The performance of SOLVE regarding the price differs every day. To make the best decision to buy SOLVE, we are analysis in this article the performance of SOLVE on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on November 10th, 2022 to December 10th, 2022.
In the barchart below, the weekdays and average performance of SOLVE are shown side by side.
According to the performance of SOLVE between November 10th, 2022 and December 10th, 2022, SOLVE performed the best on Tuesdays. On average, the price of SOLVE increased 0.63% on Tuesday.
The weekday on which the SOLVE performed the worst, is Monday. On Mondays, the SOLVE declined in value on average by -0.70%.
SOLVE weekday performance
Allthough the SOLVE decreases in value with -0.45% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of SOLVE on Sundays is 1.32%. This means that the expected change of the value of SOLVE is between -1.77% and 0.87% on 68 out of 100 Sundays.
On Mondays, the SOLVE decreases in value on average with -0.70%. On most of the Mondays the SOLVE decreases in value between -1.61% and 0.20%. The uncertainty (0.91%) is higher than the average decline percentage (-0.70%). Therefore, expected range of price changes of the SOLVE on Mondays is large.
The expected range of change of the SOLVE for an average Tuesday is between 0.38% and 0.87%. This is the result of an average increase in value of 0.63% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.
SOLVE increased in value on an average Wednesday only slightly. The average increase in value of the SOLVE was 0.07%. Allthough the SOLVE closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.11%). This means that on 68 percent of the Wednesdays, the change in price of the SOLVE is expected to be in the range of -1.03% and 1.18%.
On an average Thursday, the SOLVE increased 0.53%. However, since the expected deviation is 2.01%, the SOLVE will decline in value on a Thursday quiet regularly. The expected price change of the SOLVE on a Thursday is between -1.48% and 2.54%.
It is hard to tell whether the SOLVE will increase or decrease in value on an average Friday. The average change on a Friday for the SOLVE is -0.21%. However, the standard deviation on this weekday is 0.55%. This means that on most Fridays, the change in value of the SOLVE is between -0.76% and 0.34%.
It is hard to tell whether the SOLVE will increase or decrease in value on an average Saturday. The average change on a Saturday for the SOLVE is -0.29%. However, the standard deviation on this weekday is 1.21%. This means that on most Saturdays, the change in value of the SOLVE is between -1.50% and 0.91%.
SOLVE weekday performance details
Find below the details of the performance of SOLVE 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||-0.45%||1.32%||-1.77% to 0.87%|
|Monday||-0.70%||0.91%||-1.61% to 0.20%|
|Tuesday||0.63%||0.24%||0.38% to 0.87%|
|Wednesday||0.07%||1.11%||-1.03% to 1.18%|
|Thursday||0.53%||2.01%||-1.48% to 2.54%|
|Friday||-0.21%||0.55%||-0.76% to 0.34%|
|Saturday||-0.29%||1.21%||-1.50% to 0.91%|