THETA (THETA)

Current price: $ 1.89

24 hours price change: $ -0.000834 (-0.04%)

Daily analysis of THETA (THETA) - 1 month

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 1 month, starting on February 1st, 2024 to March 1st, 2024.

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 02/01/2024 and 03/01/2024.

According to the performance of THETA between February 1st, 2024 and March 1st, 2024, THETA performed the best on Wednesdays. On average, the price of THETA increased 1.00% on Wednesday.

The weekday on which the THETA performed the worst, is Sunday. On Sundays, the THETA declined in value on average by -0.83%.

THETA weekday performance

On Sundays, the THETA decreases in value on average with -0.83%. On most of the Sundays the THETA decreases in value between -1.58% and -0.08%. The uncertainty (0.75%) is higher than the average decline percentage (-0.83%). Therefore, expected range of price changes of the THETA on Sundays is large.

Historical performance on Monday 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 Monday with 0.98%. However, the uncertainty of this increase is high. The expected change in value of the THETA on a Monday is between -0.42% and 2.39% (see also the table below).

Historical performance on Tuesday 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 Tuesday with 0.85%. However, the uncertainty of this increase is high. The expected change in value of the THETA on a Tuesday is between -2.72% and 4.42% (see also the table below).

Historical performance on Wednesday 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 Wednesday with 1.00%. However, the uncertainty of this increase is high. The expected change in value of the THETA on a Wednesday is between -1.11% and 3.10% (see also the table below).

On Thursdays, the THETA decreases in value on average with -0.78%. On most of the Thursdays the THETA decreases in value between -3.23% and 1.67%. The uncertainty (2.45%) is higher than the average decline percentage (-0.78%). Therefore, expected range of price changes of the THETA on Thursdays is large.

Historical performance on Friday 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 Friday with 0.83%. However, the uncertainty of this increase is high. The expected change in value of the THETA on a Friday is between -0.30% and 1.95% (see also the table below).

The average increase of the THETA on an average Saturday is 0.44%. This is a small increase, however, the expected change of the THETA in 95% of the Saturdays is 0.13% and 0.75%. This means that only on 2.5% (or slightly over 1 Saturday per year) the expected change of the THETA is below 0.13%. On the other hand, you would not have to expect that the change on a single Saturday will be above 0.75%. This will also only happen on 2.5% of the Saturdays. On 68% of the Saturdays, the increase of the THETA will be in the range of 0.28% and 0.60%.

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 -0.83% 0.75% -1.58% to -0.08%
Monday 0.98% 1.41% -0.42% to 2.39%
Tuesday 0.85% 3.57% -2.72% to 4.42%
Wednesday 1.00% 2.11% -1.11% to 3.10%
Thursday -0.78% 2.45% -3.23% to 1.67%
Friday 0.83% 1.12% -0.30% to 1.95%
Saturday 0.44% 0.16% 0.28% to 0.60%
 

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