The performance of Synthetix Network Token regarding the price differs every day. To make the best decision to buy Synthetix Network Token, we are analysis in this article the performance of Synthetix Network Token on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on April 28th, 2023 to May 28th, 2023.
In the barchart below, the weekdays and average performance of Synthetix Network Token are shown side by side.
According to the performance of Synthetix Network Token between April 28th, 2023 and May 28th, 2023, Synthetix Network Token performed the best on Thursdays. On average, the price of Synthetix Network Token increased 0.05% on Thursday.
The weekday on which the Synthetix Network Token performed the worst, is Tuesday. On Tuesdays, the Synthetix Network Token declined in value on average by -0.04%.
Synthetix Network Token weekday performance
It is hard to tell whether the Synthetix Network Token will increase or decrease in value on an average Sunday. The average change on a Sunday for the Synthetix Network Token is -0.01%. However, the standard deviation on this weekday is 0.02%. This means that on most Sundays, the change in value of the Synthetix Network Token is between -0.03% and 0.01%.
It is hard to tell whether the Synthetix Network Token will increase or decrease in value on an average Monday. The average change on a Monday for the Synthetix Network Token is -0.03%. However, the standard deviation on this weekday is 0.06%. This means that on most Mondays, the change in value of the Synthetix Network Token is between -0.09% and 0.03%.
It is hard to tell whether the Synthetix Network Token will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Synthetix Network Token is -0.04%. However, the standard deviation on this weekday is 0.04%. This means that on most Tuesdays, the change in value of the Synthetix Network Token is between -0.09% and 0.00%.
It is hard to tell whether the Synthetix Network Token will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Synthetix Network Token is 0.00%. However, the standard deviation on this weekday is 0.03%. This means that on most Wednesdays, the change in value of the Synthetix Network Token is between -0.03% and 0.03%.
The Synthetix Network Token will almost not change or only slightly increase in value on an average Thursday. The average change of the Synthetix Network Token on Thursdays is 0.05%. The standard deviation of the Synthetix Network Token is 0.04%, which means that in 68% of the Thursdays, the range of the change of the Synthetix Network Token is 0.02% and 0.09%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.
It is hard to tell whether the Synthetix Network Token will increase or decrease in value on an average Friday. The average change on a Friday for the Synthetix Network Token is -0.03%. However, the standard deviation on this weekday is 0.09%. This means that on most Fridays, the change in value of the Synthetix Network Token is between -0.13% and 0.06%.
It is hard to tell whether the Synthetix Network Token will increase or decrease in value on an average Saturday. The average change on a Saturday for the Synthetix Network Token is 0.00%. However, the standard deviation on this weekday is 0.08%. This means that on most Saturdays, the change in value of the Synthetix Network Token is between -0.08% and 0.08%.
Synthetix Network Token weekday performance details
Find below the details of the performance of Synthetix Network Token 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 | -0.01% | 0.02% | -0.03% to 0.01% |
| Monday | -0.03% | 0.06% | -0.09% to 0.03% |
| Tuesday | -0.04% | 0.04% | -0.09% to 0.00% |
| Wednesday | 0.00% | 0.03% | -0.03% to 0.03% |
| Thursday | 0.05% | 0.04% | 0.02% to 0.09% |
| Friday | -0.03% | 0.09% | -0.13% to 0.06% |
| Saturday | 0.00% | 0.08% | -0.08% to 0.08% |