Synthetix Network Token (SNX)

Current price: $ 0.69

24 hours price change: $ 0.007925 (1.16%)

Daily analysis of Synthetix Network Token (SNX) - 6 months

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 6 months, starting on April 20th, 2019 to October 20th, 2019.

In the barchart below, the weekdays and average performance of Synthetix Network Token are shown side by side.

Average daily change in price of Synthetix Network Token per weekday between 04/20/2019 and 10/20/2019.

According to the performance of Synthetix Network Token between April 20th, 2019 and October 20th, 2019, Synthetix Network Token performed the best on Saturdays. On average, the price of Synthetix Network Token increased 2.67% on Saturday.

The weekday on which the Synthetix Network Token performed the worst, is Friday. On Fridays, the Synthetix Network Token declined in value on average by -1.05%.

Synthetix Network Token weekday performance

On an average Sunday the Synthetix Network Token shows an increase in value of 1.52%. However, the change of Synthetix Network Token on most of the Sundays is between -4.38% and 7.43%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Synthetix Network Tokens.

On an average Monday the Synthetix Network Token shows an increase in value of 2.19%. However, the change of Synthetix Network Token on most of the Mondays is between -9.39% and 13.76%. Therefore it is hard to tell whether an average Monday is a good day to start buying Synthetix Network Tokens.

On an average Tuesday the Synthetix Network Token shows an increase in value of 1.81%. However, the change of Synthetix Network Token on most of the Tuesdays is between -6.06% and 9.68%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Synthetix Network Tokens.

On an average Wednesday the Synthetix Network Token shows an increase in value of 1.38%. However, the change of Synthetix Network Token on most of the Wednesdays is between -8.88% and 11.63%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Synthetix Network Tokens.

On an average Thursday, the Synthetix Network Token increased 0.58%. However, since the expected deviation is 5.07%, the Synthetix Network Token will decline in value on a Thursday quiet regularly. The expected price change of the Synthetix Network Token on a Thursday is between -4.49% and 5.66%.

The Synthetix Network Token declines in value on an average Friday with -1.05%. However, the uncertainty (or standard deviation) is quite large, namely 4.30%. This means that it is not possible to say whether on a regular Friday the Synthetix Network Token will increase or decrease in value.

On an average Saturday the Synthetix Network Token shows an increase in value of 2.67%. However, the change of Synthetix Network Token on most of the Saturdays is between -4.31% and 9.64%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Synthetix Network Tokens.

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 1.52% 5.90% -4.38% to 7.43%
Monday 2.19% 11.58% -9.39% to 13.76%
Tuesday 1.81% 7.87% -6.06% to 9.68%
Wednesday 1.38% 10.25% -8.88% to 11.63%
Thursday 0.58% 5.07% -4.49% to 5.66%
Friday -1.05% 4.30% -5.35% to 3.25%
Saturday 2.67% 6.97% -4.31% to 9.64%