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 year, starting on May 24th, 2021 to May 24th, 2022.
In the barchart below, the weekdays and average performance of Terra are shown side by side.
According to the performance of Terra between May 24th, 2021 and May 24th, 2022, Terra performed the best on Wednesdays. On average, the price of Terra increased 2.40% on Wednesday.
The weekday on which the Terra performed the worst, is Thursday. On Thursdays, the Terra declined in value on average by -0.33%.
Terra weekday performance
On an average Sunday the Terra shows an increase in value of 1.08%. However, the change of Terra on most of the Sundays is between -2.93% and 5.08%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Terras.
On an average Monday the Terra shows an increase in value of 1.11%. However, the change of Terra on most of the Mondays is between -8.52% and 10.74%. Therefore it is hard to tell whether an average Monday is a good day to start buying Terras.
On an average Tuesday the Terra shows an increase in value of 1.45%. However, the change of Terra on most of the Tuesdays is between -5.06% and 7.97%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Terras.
On an average Wednesday the Terra shows an increase in value of 2.40%. However, the change of Terra on most of the Wednesdays is between -2.86% and 7.66%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Terras.
Allthough the Terra decreases in value with -0.33% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Terra on Thursdays is 4.16%. This means that the expected change of the value of Terra is between -4.50% and 3.83% on 68 out of 100 Thursdays.
Terra increased in value on an average Friday only slightly. The average increase in value of the Terra was 0.16%. 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 (6.17%). This means that on 68 percent of the Fridays, the change in price of the Terra is expected to be in the range of -6.01% and 6.33%.
It is hard to tell whether the Terra will increase or decrease in value on an average Saturday. The average change on a Saturday for the Terra is -0.24%. However, the standard deviation on this weekday is 3.38%. This means that on most Saturdays, the change in value of the Terra is between -3.62% and 3.14%.
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||1.08%||4.00%||-2.93% to 5.08%|
|Monday||1.11%||9.63%||-8.52% to 10.74%|
|Tuesday||1.45%||6.52%||-5.06% to 7.97%|
|Wednesday||2.40%||5.26%||-2.86% to 7.66%|
|Thursday||-0.33%||4.16%||-4.50% to 3.83%|
|Friday||0.16%||6.17%||-6.01% to 6.33%|
|Saturday||-0.24%||3.38%||-3.62% to 3.14%|