Siacoin (SC)

Current price: $ 0.005535

24 hours price change: $ 0.000240 (4.54%)

Daily analysis of Siacoin (SC) - 6 months

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 6 months, starting on November 23rd, 2021 to May 23rd, 2022.

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 11/23/2021 and 05/23/2022.

According to the performance of Siacoin between November 23rd, 2021 and May 23rd, 2022, Siacoin performed the best on Thursdays. On average, the price of Siacoin increased 0.19% on Thursday.

The weekday on which the Siacoin performed the worst, is Friday. On Fridays, the Siacoin declined in value on average by -0.38%.

Siacoin weekday performance

Siacoin increased in value on an average Sunday only slightly. The average increase in value of the Siacoin was 0.12%. Allthough the Siacoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.49%). This means that on 68 percent of the Sundays, the change in price of the Siacoin is expected to be in the range of -1.37% and 1.60%.

Allthough the Siacoin decreases in value with -0.38% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Siacoin on Mondays is 1.71%. This means that the expected change of the value of Siacoin is between -2.08% and 1.33% on 68 out of 100 Mondays.

Allthough the Siacoin decreases in value with -0.32% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Siacoin on Tuesdays is 2.06%. This means that the expected change of the value of Siacoin is between -2.38% and 1.73% on 68 out of 100 Tuesdays.

Siacoin increased in value on an average Wednesday only slightly. The average increase in value of the Siacoin was 0.08%. Allthough the Siacoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.96%). This means that on 68 percent of the Wednesdays, the change in price of the Siacoin is expected to be in the range of -0.88% and 1.04%.

Siacoin increased in value on an average Thursday only slightly. The average increase in value of the Siacoin was 0.19%. Allthough the Siacoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.91%). This means that on 68 percent of the Thursdays, the change in price of the Siacoin is expected to be in the range of -0.72% and 1.11%.

Allthough the Siacoin decreases in value with -0.38% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Siacoin on Fridays is 1.78%. This means that the expected change of the value of Siacoin is between -2.16% and 1.39% on 68 out of 100 Fridays.

It is hard to tell whether the Siacoin will increase or decrease in value on an average Saturday. The average change on a Saturday for the Siacoin is -0.20%. However, the standard deviation on this weekday is 2.60%. This means that on most Saturdays, the change in value of the Siacoin is between -2.80% and 2.40%.

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.

Weekday Average change (%) Standard deviation (%) 68% range
Sunday 0.12% 1.49% -1.37% to 1.60%
Monday -0.38% 1.71% -2.08% to 1.33%
Tuesday -0.32% 2.06% -2.38% to 1.73%
Wednesday 0.08% 0.96% -0.88% to 1.04%
Thursday 0.19% 0.91% -0.72% to 1.11%
Friday -0.38% 1.78% -2.16% to 1.39%
Saturday -0.20% 2.60% -2.80% to 2.40%
 

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