Stellar (XLM)

Current price: $ 0.33

24 hours price change: $ -0.009600 (-2.86%)

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 November 2nd, 2021 to December 2nd, 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 11/02/2021 and 12/02/2021.

According to the performance of Stellar between November 2nd, 2021 and December 2nd, 2021, Stellar performed the best on Fridays. On average, the price of Stellar increased 1.95% on Friday.

The weekday on which the Stellar performed the worst, is Tuesday. On Tuesdays, the Stellar declined in value on average by -1.59%.

Stellar weekday performance

On Sundays, the Stellar decreases in value on average with -0.66%. On most of the Sundays the Stellar decreases in value between -1.69% and 0.36%. The uncertainty (1.02%) is higher than the average decline percentage (-0.66%). Therefore, expected range of price changes of the Stellar on Sundays is large.

On an average Monday, the Stellar increased 0.55%. However, since the expected deviation is 1.53%, the Stellar will decline in value on a Monday quiet regularly. The expected price change of the Stellar on a Monday is between -0.98% and 2.08%.

The Stellar declines in value on an average Tuesday with -1.59%. However, the uncertainty (or standard deviation) is quite large, namely 3.85%. This means that it is not possible to say whether on a regular Tuesday the Stellar will increase or decrease in value.

Stellar increased in value on an average Wednesday only slightly. The average increase in value of the Stellar was 0.10%. 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 (1.06%). This means that on 68 percent of the Wednesdays, the change in price of the Stellar is expected to be in the range of -0.96% and 1.16%.

On Thursdays, the Stellar decreases in value on average with -0.89%. On most of the Thursdays the Stellar decreases in value between -3.21% and 1.43%. The uncertainty (2.32%) is higher than the average decline percentage (-0.89%). Therefore, expected range of price changes of the Stellar on Thursdays is large.

On an average Friday the Stellar shows an increase in value of 1.95%. However, the change of Stellar on most of the Fridays is between -1.59% and 5.49%. Therefore it is hard to tell whether an average Friday is a good day to start buying Stellars.

The expected range of change of the Stellar for an average Saturday is between 0.48% and 0.89%. This is the result of an average increase in value of 0.68% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.

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 -0.66% 1.02% -1.69% to 0.36%
Monday 0.55% 1.53% -0.98% to 2.08%
Tuesday -1.59% 3.85% -5.44% to 2.26%
Wednesday 0.10% 1.06% -0.96% to 1.16%
Thursday -0.89% 2.32% -3.21% to 1.43%
Friday 1.95% 3.54% -1.59% to 5.49%
Saturday 0.68% 0.20% 0.48% to 0.89%
 

About Us

: Financial indicators for cryptocurrencies