Stellar (XLM)

Current price: $ 0.08

24 hours price change: $ 0.0041 (5.21%)

Daily analysis of Stellar (XLM) - 1 year

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 year, starting on February 18th, 2018 to February 17th, 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 02/18/2018 and 02/17/2019.

According to the performance of Stellar between February 18th, 2018 and February 17th, 2019, Stellar performed the best on Saturdays. On average, the price of Stellar increased 0.77% on Saturday.

The weekday on which the Stellar performed the worst, is Thursday. On Thursdays, the Stellar declined in value on average by -0.71%.

Stellar weekday performance

Stellar increased in value on an average Sunday only slightly. The average increase in value of the Stellar was 0.25%. 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 (3.29%). This means that on 68 percent of the Sundays, the change in price of the Stellar is expected to be in the range of -3.04% and 3.54%.

It is hard to tell whether the Stellar will increase or decrease in value on an average Monday. The average change on a Monday for the Stellar is -0.27%. However, the standard deviation on this weekday is 3.22%. This means that on most Mondays, the change in value of the Stellar is between -3.49% and 2.95%.

It is hard to tell whether the Stellar will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Stellar is -0.21%. However, the standard deviation on this weekday is 3.64%. This means that on most Tuesdays, the change in value of the Stellar is between -3.85% and 3.43%.

Allthough the Stellar decreases in value with -0.31% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Stellar on Wednesdays is 6.22%. This means that the expected change of the value of Stellar is between -6.53% and 5.91% on 68 out of 100 Wednesdays.

On Thursdays, the Stellar decreases in value on average with -0.71%. On most of the Thursdays the Stellar decreases in value between -4.45% and 3.02%. The uncertainty (3.73%) is higher than the average decline percentage (-0.71%). Therefore, expected range of price changes of the Stellar on Thursdays is large.

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 3.63%. This means that the expected change of the value of Stellar is between -4.17% and 3.08% on 68 out of 100 Fridays.

Historical performance on Saturday do not show an increase in value of the Stellar on which a prediction can be made. The Stellar increased in value on average on an average Saturday with 0.77%. However, the uncertainty of this increase is high. The expected change in value of the Stellar on a Saturday is between -2.96% and 4.50% (see also the table below).

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
Sunday0.25%3.29%-3.04% to 3.54%
Monday-0.27%3.22%-3.49% to 2.95%
Tuesday-0.21%3.64%-3.85% to 3.43%
Wednesday-0.31%6.22%-6.53% to 5.91%
Thursday-0.71%3.73%-4.45% to 3.02%
Friday-0.55%3.63%-4.17% to 3.08%
Saturday0.77%3.73%-2.96% to 4.50%