Stellar (XLM)

Current price: $ 0.12

24 hours price change: $ 0.0049 (4.18%)

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 June 9th, 2018 to December 8th, 2018.

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 06/09/2018 and 12/08/2018.

According to the performance of Stellar between June 9th, 2018 and December 8th, 2018, Stellar performed the best on Wednesdays. On average, the price of Stellar increased 1.25% on Wednesday.

The weekday on which the Stellar performed the worst, is Thursday. On Thursdays, the Stellar declined in value on average by -0.83%.

Stellar weekday performance

Allthough the Stellar decreases in value with -0.35% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Stellar on Sundays is 3.44%. This means that the expected change of the value of Stellar is between -3.79% and 3.09% on 68 out of 100 Sundays.

On an average Monday, the Stellar increased 0.56%. However, since the expected deviation is 1.78%, the Stellar will decline in value on a Monday quiet regularly. The expected price change of the Stellar on a Monday is between -1.21% and 2.34%.

On Tuesdays, the Stellar decreases in value on average with -0.63%. On most of the Tuesdays the Stellar decreases in value between -3.14% and 1.88%. The uncertainty (2.51%) is higher than the average decline percentage (-0.63%). Therefore, expected range of price changes of the Stellar on Tuesdays is large.

On an average Wednesday the Stellar shows an increase in value of 1.25%. However, the change of Stellar on most of the Wednesdays is between -3.81% and 6.31%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Stellars.

On Thursdays, the Stellar decreases in value on average with -0.83%. On most of the Thursdays the Stellar decreases in value between -2.62% and 0.97%. The uncertainty (1.80%) is higher than the average decline percentage (-0.83%). Therefore, expected range of price changes of the Stellar on Thursdays is large.

Stellar increased in value on an average Friday only slightly. The average increase in value of the Stellar was 0.15%. 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 (3.98%). This means that on 68 percent of the Fridays, the change in price of the Stellar is expected to be in the range of -3.83% and 4.14%.

On an average Saturday, the Stellar increased 0.54%. However, since the expected deviation is 1.98%, the Stellar will decline in value on a Saturday quiet regularly. The expected price change of the Stellar on a Saturday is between -1.44% and 2.53%.

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
Sunday-0.35%3.44%-3.79% to 3.09%
Monday0.56%1.78%-1.21% to 2.34%
Tuesday-0.63%2.51%-3.14% to 1.88%
Wednesday1.25%5.06%-3.81% to 6.31%
Thursday-0.83%1.80%-2.62% to 0.97%
Friday0.15%3.98%-3.83% to 4.14%
Saturday0.54%1.98%-1.44% to 2.53%