Stellar (XLM)

Current price: $ 0.07

24 hours price change: $ -0.004230 (-5.77%)

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 January 24th, 2020 to February 23rd, 2020.

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 01/24/2020 and 02/23/2020.

According to the performance of Stellar between January 24th, 2020 and February 23rd, 2020, Stellar performed the best on Tuesdays. On average, the price of Stellar increased 0.45% on Tuesday.

The weekday on which the Stellar performed the worst, is Friday. On Fridays, the Stellar declined in value on average by -0.55%.

Stellar weekday performance

Stellar increased in value on an average Sunday only slightly. The average increase in value of the Stellar was 0.00%. Allthough the Stellar closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.78%). This means that on 68 percent of the Sundays, the change in price of the Stellar is expected to be in the range of -1.78% and 1.78%.

Allthough the Stellar decreases in value with -0.42% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Stellar on Mondays is 0.87%. This means that the expected change of the value of Stellar is between -1.29% and 0.44% on 68 out of 100 Mondays.

On an average Tuesday, the Stellar increased 0.45%. However, since the expected deviation is 1.56%, the Stellar will decline in value on a Tuesday quiet regularly. The expected price change of the Stellar on a Tuesday is between -1.12% and 2.01%.

It is hard to tell whether the Stellar will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Stellar is -0.23%. However, the standard deviation on this weekday is 1.21%. This means that on most Wednesdays, the change in value of the Stellar is between -1.44% and 0.97%.

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 -0.17%. However, the standard deviation on this weekday is 0.37%. This means that on most Thursdays, the change in value of the Stellar is between -0.53% and 0.20%.

Allthough the Stellar decreases in value with -0.55% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Stellar on Fridays is 1.34%. This means that the expected change of the value of Stellar is between -1.89% and 0.80% on 68 out of 100 Fridays.

Stellar increased in value on an average Saturday only slightly. The average increase in value of the Stellar was 0.06%. Allthough the Stellar 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 Saturdays, the change in price of the Stellar is expected to be in the range of -0.85% and 0.97%.

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 0.00% 1.78% -1.78% to 1.78%
Monday -0.42% 0.87% -1.29% to 0.44%
Tuesday 0.45% 1.56% -1.12% to 2.01%
Wednesday -0.23% 1.21% -1.44% to 0.97%
Thursday -0.17% 0.37% -0.53% to 0.20%
Friday -0.55% 1.34% -1.89% to 0.80%
Saturday 0.06% 0.91% -0.85% to 0.97%
 

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