THETA (THETA)

Current price: $ 0.31

24 hours price change: $ -0.003178 (-1.02%)

Daily analysis of THETA (THETA) - all

The performance of THETA regarding the price differs every day. To make the best decision to buy THETA, we are analysis in this article the performance of THETA on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on January 29th, 2018 to August 7th, 2020.

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

Average daily change in price of THETA per weekday between 01/29/2018 and 08/07/2020.

According to the performance of THETA between January 29th, 2018 and August 7th, 2020, THETA performed the best on Thursdays. On average, the price of THETA increased 0.64% on Thursday.

The weekday on which the THETA performed the worst, is Sunday. On Sundays, the THETA declined in value on average by -0.43%.

THETA weekday performance

Allthough the THETA decreases in value with -0.43% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of THETA on Sundays is 6.97%. This means that the expected change of the value of THETA is between -7.40% and 6.54% on 68 out of 100 Sundays.

It is hard to tell whether the THETA will increase or decrease in value on an average Monday. The average change on a Monday for the THETA is -0.04%. However, the standard deviation on this weekday is 5.29%. This means that on most Mondays, the change in value of the THETA is between -5.33% and 5.26%.

THETA increased in value on an average Tuesday only slightly. The average increase in value of the THETA was 0.10%. Allthough the THETA closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (7.08%). This means that on 68 percent of the Tuesdays, the change in price of the THETA is expected to be in the range of -6.99% and 7.18%.

It is hard to tell whether the THETA will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the THETA is -0.07%. However, the standard deviation on this weekday is 7.82%. This means that on most Wednesdays, the change in value of the THETA is between -7.89% and 7.76%.

Historical performance on Thursday do not show an increase in value of the THETA on which a prediction can be made. The THETA increased in value on average on an average Thursday with 0.64%. However, the uncertainty of this increase is high. The expected change in value of the THETA on a Thursday is between -8.33% and 9.62% (see also the table below).

THETA increased in value on an average Friday only slightly. The average increase in value of the THETA was 0.26%. Allthough the THETA closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.98%). This means that on 68 percent of the Fridays, the change in price of the THETA is expected to be in the range of -4.71% and 5.24%.

THETA increased in value on an average Saturday only slightly. The average increase in value of the THETA was 0.25%. Allthough the THETA closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (5.79%). This means that on 68 percent of the Saturdays, the change in price of the THETA is expected to be in the range of -5.54% and 6.04%.

THETA weekday performance details

Find below the details of the performance of THETA 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 -0.43% 6.97% -7.40% to 6.54%
Monday -0.04% 5.29% -5.33% to 5.26%
Tuesday 0.10% 7.08% -6.99% to 7.18%
Wednesday -0.07% 7.82% -7.89% to 7.76%
Thursday 0.64% 8.98% -8.33% to 9.62%
Friday 0.26% 4.98% -4.71% to 5.24%
Saturday 0.25% 5.79% -5.54% to 6.04%
 

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