The performance of Steem regarding the price differs every day. To make the best decision to buy Steem, we are analysis in this article the performance of Steem on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 year, starting on December 17th, 2017 to December 16th, 2018.
In the barchart below, the weekdays and average performance of Steem are shown side by side.
Average daily change in price of Steem per weekday between 12/17/2017 and 12/16/2018.
According to the performance of Steem between December 17th, 2017 and December 16th, 2018, Steem performed the best on Fridays. On average, the price of Steem increased inf% on Friday.
The weekday on which the Steem performed the worst, is Saturday. On Saturdays, the Steem declined in value on average by -0.28%.
Steem weekday performance
Historical performance on Sunday do not show an increase in value of the Steem on which a prediction can be made. The Steem increased in value on average on an average Sunday with 0.97%. However, the uncertainty of this increase is high. The expected change in value of the Steem on a Sunday is between -5.64% and 7.58% (see also the table below).
On an average Monday, the Steem increased 0.39%. However, since the expected deviation is 7.83%, the Steem will decline in value on a Monday quiet regularly. The expected price change of the Steem on a Monday is between -7.44% and 8.22%.
On an average Tuesday the Steem shows an increase in value of 1.44%. However, the change of Steem on most of the Tuesdays is between -5.77% and 8.65%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Steems.
It is hard to tell whether the Steem will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Steem is -0.02%. However, the standard deviation on this weekday is 3.81%. This means that on most Wednesdays, the change in value of the Steem is between -3.83% and 3.78%.
It is hard to tell whether the Steem will increase or decrease in value on an average Thursday. The average change on a Thursday for the Steem is -0.16%. However, the standard deviation on this weekday is 4.71%. This means that on most Thursdays, the change in value of the Steem is between -4.87% and 4.54%.
On Fridays, the average increase of the value of the Steem is very high. The average increase is inf%. The standard deviation of the Steem on Fridays is nan%. This means that on 68% of the Fridays, the Steem increases between nan% and nan%. The uncertainty is therefore not very high, since on most Fridays, the value of the Steem will increase.
It is hard to tell whether the Steem will increase or decrease in value on an average Saturday. The average change on a Saturday for the Steem is -0.28%. However, the standard deviation on this weekday is 2.08%. This means that on most Saturdays, the change in value of the Steem is between -2.36% and 1.79%.
Steem weekday performance details
Find below the details of the performance of Steem 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 | 0.97% | 6.61% | -5.64% to 7.58% |
| Monday | 0.39% | 7.83% | -7.44% to 8.22% |
| Tuesday | 1.44% | 7.21% | -5.77% to 8.65% |
| Wednesday | -0.02% | 3.81% | -3.83% to 3.78% |
| Thursday | -0.16% | 4.71% | -4.87% to 4.54% |
| Friday | inf% | nan% | nan% to nan% |
| Saturday | -0.28% | 2.08% | -2.36% to 1.79% |