin per weekday between 03/24/2019 and 04/23/2019.

According to the performance of Siacoin between March 24th, 2019 and April 23rd, 2019, Siacoin performed the best on Thursdays. On average, the price of Siacoin increased 0.83% on Thursday.

The weekday on which the Siacoin performed the worst, is Saturday. On Saturdays, the Siacoin declined in value on average by -0.94%.

Siacoin weekday performance

It is hard to tell whether the Siacoin will increase or decrease in value on an average Sunday. The average change on a Sunday for the Siacoin is -0.26%. However, the standard deviation on this weekday is 0.64%. This means that on most Sundays, the change in value of the Siacoin is between -0.90% and 0.38%.

On an average Monday, the Siacoin increased 0.34%. However, since the expected deviation is 1.16%, the Siacoin will decline in value on a Monday quiet regularly. The expected price change of the Siacoin on a Monday is between -0.82% and 1.49%.

On Tuesdays, the Siacoin decreases in value on average with -0.74%. On most of the Tuesdays the Siacoin decreases in value between -1.63% and 0.15%. The uncertainty (0.89%) is higher than the average decline percentage (-0.74%). Therefore, expected range of price changes of the Siacoin on Tuesdays is large.

On Wednesdays, the Siacoin decreases in value on average with -0.91%. On most of the Wednesdays the Siacoin decreases in value between -1.57% and -0.25%. The uncertainty (0.66%) is higher than the average decline percentage (-0.91%). Therefore, expected range of price changes of the Siacoin on Wednesdays is large.

The expected range of change of the Siacoin for an average Thursday is between 0.05% and 1.60%. This is the result of an average increase in value of 0.83% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.

It is hard to tell whether the Siacoin will increase or decrease in value on an average Friday. The average change on a Friday for the Siacoin is -0.19%. However, the standard deviation on this weekday is 0.71%. This means that on most Fridays, the change in value of the Siacoin is between -0.90% and 0.52%.

On Saturdays, the Siacoin decreases in value on average with -0.94%. On most of the Saturdays the Siacoin decreases in value between -1.70% and -0.19%. The uncertainty (0.76%) is higher than the average decline percentage (-0.94%). Therefore, expected range of price changes of the Siacoin on Saturdays is large.

Siacoin weekday performance details

Find below the details of the performance of Siacoin 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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday-0.26%0.64%-0.90% to 0.38%
Monday0.34%1.16%-0.82% to 1.49%
Tuesday-0.74%0.89%-1.63% to 0.15%
Wednesday-0.91%0.66%-1.57% to -0.25%
Thursday0.83%0.77%0.05% to 1.60%
Friday-0.19%0.71%-0.90% to 0.52%
Saturday-0.94%0.76%-1.70% to -0.19%