Stellar (XLM)

Current price: $ 0.30

24 hours price change: $ -0.03 (-8.12%)

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 March 20th, 2021 to September 20th, 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 03/20/2021 and 09/20/2021.

According to the performance of Stellar between March 20th, 2021 and September 20th, 2021, Stellar performed the best on Mondays. On average, the price of Stellar increased 0.82% on Monday.

The weekday on which the Stellar performed the worst, is Saturday. On Saturdays, the Stellar declined in value on average by -0.16%.

Stellar weekday performance

On an average Sunday, the Stellar increased 0.39%. However, since the expected deviation is 1.12%, the Stellar will decline in value on a Sunday quiet regularly. The expected price change of the Stellar on a Sunday is between -0.73% and 1.50%.

Historical performance on Monday 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 Monday with 0.82%. However, the uncertainty of this increase is high. The expected change in value of the Stellar on a Monday is between -2.73% and 4.38% (see also the table below).

Historical performance on Tuesday 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 Tuesday with 0.64%. However, the uncertainty of this increase is high. The expected change in value of the Stellar on a Tuesday is between -1.12% and 2.41% (see also the table below).

On an average Wednesday, the Stellar increased 0.42%. However, since the expected deviation is 1.89%, the Stellar will decline in value on a Wednesday quiet regularly. The expected price change of the Stellar on a Wednesday is between -1.47% and 2.31%.

Stellar increased in value on an average Thursday 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 (1.46%). This means that on 68 percent of the Thursdays, the change in price of the Stellar is expected to be in the range of -1.46% and 1.46%.

It is hard to tell whether the Stellar will increase or decrease in value on an average Friday. The average change on a Friday for the Stellar is -0.01%. However, the standard deviation on this weekday is 2.97%. This means that on most Fridays, the change in value of the Stellar is between -2.98% and 2.96%.

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 -0.16%. However, the standard deviation on this weekday is 1.65%. This means that on most Saturdays, the change in value of the Stellar is between -1.81% and 1.49%.

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 0.39% 1.12% -0.73% to 1.50%
Monday 0.82% 3.56% -2.73% to 4.38%
Tuesday 0.64% 1.77% -1.12% to 2.41%
Wednesday 0.42% 1.89% -1.47% to 2.31%
Thursday 0.00% 1.46% -1.46% to 1.46%
Friday -0.01% 2.97% -2.98% to 2.96%
Saturday -0.16% 1.65% -1.81% to 1.49%
 

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