Stellar (XLM)

Current price: $ 0.12

24 hours price change: $ 0.0054 (4.52%)

Daily analysis of Stellar (XLM) - 6 months

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 6 months, starting on November 24th, 2018 to May 23rd, 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 11/24/2018 and 05/23/2019.

According to the performance of Stellar between November 24th, 2018 and May 23rd, 2019, Stellar performed the best on Sundays. On average, the price of Stellar increased 0.43% on Sunday.

The weekday on which the Stellar performed the worst, is Wednesday. On Wednesdays, the Stellar declined in value on average by -0.49%.

Stellar weekday performance

On an average Sunday, the Stellar increased 0.43%. However, since the expected deviation is 1.14%, the Stellar will decline in value on a Sunday quiet regularly. The expected price change of the Stellar on a Sunday is between -0.71% and 1.58%.

Allthough the Stellar decreases in value with -0.37% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Stellar on Mondays is 1.70%. This means that the expected change of the value of Stellar is between -2.06% and 1.33% on 68 out of 100 Mondays.

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 -0.19%. However, the standard deviation on this weekday is 1.02%. This means that on most Tuesdays, the change in value of the Stellar is between -1.21% and 0.83%.

Allthough the Stellar decreases in value with -0.49% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Stellar on Wednesdays is 2.64%. This means that the expected change of the value of Stellar is between -3.13% and 2.15% on 68 out of 100 Wednesdays.

Stellar increased in value on an average Thursday only slightly. The average increase in value of the Stellar was 0.02%. 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 (1.30%). This means that on 68 percent of the Thursdays, the change in price of the Stellar is expected to be in the range of -1.27% and 1.32%.

On an average Friday, the Stellar increased 0.37%. However, since the expected deviation is 1.25%, the Stellar will decline in value on a Friday quiet regularly. The expected price change of the Stellar on a Friday is between -0.88% and 1.61%.

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 -0.12%. However, the standard deviation on this weekday is 0.87%. This means that on most Saturdays, the change in value of the Stellar is between -1.00% and 0.75%.

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
Sunday0.43%1.14%-0.71% to 1.58%
Monday-0.37%1.70%-2.06% to 1.33%
Tuesday-0.19%1.02%-1.21% to 0.83%
Wednesday-0.49%2.64%-3.13% to 2.15%
Thursday0.02%1.30%-1.27% to 1.32%
Friday0.37%1.25%-0.88% to 1.61%
Saturday-0.12%0.87%-1.00% to 0.75%