Terra (LUNA)

Current price: $ 31.13

24 hours price change: $ -4.54 (-12.73%)

Daily analysis of Terra (LUNA) - 1 month

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 1 month, starting on August 20th, 2021 to September 20th, 2021.

In the barchart below, the weekdays and average performance of Terra are shown side by side.

Average daily change in price of Terra per weekday between 08/20/2021 and 09/20/2021.

According to the performance of Terra between August 20th, 2021 and September 20th, 2021, Terra performed the best on Fridays. On average, the price of Terra increased 5.14% on Friday.

The weekday on which the Terra performed the worst, is Tuesday. On Tuesdays, the Terra declined in value on average by -5.20%.

Terra weekday performance

On an average Sunday the Terra shows an increase in value of 1.26%. However, the change of Terra on most of the Sundays is between -3.56% and 6.08%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Terras.

Terra increased in value on an average Monday only slightly. The average increase in value of the Terra was 0.26%. 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 (4.12%). This means that on 68 percent of the Mondays, the change in price of the Terra is expected to be in the range of -3.86% and 4.37%.

The decrease in value of the Terra is -5.20% on an average Tuesday. The uncertainty of the average change is high for the Terra on Tuesdays. This means that it is hard to tell whether the Terra will decrease or increase in value on an average Tuesday. If we look at the 68% range of the Terra, we see that on 68% of the Tuesdays, the expected change of the Terra is between -10.43% and 0.04%.

On an average Wednesday the Terra shows an increase in value of 1.91%. However, the change of Terra on most of the Wednesdays is between -0.23% and 4.04%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Terras.

On Thursdays, the Terra decreases in value on average with -0.77%. On most of the Thursdays the Terra decreases in value between -6.43% and 4.89%. The uncertainty (5.66%) is higher than the average decline percentage (-0.77%). Therefore, expected range of price changes of the Terra on Thursdays is large.

The increase in value of the Terra is 5.14% on an average Friday. However, the uncertainty on the average change is high for the Terra on Fridays. This is the reason why an expected increase of the Terra on an average Friday cannot be predicted. The standard deviation for Terra on Fridays is high, namely 8.41%. This means that the expected range of value change for the Terra is -3.27% and 13.55% on 68% of the Fridays.

On Saturdays, the Terra decreases in value on average with -0.84%. On most of the Saturdays the Terra decreases in value between -6.43% and 4.75%. The uncertainty (5.59%) is higher than the average decline percentage (-0.84%). Therefore, expected range of price changes of the Terra on Saturdays is large.

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 1.26% 4.82% -3.56% to 6.08%
Monday 0.26% 4.12% -3.86% to 4.37%
Tuesday -5.20% 5.24% -10.43% to 0.04%
Wednesday 1.91% 2.14% -0.23% to 4.04%
Thursday -0.77% 5.66% -6.43% to 4.89%
Friday 5.14% 8.41% -3.27% to 13.55%
Saturday -0.84% 5.59% -6.43% to 4.75%
 

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