SOLVE (SOLVE)

Current price: $ 0.18

24 hours price change: $ 0.005536 (3.23%)

Daily analysis of SOLVE (SOLVE) - 6 months

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 6 months, starting on December 5th, 2019 to June 4th, 2020.

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

Average daily change in price of SOLVE per weekday between 12/05/2019 and 06/04/2020.

According to the performance of SOLVE between December 5th, 2019 and June 4th, 2020, SOLVE performed the best on Saturdays. On average, the price of SOLVE increased 0.50% on Saturday.

The weekday on which the SOLVE performed the worst, is Tuesday. On Tuesdays, the SOLVE declined in value on average by -0.66%.

SOLVE weekday performance

It is hard to tell whether the SOLVE will increase or decrease in value on an average Sunday. The average change on a Sunday for the SOLVE is -0.27%. However, the standard deviation on this weekday is 3.08%. This means that on most Sundays, the change in value of the SOLVE is between -3.35% and 2.81%.

SOLVE increased in value on an average Monday only slightly. The average increase in value of the SOLVE was 0.18%. 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 (1.12%). This means that on 68 percent of the Mondays, the change in price of the SOLVE is expected to be in the range of -0.94% and 1.30%.

On Tuesdays, the SOLVE decreases in value on average with -0.66%. On most of the Tuesdays the SOLVE decreases in value between -3.40% and 2.08%. The uncertainty (2.74%) is higher than the average decline percentage (-0.66%). Therefore, expected range of price changes of the SOLVE on Tuesdays is large.

Allthough the SOLVE decreases in value with -0.36% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of SOLVE on Wednesdays is 1.15%. This means that the expected change of the value of SOLVE is between -1.51% and 0.79% on 68 out of 100 Wednesdays.

It is hard to tell whether the SOLVE will increase or decrease in value on an average Thursday. The average change on a Thursday for the SOLVE is -0.13%. However, the standard deviation on this weekday is 1.01%. This means that on most Thursdays, the change in value of the SOLVE is between -1.13% and 0.88%.

Allthough the SOLVE decreases in value with -0.40% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of SOLVE on Fridays is 1.52%. This means that the expected change of the value of SOLVE is between -1.93% and 1.12% on 68 out of 100 Fridays.

On an average Saturday, the SOLVE increased 0.50%. However, since the expected deviation is 2.34%, the SOLVE will decline in value on a Saturday quiet regularly. The expected price change of the SOLVE on a Saturday is between -1.84% and 2.83%.

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 -0.27% 3.08% -3.35% to 2.81%
Monday 0.18% 1.12% -0.94% to 1.30%
Tuesday -0.66% 2.74% -3.40% to 2.08%
Wednesday -0.36% 1.15% -1.51% to 0.79%
Thursday -0.13% 1.01% -1.13% to 0.88%
Friday -0.40% 1.52% -1.93% to 1.12%
Saturday 0.50% 2.34% -1.84% to 2.83%
 

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