The performance of Terra regarding the price differs every day. To make the best decision to buy Terra, we are analysis in this article the performance of Terra on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on February 22nd, 2017 to January 28th, 2023.
In the barchart below, the weekdays and average performance of Terra are shown side by side.
According to the performance of Terra between February 22nd, 2017 and January 28th, 2023, Terra performed the best on Mondays. On average, the price of Terra increased 106.95% on Monday.
The weekday on which the Terra performed the worst, is Sunday. On Sundays, the Terra declined in value on average by -0.50%.
Terra weekday performance
Allthough the Terra decreases in value with -0.50% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Terra on Sundays is 11.10%. This means that the expected change of the value of Terra is between -11.60% and 10.59% on 68 out of 100 Sundays.
The increase in value of the Terra is 106.95% on an average Monday. However, the uncertainty on the average change is high for the Terra on Mondays. This is the reason why an expected increase of the Terra on an average Monday cannot be predicted. The standard deviation for Terra on Mondays is high, namely 1,808.34%. This means that the expected range of value change for the Terra is -1,701.39% and 1,915.28% on 68% of the Mondays.
On an average Tuesday the Terra shows an increase in value of 2.26%. However, the change of Terra on most of the Tuesdays is between -14.00% and 18.53%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Terras.
Terra increased in value on an average Wednesday only slightly. The average increase in value of the Terra was 0.20%. Allthough the Terra closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (9.67%). This means that on 68 percent of the Wednesdays, the change in price of the Terra is expected to be in the range of -9.48% and 9.87%.
On an average Thursday, the Terra increased 0.37%. However, since the expected deviation is 11.10%, the Terra will decline in value on a Thursday quiet regularly. The expected price change of the Terra on a Thursday is between -10.73% and 11.47%.
On an average Friday, the Terra increased 0.58%. However, since the expected deviation is 14.73%, the Terra will decline in value on a Friday quiet regularly. The expected price change of the Terra on a Friday is between -14.15% and 15.31%.
On an average Saturday the Terra shows an increase in value of 1.38%. However, the change of Terra on most of the Saturdays is between -26.06% and 28.81%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Terras.
Terra weekday performance details
Find below the details of the performance of Terra 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||-0.50%||11.10%||-11.60% to 10.59%|
|Monday||106.95%||1,808.34%||-1,701.39% to 1,915.28%|
|Tuesday||2.26%||16.27%||-14.00% to 18.53%|
|Wednesday||0.20%||9.67%||-9.48% to 9.87%|
|Thursday||0.37%||11.10%||-10.73% to 11.47%|
|Friday||0.58%||14.73%||-14.15% to 15.31%|
|Saturday||1.38%||27.44%||-26.06% to 28.81%|