Siacoin (SC)

Current price: $ 0.0026

24 hours price change: $ 0.00003612 (1.43%)

Daily analysis of Siacoin (SC) - 1 year

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 year, starting on December 9th, 2017 to December 8th, 2018.

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 12/09/2017 and 12/08/2018.

According to the performance of Siacoin between December 9th, 2017 and December 8th, 2018, Siacoin performed the best on Fridays. On average, the price of Siacoin increased inf% on Friday.

The weekday on which the Siacoin performed the worst, is Sunday. On Sundays, the Siacoin declined in value on average by -0.75%.

Siacoin weekday performance

On Sundays, the Siacoin decreases in value on average with -0.75%. On most of the Sundays the Siacoin decreases in value between -4.07% and 2.57%. The uncertainty (3.32%) is higher than the average decline percentage (-0.75%). Therefore, expected range of price changes of the Siacoin on Sundays is large.

It is hard to tell whether the Siacoin will increase or decrease in value on an average Monday. The average change on a Monday for the Siacoin is -0.05%. However, the standard deviation on this weekday is 5.72%. This means that on most Mondays, the change in value of the Siacoin is between -5.77% and 5.68%.

On an average Tuesday the Siacoin shows an increase in value of 1.38%. However, the change of Siacoin on most of the Tuesdays is between -7.91% and 10.67%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Siacoins.

Historical performance on Wednesday do not show an increase in value of the Siacoin on which a prediction can be made. The Siacoin increased in value on average on an average Wednesday with 0.99%. However, the uncertainty of this increase is high. The expected change in value of the Siacoin on a Wednesday is between -3.07% and 5.05% (see also the table below).

On an average Thursday, the Siacoin increased 0.47%. However, since the expected deviation is 6.51%, the Siacoin will decline in value on a Thursday quiet regularly. The expected price change of the Siacoin on a Thursday is between -6.05% and 6.98%.

On Fridays, the average increase of the value of the Siacoin is very high. The average increase is inf%. The standard deviation of the Siacoin on Fridays is nan%. This means that on 68% of the Fridays, the Siacoin increases between nan% and nan%. The uncertainty is therefore not very high, since on most Fridays, the value of the Siacoin will increase.

Historical performance on Saturday do not show an increase in value of the Siacoin on which a prediction can be made. The Siacoin increased in value on average on an average Saturday with 0.68%. However, the uncertainty of this increase is high. The expected change in value of the Siacoin on a Saturday is between -4.91% and 6.27% (see also the table below).

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-0.75%3.32%-4.07% to 2.57%
Monday-0.05%5.72%-5.77% to 5.68%
Tuesday1.38%9.29%-7.91% to 10.67%
Wednesday0.99%4.06%-3.07% to 5.05%
Thursday0.47%6.51%-6.05% to 6.98%
Fridayinf%nan%nan% to nan%
Saturday0.68%5.59%-4.91% to 6.27%