Terra (LUNA)

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Daily analysis of Terra (LUNA) - 6 months

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 6 months, starting on November 24th, 2023 to May 17th, 2024.

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 11/24/2023 and 05/17/2024.

According to the performance of Terra between November 24th, 2023 and May 17th, 2024, Terra performed the best on Saturdays. On average, the price of Terra increased 0.19% on Saturday.

The weekday on which the Terra performed the worst, is Tuesday. On Tuesdays, the Terra declined in value on average by -1.35%.

Terra weekday performance

Allthough the Terra decreases in value with -0.31% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Terra on Sundays is 2.12%. This means that the expected change of the value of Terra is between -2.43% and 1.81% on 68 out of 100 Sundays.

Terra increased in value on an average Monday only slightly. The average increase in value of the Terra was 0.17%. 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 (2.68%). This means that on 68 percent of the Mondays, the change in price of the Terra is expected to be in the range of -2.51% and 2.85%.

The Terra declines in value on an average Tuesday with -1.35%. However, the uncertainty (or standard deviation) is quite large, namely 2.61%. This means that it is not possible to say whether on a regular Tuesday the Terra will increase or decrease in value.

Terra increased in value on an average Wednesday only slightly. The average increase in value of the Terra was 0.12%. 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 (1.98%). This means that on 68 percent of the Wednesdays, the change in price of the Terra is expected to be in the range of -1.86% and 2.10%.

It is hard to tell whether the Terra will increase or decrease in value on an average Thursday. The average change on a Thursday for the Terra is -0.05%. However, the standard deviation on this weekday is 1.43%. This means that on most Thursdays, the change in value of the Terra is between -1.47% and 1.38%.

It is hard to tell whether the Terra will increase or decrease in value on an average Friday. The average change on a Friday for the Terra is 0.00%. However, the standard deviation on this weekday is 1.39%. This means that on most Fridays, the change in value of the Terra is between -1.40% and 1.39%.

Terra increased in value on an average Saturday only slightly. The average increase in value of the Terra was 0.19%. 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 (1.50%). This means that on 68 percent of the Saturdays, the change in price of the Terra is expected to be in the range of -1.31% and 1.70%.

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 -0.31% 2.12% -2.43% to 1.81%
Monday 0.17% 2.68% -2.51% to 2.85%
Tuesday -1.35% 2.61% -3.97% to 1.26%
Wednesday 0.12% 1.98% -1.86% to 2.10%
Thursday -0.05% 1.43% -1.47% to 1.38%
Friday 0.00% 1.39% -1.40% to 1.39%
Saturday 0.19% 1.50% -1.31% to 1.70%
 

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