Stellar (XLM)

Current price: $ 0.30

24 hours price change: $ 0.30 (inf%)

Daily analysis of Stellar (XLM) - 1 month

The performance of Stellar regarding the price differs every day. To make the best decision to buy Stellar, we are analysis in this article the performance of Stellar on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on December 17th, 2020 to January 17th, 2021.

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

Average daily change in price of Stellar per weekday between 12/17/2020 and 01/17/2021.

According to the performance of Stellar between December 17th, 2020 and January 17th, 2021, Stellar performed the best on Wednesdays. On average, the price of Stellar increased 3.26% on Wednesday.

The weekday on which the Stellar performed the worst, is Monday. On Mondays, the Stellar declined in value on average by -2.09%.

Stellar weekday performance

On an average Sunday the Stellar shows an increase in value of 1.02%. However, the change of Stellar on most of the Sundays is between -1.69% and 3.74%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Stellars.

The Stellar declines in value on an average Monday with -2.09%. However, the uncertainty (or standard deviation) is quite large, namely 0.72%. This means that it is not possible to say whether on a regular Monday the Stellar will increase or decrease in value.

On an average Tuesday the Stellar shows an increase in value of 1.83%. However, the change of Stellar on most of the Tuesdays is between -3.19% and 6.84%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Stellars.

The increase in value of the Stellar is 3.26% on an average Wednesday. However, the uncertainty on the average change is high for the Stellar on Wednesdays. This is the reason why an expected increase of the Stellar on an average Wednesday cannot be predicted. The standard deviation for Stellar on Wednesdays is high, namely 6.32%. This means that the expected range of value change for the Stellar is -3.05% and 9.58% on 68% of the Wednesdays.

It is hard to tell whether the Stellar will increase or decrease in value on an average Thursday. The average change on a Thursday for the Stellar is -0.21%. However, the standard deviation on this weekday is 1.60%. This means that on most Thursdays, the change in value of the Stellar is between -1.82% and 1.39%.

On Fridays, the Stellar decreases in value on average with -1.00%. On most of the Fridays the Stellar decreases in value between -2.65% and 0.66%. The uncertainty (1.65%) is higher than the average decline percentage (-1.00%). Therefore, expected range of price changes of the Stellar on Fridays is large.

On an average Saturday, the Stellar increased 0.34%. However, since the expected deviation is 1.64%, the Stellar will decline in value on a Saturday quiet regularly. The expected price change of the Stellar on a Saturday is between -1.30% and 1.99%.

Stellar weekday performance details

Find below the details of the performance of Stellar 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 1.02% 2.72% -1.69% to 3.74%
Monday -2.09% 0.72% -2.80% to -1.37%
Tuesday 1.83% 5.01% -3.19% to 6.84%
Wednesday 3.26% 6.32% -3.05% to 9.58%
Thursday -0.21% 1.60% -1.82% to 1.39%
Friday -1.00% 1.65% -2.65% to 0.66%
Saturday 0.34% 1.64% -1.30% to 1.99%
 

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