Stellar (XLM)

Current price: $ 0.14

24 hours price change: $ 0.0063 (4.84%)

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 April 19th, 2019 to May 19th, 2019.

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 04/19/2019 and 05/19/2019.

According to the performance of Stellar between April 19th, 2019 and May 19th, 2019, Stellar performed the best on Thursdays. On average, the price of Stellar increased 1.28% on Thursday.

The weekday on which the Stellar performed the worst, is Saturday. On Saturdays, the Stellar declined in value on average by -0.26%.

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 (0.22%). This means that on 68 percent of the Sundays, the change in price of the Stellar is expected to be in the range of -0.22% and 0.22%.

The Stellar will almost not change or only slightly increase in value on an average Monday. The average change of the Stellar on Mondays is 0.30%. The standard deviation of the Stellar is 0.28%, which means that in 68% of the Mondays, the range of the change of the Stellar is 0.01% and 0.58%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

Stellar increased in value on an average Tuesday only slightly. The average increase in value of the Stellar was 0.01%. 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 (0.39%). This means that on 68 percent of the Tuesdays, the change in price of the Stellar is expected to be in the range of -0.38% and 0.40%.

The average increase of the Stellar on an average Wednesday is 0.54%. This is a small increase, however, the expected change of the Stellar in 95% of the Wednesdays is -0.20% and 1.27%. This means that only on 2.5% (or slightly over 1 Wednesday per year) the expected change of the Stellar is below -0.20%. On the other hand, you would not have to expect that the change on a single Wednesday will be above 1.27%. This will also only happen on 2.5% of the Wednesdays. On 68% of the Wednesdays, the increase of the Stellar will be in the range of 0.17% and 0.90%.

On an average Thursday the Stellar shows a high increase in value, namely 1.28%. The standard deviation is below the average increase percentage (standard deviation is 1.22%), meaning that on 68% of the Thursdays the Stellar will increase with a percentage between 0.06% and 2.51%. This also means that, on average, on 16 percent of the Thursdays, the Stellar will increase with a percentage above this range. On the other 16% of the Thursdays, the Stellar will change with a percentage below the 0.06%.

Stellar increased in value on an average Friday only slightly. The average increase in value of the Stellar was 0.20%. 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 (0.26%). This means that on 68 percent of the Fridays, the change in price of the Stellar is expected to be in the range of -0.06% and 0.46%.

It is hard to tell whether the Stellar will increase or decrease in value on an average Saturday. The average change on a Saturday for the Stellar is -0.26%. However, the standard deviation on this weekday is 0.64%. This means that on most Saturdays, the change in value of the Stellar is between -0.90% and 0.38%.

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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday0.00%0.22%-0.22% to 0.22%
Monday0.30%0.28%0.01% to 0.58%
Tuesday0.01%0.39%-0.38% to 0.40%
Wednesday0.54%0.37%0.17% to 0.90%
Thursday1.28%1.22%0.06% to 2.51%
Friday0.20%0.26%-0.06% to 0.46%
Saturday-0.26%0.64%-0.90% to 0.38%